Welcome to 308 East Oceanfront; situated in one of the most desirable areas of Southern California, the Balboa Peninsula. This remarkable home is zoned R2 but currently lives as a spacious single-family residence. An elegant coastal feel exudes on both floors of this beautiful beach retreat ideal for day to day living or a second home. The floor plan features 5 bedrooms, 3 bathrooms, a private oceanfront terrace and a main level enclosed yard that steps onto the boardwalk to the sand. Ideally located just minutes from the Balboa Pier, Fun Zone, the Wedge, Balboa Island Ferry, and all the world-class dining, shopping, and amenities Newport Beach has to offer. 308 East Oceanfront is truly a historic offering in a landmark location.