Description
This project is a money-making opportunity. Start work immediately, renovating this unique and coveted single-story sprawling Spanish estate. The play here is to expand the one level 3100sf footprint by bringing the house out to meet the prevailing setbacks. The open center courtyard is ideal to enclose with an impressive soaring high-beam ceiling ala' Cliff May-style, and truly create a stunning masterpiece that yields a premium valuation above $1000/psf. The Underbuilt report (see documents folder) illustrates the maximum allowable square footage, but a 5000 sf+ house on this sized flat lot in this coveted area will attract a large pool of buyers, making it a profitable investment. Surrounded by mature trees and the world's best (and quietest) sound wall. Also compelling opportunity for an owner-user. Ample access to review the property, tour with architects and builders.
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2BEDS
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0.32ACRES
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3BATHS
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01/2 BATHS
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3,050SQFT
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$557$/SQFT
School Ratings & Info
Description
This project is a money-making opportunity. Start work immediately, renovating this unique and coveted single-story sprawling Spanish estate. The play here is to expand the one level 3100sf footprint by bringing the house out to meet the prevailing setbacks. The open center courtyard is ideal to enclose with an impressive soaring high-beam ceiling ala' Cliff May-style, and truly create a stunning masterpiece that yields a premium valuation above $1000/psf. The Underbuilt report (see documents folder) illustrates the maximum allowable square footage, but a 5000 sf+ house on this sized flat lot in this coveted area will attract a large pool of buyers, making it a profitable investment. Surrounded by mature trees and the world's best (and quietest) sound wall. Also compelling opportunity for an owner-user. Ample access to review the property, tour with architects and builders.
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Listing courtesy of Craig Knizek of The Agency: .