GREAT NEW PRICE! This classic 1940's white picket fence traditional, on a sweeping corner lot in coveted Magnolia Estates, has recently undergone a transformative renovation & is ready for its next lucky owner. 1st time on the market in almost 30 years, this expanded showplace w/ walnut-toned wood floors in most rooms, offers 5 potential bedrooms in the main home plus a unique almost 700 sqft studio guest apartment over the garage. Quaint wooden gate introduces this home through the expansive front yard, with walnut & sycamore trees. The entry foyer opens to a formal living room with fireplace opening to a Junior dining room & open concept kitchen with upgraded countertops, new stainless Forno oven/range, side-by-side refrigerator freezer & walk-in pantry room. Dining area options include a sep breakfast bar & breakfast nook, as well as, a formal dining area which opens to the raised white wood beam ceiling family room. Floor-to-ceiling french doors & windows overlooking the sparkling pool & private yard, including private rose garden with garden shed. There are multiple outdoor living/dining areas as well. The main level offers a separate den/library w additional fireplace & a potential 5th bedroom, now used as a home office. 3 additional bedrooms complete this level including one ensuite with access to a separate finished attic/playroom & 2 large bedrooms centered by a newly renovated white quartz counter bath. Upstairs is the serene treehouse-like primary suite with raised ceilings surrounded by windows with treetop views. This suite offers a wall of closets plus an additional walk in & dual sink bath with elliptical soaking tub, skylight and oversized shower w/bench. Above the oversized garage (with extra work tables and storage) is an incredible open space studio apartment with an efficiency kitchen and bath. There's also a dog run area on the side of the house. This is the home you have been waiting to come on the market in an incredible area of Valley Village so convenient to commuter routes, shopping, good schools, houses of worship and so much more!