Welcome to the THE CROWN JEWEL OF SHERMAN OAKS, a brand new 7-bedroom, 9 bathroom ultra-modern one of kind estate with panoramic views from all levels including an incredible roof top deck with a gas fire pit, sitting area, built-in speakers and in placing wiring for TV to relax or entertain guests. A custom glass entry with grand foyer shows off the open floor plan that flows into the spacious dining room and family room accented with a silver travertine dry bar and rectangular sculptured fireplace that opens to the expansive rear yard and covered patio area. The gourmet kitchen is truly built for those who love to cook. With its Taj Mahal quartzite countertops on its large center island and counter space, it blends in beautifully with the naturally colored cabinetry, top of the line Miele appliances, butler pantry and adjacent secondary kitchen. There is a private office, generous size gym room looking on the rear yard, powder room and maids or guest quarters. The basement is unlike any other, made to party with a sumptuous area to relax or play, a complete wet & dry bar with built-ins, powder room for guests and a spectacular movie theater. As a bonus there is also a bedroom with a full bath. The upper floor is comprised of a well-positioned loft with sitting area to take advantage of the unparalleled views, 4 large ensuite bedrooms with built-in closets (one with a balcony) and a dream master suite that features an inspiring bathroom with views, a double vanity, soaking tub, oversized shower, and closet built ins. The master bedroom has a fireplace, separate make up area and two large viewing decks with awesome views of the valley. The enormous walk-in closet has two large center pieces and surrounding built-in accessories. The home has European white oak floors throughout accented by travertine stone in the baths and basement. The elaborate lighting features, music, surround sound speakers and theater are controlled by the Elan smart home system. The gated compound has a 3-car garage, custom built pool/spa, and outdoor kitchen area with two large grassy areas with a landscaped upper level for privacy. Located in the hills of Sherman Oaks with easy access to the westside, freeways, dining, and shopping. $1 MILLION PRICE REDUCTION! UNDER $800/SQFT!