U.S. SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                           FORM 10-QSB

      [  X ]     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

     For the quarterly period ended March 31, 2001

      [   ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

     For the transition period from     to

                Commission File Number 000-32349

                   SHORESIDE INVESTMENTS, INC.
     (Exact name of small business issuer as specified in its
                            charter)

             Utah                           87-053546
(State or other jurisdiction of  (IRS Employer Identification No.)
 incorporation or organization)

     3191 S. Valley Street,  #201, Salt Lake City, UT  84109

                          888-379-8693
                   (Issuer's telephone number)

                         Not Applicable
(Former name, address and fiscal year, if changed since last report)

Check  whether the issuer (1) has filed all reports required  to
be  filed by Section 13 or 15(d) of the Exchange Act during  the
preceding 12 months (or for such shorter period that the  issuer
was required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days. Yes [ X] No [  ]

APPLICABLE  ONLY  TO ISSUERS INVOLVED IN BANKRUPTCY  PROCEEDINGS
DURING THE PRECEDING FIVE YEARS:

Check whether the registrant has filed all documents and reports
required  to  be  filed by Sections 12,  13,  or  15(d)  of  the
Exchange Act subsequent to the distribution of securities  under
a plan confirmed by a court. Yes [  ]  No  [  ]

APPLICABLE ONLY TO CORPORATE ISSUERS:

State  the number of shares outstanding of each of the  issuer's
classes of common equity, as of March 31, 2001: 1,250,000 shares
of common stock.


Transitional Small Business Format:  Yes [   ]  No [ X ]

<PAGE>

                           FORM 10-QSB
                   SHORESIDE INVESTMENTS, INC.

                              INDEX
                                                       Page
PART I.   Financial Information

          Item I.  Financial Statements (unaudited)       3

          Condensed Balance Sheets - March 31, 2001       4
          (unaudited) and December 31, 2000

          Condensed    Statements   of   Operations       5
          (unaudited)  for the Three  Months  Ended
          March  31,  2001 and 2000, and Cumulative
          During the Development Stage
                                                          6
          Statements of Cash Flows (unaudited)  for
          the Three Months Ended March 31, 2001 and
          2000,    and   Cumulative   During    the
          Development Stage                               7

          Notes to Consolidated  Financial Statements     8

          Item  2.   Management's  Discussion   and
          Analysis of Financial Condition

PART II.  Other Information

          Item 6.  Exhibits and Reports on Form 8-K      10

          Signatures                                     10

(Inapplicable items have been omitted)

                                2
<PAGE>
                             PART I.
                      Financial Information

Item 1.  Financial Statements (unaudited)

In   the   opinion  of  management,  the  accompanying  unaudited
financial  statements included in this Form  10-QSB  reflect  all
adjustments  (consisting  only  of  normal  recurring   accruals)
necessary  for  a fair presentation of the results of  operations
for  the  periods presented.  The results of operations  for  the
periods  presented are not necessarily indicative of the  results
to be expected for the full year.

                                3
<PAGE>


                 SHORESIDE INVESTMENTS, INC.
                (A Development Stage Company)

                       BALANCE SHEETS

                           ASSETS
                                       March 31,    December
                                                      31,
                                              2001        2000
                                         (Unaudited)
CURRENT ASSETS:
     Cash                                 $  3,137    $  7,063
     Prepaid expenses
                                               824         334
             Total Current Assets            3,961       7,397

PROPERTY
     Building lot                           76,700      76,700
     Condominium, less depreciation
of $3,884 and $2,589                       174,116     175,411
            Total Property
                                           250,816     252,111
TOTAL ASSETS                             $ 254,777   $ 259,508

            LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
     Accounts payable                    $    698    $    497
     Franchise taxes payable                  100         100
     Advances from stockholders             7,205       7,205
     Other accrued liabilities              5,401       5,279
     Notes payable - current portion       51,723      51,790
             Total Current Liabilities     65,127      64,871

