Ideally located in the Tree Streets neighborhood in North Laguna, this newly remodeled residence offers an eminently livable floor plan with modern functionality and elegant finishes. A private entry gate welcomes you to a serene oasis graced by an extraordinary Banyan tree and surrounding seating areas, perfect for relaxation and year round entertaining. The main level offers a formal living room with vaulted and exposed beamed ceilings and brick fireplace, with a set of French doors opening onto the front courtyard; a dining room adjacent to the gourmet kitchen with a butcher block center island and professional grade stainless appliances; and a family room with bi-fold doors leading to the lushly landscaped rear yard. A secondary bedroom with ensuite bath and French doors opening to the front courtyard, an office with cozy fireplace, laundry room and powder bath complete the main floor. Upstairs features a spacious primary bedroom suite with vaulted ceilings, an expansive deck with ocean views, a luxurious primary bath with two walk-in-closets and two additional bedrooms with ensuite baths. The interior details include new bathrooms, oak flooring, electrical, plumbing, HVAC, drainage and a security system. The rear yard is completely private with an outdoor dining terrace, a detached studio with bath and a two car garage. Walking distance to the beach and Heisler Park and just minutes to Downtown Laguna Beach, Main Beach, Pageant of the Masters, Sawdust Festival and the miles of biking and hiking trails.