Perfect to convert to a retreat, sanctuary resort.nnPRICE REDUCED FROM $1,650,000 to $1,400,000nnAvailable to purchase (first time on the market) ; a luxurious titled lakefront estate with a tropical, nature oriented flair. The Estate offers two fully furnished villas both with stunning views of the Lake (total of 7-8 bedrooms, sleeps 15 ).nnThe two villas are situated on 4.9 acres of lakefront property. The smaller villa offers 2,800 sq. feet with a total of 3 bedrooms and 4 bathrooms. The main floor has an open floor plan with 1 bedroom and private bath on this level which opens to multiple sliding doors leading to a large stone patio, incredible lush gardens with full views of Lake Arenal. The second level has the master bedroom suite and a 2nd guest bedroom with a private bath as well. The master suite opens to two terraces and has a whirl pool tub, hand painted mural and views of the lake. The home is pre-wired for surround-sound and an electric fireplace. nThe larger villa has 4,147 sq. feet and offers 3 large bedrooms and 3.5 bathrooms, plus a studio. The first floor has an open floor plan integrating the kitchen, dining and living room areas. The kitchen is highly upgraded with an Italian stovetop, kitchen island and granite counter tops. There is a guest bedroom suite (private bath) on the first level, ½ bath and the living area opens to a lake view terrace. The second floor has a master suiteand guest bedroom with full bath. There is also on this level a study and lounging area with an electronic fireplace and surround – sounds. There is a third level that has an exercise and meditation studio with multiple windows, views and a bed area (could be an additional HUGE bedroom or suite/studio). Each villa on the second floor terrace has kitchenettes. There is an over-sized 2-car garage with plenty of storage space. nThe location: 6 acres on the Peninsula of Santa Maria in Lake Arenal. There is direct and easy access to the lake. I