*HUGE PRICE REDUCTION*Exceptionally remodeled 1937 Spanish Style compound on a 10,554 square foot lot in coveted Colfax Meadows. Soaring light-filled foyer leads to expansive living room with period wood beam ceiling and fireplace, chef's kitchen with Viking appliances, intimate dining room, spacious master suite with huge bathroom and walk-in closet, office or fifth bedroom, guest bathroom and family room with French doors leading out to stunning yardwith pool/spa and magical outdoor areas for dining Alfresco. There are three bedrooms and 2 baths on the second floor and a lovely terrace overlooking the backyard. Additional features include a guesthouse which was built as a professional fully soundproofed recording studio with ~~ bath, just waiting to be transformed into a fabulous pool house. Total of 5 bedrooms, 5 bathrooms PLUS the guesthouse, 5 zones of HVAC. This is a very special property that has been remodeled with integrity yet maintains it's authentic charm.