SOLD OFF-MARKET BEFORE PROCESSING IN THE MLS. Sensational 4-bedroom, 4-bath waterfront home on Little Balboa Island’s beautiful Grand Canal. Remodeled in 2017, the first-floor great room looks out to the Canal and the home's pier through two sets of glass doors and a Dutch-entry door. The great room encompasses a large living area with fireplace, separate dining area, and kitchen with eating bar. Perfect for guests or those wanting to avoid stairs, the home comes equipped with a highly desirable 1st-floor en suite bedroom. The 2nd level provides a spacious master suite with its own small deck, 2 guest bedrooms and baths, and a cozy bonus room. Looking to glorious Bay and sunset views, the 3rd level showcases a large roof deck with BBQ, sink, refrigerator, complete with romantic string lights. Additionally, there is a garage and carport plus central AC. The home has been a successful licensed vacation rental leasing at $5,800 per week in peak season. Little Balboa Island provides wide streets, underground utilities, and no flood insurance requirement. Enjoy Island life at 320 Grand Canal as a full-time home in paradise, or use part-time and let rentals help pay your taxes and mortgage!