Welcome to one of the best located properties in all of Dover Shores1232 Blue Gum is a rare offering on a private cul de sac, perfectly positioned across from the scenic Castaways Loop and just steps from the newly opened Nicks and neighborhood favorite Juliette's Cafe'. Live in the heart of it allwalk to 17th Streets vibrant mix of shops, dining, groceries, fitness, and essentials like CVS, all just blocks from your front door. This versatile five bedroom, six bathroom home spans over 6000 square feet and offers rare flexibility: section off a portion of the home as an income producing ADU and still enjoy a spacious four bedroom main residence. With potential to generate $5,000+ per month in rental income, this is a smart move for investors, multi gen living, or those seeking added privacy for guests, in laws, or college students. Enjoy direct access to the Back Bay and Newport Beach Aquatic Centerpaddleboarding, kayaking, and coastal living await right outside your back door. Youre walking distance to Castaways Park, Mariners Park, Mariners Elementary School, Ensign Intermediate, and Newport Harbor High School. Hop on your bike and be at the beach in minutes. This is more than a homeits a lifestyle property in one of Newport Beachs most coveted neighborhoods. Opportunities like this dont come around often. Call today for a private showing.