High-end modern home ingrained in the details built by the renowned and innovative Dvele known for the smartest, healthiest and most sustainable homes on the market, including stunningly modern designs, state of the art appliances, hardwood floors and high-end fixtures and finishes. Open floor plan with custom millwork and cabinetry located in the heart of Newport Beach is the perfect place to relax, enjoy year-round fantastic weather and live the Newport Beach lifestyle. Upgrades include hard wood flooring, Corian quartz countertops, tile flooring in bathrooms, vaulted ceiling, modern ceiling fans, canned lighting, soft-close cabinets, pull-out drawers, large walk-in closet with great storage, large secondary bathroom, and GE Café appliances. Enjoy casual elegance where every inch has been maximized. Amenities include 2 pools, 2 clubhouses, private beach and marina with boat docks, parks and picnic area. Enjoy back bay activities such as paddle boarding, kayaking, etc. Enjoy the beach, wilderness trails, Balboa Island, world class shopping/dining at nearby Fashion Island. Head out to Laguna Beach or Huntington Beach for additional dining and activities. Property on leased land with monthly land lease of $2650, which includes water, trash and community amenities. NO HOA ASSESSMENTS OR PROPERTY TAXES. Come and enjoy all that Newport has to offer at a fraction of the cost! You will love it!