Significant Price Improvement by $175,000!!Custom Mediterranean estate with sparkling ocean view backdrop! Nestled within the guard gated neighborhood of Ocean Ranch, this 4,361 sqft residence features 5 spacious bedrooms + library, 3.5 baths, 3 car garage & direct panoramic ocean views from both levels. Elegant balconies & architecture surrounded by palms, succulents & ocean breezes. Soaring ceilings of the open living & dining rooms are accentuated by the dramatic circular wrought iron staircase. Gourmet kitchen is complete with granite counter tops, center island, custom cabinetry, high-end appliances & sunny breakfast nook overlooking the over-sized family room. Downstairs en-suite bedroom with private patio entrance and full wet bar. Master retreat features vaulted ceilings, romantic fireplace & picturesque ocean, Catalina & sunset views. Ultimate relaxation awaits in the Master bath featuring Jacuzzi tub & exquisite marble detail. A library/office with built-ins & 3 spacious bedrooms complete the top floor accommodations. Bask or entertain in the warm California sun from the pool-sized backyard featuring unsurpassing views & a remarkable house to lot ratio. Gorgeous crown molding, limestone & rich maple hardwood flooring throughout. Wonderfully situated within a cul-de-sac on a single loaded street. Resort caliber community amenities include a shimmering pool/spa, basketball court, playground & year-round events.