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. Virtually staged.