Live the luxury lifestyle nestled within the guard gated community of Fairbanks Ranch, one of Rancho Santa Fe's most beautiful, peaceful, private and picturesque communities. Ideally situated, this custom residence has been recently updated, using timeless design elements and materials. This gracious home exudes casual elegance and provides the ultimate venue for indoor/outdoor living and entertaining. The approximately 5,000 square foot residence encompasses five well-appointed bedrooms and five baths. [Supplement]: The approximately 5,000 square foot residence encompasses five well-appointed bedrooms, stylish powder room, custom designed climate controlled walk-in wine cellar, formal living room with vaulted wood ceiling and stone fireplace, formal dining room with crystal chandelier. The family room with fireplace and service bar opens to the kitchen. Designed for a chef with dining area and seating bar and is finished with the finest quality top-of-the line appliances, slabs of granite and custom cabinetry. The sublime master suite, located on the second level is very private and includes a sitting area wipth fireplace, French doors leading to the veranda....perfect for morning coffee, afternoon sun or a night cap, Zen-like spa bath and oversized dressing room with built-ins. Most public rooms have French doors leading to the private backyard with vanishing edge pool, spa, summer kitchen, fire pit and stairs leading to the lower yard with a seasonal stream, and plenty of room for a recreational game of soccer or badminton. The property sits on 1.12 acres. Garaging for 3 cars.