* $100K PRICE REDUCTION * Very special home with private park-like setting and panoramic canyon views in the 24 hour guard-gated Pelican Ridge development ** Front row location on a quiet cul-de-sac with no rooftops. Stylish and beautifully remodeled 4 bedroom home with downstairs bedroom and full bath. Private entry and courtyard lead you into this amazing home. The main level welcomes you with Brazilian marble flooring and mosaic inlay at entry and a spacious great room with living room / dining room combo. Gourmet kitchen, open to the family room, is appointed with granite countertops, top-of-the-line Dacor and Fisher & Paykel stainless steel appliances, custom cabinets with glass fronts and walk-in pantry. Wide plank hardwood floors upstairs with 3 bedrooms, including guest bedroom with balcony and a very spacious master bedroom with vaulted ceiling. Upgraded master bath with Travertine and marble, separate shower and bathtub, and large walk-in closet with built-ins. French doors from both family room and living room open to the large and open backyard with breathtaking views providing the perfect backdrop for entertaining family and friends. Walk the private path to a secluded park with panoramic canyon and ocean views. Minutes from Crystal Cove beaches, world famous golf at the Resort at Pelican Hill, shopping at South Coast Plaza and Orange County Airport.