16999 Escalon Dr, Encino, CA 91436

**Attention Developers and Investors: Exceptional Development Opportunity in Encino Hills** We are thrilled to present an extraordinary opportunity for investors and developers alike in the highly coveted area of Encino Hills! This property offers the ideal canvas for constructing a new estate home with an Accessory Dwelling Unit (ADU) and rooftop terrace, showcasing the epitome of luxury living. The seller has secured Ready-To-Issue (RTI) approved plans for this parcel, outlining a meticulously designed residence spanning approximately 5,268 square feet. Boasting 5 bedrooms, 5.5 bathrooms, and a dedicated media room/theatre, this home is poised to exceed even the most discerning buyer's expectations. Of particular note is the kitchen layout, featuring a "dirty kitchen" equipped with gas appliances, ensuring both functionality and convenience for culinary enthusiasts. Additionally, the property includes a spacious 799 square foot ADU complete with a rooftop terrace, offering versatile living arrangements or potential rental income.While the current home has undergone partial updates, including a newer kitchen, bathrooms, and wood flooring, there remains ample opportunity for further customization and enhancement. Situated in the prestigious Encino Hills neighborhood, this property promises a blend of sophistication and investment potential that is sure to capture the attention of your clients. We invite you to explore this remarkable opportunity further and encourage your clients to schedule a viewing to witness the full potential of this exceptional offering.