This wonderful and quiet residence enjoys balmy ocean breezes and is located just a short walk to the enticing beaches, parks, restaurants and shopping that Newport Beach has to offer. Boasting tasteful upgrades and an open and airy floorplan, you will love living in this well-maintained property in the desired Villa Balboa community, a prestigious gated community overlooking the Balboa Peninsula. The two-bedroom property exudes tranquility; as you enter, you're greeted by a dramatic entryway featuring an elegant art niche and rich Brazilian Cherry wood flooring that extends throughout the common areas of the home. The spacious and bright living room is perfect for relaxing or entertaining, with an oversized granite fireplace, recessed lighting, mirrored wall, and adjacent dining area. The fabulous kitchen is a chef's delight, with granite slab countertops, rich cabinetry and a large breakfast bar/pass-through to the living space. The generous master suite is complete with bath, large closet and vanity area. A second bedroom can be for your guests or turn it into a convenient home office. The community amenities are simply unparalleled, with a pool, spa, tennis courts, private gym, park-like grounds, and much more. Approaching the entrance to the residence, you are treated to amazing ocean views, which reinforce how special this location is. This is truly a one-of-a-kind opportunity to live the Newport Beach lifestyle in a gracious and affordable manner.