**Seller is motivated! Price reduced to appraised value.** Eliminate the two-year construction timeline and the tariff material price increases by securing this exquisite barely lived in NEW contemporary luxury residence nestled within an exclusive gated community. Situated on a one-acre hillside lot, this property offers panoramic views of the mountain preserve, desert, and sunsets. The residence features all the amenities required for a luxurious lifestyle while maintaining tranquility and privacy. Ideal for entertaining guests or simply immersing oneself in the breathtaking surroundings, this home provides an unparalleled living experience. The kitchen is the heart of this culinary masterpiece. Designed with a chef's vision in mind, it features state-of-the-art appliances. including warm wood cabinets, a Sub-Zero refrigerator and freezer, and a French door wall oven. An oversized quartz edge island, a wet bar/coffee station, and a separate dual wine and beverage refrigerator bar complete the kitchen's elegant design. The great room is equally impressive, featuring a floor-to-ceiling stacked stone gas fireplace with a wood-beamed mantle. Custom display/bookcases adorned with designer grasscloth wallpaper enhance the room's ambiance. The open-concept kitchen seamlessly integrates into an outdoor entertainment area accessible through sleek sliding glass doors. The outdoor space is truly remarkable. Multiple covered patios and pergolas provide cozy retreats, while a negative-edge solar heated salt lap pool with a 34-foot waterfall edge offers a serene oasis. A chair-level gas spa, a built-in barbecue bar, a patio bar with a sink and dual under-counter refrigerators, and a patio gas fireplace complete the outdoor amenities. Custom-built metal fencing ensures unobstructed views of the mountains and desert. The unique floor plan of this residence creates a tranquil sanctuary within the owner's suite. A spacious laundry room is conveniently located adjacent to the suite, eliminating the inconvenience of laundry. From the bedroom, guests can enjoy the sparkling saltwater pool through the glass doors. The suite also features a separate patio and a private easy entry spa. The owner's bathroom is truly exceptional, featuring two luxurious washrooms with separate entrances. Each washroom is equipped with a dual-head and handheld walk-in shower with handrails, a soaker tub, and ample storage space in a large walk-in linen closet. Additionally, there is a private toilet area. The closet is further enhanced by solar tubes that provide natural light, built-in drawers, a separate clothing and jewelry valet area, and a separate entrance to the laundry room. On the other side of the house, there are two more en-suite bedrooms, one of which includes a cozy sitting room/office. However, there is also an additional 500 square feet of oversized flexible spacethe BONUS ROOM! The BONUS ROOM is a true gem, featuring sliding glass doors that open to a private patio and backyard oasis. It is equipped with built-in theater/music speakers and a spacious AV walk-in closet (complete with a whole-home automated Control 4 system). The room has been over-framed and double-foam insulated to ensure optimal soundproofing. Notably, built-in speakers are strategically placed throughout the house, including in the great room, primary suite, bathroom, bonus room, and covered patios. The bonus room offers endless possibilities. It could be transformed into a game room with a pool table and a dartboard, a theater room, a playroom, or even a bunk room. The closet is incredibly spacious and can be easily customized to suit your needs. Imagine the endless possibilities! Conveniently located near the great room and bonus room, the powder room exudes style with its unique vessel sink and trims. This house provides all the amenities necessary for a comfortable and aesthetically pleasing residence. It enjoys a prime location in proximity to essential public services, including the highly esteemed BASIS Peoria school, shopping centers, dining establishments, and entertainment venues. On the other side of the mountain, you will find the expansive 85-acre Paloma Community Park, which encompasses a dog park, baseball fields, pickleball courts, a fishing pond, and a splash pad. Additionally, the house is conveniently situated near the 303 and Lake Pleasant, facilitating an effortless commute to downtown amenities, the airport, and Northern Arizona. For further information regarding this property, kindly refer to the DOCUMENTS TAB and do not overlook the VIDEO.