First time on the market! This exceptional contemporary property enjoys a private gated retreat-like setting that feels miles away despite its central Palo Alto location. The main living / dining great room is defined by sleek clean lines, high ceilings, floor to ceiling glass and impressively oversized skylights. Natural slate tile flooring throughout the first level of the home extends seamlessly to the rear and side patios. The gourmet chefs kitchen with top of the line stainless steel appliances and bar stool seating opens to the inviting family room. Rounding out the first floor is a cozy office and full bath. Arranged on the upper level are five bedrooms, including the luxurious primary suite with a fireplace, a guest / bedroom suite and three additional bedrooms sharing a beautifully remodeled hall bath, plus the convenience of an upper level laundry room. The expansive outdoor patio, ideal for entertaining, offers a fireplace with seating built-in, an eating area off the kitchen, a waterfall and a decked area with a hot tub. Ideally situated just a short distance from the Community Center, downtown Palo Alto, top rated K-12 public schools, California Avenue and Stanford University, this home makes it easy to enjoy all that Palo Alto has to offer!