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Supplements: Drastically reduced from the original list price of $18.995M to $16.45M representing the best value on the ocean in Palm Beach County. The property is in like-new, immaculate condition and has been professional designed and decorated. This Oceanfront Estate is situated on South Florida's pristine shoreline in the exclusive Town of Gulf Stream. Ideally located on the coastline north of Delray Beach, the gated Bermuda style residence is nestled off A1A with easy access to Gulf Stream School and an easy scenic drive to Palm Beach and Boca Raton for fine dining and shopping. Newly completed in 2012, this residence was created to showcase the spectacular ocean vistas while offering an inviting elegance. Located on over an acre, the compound is accessed through a gated entry and private drive through a pergola that leads to the palm-lined motor court and courtyard. The two story entrance hall unveils the impressive staircase, coffered ceilings, and oak floors leading to the stunning ocean views. First floor interior features include formal living room with gas fireplace, formal dining room and connecting butler's pantry, family room with media center, numerous French doors leading to the oceanside verandah, two private guest bedrooms with en suite baths and laundry room. The gourmet kitchen with custom cabinetry, marble counters and walnut-topped island, is complete with state-of-the-art appliances including Wolf 48-inch dual-fuel range, triple ovens and microwave; two Miele dishwashers; and Sub-Zero refrigerator/freezer and wine cooler. The second floor can be accessed via stairway or elevator and features two additional guest rooms with en suite baths, oceanfront balcony, and spacious den/media room equipped with plenty of lounge seating for residents and guests alike. The luxurious and spacious master suite has a double door entry and is further enhanced by a private foyer, cathedral ceiling, morning bar, oceanfront balcony, incredible double wardrobe room with custom built-ins throughout, and marble master bath overlooking the ocean. The second floor also includes a spacious office which connects to the master wing and enjoys spectacular ocean views. The lower level is a unique space that is not only custom designed but also functional. The spacious area houses the air conditioned six-bay finished garage which could accommodate car lifts for additional vehicles; an impressive 1,500 bottle custom wine cellar; ample storage spaces; large second laundry room; powder room and a lounge area perfect for a private retreat. Completely finished with high-end flooring and lighting, the lower level offers plenty of space for game rooms, theatre room, art studio and more inviting endless opportunities. With abundant green spaces and manicured lawns, the grounds are perfectly landscaped and offer a serene setting to enjoy this impressive estate. The oceanside resort-style pool is complete with a waterfall spa, LED night lighting, terrace and cabana bath. Seaside entertaining options are limitless thanks to the outdoor living room and dining area complete with wood-burning fireplace and cooking area with gas grill hook-up. The property comfortably accommodates at least 14 thanks to the spacious en suite bedrooms in the main home and the charming guest cottage with wet bar and full bath. Residents and guests alike will appreciate the private bedrooms and generous living areas. Additional amenities include three-stop elevator, full house generator, Mellon security system, two laundry rooms, Smart-House systems and outstanding craftsmanship. This Gulf Stream oceanfront masterpiece offers the very best in luxury living. Seaside elegance matched with top-of-the-line finishes and amenities create the perfect paradise to call home.