Once the home of entertainment legend, Garry Shandling, and his renowned basketball game, this nearly 50,000 sq ft estate lot is on the open market for the first time in more than 25 years. At the end of a coveted 9-house cul-de-sac and boasting staggering ocean views and a park-like setting with incredible mature foliage, this magical property provides the ultimate in security, privacy and serenity. The current owners were building the home of their dreams, but, due to personal circumstances, have elected to not build; this is not a developer trying to profit without building. Current LA City approved plans (with paid permits) are for a nearly 9,000 sq ft structure. The slope band analysis indicates you can build 13,950 sq ft PLUS whatever is allowed for basement. This is a one-of-a-kind opportunity to build your forever home or to develop as a spec house.
Listing provided courtesy of The Agency, Billy Rose BRE#01302611.