$7,988,000

**Price IMPROVEment** Nestled on an oversized corner lot, this magnificent two-story home offers a relaxed oceanfront living experience. Located in the heart of the Balboa Peninsula with its breathtaking panoramic views of the Pacific Ocean. Enter through the dutch door to an open floor plan that includes a family room, bay windows, fireplace, dinning area with cofferd ceiling and a bright functional kitchen. Off the kitchen is a main level bedroom, two bathrooms, and laundry area. Step down into the great room with beamed ceilings, fireplace, an abundance of storage space. Large sliding glass doors open to a very private enclosed side patio, perfect for pets to roam freely. Attached is an oversized two car garage, next to the garage behind the double door access gate gives way for a third auto. The second level consists of three bedrooms, two baths, a walk in closet, and a balcony off two of the bedrooms overlooking the boardwalk and blue sea. Asend up the third staircase to the roof top with a gas fireplace, countertops, a refrigerator, spot for a bbq, storage, and 360 degree sweeping views from Newport Coast to Catalina. Over the years, there has been upgrades and additions from the exterior to the interior leaving the quintessential character of the costal chic original build.