NEW PRICE. Welcome to this wonderful gated Modern Mediterranean home, where large, flowing rooms create the perfect setting for family fun and gatherings with friends. With 5 bedrooms, 4 bathrooms and high ceilings throughout, this home has plenty of space for everyone. The formal entry opens to a sophisticated, sun-filled living room with a decorative architectural ceiling, large windows and a chic fireplace. The formal dining flows naturally to the living and family rooms through stylish, arched doorway is perfect for evenings with friends. After dinner, cozy up next to the fireplace in the family room, which opens to the elegant kitchen with granite countertops, a large island, two sinks, custom cabinetry, and a separate breakfast area set in front of a bay window. Beautiful French doors lead outside to the private yard with a pool, spa, and garden a perfect indoor-outdoor living experience. The pool is equipped with an electric cover. Back inside, the architectural staircase ascends up to the second floor carpeted for maximum comfort where you'll find 4 of the 5 bedrooms, including the romantic Primary Suite. This serene retreat includes a 3rd fireplace, 2 walk-in closets and a bathroom with separate vanities, a water closet, a spa tub and a separate shower. Lounge on your private terrace overlooking the enchanting yard. Located in a wonderful area of Valley Village. This property is close to transportation, dining, parks, studios, the 101 freeway and is situated within the coveted Colfax School District.