The sweet old days of Balboa?s yesteryear can be experienced in this single-level, 1912-built, Craftsman style oceanfront beach house with its stylish paneled interiors, spectacular ocean views and vintage character. This multi-generational home will invoke your fondest memories of days spent at the beach with the whole family: think of kids playing, swimsuits, t-shirts, bare feet, swimming, surfing, boogie boarding, bike riding, puzzles, card games, backgammon, volleyball, and endless nights filled with cousins, cook outs and "hanging out" on the beach to the wee hours. Gracing one of the Peninsula?s biggest oceanfront lots, 36? x 102.5?, neighboring properties on similar sized parcels have been able to build to 4,500 square feet with an additional 3-car attached garage. Perfectly positioned between the two piers with sunny Southern exposure, this is the ultimate beachfront, ocean and Catalina Island view location along the Newport boardwalk. Truly one of Southern California's most fun locations, this premier lot is a once in a lifetime opportunity of ownership along a stretch of the Balboa Peninsula?s best swimming and surf beaches, with the montage of the boardwalk, great restaurants, vibrant nightlife and world-famous Fun Zone you cannot help but have fun. Opportunities abound, live in the vintage beach house ?as is,? remodel, or build the house of your dreams.