Enjoy spectacular unobstructed views of the harbor, the sparkling lights across the bay and a front row seat to all of the boating activities including the holiday boat parades. This spacious 4 Bedroom home is directly across from the bayfront beach and boat ramp so you can easily launch your kayaks, paddle boards and small boats. The second floor living room has a fireplace, separate office or entertainment alcove and adjoins the bay view dining room and beautifully appointed updated kitchen with Viking appliances and granite counter tops. The luxurious primary suite features a huge walk-in closet and tastefully remodeled travertine lined bath with a separate bathtub and glass walled shower. The private upstairs deck is accessed from the primary suite and the living room. The first floor includes a family room with a fireplace, three bedrooms, a full bath and a laundry room. A three car attached garage contains a separate work room and ample storage. The Peninsula Point features a voluntary association that includes use of the private beach, barbeque and boat launch directly across from this beautiful home. Enjoy the members only tennis courts and social activities, including a 4th of July Parade, Easter egg hunt and easy access to the Wedge, Balboa Ferry, Fun Zone, cafes and miles of sandy beaches. Unfurnished, yearly lease with option to extend.