Enjoy Catalina and white water views to the North and views of the world-renowned Wedge through the city lights of Laguna Beach to the South from this luxurious and chic oceanfront residence on Balboa's highly sought after Peninsula Point. Offering 40 linear feet of crisp, salty air there is no doubt that this abode will take your breath away! Offering four-bedrooms, four bathrooms, and approximately 3,300 square feet of coveted oceanfront living space and a grand master bedroom fit for royalty, not detail was overlooked!!! From white Venetian plaster throughout, to whitewashed exposed wood beams supporting the cathedral ceilings -- entertaining is simply a delight. The sand level offers three bedrooms, an office, prep kitchen, two bathrooms, a private terrace, built-in barbecue and soft green grass. This is an opportunity you will not want to miss.