Make your coastal living dreams come true with this spectacular oceanfront corner estate lot in Newport Beach at Peninsula Point that offers breathtaking surrounding views of the harbor, ocean, coastline and Catalina Island! You can enjoy the welcoming 3,300' retreat immediately while potentially designing your own compound that optimizes these amazing views & beach access. Wake up to breakfast by- the - sea and fall asleep to the soothing lull of the waves in this 4 bedroom retreat that includes upper level main living and entertaining area with endless water views from every vantage and a balcony for enjoying the ocean air. A secluded master bedroom completes the upstairs floor plan. The lower level offers a 2nd living area, including small kitchen and private access to the most notable beach in all of Southern California, featuring every body surfer's nirvana- the infamous Wedge. An oversized rooftop deck is the perfect spot to enjoy the picturesque vistas, watch magnificent yachts go by or gather with friends to sip cocktails during those crimson California sunsets. The secluded residential location of this exclusive section of the peninsula affords one of the least populated environs that marries California beachfront and bayside living. As it is with many prestigious properties , 2172 E Oceanfront has the potential to become a "named" compound establishing its reputation as a generational estate within the Newport Beach community.