Price reduced $204,000 on this spectacular brand new custom balboa island home with elevator to all three levels. Situated close to the village, shops, dining, beaches, morning coffee & more, this meticulously designed home merges some of the finest finishes with the classic relaxing feel of life at the beach. Offering 3 bedrooms, 3.5 baths, elevator, & more than 1,400 square feet of luxurious outdoor space, this home is one of a kind. The first floor has an elevated front patio and a great room comprised of living room, dining area, and a stunning gourmet kitchen with island, marble counter tops, interior courtyard with accordion sliding doors, and more. The second level includes a spa-like master retreat with paneled walls and ceilings, large balcony, fireplace, walk-in closet and a 5-star master bath. The balance of the second floor includes two guest bedrooms (one en-suite) laundry, and a den/office area. Escape to the phenomenal third floor with three deck areas: the main deck area includes a large covered sitting area, bar, refrigerator, speakers and more; the open-air front deck offers seating area, fireplace, and views of the bay; finally, the secluded rear deck offers an expansive seating area and scenic views of fashion island. This home is unique, turnkey, and ready to go!