Located in the prestigious gated community, The Castaways, this picture perfect property is the quintessential family home. On a large 7,380 sq ft lot, the backyard is an entertainer’s dream. With its large saltwater Pool/Spa, elegant drapery-lined Cabana, and elevated Fireplace lounge, this backyard is simply spectacular. Rich hardwood flooring run throughout the impressive interior. The updated gourmet Kitchen is beautifully adorned with dual chandeliers over the island, quartzite slab countertops, marble subway backsplash, Subzero/Viking appliances, and large built-in breakfast nook. The Bonus Room is perfect for a home office, guest bedroom, or kids' playroom. Beautiful built-in cabinetry lines both upper halls. The spacious Master Bath has separate sinks flanking a built-in tub, large walk-in shower, vanity, and his/her walk-in closets. Additional features include: front porch, upper balconies, two fireplaces, beautiful slate exterior hardscape, built-in bbq, and multiple designer light fixtures. This existing 3 Bed/3 Bath floor plan can be easily built-out to accommodate up to 5 bedrooms and 5 bathrooms if desired. Ideal Newport Beach location, within close proximity to such premier retail amenities as Fashion Island, and a stone's throw from the famed Balboa Peninsula, Balboa Island, and NMUSD schools. This is an impeccable property in one of the most coveted neighborhoods in Coastal Orange County...a must see!