Direct Gulf Access on the Spreader Canal in prestigious Peninsula Point. This waterfront 2-story home offers endless water and preserve views and privacy on one of the most sought after streets in the city. Over 3,000 sq.ft. under air with 4 bedrooms + den/office and 3 full bathrooms. Home has been updated throughout including kitchen with granite counters, stainless steel appliances, and gas range. Formal dining & living rooms currently used as billiards area, and large family room with a fireplace and overlooking the serene wide water views. Grand wood staircase leads to additional bedrooms and the master suite on the 2nd floor. Second floor updated with travertine floors, newer carpet, and updated bathrooms. The large master suite has a sitting area with incredible water views looking over the preserve. Large private 2nd floor balcony is ideal for your morning coffee or evening cocktail! Large pool overlooks the Spreader and features lots of covered area and expandable sun shades. Storm protection with shutters on all windows, pavered lanai, custom pillars and fountains, and large dock with pilings for a yacht. It's the ideal location to call home or spend your winters!