Welcome to your dream coastal retreat! This stunning property offers the epitome of luxury living with breathtaking up-close ocean and island views. Nestled in a serene setting, this fabulous home is perfectly positioned blocks from the charming town of Summerland to the south, and exclusive Montecito a few minutes' drive to the north. This Contemporary Craftsman home boasts European oak floors that add warmth and elegance throughout. Step into the heart of the home, where a chef's kitchen awaits with custom Italian cabinetry, quality quartz countertops, and top-of-the-line German Gaggenau appliances. The ''NanaWall'' doors and windows seamlessly blend indoor and outdoor living, perfect for enjoying the coastal breeze and sunshine year-round. Entertain with ease in the family room, complete with built-in shelves and a flat screen, or unwind by the living room's stone fireplace. Hosting formal dinners is a breeze in the elegant dining room with ocean views. Outside, a firepit invites cozy gatherings while the wrap-around covered patio provides ample space for alfresco dining and relaxation. Upstairs, a versatile loft area serves as a central gathering space, ideal for movie nights or quiet moments of reflection. With 3 bedrooms and 2.5 baths spread over 2,709 sq ft across two stories, there's plenty of room for family and guests to feel right at home. The primary bedroom offers a sanctuary of its own with an expansive balcony and additional sitting area. Pamper yourself in the primary bath, featuring a soaking tub and separate shower. Experience the ultimate indoor-outdoor lifestyle in this meticulously crafted sanctuary by the sea. Don't miss your chance to lease this exceptional property and make coastal living a reality!