A Once-in-a-Generation Opportunity on Newport Harbor. Offered for the first time in more than four decades, this iconic bayfront residence occupies one of Newport Harbor’s most coveted end parcels, commanding 180 degrees of panoramic harbor views. Watch luxury yachts, sailboats, kayakers, the Christmas Boat Parade, dazzling sunsets and sunrises, and the ever-changing beauty of the bay unfold before you. Reimagined and expanded in 1999 including foundational support. A private dual-slip dock accommodates a 55-foot yacht and a 40-foot vessel, with potential to expand for a yacht of approximately 65 feet. Just steps away, enjoy the sandy bay beach and neighborhood dog park, or cross the street to the ocean for surfing, boogie boarding, volleyball, and scenic shoreline walks. The main level welcomes you with a charming front porch and double-door entry leading to a spacious living room showcasing spectacular harbor views, anchored by a wood-burning fireplace. A formal dining area, generous kitchen, full bath, outdoor shower, abundant walk-in pantry, and ample storage complete the space, including an elevator to provide convenience to the second floor. Designed for effortless indoor-outdoor living, the main level opens directly to an expansive waterfront patio and private dock, creating the ultimate setting for entertaining and boating. An extraordinary seven parking spaces, including a three-car attached garage, provide a rare luxury on the Balboa Peninsula. The upper floor offers exceptional scale, with soaring cathedral ceilings in nearly every room, five spacious bedrooms, three additional bathrooms, and an open loft ideal for a media room, office, fitness studio, library, children’s retreat, or additional living area. Exceptional potential awaits in the two bayfront bedrooms, perfectly positioned to become a spectacular primary suite overlooking Newport Harbor with breathtaking water views. Hidden storage throughout and beautiful historic stained-glass details add timeless character and architectural distinction. Beautifully maintained and rich in history, this remarkable residence can be enjoyed as-is or transformed into one of Newport Harbor’s premier waterfront estates. Lido Marina Village, Balboa Island, Marina Park, the Peninsula Boardwalk, acclaimed dining, shopping, and cafés are all moments away. Cruise to dinner from your private dock, enjoy sunsets from your ocean-view balcony, and create a legacy estate for generations to come.