Major price drop of $550,000 puts this sparkling, brand new home in a whole new category. ONE OF A KIND, BRAND NEW LUXURY HOME with all the latest in construction, technology and upgrades that is expected in a home sitting ONE BACK FROM THE GULF IN THE PRIVATE, GATED COMMUNITY OF WATER'S EDGE. The home comes furnished and professionally decorated by Heather Lollie of Lollie Designs. The house is literally next door to Rosemary Beach affording you all of the shopping and restaurants offered. You are mere steps away from the gated beach access to development's dedicated beach. GORGEOUS GULF VIEWS FROM SECOND FLOOR LIVING AREA, DINING ROOM AND DECK. THE THIRD FLOOR MASTER, SUNDECK AND SLEEPING PORCH. VIEW THE GULF FROM THE COMFORT OF YOUR BATHTUB IN THE MASTER BATH. This home has 5 bedrooms, one of which is a bunkroom, 5 and Â½ bathrooms and sleeps 12 comfortably. You'll know minute you walk through the garden gate into the courtyard that this is an extraordinary home. The owners, along with Tyler Doin, the architect and Suntec, the builder have all thoughtfully incorporated all of the features that today's luxury buyer is seeking. They even added some "old school" items such as a dumbwaiter for transporting groceries and drinks from the first floor up to the kitchen and a laundry chute running from the 3rd floor down to the laundry room, so you don't have to transport clothing and linens by hand. This house is extraordinary. As you enter the courtyard you will encounter the outside lounging area complete with fireplace, television, pecky cypress beamed ceiling, a complete summer kitchen with pecky cypress accents, dining area with teak furniture, and a heated pool and spa with teak lounges. The tile floor throughout is beautiful, cream Firestone. Entering the home you will find a rich, herringbone pattern, tiled floor, along with a bedroom and Carrara marble tiled bath. The laundry room and a half bath complete the first floor. The second consists of a large, open family room with fireplace and pecky cypress mantle, kitchen with professional grade appliances and custom cypress range hood. There is a 12' tall Windoor, which folds back leaving a wall of open space for breezes and access to a combined sunporch and covered entertainment area. There are 3 bedrooms and a bunkroom that sleeps 4, all with their own custom, tiled baths. One of the bedrooms serves as a second master. The 3rd floor is a private master retreat with a morning kitchen, wetbar, outdoor sleeping porch with suspended bed and sunning porch.The large bathroom is exquisite with Carrara marble tile and a free standing tub. All windows and doors are impact rated Sierra Pacific and there are 2 Rannai gas, tankless water heaters, so you'll never run out of hot water, Also, LED recessed lighting and painted vertical v groove throughout the halls and stairwells. All bedrooms have king beds and the balconies have cable railings for security, views and breezes. There are 3 zoned a/c units and 7 latest technology 4k televisions in bedrooms and on porches. The ceiling heights are 10', 13' and 11'. Security cameras are at the front door and the pool area. The house also features a comprehensive fire sprinkler system and the latest in smart home technology that affords you the control of all of the systems in the home via your cell or tablet.You will appreciate all the high end features in this fine home.