A rare opportunity to lease a beautiful completely renovated and fully furnished single family residence in an exceptional location on Balboa Island. Located one street from the restaurants and boutiques on Marine Avenue, this home is ideally positioned to enjoy all the amenities of the Island or gather with family and friends to enjoy dinner on the patio, beach time, or a stroll around iconic Balboa Island as well as take advantage of Newports's world-class beaches, surfing, paddle boarding, sailing, shopping, dining, golf, biking and hiking trails. The residence consists of 3 bedrooms plus a bunk room and large rooftop deck with ample seating, an oversized umbrella and city light views. The main level features an open floor plan with a great room, inviting fireplace, dining area, and gourmet kitchen opening out onto a front patio well appointed with seating and a fire pit. The second level offers an over-sized master suite with high ceilings, fireplace, balcony, walk-in closet, and spacious bathroom with tub and separate shower as well as two additional bedrooms, a custom designed bunk room which accommodates four. Completing the residence is the third level which boasts a entertainment area and a large rooftop deck with city light views. Additional features of the property include an additional space ideal for golf cart parking or bike and paddle board storage, and an outdoor shower. This chic island beach house is the ideal spot to enjoy the coastal lifestyle year round!