Welcome to a one-of-a-kind in WaterColor. This beach estate is custom furnished by award-winning Lovelace Interiors in a rustic modern style with a coastal flair featuring clean lines and finishes of grays, creams and ice blues that play with and reflect light. Uniquely positioned on a corner lot adjacent to Western Lake and the Gulf of Mexico, this property adjoins Grayton Beach State Park's rare coastal dune lakes and its pine forests. With three levels of luxury living, this stunning residence radiates elegance and grandeur. Custom built by James A. Rice and designed by Thurber Architects, this home is as unique as its surroundings. It offers five bedrooms, including a double bunk room, four full baths plus 2 half baths and is constructed with only the finest materials. Custom reclaimed pecky cypress was selected for the kitchen cabinets and hood, interior doors, curved entry walls and beamed ceilings. Features include an elevator, chef's gourmet kitchen equipped with Thermador appliances, 56-bottle wine cooler, shiplap plank walls, five-inch white oak plank floors, cedar plank exterior, imported tile, Carrara marble countertops throughout the bathrooms and kitchen, three wet bars, ice machine, two gas fireplaces, security system, Sonos, two-car garage with 12-ft. ceilings in case one might need a car elevated and lighted landscaping. The first floor will impress immediately with 12-ft. pecky cypress ceilings and reclaimed pecky cypress walls that adorn the entryway leading to the stairway and elevator. This floor hosts one master suite, a second bedroom and a bunk room equipped with four bunks, each hosting its own private TV, an oversized laundry room with a front loading washer and dryer and a separate 'mud room' shower off the two-car garage. Ascend the stairway to the second-floor grand living area, which offers a seamlessly flowing floor plan connecting indoor and outdoor living spaces. This area has a wet bar, ice maker and a chef's gourmet kitchen, a true entertainer's delight. Your eye can't help but catch the distinctive tabby scallop shell stucco gas fireplace and cypress mantle. The expansive covered lanai overlooks Western Lake and the gulf is close by. The chef's gourmet kitchen features cypress kitchen cabinets. The dining area adjoins the kitchen offering a buffet serving wet bar. The third floor offers two master suites. The first master has a gas fireplace, oversized walk-in closet, a private covered lanai with an outdoor shower offering the ultimate privacy and a tranquil luxurious master bath that overlooks the coastal dune lake and gulf. The third floor offers a second master suite with custom designed walk-in closet. The third floor has a generous wet bar area to help you enjoy morning coffee or an evening cocktail. This estate offers a modern, sophisticated flair through the use of light fabrics, modern furnishings, reflective finishes and well-placed unique accent lighting that is complemented by the occasional organic or sculptural wood piece, the sparkle of glass and chrome and silver leaf accent pieces. Shimmering, plush area rugs provide a light, inviting anchor for each furniture arrangement, and also provide a dramatic contrast from the pine floors. With impeccable design and exquisite finishes, no expense was spared to create this one-of-a-kind residence. The builder created this home to satisfy the most discriminating buyer.