Just past the end of the boardwalk at the quiet side of the strand this large scale single family residence presents the perfect remodel or reconstruction opportunity. Currently configured as an oversized three story structure with over 3400 interior square feet per city records, the property boasts five bedrooms and five-and-a-half baths, along with multiple entertaining spaces, numerous exterior decks, and a large oceanfront patio on the sand. Expansive views abound - not only of the coastline, Balboa Pier, and sunsets behind Catalina - but also the sparkling hillside lights of Corona Del Mar, Newport Coast, Fashion Island and the Newport Harbor waterfront. There is an attached two car garage with room for an additional car in front, and a side area perfect to accommodate the requisite Peninsula golf cart. Bring your architect and your imagination and do not let this oceanfront opportunity pass you by!