Luxurious gated estate that boasts unparalleled views of Lake Conway off its very own private peninsula. This beautifully appointed 4-bedroom home has features and character that truly make it a once-in-a-lifetime offering for those seeking a waterfront property to call their own. There is over 400 feet of combined direct waterfront frontage along the lake, canal and cove and showcases a new stone seawall. The well thought out placement of the dock on the cove means no obtrusive boat dock blocking the view of those beautiful Lake Conway sunsets. This home has been masterfully designed and crafted with intelligence, grace and luxury to offer living of the highest order. An expansive open floor plan with walls of windows captures nature's panoramic and ever-changing lakefront views. Flawlessly and luxuriously designed and executed, it features soaring ceilings, copious custom millwork, rich architectural detailing, and top line finishes as well as fixtures, appliances, and systems throughout. The living area, with imported doors and light fixtures, proves this home is a must see. The gourmet kitchen boasts wood beamed ceilings, custom cabinetry, granite counter tops, double dishwashers, double sinks, warming oven and large island. Lower level theater room has stadium leather seating, large flat screen television, recessed screen with projector and gas stone fireplace. The second level features an opulent master bedroom wing with a gas fireplace and lakeside balcony as its centerpiece. Bathroom ensuite boasts Venetian plaster, Jacuzzi tub and separate water closet. All bedrooms host spectacular water views and custom closets. Enjoy a glass of wine from a bottle from the climate-controlled wine cellar. The grounds are adorned with towering trees, pavered walkways and private gardens. Enjoy entertaining pool side at the outdoor living space with gas grill and bar. 4843 Backacre Lane is a true testament to luxury and design with upgrades including 3 car garages with additional 2 covered parking spots, new Steppi roofing installed in 2018 and covered boat house with multiple watercraft lifts. Zoned New Pershing K-8 and Boone School District. Minutes to ORMC, Airport and Dr. Phillips Performing Arts Theater. Call today for a private showing.