Exceptional opportunity to renovate or redevelop in the highly sought-after Encino Hills within the coveted Lanai Road Elementary School attendance area. Set on an expansive 30,430-square-foot lot, the property enjoys beautiful views and a convenient location with easy access to Ventura Boulevard and scenic Mulholland Drive. The existing residence features four bedrooms, a bonus room with fireplace, two and a half bathrooms, and approximately 2,320 square feet of living space, offering an excellent opportunity to renovate, reimagine, expand, or create a custom estate. The lower portion of the lot may provide additional possibilities for a sports court, collector-car garage, guest house, main house expansion, or other amenities. Whether transformed through an extensive renovation or developed into a luxurious new residence, this distinctive view property presents tremendous potential in one of Encino’s most desirable neighborhoods. Being sold in strictly "as is" condition with no repairs or credit for repairs. PLEASE NOTE: some listing images have been digitally enhanced or virtually rendered, and certain objects or features may have been added or removed. These images are for illustrative purposes only and may not reflect the property’s current condition. Any images depicting renovations, new construction, or potential improvements are conceptual only and do not represent approved plans or guaranteed development possibilities.