A rare lease opportunity sits on the water at 1126 East Balboa Boulevard on the highly coveted Newport Beach Peninsula. This can be a long term lease at $25,000/month. Featuring three bedrooms and two and a half bathrooms, the floor plan is great for every day beach living and entertaining. An open kitchen allows for views of the double-sized deck, private dock, and bay from every angle of the main level. The deck leads to a 72ft private dock which can hold up to an 80 ft boat and is the ideal place to watch the boats pass by, sunsets or enjoy the city lights at night. Entirely remodeled throughout with brand new oak hardwood flooring, a bunk room, and marble tiling in each of the bathrooms makes this home move-in ready. Within walking distance of the Wedge, the Ferry and some of the West Coast's best beaches, this is truly a one of a kind rental opportunity on the water.