Newly constructed Balinese-style oasis with 138' of bluff-top frontage with panoramic views from Point Dume to the Santa Barbara Islands and deeded access to the exclusive "Watkins Cove" beach via a private driveway or stairs. Incorporating the best of indoor/outdoor living with automated glass walls, this sun-filled estate has natural and rare finishes throughout and ocean views from just about every room. It offers a formal living room, two family rooms, and state-of-the-art home theater. It has a gourmet granite island kitchen that flows out to a huge wood terrace w/BBQ island that's perfect for outdoor dining/entertaining, a generous owner's suite w/fireplace, private deck and luxurious spa-like bath, plus 4-exquisitely designed en-suite bdrms. The manicured ground offers multiple sitting/lounging areas & a custom pool/waterfall spa with a spectacular 1,100-gallon aquarium backdrop, & 2-car garage w/guest parking. Adj. 1/2-acre parcel lot is available. Tremendous rental potential.