Just reduced! This quaint, single story home is located on a friendly cul-de-sac street in the Cherry Lake area of Newport Beach. It has been owned by the same family for over 50 years and has wonderful potential for those looking for a great home with solid bones to put their own stamp on! Situated on a 9,600+ sf lot, the home has four spacious bedrooms, three baths, a living room, dining room and a family room that opens to the private back yard space. The two car garage has plenty of storage space. Location being paramount, 2315 Fairhill Drive is close to everything! Just a stone's throw away from the Back Bay Loop trail system of the Upper Newport Bay, the Newport Beach Golf Course, the popular Irvine Ranch Market, beaches and the 17th Street shopping corridor. Those with a keen vision for design could re-create this gem into a wonderful new home!