$400,000 PRICE REDUCTION! Nothing wrong with the house, but the Sellers motivation to sell is now your buyers benefit to buy. The ultimate in elevated and elegant charm runs through every room of this near 4,800-square-foot classy home sitting on panoramic views of Sarasota Bay. With lake views just off the back of the home, there are two stories of extensive terraces that give additional water views far beyond. The front of the residence offers a towering, elegant sight as the grand staircase leads you from the courtyard to the entrance of this custom Arthur Rutenberg design. The main floor features both casual and formal living spaces, with the formal living room boasting decorative plaster detail, two oversized windows, a double-sided fireplace and a wine storage room for more than 300 bottles. The home then leads you into the chef's kitchen, with an adjacent formal dining room, featuring solid wood cabinetry, stone counters and stainless steel appliances including a built-in microwave and oven. A center island can easily seat four for casual dining and a separate wet bar offers ease of entertaining as it faces the formal living room. From the family room, doors lead to the outdoor living space overlooking the community lake, mangroves and bay with the den through the parallel-facing set of doors. The primary bedroom suite completes this floor with dual walk-in closets, a spacious bathroom with a free-standing tub, separate vanities, a linen closet, a walk-in shower with dual showerheads and a toilet room with a bidet. Take the elevator or the magnificent wood stairway to the third floor featuring an additional bedroom suite with its own balcony including an inviting fireplace. Two additional bedrooms complete the space that is perfect for hosting guests. The large entertainment space has a sunken media room ideal for movie night, as well as a wet bar with a beverage refrigerator and icemaker. Your luxurious lifestyle continues with the screened pool and spa area featuring an outdoor kitchen with marine grade polymer cabinetry, a grill, range hood and sink. Dual paver driveways lead to the garage, which is equipped to hold eight cars with room left over for additional toys or a golf cart. Home upgrades since it was last sold include new air conditioning units, garage panels enclosing the space into the A/C area, a new hot water heater, a new doorbell camera and a new pool and spa cover. The home is fully furnished and features a new living room furniture set. Legends Bay is a gated community situated along a gorgeous stretch of bayfront, just a short drive to Florida's famous gulf beaches. You'll enjoy proximity to downtown Bradenton and downtown Sarasota, airports and a wonderful community of dining and shopping.