This beautiful former model home is located at one of the most desirable communities – Wallace Ranch, which is centrally located and close to schools, shopping and parks on the beautiful PV Peninsula. With 5 Bedrooms, 5-1/2 baths, an Office/Library with wood panel walls/ceilings and an enormous Bonus Room, this beautiful estate boasts many custom features that will please the most selective buyers. Upon entry is a FOYER with sweeping staircase and soaring ceilings. The spacious LIVING ROOM has two story ceiling. The FORMAL DINING ROOM next to the living room and a large FAMILY ROOM with wet bar open to the covered porch and grassy backyard. The GOURMET KITCHEN has a large center island, commercial grade Wolf range, Sub Zero Refrigerator, wine cooler, double dishwashers and a beautiful breakfast nook. The LUXURY MASTER SUITE has a very spacious sitting area and fireplace, a huge master bath with his and hers facilities and a large walk-in closet. There are additional 3 BEDROOM EN-SUITES on the upper level for Children or Family Members to use and enjoy. Besides, the enormous light-filled bonus room on the upper level can be used as a recreation room, gym, study or play area. On the main level, there is an additional bedroom and an adjacent bathroom that will be perfect as a GUEST OR IN-LAWS QUARTER. PRICED TO SELL. Don’t miss a great opportunity to own this beautiful estate on the beautiful PV Peninsula with great school system for under $400 per square foot.