231 E Bay Ave, Newport Beach, CA 92661

**PRICE SLASHED OVER 3 MILLION This brand new 'Tommy Bahama' style bay front home on Little Balboa Island is built on a rare parcel of 1 1/2 lots, and has a new dock for a large yacht. Spacious rooms open onto the bay front terrace and an expansive private veranda, offering the perfect setting for lounging, entertaining and dining. The veranda is protected from prevailing winds. Innovative 'disappearing' sliding doors literally meld the indoors with the bay front. A roof top deck with granite serving counters, refrigerator, sink and hook up for gas BBQ is accessed via the 3-stop elevator. A dream kitchen has a 13 ft. island, WOLF and SUB-ZERO appliances, walk-in pantry and custom cabinetry. Additional rooms include a bay front Lanai and a warm, wood paneled library. Luxury features include Hickory/Pecan flooring, tumbled stone flooring, coffered ceilings, marble appointments and even more. There is a 3 car garage plus covered parking for a golf cart. This island paradise does have it all.