Exceptional custom Spanish-style home on a tranquil lake in the heart of the Village of WestClay! Crafted with the highest attention to detail, this one-of-a-kind residence features hand-forged wrought iron railings, a stone-coated 100-year metal roof, and Vermont maple distressed hardwood floors throughout the main level. Vaulted, tray, barrel, and beamed ceilings, plus arched windows and doorways, lend rich architectural character at every turn. Gourmet chef's kitchen includes Sub-Zero refrigerator, Wolf gas cooktop & double ovens, pot filler, concrete countertops, custom cabinetry, large walk-in pantry, coffee bar, and a butler's pantry with Sub-Zero beverage fridge. A double-sided fireplace connects the kitchen to the breakfast nook. Main level wet bar, hardwired sound/security system with smart home features, and four gas fireplaces offer ultimate comfort and convenience. Stunning outdoor living includes a one-of-a-kind loggia, expansive open-air patio, and outdoor kitchen with grill, sink, and fridge-all overlooking the peaceful water. A private "tower" balcony offers an intimate retreat with lake views. Luxurious primary suite features a fireplace, heated floors in bedroom/study/bath, balcony with water views, spa bath with walk-in shower and soaking tub, and a walk-in closet with island. Upstairs offers 3 en-suite bedrooms and large laundry room. Walk-out basement includes full wet bar, kitchenette, fireplace, full bath with steam shower-and flexible space that could serve as a 5th bedroom, guest suite, or gym. A rare opportunity to own an architectural gem in one of Carmel's most desirable neighborhoods!