$145,000 price reduction. Spinnaker Bay Beauty! Nestled in the Regatta section of Spinnaker Bay, this stunning classically designed Mediterranean Villa has one of the largest lots and one of the few private backyards in the development. The downstairs den/living room has a cozy fireplace, and can easily be converted to a 4th bedroom. This special home has it all: a garden reception entry courtyard, solid custom front door entrance to the foyer, custom faux paint job, and a beautiful backyard garden with fountains. Formal dining room and a gourmet kitchen with a 6-burner Viking range, island and eating counter. Sun-filled fireside family room extends into the breakfast rotunda and spacious kitchen - all with views of the beautifully landscaped and spacious private back yard. The second floor hosts the additional three bedrooms, three baths and laundry room. The Master suite showcases a wonderful sitting area/office, sun-filled rotunda lounge and a luxurious Master Spa bathroom with soaking tub, double vanity, glass brick shower and a cedar walk-in closet. Long driveway for parking additional two cars. A boat dock might be available for purchase separately. Minutes away from parks, waterfront and golf courses. Please watch the virtual tour for additional information. Listed by Moe Shahbani, Coldwell Banker Coast Alliance.