This is the home you've been waiting for! A spectacular and spacious East Manhattan Beach home located within the coveted Pennekamp Elementary School boundaries, situated on a rare 7500 sq ft(BTV) lot, with the ultimate backyard for outdoor entertaining. Grand features abound in this home with stunning architectural features, including extra high ceilings, a sweeping staircase, and open walkways, creating a timeless and truly functional design. To enter the home, you will walk through an enclosed, gated courtyard, and once inside you are greeted by a bright, airy foyer. The walkways and living areas encompass a timeless look of rich mahogany wood and travertine tile floors. There is a ground-floor en suite bedroom with direct access to the courtyard. Perfect for a guest suite or a home office. As you proceed onward you will pass the formal living room and the family room, both sharing a see-through fireplace. The large entertainer's kitchen has a huge center island which opens back up towards the family room and also features direct access into the formal dining room. There is also a wet bar area and a sunny breakfast nook looking out towards the expansive backyard. Upstairs you will find four more bedrooms, one of which is the primary suite with a huge walk-in closet, a spa-like bathroom with a freestanding tub, a walk-in shower, and another see-through fireplace. There is one additional en suite bedroom upstairs, plus two other bedrooms, and a shared hallway bathroom. There is also a large upstairs laundry room with storage and utility sink. A very generously appointed home for large families, or those that just want room to stretch out, this property is sure to satisfy the most discerning of buyers. The huge backyard has a pro-grade basketball hoop with paved court, along with a large grassy lawn area. A 3-car garage also includes room for storage. Just a short stroll to the award-winning Pennekamp Elementary School and Mira Costa High School. This is your chance to make the upgrade you have been waiting for and dreaming about -- at a price per square foot that you may just never encounter again!