Seize this unique Balboa Island opportunity to own an oversized Bayfront property, featuring 45 feet of pristine waterfront. This rare one and one-half lot offers unparalleled potential, whether you choose to update the classic original cottage or build your dream estate-sized home of over 4,000 square feet. The property is enhanced by abundant tropical landscaping, providing a tranquil oasis in the front yard and private brick patio at the back, offering serene and quiet spaces perfect for relaxation and entertaining. Inside, the vintage cottage has three bedrooms and three bathrooms, along with an upstairs one-bedroom apartment complete with a private patio. This flexible living space is ideal for guests or rental opportunities. Located in a prime position, this home is within close proximity to the charming Marine Avenue shops, delightful restaurants, and beautiful beaches. The convenient location allows for easy access on and off the island, making everyday living a breeze. The private dock is perfectly situated for easy navigation to the harbor entrance, Grand Canal, and several yacht clubs a boater’s paradise. This exceptional property has been cherished by only one family, presenting a rare chance for you to create your own legacy in this sought-after island community. Don’t miss out on making this special property your own.