Wishing to live in a luxurious Montecito vacation resort 24/7, yet be close to everything in Sherman Oaksô You have arrived! At 13164 Magnolia, a fully gated & hedged Tuscan Villa, offering every amenity you could possibly dream of at your favorite vacation destination. This home is being offered FULLY FURNISHED and accessorized to provide for your every need, and now has a price improvement. Set back with magnificent presence + circular drive, the dramatic glass front door leads to a spectacular entry w/handpainted tile/wood staircase & custom ironwork. Elegant & Stately dining room seats 12 comfortably. Fully loaded kitchen w/Imperial range, rich wood cabinetry, granite and tumbled marble stonework, 3 sinks, 2 DW's + island. Ample BK seats 8+ and is open to Family Room offering an entertainment center. All this leads to the magnificent yard featuring a saltwater pool w/baja bench, spa w/endless waterfall + outdoor living room w/Spanish FP, outdoor grill/wet bar set up for all your parties, on a 10,500 appx sq ft HUGE LOT w/sprawling lawns and patios! Back inside the house we offer an air-conditioned garage that has been converted to a home gym/office. Plus a maids room (or office) en-suite & laundry rm. Custom wood & Spanish tile formal staircase graces the entry and leads you upstairs. Upper level boasts an open library / reading area, a master suite to die for w/balcony (overlooking pool/yard), a sitting area w/FP, 2 walk-in closets and a sumptuous bath w/dual lavs, spa tub and all you can want in an upscale resort bath. 3 secondary bedroom suites complete the upstairs, plus a Juliet balcony overlooking the entry (possible musician at a partyô) All the flooring is either tile or wood creating a clean environment with no carpet. All the ceilings are HIGH with so many windows allowing natural light to stream in. This home was custom built in 2003 by a famous area builder for himself, with no expense spared, and it has been lovingly maintained by the current (2nd) owners who now offer it fully furnished as a Luxury Lease. Close to canyons & freeways with Westside access and close to many Houses of Worship. Set back and gated for ultimate privacy and QUIET. Show cold!