NONCURRENT LIABILITIES
  Notes payable - less current portion    118,604     119,008

STOCKHOLDERS' EQUITY (DEFICIT):
Common stock, $.001 par value; 10,000,000
  shares authorized; 1,250,000, and
  1,250,000 shares issued and outstanding
  respectively                              1,250       1,250
     Additional paid-in capital           100,704     100,704
     Deficit accumulated during the
      development stage                   (30,908)    (26,325)

  Total Stockholders' Equity (Deficit)     71,046      75,629

TOTAL LIABILITIES AND STOCKHOLDERS'     $ 254,777   $ 259,508
EQUITY

 The accompanying notes are an integral part of these financial
                           statements.

                                4
<PAGE>


                SHORESIDE INVESTMENTS, INC.
               (A Development Stage Company)

                  STATEMENTS OF OPERATIONS
                        (Unaudited)

                                      For The      For The
                                   Three Months Three Months  Cumulative
                                      Ended        Ended      During The
                                     March 31,    March 31,  Development
                                       2001        2000         Stage

REVENUE
     Rent income                     $   5,223   $       -  $   5,233

EXPENSES:
     General and administrative          3,124         613     14,817
     Depreciation expense                1,295           -      3,884
     Property expenses                   1,494           -      6,335
     Property interest                   3,903           -     10,311
     Franchise tax  expense                  -           -        794

          Total Expenses                 9,816         613     36,141

NET (LOSS) BEFORE TAXES                 (4,583)       (613)   (30,908)

     Provision for income taxes              -           -          -

NET (LOSS)                           $  (4,583)  $    (613) $ (30,908)

EARNINGS (LOSS) PER SHARE            $   (0.00)  $   (0.00) $   (0.03)

WEIGHTED AVERAGE SHARES OUTSTANDING  1,250,000   1,000,000    974,305


 The accompanying notes are an integral part of these financial
                           statements

                                5
<PAGE>
                                .

                 SHORESIDE INVESTMENTS, INC.
                (A Development Stage Company)

                  STATEMENTS OF CASH FLOWS
                         (Unaudited)
<TABLE>
<CAPTION>
                                                   For The     For The
                                               Three Months  Three Months  Cumulative
                                                    Ended       Ended      During The
                                                   March 31,   March 31,   Development
                                                     2001        2000        Stage
<S>                                                <C>        <C>        <C>
CASH FLOWS FROM OPERATING  ACTIVITIES:
 Net loss                                          $ (4,583)  $  (613)  $ (30,908)
 Adjustments to reconcile net loss to
 net cash used in operating activities:
  Depreciation                                        1,295         -       3,884
  Changes in assets and liabilities
  Prepaid expenses                                     (490)        -        (824)
  Accounts payable                                      201      (376)        698
  Franchise tax payable                                   -      (100)        100
  Other accrued liabilities                             122         -       5,401
  Net cash used in operating activities              (3,455)    1,089)    (21,649)

CASH FLOWS FROM INVESTING ACTIVITIES:                     -         -           -

CASH FLOWS FROM FINANCING ACTIVITIES:
     Sale of common stock                                 -         -       3,900
     Officer or stockholder's payments (advances)         -     3,530       7,205
     Notes payments                                    (471)        -      (6,793)
     Capital contributed by stockholder                   -         -      20,474
      Net cash provided by financing activities        (471)    3,530      24,786

NET INCREASE (DECREASE) IN CASH                      (3,926)    2,441       3,137

CASH AT BEGINNING PERIOD                              7,063     1,219           -

CASH AT END OF PERIOD                             $   3,137   $ 3,660   $   3,137

SUPPLEMENTAL CASH FLOW INFORMATION:
     Interest expense                             $   3,903   $     -   $  10,311

     Income taxes                                 $       -   $     -   $       -

SUPPLEMENTAL NONCASH TRANSACTIONS
     Common stock issued to acquire property -
          net of property taxes                   $       -   $     -   $ 250,480

     Assumption of debt associated with the
          property acquisition                    $       -   $     -   $ 172,900
</TABLE>
 The accompanying notes are an integral part of these financial
                           statements.

