Dual primary suites, peaceful lake views, and a private upstairs retreat make this thoughtfully reimagined Chelsea Place home a standout opportunity in the heart of Ormond Beach. Welcome to 1204 Draycott, a beautifully refreshed ICI-built home offering a flexible layout designed for the way people live today. This 5-bedroom home plus a dedicated office, blends modern and traditional style while providing generous gathering spaces and comfortable retreats throughout. The main-level primary suite offers a peaceful escape featuring a large custom walk-in closet and spacious walk-in shower, creating a true owner's retreat. The second primary suite is privately located upstairs on its own level, complete with a balcony overlooking the lake. This unique layout is ideal for multi-generational living, extended guests, or a private retreat space and could also serve as a media room, playroom, gym, craft room, or game room. Designed for both entertaining and everyday living, the home offers multiple gathering spaces, including a formal dining room, living room, and family room, allowing everyone to spread out comfortably. The kitchen features a breakfast bar and walk-in pantry, creating a natural hub for daily living and entertaining. Step outside to experience two exceptional outdoor living spaces that fully capture the peaceful lakefront setting. The covered lanai below and the private upstairs balcony offer the perfect places for morning coffee, evening wine, perfect viewing of rocket launches, and quiet moments overlooking the softly illuminated fountain. An ideal backdrop for both relaxation and gathering with family and friends. Located in the highly desirable gated ICI community of Chelsea Place, residents enjoy a resort-style pool and playground, a small gym/workout room, a beautifully walkable neighborhood with paved sidewalks throughout and the convenience of an HOA that includes landscaping, internet, and cable, creating a low-maintenance lifestyle. Chelsea Place is perfectly positioned in the heart of Ormond Beach, minutes from the beach, with coffee shops, restaurants, shopping, and everyday conveniences located just outside the gates. Recently refreshed with thoughtful updates and a renewed vision, this home offers a fresh opportunity to experience the Chelsea Place lifestyle. (Also note for peace of mind, BRAND NEW ROOF, newer HVAC, and so much more!) Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.