Newport Island bayfront with private boat dock. One of the very best locations on the island. Street end/corner location looking at open cove in Balboa Coves. The house is older but could be updated. Or tear it down and build a new beautiful custom home. Location! Location! Location! It really doesn't get any better than this. Newport Island represents outstanding value and lifestyle. It is the most affordable island in the bay and is just four blocks from some of Newport's best surfing spots. Also conveniently located near shopping and dining spots. Newport Island is called the Friendly Island.