505 L Street is just a short walk from the bay and ocean in the exclusive Peninsula Point community of Newport Beach. This remarkable brand new construction boasts a contemporary European farmhouse feel on all three levels. This 4 bedroom, 5.5 bathroom home was just completed and spans over 3,200 sq.ft. Quality craftsmanship and attention to every detail can be seen throughout the home with premium Warren Christopher wire brushed, wide plank European Oak wood flooring, lovely Ann Sacks and Walker Zanger tile throughout and interior design by Serendipite Designs. The ideal open floor plan allows for carefree living or elegant entertaining: the main living area on the first floor includes a living room with fireplace, an open kitchen, dining area and main level guest suite. The gourmet kitchen is complete with quartzite countertops, a full height limestone backsplash, concrete farmhouse sink and professional grade appliances including a gorgeous La Cornue Cornufe 43? dual fuel range in Provence Blue with custom hood. The second level features a luxurious master retreat with balcony and spa-quality bath, two additional bedroom suites plus a bonus entertainment and office area. A spacious third floor California room with sunset view deck and full bath make this home the perfect beach house. A stone patio and two car garage with epoxy finish complete this incredible new construction opportunity by Rincon Homes.