List Agent George Ouzounian () 818-900-4259 The Agency; CoList ()
Presenting an unparalleled investment opportunity in the highly sought-after area of Encino, south of Ventura Blvd, we proudly offer this expansive property to builders and owner-users. This remarkable estate spans over 2 acres (86,648 sq ft) across two parcels, boasting a prestigious location at the end of a cul-de-sac. Accessible via a secluded and impressive private driveway, the property offers over 25,000 sq ft of flat land, providing an ideal canvas for visionary development. The breathtaking panoramic skyline views of the picturesque San Fernando Valley and majestic mountains further enhance the appeal of this exceptional investment. This is a rare chance to create a magnificent celebrity estate that will leave an indelible mark on the landscape. Included with the property are plans for a 15,480 sq ft Modern Masterpiece, thoughtfully designed with meticulous attention to detail. The plans incorporate a detached 875 sq ft guest house, an attached 3-car garage, and covered parking for an additional 10 vehicles. While the plans are not yet ready-to-issue (RTI), they serve as an excellent starting point for customization, allowing you to bring your unique vision to life and craft a truly remarkable property. The property consists of two APN's, Parcel 2290017013 (41,649 sq ft) and Parcel 2290017012 (44,999 sq ft). In addition, a second set of plans is available, offering an exciting opportunity for further customization. These plans envision a spacious mid-century modern single-story home, with the option for an additional bonus area on the second level. Although not yet submitted, these plans present an enticing possibility to tailor the property to your specific preferences. This alternative design features a main home spanning 10,000 sq ft, a 1,000 sq ft guest house, and two separate 3-car garages. Unlimited potential awaits visionary builders and contractors seeking to create an iconic estate in this highly coveted location. With its extraordinary size, stunning views, and proximity to amenities, this property offers the perfect foundation for crafting a distinguished residence that embodies luxury and exclusivity. Do not miss out on this extraordinary opportunity to create an extraordinary celebrity estate in the heart of Encino. Seller financing is available upon request.
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.