                                6
<PAGE>
                   SHORESIDE INVESTMENTS, INC.
                  (A Development Stage Company)

             NOTES TO UNAUDITED FINANCIAL STATEMENTS


NOTE 1  -  CONDENSED FINANCIAL STATEMENTS

     The accompanying financial statements have been prepared  by
     the  Company  without audit.  In the opinion of  management,
     all   adjustments  (which  include  only  normal   recurring
     adjustments)  necessary  to  present  fairly  the  financial
     position,  results of operation and cash flows at March  31,
     2001 and for all periods presented have been made.

     Certain   information  and  footnote  disclosures   normally
     included in financial statements prepared in accordance with
     generally accepted accounting principles have been condensed
     or  omitted.  It is suggested that these condensed financial
     statements  be  read  in  conjunction  with  the   financial
     statements  and  notes  thereto included  in  the  Company's
     December 31, 2000 audited financial statements.  The results
     of  operations for the periods ended March 31, 2001 and 2000
     are  not necessarily indicative of the operating results for
     the full year.

NOTE 2  -  FILING WITH THE SECURITIES AND EXCHANGE COMMISSION

     On February 16, 2001, the Company received a letter from the
     Securities  and  Exchange Commission notifying  the  Company
     that   its  Registration  Statement  on  Form  10-SB   would
     automatically go effective 60 days after filing.   The  Form
     10-SB was filed February 13, 2001.

NOTE 3  -  SUBSEQUENT EVENT

     On June 18, 2001, an officer and stockholder contributed
     $2,000 to the Company as additional paid-in capital to be
     used as operating capital

                                7
<PAGE>

        Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
             FINANCIAL CONDITION OR PLAN OF OPERATION

Forward-Looking Statement Notice

When  used  in  this  report, the words "may," "will,"  "expect,"
"anticipate,"  "continue," "estimate," "project,"  "intend,"  and
similar  expressions  are  intended to  identify  forward-looking
statements  within the meaning of Section 27a of  the  Securities
Act  of  1933 and Section 21e of the Securities Exchange  Act  of
1934 regarding events, conditions, and financial trends that  may
affect   the  Company's  future  plans  of  operations,  business
strategy,  operating  results, and financial  position.   Persons
reviewing  this  report  are cautioned that  any  forward-looking
statements  are  not  guarantees of future  performance  and  are
subject  to  risks and uncertainties and that actual results  may
differ  materially from those included within the forward-looking
statements  as  a  result of various factors.  Such  factors  are
discussed  under  the  "Item  6.   Management's  Discussion   and
Analysis of Financial Condition or Plan of Operations," and  also
include general economic factors and conditions that may directly
or indirectly impact the Company's financial condition or results
of operations.

The Company

Shoreside  Investments,  Inc.  (the "Company")  was  incorporated
under  the laws of Utah on February 9, 1995 as Sun Seekers  Corp.
to  build  and  operate  tanning salons.   The  Company  was  not
successful  in  the  venture and then explored  the  prospect  of
entering  the investor relations/marketing business.  Again,  the
Company  was  not  successful in the venture  and  abandoned  the
business  and became dormant.  In October 1999, the  Company  was
reactivated by the remaining director and the Company is pursuing
real estate development.

In  June 2000, the Company acquired two parcels of real property.
Shoreside acquired an equity interest in a high class condominium
unit  in  Park  City,  Utah, an area featuring  three  major  ski
resorts  and year-round mountain recreational activities.   There
is  an  active rental market for condominium units in Park  City,
particularly  during the ski season from November through  April.
Shoreside  has engaged High Mountain Properties, Park City,  Utah
as its agent to rent this property on a nightly basis.

