Today’s seven-bedroom home is a magnificent Venetian palace nestled in chic guard-gated Del Rayo Estates in the exclusive enclave of Rancho Santa Fe, California, minutes from Del Mar racetrack and the beach.

This over 20,square-foot home earned $498,000 last year alone from Airbnb.

Combining classical artistry with lavish modern luxury, it’s as much a resort as a  home.

A double-height great room offers space for entertaining.

The resort-style pool has a cascading waterfall and palm-tree island.

The large movie theater has cinema-style seating.

Fitness amenities include a gym, yoga studio, and sauna.

The  brick-floored wine cellar includes a tasting room.

The home also has a regulation bowling alley.

The kitchen includes detailed cabinets with seating at two different breakfast bars.

The bedrooms are on a grand scale including an enormous master suite.

The 2.2-acre grounds also include a tennis court and a children’s playground. This lavish estate is listed with Steven Roffer and Tina Perkins of Douglas Elliman for $10.85 million.