NEW PRICE - dropped $275K! Craftsman architecture & contemporary design combined in desirable, lower Three Arch Bay. Walk through the custom, art glass, front door and immediately notice the open living concept floor plan and designer finishes. Living area with cozy fireplace, reclaimed hickory hardwood flooring throughout and Lutron lighting system. Dining area and custom built-ins and secondary living/family room space at the opposite end of the main floor for added comfort. Double window doors open onto the spacious and private backyard with lush landscaping, custom slate hardscape patio, beautiful private saltwater pool & spa with waterfall feature - ideal for entertaining or relaxing. State of the art kitchen with 8 burner Wolf gas range, Subzero Scotsman icemaker, 2 Bosch dishwashers, custom Italian cabinetry, custom limestone & stainless counters and concrete flooring. Cozy sitting/dining nook and additional bar seating. Three bedrooms on the lower level, Two of them share a Jack & Jill bathroom and Third bedroom with en-suite bath. Master Suite with wood floors, private ocean viewing balcony. Gorgeous Master bath with abalone tile back splash, heated tumbled marble tile floors, steam shower and Bain ultra jet spa style free standing tub. Friendly neighborhood amenities include a beautiful private beach, clubhouse, park, tennis, 4th of July fireworks and other community socials. There are many special features of this home - you don't want to miss this one!