PRICE REDUCTION!!! Priced below market value for exceptional value. Welcome to an exceptionally rare and elegantly custom designed home, privately tucked away at the end of a serene cul-de-sac with gentle ocean breezes in the distance. Built in 2008, this SINGLE-Story residence offers 5,650 square feet of living space, situated on a distinctive 26,000 square foot lot, with an estimated usable area of about 16,000 square feet. This Tuscan inspired Mediterranean estate combines timeless sophistication with peaceful seclusion in the prestigious Monarch Bay Terrace neighborhood. The home features its own private gate, with lush tropical landscaping on both sides of the entrance, with a long private driveway leading to a three car garage and tranquil entry courtyard. Step inside to discover soaring 12 ft ceilings that enhance the open and luxurious layout. This exquisite home features 5 bedrooms and 6.5 bathrooms, each room with its own an en-suite bath, there is also a bath for the pool and a half bath for guests. Additional highlights include a library, a luxurious wainscoted theater, and a walk in wine cellar. The spacious primary suite boasts dual walk in closets and lavish soaking tub with separate shower, and two private toilet rooms one on each side. The gourmet kitchen is equipped with top of the line appliances, an oversized built in side by side refrigerator, custom cabinetry, and a large walk in pantry. The expansive great room offers two dining areas, wet bar, walk in wine cellar room and dual oversized double glass doors opening to the backyard. Throughout the home,