2130 E Balboa Blvd, Newport Beach, CA 92661

ON SALE till 12/31/09. Dont miss this chance to own the best value and location on Newport Bay. Existing home sales were up 9% in September. Now is the time to buy! Owners will offer this unbeatable fall sale price for 2 months. After December, this home may be taken off the market for [family use/vacation rentals]. This classic Old Balboa bayfront home on favored Peninsula Point offers a yachtsmans dream location: only 5 minutes to open water--but out of the storm surge. The long dock--with 2 side ties--can be enlarged for boats to 87 feet. It sits at a bend with maximum privacy and spectacular wide-open views of two channels, perfect for the buyer who seeks a prime location and sizeable parcel (6500+sq.ft. with 49 front feet). This comfortable home with ground floor master suite is ready to use as-is, to remodel into a much larger home, or to build your dream home.