Perfectly situated between the beach and the bay with world-class amenities just beyond the front door is this newly renovated (2018) and versatile duplex that serves well as a primary or secondary residence or lucrative investment opportunity. Near-limitless possibilities are afforded by the residence; live in one and reserve the other for guests or rent one or both residences for steady long-term income. Each unit (a 3 br, 2 ba top unit and 1 br, 1 ba lower unit) display vibrant California beach-inspired finishes including a light and bright color palette, brass accents, artisan wall coverings and designer-selected light fixtures for a fun yet refined aesthetic. New cabinetry, Brizo plumbing fixtures, Kohler sinks, Quartz bathroom and butcherblock kitchen countertops with a mosaic tile backsplash deliver enduring quality without compromising style. Additional highlights of each unit include a fireplace, private patio/deck, separate water meter, A/C with Nest Thermostat, and access to the 3-car garage with laundry. With a location near Lido Marina Village, Marina Park, Newport Pier and more, this hip turn-key beach home offers a dynamic lifestyle only found on the Balboa Peninsula.