Huge price reduction!! Tastefully renovated in 2007,it has 3,744 square feet of interior space on a lovely landscaped and a fully usable 15545 sq. ft.- 0.36 acre lot. Enter into the foyer with high ceilings and an open floor plan:including 5 bedrooms, two formal living rooms, and 5 bathrooms. The spacious formal dining area and the first living room is divided by a see-through fireplace and both have high ceilings. The other living room has sliders to the balcony that boasts ocean/Santa Monica bay/ mountain views. There is a pair of French doors that lead to an office-the 5th bedroom,which is adjacent to the gourmet-kitchen/nook area for easy access. The Kitchen has top of the line appliances and overlooks the park-like backyard. The master suite is very spacious and the master bath has a self cleaning Jacuzzi tub.There are 2 more bedrooms on the same wing and they both have lovely balconies. A few steps down you will find: a spacious family room with a fireplace, a guest bedroom with its own bath which has a fantastic steam shower, and a huge storage room- please do not miss it! The tranquil backyard features a waterfall/ bridge/lily pond set up and offers a huge grass area that is peaceful and private. The extra long flat drive way and over sized garage make it ideal to park many cars. It is right in the center of the prestigious neighborhood of upper Lunada Bay, truly a fantastic value and a great opportunity to make it your home!