Perfectly appointed in Balboa Peninsula's prestigious Peninsula Point neighborhood, this Cape Cod-inspired home has been beautifully renovated to achieve the perfect blend of coastal living with upscale entertaining. Taken down to the studs and completely rebuilt in 2014, quality craftsmanship is found in every nuance and detail of the home. Top-of-the-line finishes adorn each room, from the 60-inch Wolf range, Miele dishwasher, Sub-Zero refrigerator, 147-bottle Sub-Zero wine refrigerator, to the Carrera marble island. Featured in the adjacent butler's pantry are a 2-drawer Sub-Zero beverage refrigerator, and stainless-steel pasta filler. Seamless indoor/outdoor living is achieved through a trio of sliding doors from the front patio to the central courtyard, complete with built-in Wolf grill and newly-designed outdoor shower. The bright and open kitchen, living, and dining rooms serve as easy gathering spaces. Elegance is defined in the lavishly beautiful powder room, with generous laundry room and direct-access garage completing the main floor. The 2nd level is as functional and impressive as the rest of the home with newly-designed sleeping quarters by renowned Heirloom Decor, completed in 2023. Each of the 4 bedrooms has been thoughtfully reimagined with calming, coastal-inspired colors and textures in paint and wallpaper, rattan shades, and new fans, with 2 additional bathrooms found on the 2nd floor. Luxury meets comfort in the primary en-suite, featuring a welcoming fireplace, generous walk-in closet with custom cabinetry, and private balcony to soak-in sun-dappled mornings. The spa-like bathroom retreat is luxuriously appointed with Carrara marble steam shower, towel warmer, and dual Carrara marble vanity. Gather the family for game and movie nights in the 3rd floor entertainment room custom-designed with built-in cushioned seating, Sub-Zero wine refrigerator, and newly-designed bathroom. Or, reimagine the space for additional sleeping options. Unwind amidst balmy coastal breezes and picturesque sunsets on the generous rooftop deck, seated around the charming fire pit. Just steps to the sand and world-renowned Wedge surf break, and close to iconic peninsula favorites such as the Balboa Fun Zone, Newport Pier, and Balboa Island Ferry. With access to limitless restaurants, shopping, and great proximity to Fashion Island, Newport Beach Country Club, and John Wayne Airport, this once in a lifetime property truly is the ideal place to call home.