Charming Peninsula Point oceanfront lease opportunity available for the first time. Light-filled four bedroom (one on the ground level), four bathroom traditional home on the sand affords the perfect location for family summer vacation fun! Relax and enjoy the panoramic ocean views from the spacious living, dining and kitchen areas, all opening to a private beach front terrace perfect for al fresco summer dining. First floor guest suite with private bath. Upstairs two generous guest accommodations each with their own private bath and adjacent sitting terrace overlooking sunny front entry courtyard. Oceanfront master suite with its adjoining sitting room and lanai encompasses the entire front of the property, allowing for spectacular water views from The Wedge to the Balboa Pier and beyond. An idyllic seaside location within the private waterfront community of Balboa Peninsula Point. A short walk or bike ride to all of the fun in Balboa Village and easy access to the Balboa Island Ferry, too!