4036 Sunswept Drive

Description

Prime development opportunity in Studio City hills on an 11,000+ sq ft lot overlooking Weddington Golf and Tennis Club (future Harvard Westlake River Park). This property offers sweeping valley views and is within distance to Studio City's shops and restaurants. Located on a quiet residential street with no through traffic, it provides a serene setting. The seller has extensive plans for a unique approx. 4,000 sq ft, 5BD/4BA home featuring a rooftop backyard pool and elevator. Plans, surveys, and reports are available, with the seller addressing city comments before resubmission. The Geology and Soils Report is approved by the City Grading department. Estimated construction costs are $2M, with a potential property value of $4.5M+ upon completion. Ideal for visionary developers or investors, with seller open to partnership. Architectural renderings available.

Listing information courtesy of: Cindy Lorimer, PLG Estates . *Based on information from the Association of REALTORS/Multiple Listing as of 10/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.