Price Adjusted to $2,600,000! An exceptional opportunity to create a multigenerational family compound, private estate, income-producing property, boutique senior living community, or future development project on over 2.6 gated acres in Chatsworth. Designed by renowned architect Robert Byrd, the main residence offers timeless architectural charm and outstanding potential for updating and customization. A separate Carriage House with its own address provides flexibility for extended family, guests, or potential rental income. Architectural plans are available to convert the Carriage House into an approximately 1,200-square-foot, 2-bedroom, 2-bath ADU and expand the main residence by over 300 square feet. Previously issued permits have expired. The expansive, park-like grounds feature mature oak trees, a swimming pool, lighted tennis/pickleball/basketball court, detached garage with workshop, and three storage sheds. Developers and investors will appreciate the property's versatility. The property profile identifies it as a duplex, with potential opportunities for a lot split, additional development, or possible boutique senior living or residential care use, subject to applicable zoning, licensing, and approvals. Buyers to independently verify all permitted uses and development possibilities with the appropriate authorities. Rarely does a property offer this combination of acreage, privacy, architectural character, and versatility. Bring your vision and explore the possibilities of this unique Chatsworth estate!