Description
**Price Reduction Alert: $300,000 Off! Seller Motivated!** Located south of Ventura Boulevard on Escalon Drive, this turn-key home sits on a rare large, flat lot. Designed by renowned Modernist architect Don Saxon Palmer, the first floor features two spacious rooms perfect for entertaining. One side boasts an updated kitchen with Carrera marble countertops, high-end stainless steel appliances, a walk-in pantry, dining/family area, and a guest bathroom. The other side includes a formal living and office space. The backyard, surrounded by mature fruit trees, offers ample space for a pool and an additional flat pad ideal for an ADU. Upstairs, there are three en-suite bedrooms with remodeled marble bathrooms and custom closets. Other amenities include dual AC units, upstairs laundry, an alarm system, and a two-car garage. This home is in the Lanai Road Elementary School district and provides easy access to the Westside and Ventura Boulevard's restaurants and shopping. **Exceptional Development Opportunity in Encino Hills - $1,995,000** Investors and developers, don't miss this chance to build a new estate home with an ADU and rooftop terrace in Encino Hills! The property comes with Ready-To-Issue (RTI) approved plans for a 5,268 sq. ft. residence featuring 5 bedrooms, 5.5 bathrooms, a media room/theatre, and a functional dirty kitchen with gas appliances. The 799 sq. ft. ADU with a rooftop terrace offers versatile living options or potential rental income. The existing home has partial updates including a new kitchen, bathrooms, and wood flooring, with room for further customization. Schedule a viewing to explore this remarkable investment opportunity.
