A beautiful Cottage By The Bay...nowhere in Newport Beach can you live in a waterfront setting for close to this price! This 2 bdrm, 2 bath home comes with a VERY RARE GOLDEN LAND LEASE of $2175/mo vs the market rate of $4900/mo.for a savings of over $250,000 for the duration of the lease. An open floor plan awaits you with cathedral ceilings and large picture windows across the front of the home capturing expansive views of the Back Bay and cliffs of Dover Shores. Features of this home include bead board wainscot, plantation shutters, 2 double Dutch Doors, a LARGE walk in pantry/room & tons of built-ins offering a so much storage. Bathrooms include Carrera marble vanities and travertine tile showers. Kitchen has granite counters and upgraded stainless steel appliances. Outside is a large, covered patio offering a very peaceful and tranquil setting to enjoy the water views. Bayside Village offers affordable resort like living in the heart of Newport Beach. Enjoy many fine activities such as walking/biking trails, kayaking, paddle boarding, water aerobics and boating. Located within walking distance to world class restaurants, beaches and shopping. Amenities of Bayside Village include a Private Beach with 2 Gas Fire Pits, 2 Clubhouses, 2 Pools & Jacuzzi’s, Parks, Game Room, Fitness Center, Garages. Boat slips available. No Land Taxes or HOA Dues. All new residents subject to park approval by Bayside Village mngt. Lease subject to annual increases. Serial# 17613029AP,BP,CP,DP