Best value in North Ranch! Welcome to the exclusive gated enclave of Island Forest, nestled in the scenic area of NR Golf Course. Private gated street, featuring 13 custom homes on spacious lots. Magnificent Montecito-Spanish estate on 1.6 acres, surrounded by stately oak trees. Dramatic foyer with spiral staircase & custom French doors leading to a park-like rear yard. Elegant living room with FP and a private veranda. Dining room w/ FP and floor-to-ceiling windows facing the golf course. Downstairs master suite with volume ceilings, FP, charming sitting room/library/office. Elegant master bath with endless counters, dramatic shower and soaking tub, dual closets. Welcoming family room, w/ FP and large gentlemen's bar, which opens to a solarium w/ striking French doors and windows.Large gourmet kitchen with center island, granite counters, top of the line appliances, & charming breakfast room. Dramatic, spiral staircase near the dining room takes you down to an incredible wine cellar for additional entertaining. This unique, circular room has floor-to-ceiling wine racks to store thousands of bottles. Just add high tables to create your own tasting room! At the home's entry, a grand staircase leads to 3 ensuite, spacious secondary bedrooms and baths. Oversized office with gorgeous golf course views and built-in cabinets. Craft room completes the upstairs. Meander through the beautiful rear grounds with numerous sitting areas to take in mountain views. Wrap-around Trex decking, BBQ area, & sport court.