Welcome to an exceptional development opportunity for builders, investors or owner/users. Nestled on a sprawling 18,533 square foot flat lot in the picturesque hills of Sherman Oaks, this fabulous singe-story, mid-century residence is making its debut on the market after over six decades. This charming mid-century design house has hardwood floors throughout most of the home. A large eat-in kitchen flows seamlessly into the expansive living room, featuring an oversized stone fireplace and sliding glass doors that open to the pool and spacious backyard. Recent improvements include a new roof, HVAC system, plumbing and electrical panel within the last 5-10 years. There is direct access from the 2-car garage for added convenience. Ideal for families seeking top-tier education, as this is within the highly sought-after Roscomare School District. Close to the finest restaurants and shopping in Beverly Hills, Bel Air and The Valley. Conveniently accessible to the 405 and 101 freeways.