A storied family home, located on an expansive 50 wide bay front lot on Newport Harbors Promontory Bay. Lived in and loved by a legendary yachtsman and accomplished competitive sailor who explored the world and embraced every opportunity to be on the water, this harbor front home with a decidedly Mid-Century vibe is ready to be re-envisioned by its new owner. Offering four bedrooms and four baths, in approximately 3800 square feet of light-filled living space, the home is punctuated by dramatic 20 ceilings and walls of glass framing scenic harbor views. Living, dining, and den areas all front the sweeping bay side patio and are accented by a sensational two-story, pass through fireplace and a nautically influenced retro bar. A generously scaled eat-in kitchen boasts water views and is open to the principle living areas. With four bedroom suites one of which is on the main living level there is abundant room for family and friends. Upstairs, the water view primary suite features vaulted beamed ceilings, a cozy brick fireplace, dual vanity, soaking tub with separate walk-in shower, and two dressing areas. Two additional en-suite bedrooms and an open den/office with water views complete the home's second level. This is a wonderful remodel opportunity allowing you to relax and enjoy life on the harbor. Dine al fresco on the oversized bay front terrace and then stroll down to your own private dock with two additional side-ties. Located near the end of a quiet cul-de-sac Promontory Bay affords easy access to nearby shops, restaurants, charming Balboa Island and the iconic Galley Caf.