This spectacular, five-story townhouse is a rare find, offering the stately elegance of a classic Upper East Side mansion coupled with a sense of modern sophistication and state-of-the-art systems associated with new construction. Newly renovated and rebuilt, 48 East 81st Street is the ideal place for both calm, intimate living and elaborate entertaining. Throughout the spacious residence, each room reveals an extraordinary level of detail, from imported South African wood floors and Venetian stucco walls, to hand-run plaster moldings, leather flooring in the master suite, all-teak cinema room and gourmet chef's kitchen. Other noteworthy features include IPE garden, master bathroom with soaking tub and changing room with his-and-her closets, grand parlor, entertaining salon, dining conservatory, library, and teak roof deck. Aside from the exquisite design and high-end appointments, the home boasts top-of-the-line lighting, security and audio/visual systems.