Rare opportunity to acquire an exceptional property in one of Encino's most sought-after neighborhoods. Situated on an expansive approximately 35,000 sq. ft. lot, including roughly 11,000 sq. ft. of flat land, this property offers tremendous potential for developers, investors, builders, or end-users looking to create a custom estate. The existing approximately 3,500 sq. ft. residence is a major fixer and may be best suited as a tear-down, providing the perfect canvas for a new luxury development. Surrounded by prestigious multi-million-dollar homes, the oversized parcel offers privacy, space, and endless possibilities. The generous flat area can accommodate a substantial custom residence with room for a pool, guest house, outdoor entertaining areas, and other resort-style amenities, subject to buyer investigation and applicable approvals. Ideally located near premier shopping, dining, entertainment, and easy access to the Westside, this is a rare chance to secure a large estate-sized lot in a prime Encino location. Whether restoring, reimagining, or building new, the possibilities are truly exceptional. Property is being sold in its present "as-is" condition. Buyer to independently verify all information, including square footage, lot size, zoning, permits, and development potential.