Located in a highly desirable neighborhood, this magnificent home seamlessly blends modern artistry with Mediterranean grandeur and is only a 10-minute walk to the beach. As you approach the home from the roundabout driveway, an archway leads to an elegant atrium, introducing you to the splendor that awaits inside. Upon entering, you are welcomed by open spaces, soaring ceilings, and large windows offering picturesque views of lush landscaping. The great room is perfect for hosting gatherings. Adjacent to the kitchen is a large laundry room with a washer and dryer and extra closet space, offering the potential to be an additional bedroom. Also on the main level are two spacious bedrooms, each with their own full bath. A stunning, curving wooden staircase with an elegant metal railing takes you to the upper level, where a bridge with decorative columns and large panoramic windows leads to the arched entrance of the primary suite and living area. This expansive area features cathedral ceilings, fireplace, and beautiful balcony with captivating views. The en suite bath is a luxurious retreat boasting gorgeous tile flooring and an exquisite tub that sits next to large windows overlooking the canal. The primary suite also includes a huge walk-in closet with wood doors, accessible and closable from both the bedroom and bathroom. This spacious closet can easily be transformed into a room for hobbies. Another door leads to an outside terrace offering peaceful and pretty views. Sited on one of the island's deepest canals, the backyard dock is perfect for boating enthusiasts or enjoying water activities such as paddle boarding and fishing. The home is tucked away on the tranquil and secluded Penfield Street, which is surrounded by beautiful Hideaway Bay. Longboat Key Club amenities, beaches, restaurants, shopping, parks, and entertainment are nearby. Explore the splendor of this exquisite, one-of-a-kind home - it is a true gem that should not be missed.