$1 million price reduction! Best priced home in the flats huge upside! Beautiful estate with fabulous curb appeal is located on one of beverly hills' most coveted streets in the flats and is now available for the first time in over 40 years. The main house, a showcase of classic elegance, comprises 5 bedrooms and 4. 5 bathrooms with grand scale rooms and extensive original and exquisite architectural details from a bygone era such as intricate, detailed molding and leaded glass. Enter into the grand marble foyer with stunning chandelier and dramatic iron railed staircase leading to the second story. Off the foyer to one side is the elegant living room and fireplace. And to the other side, up a few stairs is the stately formal dining room. Directly ahead from the foyer is the beautiful wood paneled library and den with sitting room and wet bar, opening to the brick patio and pool beyond creating a wonderful entertainment flow. Completing the main level is the service entry off the driveway entering into the butler's pantry and kitchen with a back staircase to the 2nd level, an adjacent breakfast room plus maid's room and bath. The second floor is comprised of 3 large bedrooms, 2 bathrooms and a wing devoted to the spacious master with his & hers dressing areas. An additional 2 story converted garage sits at the back of the property offering the chance to create the ideal guest house and/or gym and work area. This extraordinary beverly hills residence offers a rare opportunity to bring your personal aesthetic and touches to the enduring elegance and luxury of this exceptional grande dame and prestigious address. Entry hall/foyer chandelier excluded. Property is sold as is in its present state & condition.