$2,700,000

An Extraordinary Development Opportunity in the Heart of the Hollywood Hills! Discover the incredible potential of 1651 Marlay Drive, a hillside property perched above the legendary Sunset Strip, offering spectacular panoramic city views and an exceptional opportunity to create a luxury residence in one of Los Angeles' most prestigious neighborhoods. Just minutes from Hollywood's most iconic destinations, this property offers a prime location and tremendous potential for investors, developers, builders, and buyers looking to bring their vision to life. City records reflect approved permits for an extensive architectural redevelopment. The proposed design reimagines the existing residence as a stunning modern retreat featuring expansive living spaces, multiple bedrooms and bathrooms, elegant entertaining areas, a wine cellar, and seamless indoor-outdoor living. The plans also include a new swimming pool and resort-style outdoor spaces designed to capture the breathtaking hillside scenery and Los Angeles skyline. The proposed lower level offers additional luxury amenities, including a private lounge, nanny suite, sauna, steam room, and cold plunge. Please Note: The property has sustained significant water damage and requires extensive renovation and reconstruction. Buyers are encouraged to independently verify the status, scope, and validity of all plans and permits with the appropriate city departments. Opportunities offering this combination of location, views, privacy, and redevelopment potential are increasingly rare. 1651 Marlay Drive presents an exciting opportunity to transform an exceptional Hollywood Hills property into a spectacular luxury estate. Bring your architect, contractor, and imagination the possibilities are extraordinary!