**Price Improvement**Welcome to this exquisitely renovated waterfront retreat in the coveted Ponderosa Shores neighborhood of St. Petersburg! This stunning home underwent a meticulous transformation beginning in 2020 blending modern luxury with timeless elegance. Ideally designed for comfort and sophistication, this residence offers an unparalleled Florida lifestyle with direct access to Tampa Bay and the Gulf. The home is high and dry and has never experienced any water intrusion or flooding. **Due to this homes' High Elevation, Flood Insurance is $781.00 a YEAR and is assumable!** Enter to discover an open-concept layout adorned with beautiful flooring that flows seamlessly throughout. A custom-designed coffered ceiling with specialty lighting showcases the stunning pecky cypress inlays, creating a warm and inviting ambiance. The gourmet kitchen is a chef's dream, featuring top-of-the-line cabinetry with glass and brass cabinet pulls, a Viking convection oven/range, a built-in Viking refrigerator, gleaming quartzite countertops and a striking Abalone tile backsplash. A newly installed pantry featuring a custom-designed barn door provides ample storage, while the thoughtfully reconfigured walls and custom closets throughout enhance the home's functionality and flow. The enlarged primary suite is a sanctuary boasting a spacious walk-in closet, a spa-inspired en-suite bath complete with marble flooring, a marble shower enclosure, a jetted spa tub with integrated lighting and sound for the ultimate relaxation experience. A laundry closet, now conveniently located inside, adds to the home's modern practicality. The exterior features allow peace of mind with a new flat roof installed in 2020, updated plumbing in 2020, and a double-capped seawall installed in 2017. Every detail of this renovation reflects quality and craftsmanship, from high-end finishes to reimagined spaces tailored to accommodate the most discerning buyers. In the heart of Ponderosa Shores, this home offers serene canal views, easy boating access with no low bridge restrictions, close proximity to vibrant downtown St. Petersburg, art galleries, restaurants and the pristine Gulf beaches. Don't miss the opportunity to own this move-in-ready masterpiece in one of St. Petersburg's desirable waterfront communities. Schedule your private tour today and experience coastal luxury at its finest.