Immerse yourself in the ultimate coastal luxury with this brand-new duplex on the iconic Balboa Peninsula—a rare opportunity combining elegance and investment potential. Spanning approximately 1,823 SF, the front unit features three bedrooms, including one that opens onto a sunny deck. French oak flooring adds warmth and elegance throughout, while rift-cut white oak cabinets provide a sleek, modern touch. For culinary enthusiasts, the kitchen is a dream come true, boasting top-of-the-line stainless steel appliances, including a Thermador cooktop, custom cabinetry, and stylish Silestone countertops that perfectly combine elegance and durability. The secondary unit, with approximately 1,062 SF of open-concept living space, includes two bedrooms and a versatile bonus room—ideal for a media room, study, or additional bedroom—that opens onto a spacious rooftop terrace. This inviting guest suite or income opportunity mirrors the high-end finishes of the front unit, including stainless steel appliances and a Thermador cooktop in the kitchen. Outside, the stylish facade features a standing seam metal roof system. Glass sliding doors lead to the front patio and balcony, filling the interior with natural light. Combining contemporary design, top-tier finishes, and an ideal location, this property is perfect for homeowners and investors alike. Additional highlights include a 2-car garage, a spot below 100 on the short-term permit waiting list, and a premier location in the heart of Newport's vibrant beach, dining, and entertainment scene, making this a compelling investment opportunity.