SIGNIFICANT PRICE IMPROVEMENT! NOW AVAILABLE FOR SALE, LEASE OR LEASE WITH OPTION TO BUY! THE BEST VALUE OPPORTUNITY IN BAYSIDE VILLAGE FOR FULLY REMODELED, BAY VIEW UNIT! Mesmerizing sunsets and waterfront views of Newport's Back Bay, this adorable, storybook coastal cottage blends timeless charm with sophisticated and refined modern vibe in a beautifully curated retreat. Fully redesigned with a complete remodel in 2024, the home captures the essence of relaxed Newport Beach living with warm organic finishes, abundant natural light, and seamless indoor-outdoor flow. A charming Dutch door welcomes you to an airy, open great room featuring soaring beamed shiplap ceilings, wide-plank white oak luxury vinyl floors, and designer finishes throughout. The expansive 12-foot California door, framing breathtaking bay views effortlessly connects the living space to the large waterside patio. Automatic remote-controlled shades allow you to enjoy water view, natural light and coastal breezes at the touch of a button. The thoughtfully designed kitchen showcases a blend of custom white oak cabinetry, marble countertops, floating shelves, and built-in storage. Stacked washer/dryer are concealed within the cabinetry for style and convenience. An oversized 7-foot island creates the perfect setting for entertaining, gatherings with friends, or peaceful mornings overlooking the water. Every detail was intentionally selected to feel elevated yet comfortable. The dining area includes oversized storage ideal for coats, pantry overflow, or seasonal items. Dimmable LED lighting, designer fixtures, and cream bamboo Roman shades create a warm and inviting ambiance. New landscaping enhances the attractive curb appeal and retreat-like setting. A dog run with turf adds everyday convenience for pet owners, while a poured concrete slab is ready for a future storage unit. Two (tandem) parking spaces in front of the home provide ease for guests and multiple vehicles. Perfectly positioned on the highly desirable 2nd row of Bayside Village, the residence enjoys sparkling water views with added privacy and exclusivity, along with the benefit of a lower land lease payment and no property taxes. This turnkey waterfront retreat presents a rare opportunity in one of Newport Beach's most idyllic bayfront communities. HOA amenities include bayfront pool/spa, private beach, clubhouse, BBQ, fitness center and dog park. Boat to dinner! The ultimate in waterfront living! Located on Lease Land