Ideally located right on the bay with a private dock and enchanting views, this upgraded Balboa Peninsula duplex offers outstanding opportunities in Newport Beach. Featuring an elevator and interior and exterior staircases, the two-level property can easily be transformed into one expansive single-family residence with approximately 3,500 square feet of living space. Both levels offer gorgeous views of the bay, passing boats, evening lights reflecting on the water, the office towers of Newport Center, and the Balboa Fun Zone, which is just a few homes away. Each residence features two bedrooms, two baths, open living and dining areas with fireplaces and bay views, and kitchens that open to the dining room. The lower unit hosts a large bayfront patio and small beach, luxury vinyl plank wood-look flooring, and a gourmet kitchen with quartz countertops and stainless steel KitchenAid appliances. Second-floor residents will enjoy a living room with floor-to-ceiling windows and doors opening to a view balcony, an office, and a primary suite with private balcony. Crown molding, in-ceiling speakers, a two-car garage, and a gated entrance for added privacy are also included, and the dock can accommodate a vessel up to 60' long. Balboa Island, the Balboa Pier and the oceanfront Balboa Peninsula Park are just a quick stroll from home, and local shops and restaurants, Fashion Island, and world-famous surf breaks are minutes away.