A rare lease opportunity sits on the water at 1126 East Balboa Boulevard on the highly coveted Newport Beach Peninsula. Featuring 3 bedrooms and 2.5 bathrooms, the floor plan is great for everyday beach living and entertaining. An open kitchen allows for views of the double-sized deck and bay from every angle of the main level. The deck leads to a 72ft private dock which can hold up to an 80ft boat and is the ideal place to watch the boats pass by, sunsets, or enjoy the city lights at night. Entirely remodeled throughout with oak hardwood flooring, a bunk room, and marble tiling in each of the bathrooms makes this home move-in ready. Within walking distance of the Wedge, the Balboa Ferry, and some of the West Coast's best beaches, this is truly a one of a kind rental opportunity on the water.