List Price: $29M

Listing Status: Active

Days on Market: 1

0 Bedrooms · 0 Bathrooms

Property Type: Land

Lot Size: 695,845 sq ft

Annual Property Tax: $69,000

MLS Number: PW26207675

About This Property

A potential MANSION-on-the-MOUNTAIN!!! Imagine constructing your CASTLE on a hill top that has 360-degree vistas, including uninterrupted views of Downtown L.A., Mt. San Antonio, Mt. San Gorgonio, Mt. San Jacinto, and the San Gabriel Mountains. Your Mountain MANOR would sit on more than 38 ACRES of green rolling hills, with private drives, leading up to your elegant and Secluded Sanctuary, a location that would capture admiring and envious looks from everyone. Envision an ESTATE that could be created and construction on the Crest of Ascot Hill, or the development of Hacienda El Sereno, on the very large Rancho El Sereno, a property consisting of more than 1,657,000 sq. ft. of land area, with almost every square inch offering views of the undeveloped vacant land. These 2 huge land parcels have been ‘hidden’ in plain sight, waiting for a development equal to their worth. Offered exclusively by Wade Woodcock DRE #01375606, Keller Williams Pacific Estates, DRE # 01917184. This is truly a rare opportunity to possess the personal PALACE of your dreams, placed in the middle of Los Angeles. Referenced site is located within minutes of Downtown L.A., Chinatown, the Dodger Stadium, Griffith Park, Little Tokyo, L.A. Zoo, Rose Bowl, the Huntington Library, and a very short commute to most major area freeways, including the 5, 10, 101, 110 and the 710, along with major local Streets. Additional possible uses would include a Fantastic Filming Location, an Educational Campus, as a Sports Venue, Entertainment Park, a Memorial Park, or even subdivided into smaller [but still large] residential parcels for a new ‘high end’ luxury community. Very seldom do extremely large, undeveloped vacant land parcels of this quality become available for future development, especially where a dedicated visionary can place their mark on a major memorable project placed on the top of such a highly visible location, and change the skyline of Los Angeles forever. The property consists of rolling hills, flat areas, and some slope land, with countess viewpoints which offer solace, solitude and serenity. The lots appear to have never been previously developed, or even disturbed in any manner, but we urge all potential Buyers to conduct extensive Due Diligence and completely satisfy themselves that this pristine property properly meets their needs. Owner has limited or no knowledge of the property’s uses prior to their purchase.