Description

Over $1,000,000 reduction from the original list price. The property was purchased in 2020 for $3.22m fully renovated, the sellers spent over $1.2m transforming the home, and on top of this added 500sft. That is $4.4m in cash, with an increase in value in 5 years, and adding 500 permitted sft of additional value (at a $1,000 per square foot, that's $500k of additional value on its own). The value is categorically obvious. This is a great opportunity, take advantage. Welcome to a stunning modern retreat in the heart of the Hollywood Hills. This designer-renovated residence, set on a rare half-acre lot, offers unparalleled privacy, a luxurious pool, and expansive panoramic views. Enjoy the convenience of being within a stones throw to the Mulholland Tennis Club as well as the prestigious Wonderland School. Spanning nearly 4,000 square feet, this home features five well-appointed bedrooms, blending contemporary elegance with mid-century influences. All the luxury touches are here after spending over $1.2m transforming the home. The chef's kitchen is inspired by Netflix's "Chef's Table" and boasts a grand stove, dual dishwashers, and a generous island. An adjacent dining room offers ample storage and includes multiple wine storing fridges. Eco-conscious elements enhance the home's appeal, with premium solar panels and backup batteries that significantly reduce energy costs. The master suite serves as a luxurious retreat, complete with a private balcony with steps to the pool. An upstairs wrap-around deck provides stunning vistas of the surrounding landscape including amazing views and sunsets. This property is designed for both relaxation and entertainment. The expansive backyard includes multiple seating and dining areas, a lush lawn, and an exceptional outdoor movie and sound experience with a private projector screen, perfect for hosting unforgettable gatherings. Situated at the end of a peaceful cul-de-sac in the sought-after Laurel Hills neighborhood, the home is surrounded by wide streets, sidewalks, and underground utilities. The nearby Mulholland Tennis Club offers not only tennis facilities but also a vibrant social scene. This remarkable home is a rare find, epitomizing luxury and comfort. It's an opportunity to own a dream residence that seamlessly marries modern design with functional living. Don't miss out on this extraordinary property, trust your instincts and make it yours.