Unbeatable New Price in Prime Location. This classic-style Peninsula home, ideally situated on a spacious corner lot, offers 3,700 square feet of tastefully designed living space. With four bedrooms and three and a half baths spread across three stories, the residence blends elegance with comfort. The formal entry leads to a bright and airy ground-floor living room featuring beautiful custom white plantation shutters and built-in shelving, enhancing the welcoming coastal ambiance. The ground floor also provides access to the attached two-car garage, along with a convenient bedroom and bathroom, a storage room, and a laundry room. On the second floor, you're welcomed by a seamless flow between the family room with fireplace, kitchen, and dining area with a bay window with seating, where the open floor plan makes entertaining a breeze. French doors lead to a private deck, offering the perfect spot for evening relaxation or enjoying your morning coffee while taking in the fresh ocean air. The expansive top-floor primary bedroom is a true retreat, boasting a vaulted beamed ceiling, a grand stone fireplace, a linen closet, and two additional walk-in closets. The spa-inspired en-suite bathroom features a soaking tub, a separate shower, and a double vanity. French doors lead to private outdoor patio decks, offering peek-a-boo ocean views. Bedroom #4 is generously sized with closet space. This home is ideally located within a short walk from the ocean, near Alamitos Bay, and a quick drive to restaurants, markets, shopping centers, and more. The first and second floors are rented out as an Airbnb, generating approximately $100K to $150K annually. Don't miss this opportunity to own your dream home.