Ideally situated on a large R-2 parcel, this sprawling single-level home offers a well-executed blend of functionality and taste with a spacious natural light-filled great room and resort style rear outdoor entertaining area. Offering five bedrooms, one is immediately drawn to the sense of space that comes with the great room and recently redesigned kitchen that brings a commercial grade Viking range and hood, large granite island and banquet ideal for everyday eating, custom shaker cabinetry, and an inviting fireplace with a raised hearth. The master suite is spacious and includes a spa-like master bathroom with a jetted tub and outdoor access. Other notable upgrades include dual-paned windows through the majority of the home, custom window coverings as well as plantation shutters, wood flooring, an elevated front porch, recessed and pendent lighting, newer carpet, baseboards and crown molding, as well as direct access from a two-car garage. The rear outdoor entertaining area affords a large pool with a Baja step, raised spa and waterfall, an exterior kitchen area complete with grill and seating ideal for dining al fresco, and a good amount of play area complete with artificial turf. Just a short distance from award winning schools, all of the conveniences of 17th Street, the Upper Newport Bay Nature Preserve, world class restaurants, shopping at Fashion Island and South Coast Plaza, and the famed beaches of the Newport Peninsula, this is a true rare opportunity.