HYPOLUXO ISLAND HOME - RENOVATED FROM GROUND UP This baronial Mediterranean-style Point Manalapan home was re-built from the ground up and completed in 2001. It boasts nearly 6,000 square feet and is 4 bedrooms and 4 and a half baths. A welcoming courtyard entry with stately fountain greets you upon arrival. The foyer features a spiral staircase with hand-carved marble steps and wrought iron work designed by Ferray Valencia of Spain. The formal dining room has a fireplace, accommodates a 10-12 seat dining table, and showcases 20-foot volume ceilings custom painted with rich gold and crimson Italian motifs. The magnificent chandelier will convey with the sale. The adjacent smaller dining area is framed by columns and is on a slight elevation from the formal dining room with full-view doors leading to the pool patio and garden area. A chefs kitchen looks onto the pool and loggia and has a 6-burner Thermador gas stove, 2 wall ovens, a Sub-Zero refrigerator, 2 drawer dishwashers and a prep island. The formal living room and adjacent great room are off the kitchen which features a wing where there is a spacious master bedroom. The home features tastefully faux painted walls throughout and Saturnia marble floors. The homes elevator takes you to the second floor where there are three bedrooms, one of which is the enormous master suite. The master bedroom is 19 x 24 and has a separate 18 x 13 sitting area, walk-in closet, en suite bath with Jacuzzi tub, separate 2- person steam shower and his and her vanities. Two guest bedrooms upstairs share a large wrap balcony with an elegant marble surface and iron railings with views of the pool. The pool is reminiscent of Capri with its waterfall and densely landscaped grounds and poolside grotto bar. The 450 square foot loggia with marble floors is an inviting place to entertain poolside and incorporates a sheltered 13 x 13 pergola near the bar. This is a wonderful entertaining home and a must see. MLS# R3124935.