Welcome to the epitome of California Bayfront luxury! Nestled in the heart of Balboa Peninsula on a generous corner lot, this home has been completely renovated from top to bottom. In addition, this exceptionally rare Bayfront home offers a separate 2 BR/2 BA back unit/guest house. Never lived in since the remodel, it includes a private dock to accommodate a 50'+ yacht plus a side-tie Duffy and parking for 3 cars. Clearly, a rare treasure waiting to be discovered. Boasting bay views, coastal charm, and modern amenities, this property redefines Bayfront living in every way for the discerning buyer. Offering exclusive access to a semi-private beach and an intimate rooftop deck, providing breathtaking vistas of the bay, Balboa Island, Harbor Island, and beyond. Conveniently located near popular attractions such as restaurants, the Balboa Island Ferry, the Fun Zone, and world-class beaches, you'll experience the best of Newport Beach right at your doorstep. Step into luxury as both residences have been meticulously remodeled from the studs, featuring designer upgrades and high-end finishes throughout. With a total of 5 bedrooms and 5 baths across nearly 3,000 square feet, each unit offers spacious living areas and abundant natural light, creating an inviting and sophisticated atmosph