$1M Reduction! Extremely private 1937 Traditional-style estate & guest house on prized, half acre+ parcel. Five bedrooms, 5 baths, lush grounds, oversized pool & spa, mesmerizing views, poised on one of the best streets in desirable Los Feliz! First floor: foyer, powder, library, living, dining, family, kitchen, 2 bedrooms (1 ensuite), bath, gym and laundry. Second floor: 1 guest ensuite, 2 primary suites, each w/steam showers & large spa tubs; large outdoor terrace. Hardwood floors plus premium finishes & fixtures throughout. Outdoors: 2 dining terraces, fully-equipped kitchen, fire pit, sauna, organic vegetable garden (many fruit trees!), greenhouse, enchanting Balinese-style pavilion & more! Two-car garage + covered carport reached via long driveway. Move-in condition. This is a special home, ideal for intimate family gatherings or large group celebrations and awaits its next lucky steward.