$1,000,000 PRICE REDUCTION!!  A rare opportunity to own a newly constructed custom bayfront residence on prestigious Balboa Island. Designed by Ian Harrison and expertly built by Waterpointe Custom Homes, 1105 N. Bayfront sets a new benchmark for sophisticated waterfront living.  Showcasing 30 feet of prime bay frontage and approximately 2,389 square feet of meticulously curated interiors, this newly completed architectural masterpiece is ready to be enjoyed. The main level is designed for effortless indoor-outdoor living, highlighted by exquisite custom millwork, a statement fireplace, and expansive LaCantina doors that open directly to the bayfront. The chef's kitchen blends elegance with functionality, featuring a generous island with farmhouse sink, Calacatta Prado countertops, Wolf range, Sub-Zero refrigeration, and a walk-in pantry. A dramatic 2.5-story entry foyer creates an unforgettable first impression.  Upstairs, the second level offers two well-appointed bedrooms, two bathrooms, a dedicated laundry room, and a versatile flex space. The primary suite serves as a serene retreat, filled with natural light and opening to a private patio with sweeping bay views. Its spa-inspired bath includes dual vanities, an oversized custom-tiled shower, soaking tub, and a spacious walk-in closet.  The third level is designed for elevated entertaining, featuring an enclosed lounge with wet bar, a full bath, and bi-fold doors that open to an expansive covered loggia. Complete with built-ins, a fireplace, and additional deck space, this level captures breathtaking panoramic views of the bay.  Additional highlights include a private elevator servicing all three levels, Pella dual-pane windows, Provenza Tresor Armour flooring, solar panels, abundant natural light, and a two-car attached  garage. Ideally located near Fashion Island, pristine beaches, and the boutiques and dining along Marine Avenue, this exceptional residence offers a rare blend of modern sophistication, comfort, and iconic coastal lifestyle.