Nestled within one of Peninsula Point's most coveted locations, 1411 E Bay presents an unparalleled opportunity for exquisite bayfront living in Newport Beach Harbor. This exceptional property offers the rare chance to either construct your dream home or renovate to indulge in waterfront luxury. From its existing structure, revel in sweeping panoramas of the harbor and Fashion Island's skyline, gracing both the main living area and primary suite. This iconic residence boasts a private pier leading to its dock, facilitating effortless access to the bay and jetty. Conveniently positioned within strolling distance of the Balboa Island Ferry, Balboa Fun Zone, the Wedge, and Newport Beach's most pristine beaches, this property epitomizes coastal living at its finest.