Price Reduction! Imagine an idyllic country lane, removed from the frantic bustle of the city, where friendly neighbors taking leisurely walks greet you and stop to chat...this is Canton Drive. This recently remodeled traditional 5 bedroom/5 bath home sits on one of the most tranquil and quiet cul-de-sac streets in the picturesque canyons of Studio City. This family friendly neighborhood is sought by many due to its premier location within the Carpenter school district, close to the eclectic boutiques and restaurants along Ventura Blvd, and within 15 minutes of Downtown LA and West Hollywood. Vibrant landscaping and a winding footpath accent the front yard, leading you to the inviting front entrance. The light filled living room features a designer wood-burning fireplace and gorgeous pecan hardwood flooring, and flows into a spacious open concept dining room and into the brand-new chef's kitchen, featuring stylish walnut finished cabinets, gleaming porcelain countertops and backsplash, a Subzero refrigerator and Thermador appliances. From the dining room, two full sets of French doors provide easy access to the large patio for indoor/outdoor living, enhanced by a stunning view of the beautifully landscaped back yard. Completing the first floor are two ensuite bedrooms, with full bathrooms. Upstairs you are immediately greeted by a light-filled, spacious family room which provides a comfortable window-filled sanctuary with a lush backyard view. Down the hall, the spacious primary suite features a remodeled ensuite bathroom and extra large walk-in closet. Two additional bedrooms with ensuite bathrooms are on the 2nd floor, one of which has its own private entrance and can be accessed either from the family room or from the outside stairway... with a cozy sitting area, it's a perfect guest/in-law suite. The backyard is a gardener's paradise, with vibrant landscaping, meandering paths and terraced sitting areas, AND ROOM FOR A POOL (see pool images which are ONLY visual renderings). With 3,582 square feet on a 14,408 square foot lot, this large estate offers ample area for gatherings and great potential for developing a new free-standing structure on the far back boundary of the property, away from the main residence and with street access to Berry Drive. The property has a large two-car garage, a long level driveway and unrestricted street parking. Canton Drive is not just a street, it's a warm and welcoming community. Come see for yourself!