Rare bayfront lease opportunity on the Balboa Peninsula. This beautifully appointed Cape Cod Craftsman home sits directly on the water and offers 4 bedrooms, 3 full bathrooms, and 1 half bath. Water views carry throughout the home, creating a bright coastal setting with an exceptional connection to the bay.Enjoy direct dock access for launching kayaks from home, relaxing by the water, and taking in the Newport Beach lifestyle. Located just moments from the Balboa Fun Zone, beaches, dining, shopping, and waterfront attractions, with the ability to bike nearly everywhere. A prime opportunity to lease a true waterfront home in one of Newport Beach's most sought-after locations. Pricing determines based on term and season of the year.