Do not miss this exceptional opportunity in Boca Raton's most exclusive guard-gated yachting enclave, The Sanctuary. Estate-offered at $300,000 less than appraised land value: single-owner residence built in 1981, 5,100 sq' one story 4 bedroom, 4.5 bathroom with soaring vaulted ceilings and dramatic water views. Enjoy 70' of waterfront on this 13,500+ sq' prime direct south-facing home site. Rear of the residence faces down a long channel to a protected sanctuary with no direct front or rear neighbors! Build your dream home or renovate and enjoy the pinnacle of private luxury Boca Raton waterfront living for a fraction of the price this prestigious neighborhood commands today.