I don't think it's possible to cite a single movie as "the last classic Hollywood type movie" where its focus was entertainment and had movie magic feel to it, but I do think you could make a general list.
Some I'd throw out there for me are Mask of Zorro (1998), the Transporter (2002), the first two Harry Potter films.
What about you guy's. What's your personal list of movies that were sort of the last of that era where movies felt like movies and had something special to them?
The 80s were the last of Classic Hollywood. Obviously there were some great movies after, but the culture and messaging had changed by the mid-90s. That's not to say there were no great movies after that point, but they were no longer "Classic Hollywood."
Mid-80s is coincidentally when the last two studios, United Artists (Weintraub) and Disney (Eisner), were taken over by a certain tribe.
Although UA, the original non-tribe studio and main holdout, struggled against this for the next decade or so they eventually fell and are now under tribe-run MGM.
Again just a coincidence though...