***Huge Price Reduction *** Presenting a truly exceptional custom home in the exclusive gated community of Phillips Cove. Attention to detail and the highest quality finishes are evident throughout this beautiful home. As you enter the double doors to the spacious foyer, you are greeted by the expansive grand living room which lends itself to great family living and entertaining as it is flanked by a spacious family room, den, kitchen & breakfast nook. You also have a home office with custom cabinetry & formal dining room featuring a stunning Italian inspired hand painted ceiling. Another custom, hand painted feature is found in the "wine cellar". The kitchen features a center island, double ovens, Miele appliances & Viking gas cooktop, pot filler & breakfast bar. The kitchen & breakfast nook, grand living room and family room all open out to the expansive patio through french doors. This out door space is true additional living space featuring a gas fireplace & built in DCS Grill. A full bath, laundry room & large storage room completes the ground floor. The rich Brazilian Mahogany wood staircase leads you to the open loft, 3 very spacious bedrooms, one of which has its own en-suite bathroom & private balcony, the second accesses the expansive balcony to the rear which affords beautiful views of the lake & the Orlando Eye in the distance. The master suite with custom bathroom featuring unique marble bowl sinks also has 2 walk in closets and French Doors to the balcony with those lake views & the wheel (previously known as the Orlando Eye), which looks amazing at night!