
Studio City, California 91604
This Modern Spanish Sanctuary in Fryman Canyon Estates represents a High-Potential Investment Opportunity, listed at $5,295,000—positioned well below the $6,013,563 Fair Market Value by 11%. This valuation gap provides $718,563 in Instant Equity. Boasting a High-End Condition Rating, the one-acre gated estate features a modern chef’s kitchen, sparkling pool, and panoramic canyon views. With access to top-rated schools like Warner Avenue Elementary (9/10), this retreat perfectly serves Entertainment Professionals or Owner-Occupants seeking elite privacy and immediate asset appreciation.
Property is new construction or fully renovated.
Although originally built in 1972, the property has undergone extensive high-end renovations within the last 5 years. The interior features a modern chef's kitchen with integrated appliances, updated spa-like bathrooms including a primary suite with a steam shower, and contemporary polished concrete flooring. The architectural updates, such as the soaring ceilings and expansive windows, meet current luxury standards with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46304, living area = 4638.
Elementary School: Warner Avenue Elementary School (9/10).
Situated on a rare one-acre lot within the prestigious Fryman Canyon Estates, this gated sanctuary offers unparalleled seclusion at the end of a hidden cul-de-sac, providing a true 'disappear from the world' experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4638, other record living area = 3878. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
While the property is near high-performing elementary schools, the assigned middle and high schools have significantly lower ratings, which may be a drawback for families prioritizing public education.
The expansive one-acre hillside lot and 1970s-era construction may necessitate higher-than-average ongoing costs for specialized landscaping, drainage management, and structural vigilance.
So utterly private, you disappear from the world as you drive up to your sanctuary in this hidden cul-de-sac in Studio City's prestigious Fryman Canyon estates. Behind gates and up a long private driveway, this is modern Spanish architecture with authenticity and restraint. One acre of private hillside grounds: secluded, elevated, and remarkably quiet. Located in one of the city's most sought-after neighborhoods, with some of the best hiking trails right outside your backyard, it blends natural serenity with easy access to Studio City's trendy restaurants, CBS/Warner Bros, Netflix and Universal, and the hip nightlife of Hollywood and the Sunset Strip. Classic Spanish character meets thoughtful updates. Brick detailing, sculptural arches and wood-burning fireplaces provide warmth and permanence, while polished concrete floors and thoughtful updates bring a contemporary edge. A dramatic two-story foyer sets a confident architectural tone from the moment you enter. The formal dining room overlooks the sparkling pool and lush layered landscaping. The kitchen anchors the home with direct access to the Great Room and outdoor entertaining areas. A nearby office or flex space offers versatility without interrupting flow. Upstairs, the bedrooms feel light-filled and elevated, with treetop views and a sense of retreat. The primary suite is generous and private, featuring a spa-like bath with steam shower, dual vanities and substantial closet space. An en suite guest bedroom offers privacy, while two additional bedrooms share a remodeled Jack-and-Jill bath. The upstairs family room is magical soaring ceilings and expansive windows surround you with treetop views and the quiet of the hillside. You are a creative artist and you immediately respond to how different this house is from anything else. The upstairs family room is the architectural standout with soaring ceilings, expansive windows and direct outdoor access framing canyon views. It's a rare volume suited equally for creative work, wellness, entertaining or quiet reflection. A beautiful retreat with scale, character and proximity. This is a rare opportunity to own a private, exceptional home in Fryman Canyon Estates.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
Grades K-6 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 52% |
| Square foot | 4,638 | 2,571 | 86% |
| Lot Size | 46,304 | 8,549 | 99% |
| Price | $5.29M | $2.33M | 91% |
| Price per sq ft | $1.1K | $950 | 77% |
| Built year | 1972 | 1956 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 162 | 5% |
Mar 5, 2026
$5,295,000
Initial Listing
Mar 1, 1996
$540,000
Public Record