Affordability is hard to find in Newport Beach...except at 307 Lexington Circle in Bayside Village. Newport Beach waterfront lifestyle at an exceptional value. This charming, cozy 2-bedroom, 2-bath manufactured home offers a rare opportunity to enjoy coastal living at a more attainable price-perfect for renovation, or building a new custom home up to approximately 900 sq ft. The bright, open-concept layout features two skylights and two large sliding glass doors, filling the home with natural light and creating an easy flow between the living, dining, and kitchen areas-ideal for efficient, relaxed everyday living and entertaining. Wrap-around covered porch provides shade and privacy, while the yard offers flexibility to fit your vision. Keep the grandfathered, electric powered, 120 sq. ft. shed for a workshop, office, or gym, or remove it to create a larger, more open yard. With no neighbors directly in front or behind, the home enjoys an uncommon sense of privacy. The current below market land lease secured through 2026, no HOA dues, and no property taxes adds to the overall affordability, making this an excellent entry point into Newport Beach. Bayside Village's location next to a planned upscale mixed-use development further enhances long-term investment potential. Residents enjoy resort-style amenities including pools, spas, clubhouses, private beach access, kayak and paddleboard launch, and scenic walking paths. Conveniently located near Newport Dunes Waterfront Resort & Marina, Balboa Island, and Fashion Island, with easy access to dining, shopping, and the coast. An ideal opportunity for full-time living or a beach retreat, offering privacy, flexibility, and affordability in one of Newport Beach's most desirable waterfront communities.