Situated on a rare 50-foot-wide corner lot, this newly renovated and expanded home offers a refined yet relaxed lifestyle complete with private beach and bay views and seamless indoor-outdoor living in the heart of one of Newport Beach's most coveted guard-gated bay front communities. The open concept floor plan includes bi-folding doors along the entire first floor showcasing the private beach and bay views. The chef's kitchen is outfitted with top-tier appliances, refrigerated wine storage, custom cabinetry, large center island and an additional island for casual dining. An entertainer's dream bar with a custom double waterfall edge, bay views, and wine and beverage refrigerators with an ice maker is perfect for both entertaining and everyday luxury. Upstairs, a versatile great room/media room offers flexible living space, while the primary suite boasts a spa-caliber bath and oversized custom closet. Additional highlights include Savant full home automation; an oversized spa, fire pit, and bi-folding doors; and an oversized garage with expanded storage. The community also features 24/7 guard-gated security, two private beaches, access to boat dock slips, multiple children's playgrounds, volleyball, and a private walking gate to Balboa Bay Resort/Club and water sport amenities. This is a rare opportunity to own a truly turn-key coastal home in one of Newport's most sought-after enclaves. The property is also being offered for lease at $60,000 a month.