Fabulous BALBOA ISLAND home directly on South Bayfront and Boardwalk at the best location in Newport Harbor; an A++ location directly across from landmark Pavillion with a dock for up to 3 boats. The home is in the finishing stages of a complete custom rebuild and should be ready for delivery by Christmas 2008. No expense has been spared in this dramatic three bedroom, three and one half bath home. In addition to a deluxe gourmet kitchen and first floor living and dining room, there is also a very large family/media room on the second floor. The master bedroom suite is oversized and has a fantastic view deck overlooking the Harbor. Seller estimates that the OVERSIZED home is 2711 square feet PLUS a 480 square foot garage. Today, a typical new Island home size is 2720 INCLUDING garage. There is still time for Buyer to pick out final wall colors, etc!