Description
Prime development opportunity in Studio City hills on an 11,000+ sq ft lot overlooking Weddington Golf and Tennis Club (future Harvard Westlake River Park). This property offers sweeping valley views and is within distance to Studio City's shops and restaurants. Located on a quiet residential street with no through traffic, it provides a serene setting. The seller has extensive plans for a unique approx. 4,000 sq ft, 5BD/4BA home featuring a rooftop backyard pool and elevator. Plans, surveys, and reports are available, with the seller addressing city comments before resubmission. The Geology and Soils Report is approved by the City Grading department. Estimated construction costs are $2M, with a potential property value of $4.5M+ upon completion. Ideal for visionary developers or investors, with seller open to partnership. Architectural renderings available.
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0BEDS
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0.26ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime development opportunity in Studio City hills on an 11,000+ sq ft lot overlooking Weddington Golf and Tennis Club (future Harvard Westlake River Park). This property offers sweeping valley views and is within distance to Studio City's shops and restaurants. Located on a quiet residential street with no through traffic, it provides a serene setting. The seller has extensive plans for a unique approx. 4,000 sq ft, 5BD/4BA home featuring a rooftop backyard pool and elevator. Plans, surveys, and reports are available, with the seller addressing city comments before resubmission. The Geology and Soils Report is approved by the City Grading department. Estimated construction costs are $2M, with a potential property value of $4.5M+ upon completion. Ideal for visionary developers or investors, with seller open to partnership. Architectural renderings available.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-17T00:27:18.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.