Incomparable opportunity to acquire one of Balboa Island's best lots situated on a prime corner on the desirable "Quiet End" of the Island. 145 Park offers the new owner several excellent options: Live-in this charming 3-bedroom cottage as it is or remodel it, lease as a vacation rental, or build your brand new dream home with APPROVED PLANS by renowned Brandon Architects. The approved plans call for a stunning new 3-bedroom modern coastal home with 2,394 square feet of livable square footage, and over 800 square feet of outdoor space—including a serene covered lanai and roof deck on the third floor. The new home also features an impressive and innovative design, large courtyard, a two-car garage, and offers views of the Bay. If you're looking for the opportunity to build your dream home in an A+ location, it doesn’t get much better than this.