Description

One of the true Bel-Air parcels which can naturally support a sprawling residence equally stately and romantic, 11222 Bellagio Road is a rare development opportunity. The lot is 25,470 SF (.58 acres), 15,000 SF of which is completely flat today. A proposed retaining wall will add another approx. 5,000 SF of flat land bringing the total to approx. 20,000 SF. The property sits within the 1927 plan for Bel-Air, paved and situated before Alphonzo Bell relinquished artistic control of Bel-Air at the beginning of the Great Depression. Today the virtues of Bell's design for this part of Bel-Air continue to draw prestige and investment unparalleled elsewhere in Los Angeles, and the world. Two-hundred feet from 11222 Bellagio rises arguably the most valuable residence in America at 11101 Chalon Road. Designs commissioned by the seller for a new 8,594 SF house attest to the quality of this parcel of land. While many new houses of such size in Bel-Air, Holmby Hills or Beverly Hills result in rooms facing dark side yards, retaining walls, etc., all the rooms in the planned estate on this lot open onto the sunny backyard and its views.