Luxury Live Auction! Bidding to start from $2,000,000! Welcome to a recently remodeled beach house on the iconic Balboa Peninsula that embodies the epitome of coastal living. This captivating property, freshly painted inside and out, exudes a sense of tranquility and coastal elegance that is key to any Newport Beach home. Once you step onto the beautifully tiled front patio, you will know you are home. The enclosed front porch, flooded with natural light, is the perfect, multi-functional room easily used as a lounging room, mud room, sun room, or anything else your heart desires. The lower level is lined with newly installed hardwood flooring. The great room consists of a dining area and a living room outfitted with a brick fireplace with tiled hearth to offers both warmth and charm. The heart of the home, a modern farmhouse kitchen, beckons with custom blue cabinetry, pristine white marble countertops, a tiled bar top, and a beautiful archway. Equipped with premium Bertazzoni appliances, you can truly unleash your inner chef. Convenience is key with an additional external door opening next to a full bathroom downstairs, finished with elegant tiling and rock bottom shower, making it easy to rinse off after a day at the beach. Ascending to the upper level, you'll discover new seagrass flooring offering both comfort and durability - essential for any beach house. The sliding barn door closets with custom built-ins in each bedroom provide a touch of modern farmhouse charm to the upper level. Stepping outside to the upper-level patio, you'll find a tiled seating area where you can enjoy the cool ocean breeze and sunset views. But the true gem of this property is the large rooftop deck, pre-wired for any electronics, offering the ideal location for sunset dinners in the summer. In addition, the garage has been thoughtfully enhanced with epoxy flooring and a convenient utility sink, alongside washer and dryer hookups. This Bayside community is within walking distance to many of Southern California's most iconic beaches, Balboa Pier and Fun Zone, Newport Harbor, the Balboa Ferry, and so much more.