$499,000

Rare find on this second row property with water views in Bayside Village with a LOW LOW LAND LEASE at $1651 monthly. This cabana home is in well kept original condition and has views of the Back Bay. Expansive living room/dining room and kitchen all look over a large deck to the bay. Floorplan is open with lots of windows. Master bedroom suite also has bay views and a large master bathroom. There is also a second bedroom and bath. There are high beamed ceilings in the living room and those same beamed ceilings are over the entire home. If remodeled one can remove the lower existing ceilings and enjoy the beamed ceilings. Plus there is room for 2 cars in the driveway. VERY IMPORTANT is the fact that this property has a GOLDEN LEASE at $1651 monthly. This location would normally have a land lease of $4400 monthly. Land lease includes water, trash and numerous community amenities. There is no HOA but homeowners enjoy two large clubhouses, a privage beach, two pools, two jacuzzis, game rooms, game courts, barbeques & picnic areas, fitness room and a dog park! Plus there is a marina. Bayside Village is in the heart of Newport Beach and is less than a mile to Fashion Island, Balboa Island and world class restaurants and beaches. Come live the Newport Beach lifestyle at a fraction of the cost of surrounding neighborhoods.