Under contract-accepting backup offers. Welcome to one of the most desirable island retreat homes presently on the market. The lush, tropically landscaped home is located at the end of an exceptionally wide deep-water canal on the Isle of Capri. This serene beach location is just a 5-minute walk to the sparkling Gulf Of-Mexico and world-famous Treasure Island Beach. Showcasing incredible open-water views, this home is move-in condition and ready for its new owner. Travertine pavers cover the huge driveway with parking for up to eight vehicles. An expansive, storage shed located in front has been custom-designed to appear as a second garage and perfectly matches the residence. Enter through the custom-designed front door into a combination living room and breakfast dining area. The fabulous full-size breakfast area has two sliding glass doors providing a picturesque view of the pool and the expansive waterway beyond. The brand new kitchen features custom cabinetry, quartz countertops, cooktop with custom overhead vent and a sink and prep area overlooking both the pool and water. Immediately adjacent is the large formal dining room, complete with a stunning fireplace—this versatile space could also serve as a den. The magnificent master suite includes a wet bar/coffee bar with a wine refrigerator. The views are amazing through four sliding glass doors that open to a private screened lanai overlooking the pool and waterway. The master bath features a soaking tub with custom built-in shelving, an open stall shower, and a beautifully designed California Closet with abundant space for two. There are two additional extra-large bedrooms. Each have their own ensuite full baths with one, also doubling as a convenient pool bath for guests. The garage has been completely refurbished with all-new paint and features a built-in laundry area and a uniquely designed large storage closet with barn doors. Step outside to the back patio and pool area—where the show truly begins. A complete outdoor kitchen, perfect for entertaining, sits beneath a large covered lanai that spans the entire width of the home and opens onto an exceptionally large custom-designed swimming pool within a full screen enclosure. A tastefully designed hot-and-cold rainfall shower, complete with six body jets and a handheld wand, is conveniently located in the lanai for pool guests. The tropically landscaped backyard is a true gem, featuring a custom stone walkway, multiple raised planters, and a beautiful travertine patio complete with fire pit overlooking the property’s 84' seawall with unobstructed waterway and island views. The recently renovated boat dock with both water and power, includes Trex decking, piling covers, and a new 12,000-lb electric boat lift. The dock is large enough to accommodate a table and multiple chairs, offering yet another space to enjoy the breathtaking scenery. Extensive inprovements have recently been completed: New Roof- 2025, New Kitchen Appliances- 20225, New Pool Pump- 2025, New AC/Heat- 2025. New hot Water Heater- 2025, New Duct Work-2021, New Attic insulation -2021 to name a few. This serene beach location is just a 10-minute walk to the lively waterfront development of John’s Pass Village with its many restaurants, bars and shops. Don’t miss your opportunity to own one of the premier residences in the area and begin enjoying "On The Water" Florida living at its finest!.