HUGE PRICE REDUCTION!!! Step back in time with this EXTRAORDINARY 1913 CRAFTSMAN home LOCATED ON THE BLUFF with PHENOMENAL "CROW'S NEST VIEW" which spans the surf, coastline, breakwater, lighthouse and Catalina Island. NO EXPENSE SPARED when this home was IMPECCABLY RESTORED and addition completed in 2008. The modern kitchen includes gorgeous QUARTER SAWN OAK CABINETRY, Sub Zero refrigerator plus additional Sub Zero refrigerator drawers in the massive butcher block covered center island, Miele oven, warmer & microwave. TWO MASTER SUITES - one on the 1st floor, one on the 2nd floor - each with a large Jacuzzi tub. Formal dining room. Original wood burning STONE FIREPLACE in the living room. The third bedroom has a separate entrance and can also be used as an office. Oak hardwood floors in most rooms. The home is pre-wired for data, cable, sound and alarm. ELECTRIC SKYLIGHTS. There is a HUGE BASEMENT WORKSHOP/MAN CAVE with it's own bathroom. Large equipment access possible through the garage floor slab. An ELEVATOR connects the basement, 1st and 2nd floors. The front porch and huge rear patio deck are planked with EXOTIC IPE hardwood for durability and long life. The rear patio and deck "railings" are glass to maximize the view. The concrete slab under the rear deck has been prepped with a pit for a drop in spa. This EXQUISITE HOME blends the classic Craftsman design and character with upgrades of modern conveniences and unmatched quality.