127 Jade Ave, Newport Beach, CA 92662

Outstanding 5 bedroom, 4.5 bath corner home directly across the street from the Bay on peaceful and serene Little Balboa Island. 127 Jade has commanding Bay views, beamed ceilings throughout most of the home and two cozy wood burning fireplaces. The first level has a great room with fireplace that opens to a sunny Bay-view front patio and a large private interior patio. The second level has a master suite with Bay-view balcony and separate office, three guest bedrooms, a family room with fireplace and Bay view and a kitchenette. In addition there is an over-sized 526 sf two car-garage, electric cart parking on the side of the home, and an additional guest suite. The home can also be utilized as a duplex with a 3 bedroom front home and 2 bedroom rear apartment and would be an excellent vacation rental which could gross $100,000 or more per year. 127 Jade has all the benefits of living on the Bayfront with the advantages of being on an interior street. Do not miss this wonderful opportunity!