The Company also acquired an equity interest in a building lot in
Draper,  Utah,  a  suburb  located  approximately  twenty   miles
southeast  of the center of Salt Lake City.  This lot is  located
in  a  developed area featuring residential units ranging between
$600,000  and $2 million in value.  Shoreside intends  to  either
(1)  sell  the  lot  outright if that can be  accomplished  at  a
substantial  profit or (2) obtain mortgage financing  to  install
improvements and build a substantial single family  home  on  the
lot  either  on a custom basis or as a speculative  project.   As
yet, no specific plan for this property has been determined.

Shoreside's business plan includes the possible purchase of other
real  estate  interests,  including single  and  multiple  family
residences,  townhouses  and condominiums  and  small  commercial
developments  in the nature of office complexes and strip  malls.
The   Company   may   also  purchase  undeveloped   acreage   for
development.

                                8
<PAGE>

Results of Operations

Three Month periods Ended March 31, 2001 and 2000

The Company had revenue from continuing operations for the three-
month periods ended March 31, 2001 of $5,233 compared to -0-  for
the same period for 2000.

General  and administrative expenses for the three month  periods
ended  March  31,  2001 and 2000  consisted of general  corporate
administration, legal and professional expenses,  and  accounting
and  auditing costs.  These expenses were $3,124 and $613 for the
three-month  periods ended March 31, 2001 and 2000, respectively.
During  the  quarter ended March 31, 2001, the  Company  incurred
depreciation  expense in the amount of $1,295, property  expenses
in  the  amount of $1,494 and property interest in the amount  of
$3,903.   Because  the Company acquired property  in  June  2000,
there are no comparable expenses for the same period ended 2000.

As  a result of the foregoing factors, the Company realized a net
loss  of  $4,583 for the three months ended March  31,  2001,  as
compared to a net loss of $613 for the same period in 2000.

Liquidity and Capital Resources

At March 31, 2001, the Company had cash on hand of $3,137 and
prepaid expenses of $824 for total current assets of $3,961.  As
of December 31, 2000, the Company had $7,063 cash on hand and
$334 in prepaid expenses for total current assets of $7,397.

Property assets for the three months ended March 31, 2001 was
$76,700 for the building lot and $174,116 for the condominium
compared to $76,700 for the building lot and $175,411 for the
condominium as of December 31, 2000.

Total assets for the period ended March 31, 2001 was $254,777
compared to $259,508 as of December 31, 2000.
As of March 31, 2001, the Company had total current liabilities
of $65,127 consisting of $698 in accounts payable, $100 in
franchise taxes payable, $7,205 in advances from stockholders,
$5,401 in other accrued liabilities and $51,723 in notes payable
- current portion.  At December 31, 2000, the total current
liabilities was $64,871.  Noncurrent liabilities at March 31,
2001 was $118,604 in notes payable - less current portion
compared to $119,008 at December 31, 2000.

Total stockholders' equity as of March 31, 2001 was $71,046
compared to $75,629 at December 31, 2000.

Management believes that the Company has sufficient cash and
revenue to meet the anticipated needs of the Company's operations
through at least the next 12 months.  However, at times, the
Company has not generated sufficient revenue to pay the loan on
the condominium and has accepted advances from shareholders to
cover the loan payments.  The Company will continue to accept
advances as necessary.

                                9
<PAGE>

Shoreside will not require any expenditures for research or
development in the foreseeable future.  The Company does not
contemplate hiring employees or purchasing plant facilities or
significant equipment during the next year.  No such expenditures
will be incurred unless the costs can be covered by existing
revenues or the sale of real estate.

                         PART II.  OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K.

Reports on Form 8-K:  No reports on Form 8-K were filed by the
Company during the quarter ended March 31, 2001.

Exhibits: None

                         SIGNATURES

In accordance with the Exchange Act, the registrant caused this
report to be signed on its behalf by the undersigned thereunto
duly authorized.

                              SHORESIDE INVESTMENTS, INC.


Date: July 10, 2001           By:/s/ Harvey Carmichael
                              Harvey Carmichael
                              President, Secretary and Treasurer

                               10
<PAGE>