Extremely rare lakeside home in the lovely Las Villas Calabasas townhomes. Units like this on Calabasas Lake show up few and far between! This 1900+ sq. ft. end unit on a small cul-de-sac has lake views and direct water access. Lovely covered front porch with stained glass door opens to a natural, earthen, sealed Saltillo tile walkway that connects the entire downstairs. Enter into a large main room which could become your living room or formal dining room with its own patio opening onto a greenbelt. To your left is a path to the guest bathroom, laundry room, and large kitchen with lots of workspace. Kitchen has breakfast bar, all appliances included, and dining area/breakfast nook that opens to another private patio with nat. gas BBQ hookup. The open separate family room at the rear of the home has vaulted T&G beamed ceilings, a gas fireplace with stone and tile hearth, and a wall of windows that looks out to a manicured private back yard with patio. An enclosed media closet is plumbed to be a wet-bar. Also on the main floor: an inside laundry room with washer and dryer included and an additional storage closet, direct access to attached 2-car garage, coat closet and powder room. Upstairs you find two master suites. This is a real plus with both having their own full baths, mirrored wardrobes, vaulted ceilings and private patios. The west bedroom also includes a large walk-in closet, and a large covered patio with gorgeous lake and mountain views. Wood shutters and light neutral carpet throughout. The private rear yard has a direct sightline to the lake framed by mature trees and greenery with shade and seclusion, and, your own path that leads the water and walkway surrounding the lake. Option to install your own pier for permitted watercraft access may be possible (buyer to verify what is allowed). Huge driveway has off-street parking for 6 cars in addition to the double attached garage. The beautifully maintained community offers a pool, spa, tennis court, green walkways and mature trees. Move-in ready, or, treat this space as your blank canvas to remodel. Walking distance to both fine and casual restaurants and shopping – every amenity is less than a mile away, plus an excellent school district. Easy access to Mulholland, Topanga, 15 minutes to PCH/Malibu. Straight shot down 101 to the studios/Burbank/Beverly Hills. Desirable Calabasas neighborhood delivers a beautiful and serene lakeside lifestyle at its best.