Price improvement! Gorgeous, brand new view estate!! Superb privacy and sweeping views highlight this privately gated, new custom estate. Sited on 4.98 acres, and at the top of it's own private knoll near the heart of Calabasas, this home, including the guest house spans over 11,300 square feet of true quality and luxury living. This beautiful contemporary Mediterranean offers a sunny and inviting floor plan that's flooded with natural light. Highlights include a stunning two story entry with curved staircase, a true chefs kitchen that opens to the huge family room with fireplace, adjacent dining room with glass encased, temperature controlled wine display, a dedicated home theater, formal living room, private custom office, and a large bonus/game room. There are eight en suite bedrooms including the spacious master suite with enormous walk in closets and two private balconies showcasing the views. Additional amenities include a Control 4 Smart Home system (Alexa compatible), and single use fiber optic Internet service. The exceptional outdoor grounds include a one bedroom guest house complete with kitchen, a large sparkling pool & spa, a spacious cabana with full grilling center (48" barbecue, 11' banquet bar with cabinetry, 2 under counter refrigerators, an icemaker, and two burner range), plus a dining area and outdoor fireplace. Located near The Commons Shopping Center, this estate is truly a rare find. SEE THE LINKS FOR THE MATTERPORT TOUR AND VIDEO ATTACHED.