Don't buy another house until you see this one. Nestled behind iron gates on an unmatched oversized lot, the timeless Old World elegance of this estate is evident from the moment you walk in. The main floor features a handsome wood paneled library with wet bar, huge great room with distressed walnut floors, imported antique fireplace, and impressive ocean views that are shared with the adjoining formal living room. There is also an elevator that services all three floors of this grand estate. The entertainment level lends endless opportunities for you and your guests featuring a voluminous theater complete with a 12'screen, an immense game room, bar with adjacent outdoor courtyard, and a fully mirrored gym. The upper level is home to 3 large bedroom suites complete with walk in closets, full baths, the glorious Master Suite with his and hers bathrooms and closets, heated floors, and over 1000 sq ft of decks with commanding views of Newport Harbor, Catalina, mountain and city lights all the way to Palos Verde and beyond.