Gracing a premier location just a short walk from the bay and ocean, 501 L Street offers a wonderful unique opportunity to rent a home in the exclusive Balboa Peninsula Point community. Casual seaside living can be found on all three levels boasting high vaulted ceilings and inviting, sunlit rooms. This 4 bedroom, 5.5 bathroom home spans over 3,200 sqft, offering quality craftsmanship and attention to detail curated by Serendipite Design. The floor plan allows for carefree living or elegant entertaining on each level. The main living area on the first floor includes a living room with fireplace, an open chef's kitchen, a stunning island, spacious dining area, laundry/storage room, and a mud room. A media room, full bathroom, and spacious deck can be found on the third floor - the perfect place to take in the ocean breeze while enjoying the city lights and expansive views. This corner lot location allows for beautiful bright light to shine into most windows of the house. Capturing the simplicity of beach living combined with elegant entertaining - 501 L Street is a one of kind lease opportunity.