MAJOR REDUCTION!!! Incredible "Rancho Estates" custom property in Encino, south of the blvd with gated courtyard & gorgeous curb appeal! A formal two-story front hall leads to a ballroom-size great room/living room with soaring ceiling and custom hand-rubbed finish fireplace. Entertain in style in the grand formal dining room, or relax in the den with French sliding doors and pine fireplace. The fantastic eat-in kitchen features a huge center island, granite countertops and tons of cabinet space, plus a walk-in pantry. A separate downstairs wing boasts three bedrooms, perfect for offices, in-laws, guests, teens, etc. Upstairs is a fantastic, one-of-a-kind primary suite with faux fireplace and sitting area, as well as a beautiful ensuite bath, plus two amazing, oversized secondary bedrooms. Two car garage with additional storage area plus tankless water heater. Outside is a rare, expansive flat yard with pool, gazebo, fruit trees and grassy area. This is the home you've been waiting for!