**Attention Developers and Investors: Exceptional Development Opportunity in Encino Hills**We are thrilled to present an extraordinary opportunity for investors and developers alike in the highly coveted area of Encino Hills! This property offers the ideal canvas for constructing a new estate home with an Accessory Dwelling Unit (ADU) and rooftop terrace, showcasing the epitome of luxury living.The seller has secured Ready-To-Issue (RTI) approved plans for this parcel, outlining a meticulously designed residence spanning approximately 5,268 square feet. Boasting 5 bedrooms, 5.5 bathrooms, and a dedicated media room/theatre, this home is poised to exceed even the most discerning buyer's expectations. Of particular note is the kitchen layout, featuring a "dirty kitchen" equipped with gas appliances, ensuring both functionality and convenience for culinary enthusiasts. Additionally, the property includes a spacious 799 square foot ADU complete with a rooftop terrace, offering versatile living arrangements or potential rental income.While the current home has undergone partial updates, including a new kitchen, bathrooms, and wood flooring, there remains ample opportunity for further customization and enhancement.Situated in the prestigious Encino Hills neighborhood, this property promises a blend of sophistication and investment potential that is sure to capture the attention of your clients.We invite you to explore this remarkable opportunity further and encourage your clients to schedule a viewing to witness the full potential of this exceptional offering.
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