A truly rare offering in prestigious Amestoy Estates, this sprawling 1.5-acre ALL-FLAT corner lot presents one of the most exceptional development opportunities currently available in Encino. Surrounded by some of the area's most distinguished multi-million-dollar estates, this property offers endless possibilities for developers, investors, builders, and end-users seeking to create… Read More a legacy estate. The existing residence features a flexible floor plan with a first-floor bedroom and three spacious upstairs bedrooms overlooking the expansive park-like grounds. In addition, the property includes a substantial detached 1,620-square-foot guest house with soaring ceilings, a private entrance, and tremendous potential for extended family, guests, a home office, wellness retreat, or income-producing opportunities. What truly sets this property apart are the included plans for an approximately 28,000-square-foot luxury estate, offering buyers a significant head start toward creating a world-class custom residence. Buyers are advised to verify all plans, permits, development opportunities, and the potential for lot subdivision with the appropriate professionals and governmental agencies. Whether your vision is a private family compound, a multi-generational estate, multiple luxury residences, or an unparalleled resort-style retreat complete with expansive outdoor amenities, sports courts, guest accommodations, and entertainment spaces, the possibilities are virtually limitless. The property's flat topography, enormous frontage, and premier location provide an extraordinary canvas to bring your dream project to life. Ideally situated within walking distance to Ventura Boulevard's renowned dining, shopping, and entertainment, this is a once-in-a-generation opportunity to acquire one of Encino's most versatile and valuable development sites. Read Less
Courtesy of Pinnacle Estate Properties 818-993-7370
Listing Snapshot
Days Online
36
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
4
Partial Baths
1
Square Ft.
5,928
Lot Size
1.46 Acres
Year Built
1940
MLS Number
SR26136809MR
Additional Details
Building
5,928 sq ft, Built in 1940, Detached/No Common Walls
Community
Storm Drains
Cooling
Central
Fireplaces
Living Room
Garage
3 total garage spaces
Water Features
Water: Public
Heating
Central
Home Owner's Association
Homeowner Dues: $0
Laundry
Room
Lot
LotAcreage: 1, LotSizeArea: 63,552
Parking
CarportSpacesTotal: 0, TotalParking: 3
Pool
PoolYN: t, Private
Property
EntryFloorNumber: 1, LandLeaseType: Fee, PropertySubType: Single Family Residence, ViewDescription: Trees/Woods, ViewYN: t
Sewer
Public Sewer
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