Welcome to 122.5 Opal Avenue, a charming upper-level residence ideally located in one of Balboa Island's most coveted spots-just moments from the waterfront. This 2-bedroom, 1-bath home captures the essence of classic island living, blending timeless character with thoughtful updates. Inside, you'll find original 12-inch knotty pine paneling, painted white to brighten the space, along with beautiful wood-beamed ceilings that add warmth and architectural charm. The vintage-inspired bathroom features classic white tile with blue accents and offers generous space and functionality. The remodeled kitchen is both stylish and practical, showcasing updated maple cabinetry and modern appliances while maintaining the home's coastal cottage feel. The inviting living area centers around a cozy faux fireplace and flows effortlessly out to a spacious, treehouse-style deck nestled among a mature Magnolia tree-creating a private, serene setting perfect for relaxing or entertaining. While there is no garage, the property includes a large shared parking area and is set back from the street, offering added privacy. Just a short stroll to the bay, local shops, restaurants, and the ferry, this home delivers the best of Balboa Island living in a truly special setting.