PRICE REDUCED! Beautiful 4 bedroom, 3 Bath single family home with pool/spa, ocean and valley views - on a one quarter-acre lot! Home of famed international designer, this privately situated Mediterranean beauty captures the essence of a secluded Italian villa or "European country farmhouse." Surrounded by nature, the long cypress tree-lined drive leads to a gated courtyard entry with serene fountains. The main living area with multiple french doors opens to outdoor entertaining areas including service bar/beverage center, BBQ and lounging portico. Salt water pool and spa with views! No northerly neighbor - watch morning deer meander down from the adjacent open space. Kitchen with granite counters opens to dining and pool area. Main level bedroom, plus custom expansion featuring your very own home-spa with steam shower, bathroom, and pool dressing area. Upstairs the Master suite with southern coastline views and Juliet balcony has an upgraded bath with soaking tub, walk-in shower and spacious wardrobe with barnyard doors. Two additional guest bedrooms and third bath complete the second level. Other valuable features of home ownership include low HOA fee, low tax base, end of cul de sac location; parking for 6 vehicles - and a RARE/PRIVATE 10,700 SF lot. Convenient short drive to local shopping and dining, and the beach communities of Monarch Beach and Laguna Beach.