**Big Price Reduction** Welcome to Estancia de Bougainvillea, truely a one of a kind estate. On nearly 5 acres the home has been recently updated and expanded to approximately 14,000 sq. ft. of living area. It's architectural style is reminiscent of the great estancias of South America. It has 9 bedrooms and 12.5 baths and situated in a quadrangle of wings all opening to the large central pool, spa, and outdoor entertainment area. One enters the property through a stately wrought iron gate down a 400 foot tree lined driveway past an enormous lawn and one acre lake into an inner courtyard with a 16 foot Mediterranean fountain that is surrounded by the main house, a 4 car garage, and guest wing. The home's features include a great room with fireplace overlooking the lake, spacious dining room, a library, huge gourmet kitchen/family room, 2 master suites, 15 seat theater, tennis court,and 3,000 sf storage building. 37+ acres of land also available within a 10 to 15 minute drive.