HUGE PRICE REDUCTION!!!! Remarkable opportunity to create a uniquely private, gated entertainer's estate on over an acre of grounds near the top of famed Runyon Canyon. Ideal for end-users or developers targeting the $10m+ range. Ample room for a large motor court, tennis court and new or existing pool. The site features towering trees, dual entry points and gentle slopes. Perfectly situated and convenient to Hollywood areas and the Valley (Studio City, Burbank, etc). Close proximity to hiking Runyon and Fryman Canyons. The existing home could be remodeled, retaining some of the vintage 1930's detailing. The main level consists of 3-bedrooms, an office, plus living, dining & kitchen. There is a bonus/game room on the lower level, as well as 2 additional bedroom suites. An enormous storage attic completes this very special property. Opportunities like this are rare.