A classic traditional Balboa bay front cottage located on delightful Bay Island in the heart of Newport Harbor. Brimming with the nostalgia of simpler times and a history dating back to 1903 when the Bay Island Club originated as a "Gun Club" for wealthy Southern Californians, this romantic and refined enclave of twenty-three residences is accessed by a private bridge off of the Balboa Peninsula. Here homeowners enjoy exclusive common ownership of resplendent flowering gardens and grassy lawns, tennis, a garage parking structure, caretaker's cottage, and a wide sandy beach. Positioned on a large corner lot, 22 Bay Island has a rich past as one of the earliest homes on the Peninsula. Its original owner, William Burnham, was one of the Island's first five shareholders in 1903, and was instrumental in the development of Balboa Peninsula. With its vintage characteristics still intact the Craftsman-style home enjoys spectacular views of Newport Harbor and glistening city lights from every vantage point. An enviable address, Bay Island is just a short stroll to restaurants, shops, the Peninsula's best beaches, the boardwalk and the the world famous Fun Zone. Bring your imagination to this piece of paradise and remodel or redevelop, as this 4,400 square foot lot will accommodate a new home of up to 5,700 square feet. A private pier and dock to hold a vessel of 55 feet and side-tie complement this historic offering.