Experience sweeping views of Catalina Island, Newport Harbor, Pacific Ocean and city lights from this rare offering in Irvine Terrace! Available for the first time in decades, this home sits on a quiet street atop an expansive lot in excess of 13,000 square feet. The home currently offers 3 bedrooms, 2 bathrooms, and approximately 2,323 square feet of living space presenting a remarkable opportunity to remodel or design and build your dream custom estate. A spacious private courtyard provides a tranquil retreat, while the backyard showcases dramatic sunsets and endless views. Ideally situated near Fashion Island, Corona del Mar Village, top rated schools, and some of Southern California’s most beautiful beaches, this property combines unmatched potential with an ideal location!