A newly built Magnificent Mediterranean Estate set back from the road is waiting to be discovered. Guarded by oversized iron gates, a tranquil and beautifully landscaped courtyard ushers you up to the impressive square cupola. The grand foyer greets you with a decorative mosaic tile floor, an opulent chandelier and coved ceilings opening into the massive formal living room, dining room. Below the 15-foot-high beamed ceilings are three arched windows that look out onto the balcony, backyard and beautiful trees in the distance. An arched walkway leads to the great room where the gourmet kitchen is open to the family room and an informal dining space. Just outside is a second balcony which hosts an outdoor kitchen and an outdoor dining set. This luxurious home features a desirable modern floor plan that can live like a single level home with the 3-car garage, kitchen, laundry room, office, Master suite and two additional bedroom suites all located on the main floor. Step into the Master suite and enjoy all the 5-star amenities including a private landscaped patio, fireplace, spa-like bathroom and a custom-built dressing room. Finish up work at home in the office complete with a lounge, fireplace, library and large, elegantly designed windows. Downstairs is the perfect space for entertaining or could serve as a second living quarters featuring a kitchenette, game room/gym, wine room, and two additional bedroom suites. Out back is a nice covered patio, grassy yard and a regulation sized half-court basketball court all completely private with mature trees and hedges. This home has all of the convenient systems that you would want: 2 tankless water heaters, 3 HVAC zones, 5 fireplaces, security system, smart home, electric car charger, etc. This is your opportunity to own a very luxurious, functional, flexible estate home in the prestigious Monte Malaga neighborhood of Palos Verdes Estates.