Presenting an extraordinary Ready-To-Issue (RTI) development opportunity on a generous 13,272 sq ft lot, nestled in one of Encino's most sought-after neighborhoods. This rare offering comes with fully approved plans for a future breathtaking modern farmhouse, expertly designed with over 6,500 sq ft of refined living space including a spacious, private ADU with it's own separate address. Crafted for the most discerning buyer, the residence features soaring 14-foot ceilings, 5 opulent bedrooms, 7 luxurious bathrooms, a private office, dual state-of-the-art chef's kitchens, and a custom-designed home theater. Seamless indoor-outdoor living awaits with a resort-style backyard showcasing a designer pool and spa, complete with dual 18" Baja shelves ideal for elevated entertaining and serene relaxation. This is a rare chance to create a one-of-a-kind estate in one of the San Fernando Valley's most prestigious enclaves with the RTI plans or an opportunity to design their own dream home. A true gem for visionary developers or end-users seeking to bring their home ideas to life. Existing home is currently leased. Month to Month Tenant in place. Please do not disturb tenant.