When it comes to living on the Balboa Peninsula in Newport Beach, it doesn't get any better than having a place at the Point where you're literally one block from the beach and one block to the bay.  But when you think of the beach, don't think of any normal crowded beach and all that goes with it. This is a very special stretch of beach only enjoyed by a select few, and once experienced there's no mistaking it's distinctions and nuances.  The Balboa Peninsula Point offers the kind of care-free-by-the-beach atmosphere that has attracted aspiring and accomplished people from all over the world.  A tranquil, residential neighborhood located at the entrance to the California Riviera.