This two story residence is extensively remodeled and redesigned, emphasizing coastal elegance, functionality and a comfortable bayside village vibe. Peacefully positioned between the beach and the Newport Harbor channel across from famed Bay Island. The main level living area has an open floor plan that beckons indoor/outdoor entertaining on the front and side enclosed patios. True hardwood floors, Thermador kitchen with island, family room, dining area and living room with fireplace set the tone for modernized beach living. The second level provides an enjoyable master suite with fireplace, 2 generous secondary bedrooms, deck, plus an office or flexible room. All closets have been customized for maximum space and bathrooms are lavish. The 2 car garage has finished walls and epoxy floors. Side yard has convenient surfer shower. Conveniently nestled between the Bay and the Ocean, so all the choices of coastal living are yours to make. Kayak or paddle-board in the bay, sunbathe and swim at the clean sandy beach. Ideally located to nearby restaurants, the famous Galley, newly developed Yacht Club, shops and the Ferry. Cozy bayside streets are ideal for enjoying the boardwalk and harbor. Perfect as a full time residence or wonderful vacation home in a premier location of the Peninsula.