A rare find! This large, beautiful, 1.36 acre lot with a home that needs updating, comes with plans that has H.O.A. approval for a new 12,953' home with a 7-car garage. The owner is ready to pull the demolition and grading permits to start the project. The lot features mature trees, good privacy, and a nice location for easy gate access in and out of Hidden Hills. The existing home can easily be cleaned up and lived in or leased (it was previously leased) if the new owner's want to keep to use personally or lease out prior to building. The existing 5 bed, 5 bath residence includes a guest house, barn, and tennis court. Paneled windows flood the home with natural light. Wood beamed ceiling with exposed brick accents add warmth & character to the chef's kitchen and dining area. The primary suite is complete with an arched wood ceiling, a brick fireplace, a retreat-like bath with a soaking tub, shower, dual sinks, and a view balcony all overlooking the expansive rear grounds. The backyard is spacious and perfect for entertaining and intimate family gatherings alike, with grassy yard, pool, spacious patio, circular driveway, and lots of off street parking. Caution: The swimming pool has been drained so it is currently empty.