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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$5,450,000

Est. payment - /mo

3 Beds

3 Baths

10,842 Sqft Lot

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UPDATED:

02/20/2025 06:43 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24455909

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1941

Lot Size 10,842 Sqft

Property Sub-Type Single Family Residence

Property Description

A once-in-a-lifetime development opportunity in one of Los Angeles' most sought-after neighborhoods-Toluca Lake. Situated on a peaceful cul-de-sac, this rare lakefront property comes with RTI-approved plans for a spectacular 7,000-square-foot luxury estate, making it an exclusive opportunity for investors, developers, builders and end users looking to create an architectural masterpiece with high-return potential. Designed for unparalleled sophistication and comfort, the plans feature an elevator, infinity-edge pool, state-of-the-art home theater, and an expansive game room, all oriented to maximize breathtaking views of Toluca Lake and the San Gabriel Mountains. The estate seamlessly combines contemporary elegance with timeless luxury, creating an extraordinary living experience in one of LA's most exclusive enclaves. Located just steps from the private entrance of the prestigious Toluca Lake Golf Club, this property offers privacy, prestige, and investment potential - a perfect opportunity for those looking to build, sell, or hold for exceptional returns. With its celebrity appeal, world-class location, and thoughtfully designed blueprint, this is more than just a development - it's a rare chance to craft an iconic Los Angeles estate. Images provided are conceptual renderings. Don't miss this unmatched opportunity to build a dream home in an irreplaceable location!

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LAR1

Interior

Interior Features Separate/Formal Dining Room, Walk-In Pantry

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Family Room

Furnishings Unfurnished

Fireplace Yes

Appliance Barbecue

Exterior

Parking Features Door-Multi, Garage

Pool Infinity

View Y/N Yes

View Golf Course, Hills, Lake

Total Parking Spaces 2

Building

Faces South

Story 2

Entry Level Two

Architectural Style Cape Cod

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2424036020

Special Listing Condition Standard

Read Less Info

Listed by Donovan Healey • Coldwell Banker Realty

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10037 Valley Spring LN Toluca Lake, CA 91602