Westside Estate Agency Lists Rare “Blank Canvas” in the Exclusive Holmby Hills Neighborhood
Torrance, CA – September 14, 2012 – (RealEstateRama) — Westside Estate Agency (http://www.weahomes.com) has listed more than two acres of luxury property in the heart of Los Angeles’ exclusive Holmby Hills neighborhood for $19,995,000.
Located in a park-like setting at 320 N. Carolwood, the property’s 2.15 acres are flat and entirely usable for new construction. They offer enormous design potential to a new owner.
“A vacant property of this size and exclusive location rarely presents itself. It’s literally a blank canvas waiting for a new owner to build one of the finest estates in Los Angeles,” said WEA chairman Stephen Shapiro, a 35-year veteran of the Los Angeles luxury marketplace.
The property, which is situated at the corner of Carolwood and Hanover Drive, is the former site of a seven-bedroom home once owned by Frank Sinatra. Since the house’s outdated design – low ceilings and small bedrooms – and poor placement on the property failed to convey the land’s true potential, the property was razed and returned to its pristine condition.
The grounds are surrounded by mature trees that offer total privacy and complement the new owner’s design vision.
“This is the ideal property for a high-end buyer who wants to make their own design statement in a community filled with incomparable homes,” Shapiro added. “This is an architect’s dream.”
All showings are by appointment only to pre-approved buyers. To learn more about the property, visit http://www.weahomes.com/listing/320carolwood/ or contact Shapiro at (310) 860-8888.
About Westside Estate Agency
Based in Beverly Hills with offices in Malibu, Westside Estate Agency, a premier luxury real estate agency was founded by market veterans Stephen Shapiro and Kurt Rappaport. Established in 1998, today the firm has over 80 agents serving the Westside area through Malibu. For more information please visit http://www.weahomes.com
