FANTASTIC "R2 ZONED" Property !!! DO NOT MISS this TERRIFIC OPPORTUNITY to BUY in an IDEAL LOCATION on the beautiful Newport Beach Peninsula!!! Imagine the possibilities to build your NEW DREAM HOME or build your INVESTMENT property, Only one house from the sand. LAST of the few lots remaining (3,150+ sq. ft.) that has yet to undergo new construction in one of the areas with ‘NO overhead wires’. Most of the new 2+ story structures on the peninsula are offering views of the ocean and bay from upstairs and rooftop. Treat yourself to an incredible NEWPORT BEACH life style, and to indulge in all that the Balboa Peninsula has to offer. Uniquely, this property is centrally located halfway between both piers, at the narrowest part of the Peninsula just steps away from the beach. No need to cross the street to get your toes in the sand, and a quick crossing of the street to reach the bay. This area is blossoming with new construction. This location has quick access to the several restaurants, many shops, local park, ferry and the Fun zone. Enjoy the breathtaking Sunrises and Sunsets, bike riding, walking, jogging and many other outdoor water activities available nearby. This lot is situated with an extra wide alley behind. Buyer to verify all property information.