HUGE REDUCTION! Gated traditional 1 level home with impressive frontage South of Rancho St. Surrounded by multi million dollar estate homes, this tranquil setting shaded by mature trees and flowering gardens offers the ultimate sophisticated yet comfortable floor plan. Open living and formal dining rooms with wood floors and a dual sided fireplace with easy access to the white tiled kitchen and built in breakfast banquette overlooking the lush private yard. One adjacent wing of the house includes a large media room/Jr master suite w bath as well as a den. Master with fireplace, sitting area and ample closets offers a spa style bath and access to the recently redone sparkling pool area. The yard offers a diverse array of entertaining spaces including grassy play areas, fruit trees, and outdoor living/dining spaces. Truly a magical setting in one of Encino's finest neighborhoods.