
Los Angeles, California 90068
This Classic Hollywood Hills Estate is listed at $3,295,000, representing a stable valuation for a premier asset near its $3,178,727 Fair Market Value. Boasting a Condition Rating of 4, the residence offers a rare 22,625 Sq Ft Flat Lot—a significant rarity providing a private, park-like sanctuary above Lake Hollywood. Residents enjoy iconic views of the Hollywood Sign and Griffith Park Observatory alongside a sun-drenched pool and timeless interiors. Located near top-rated schools like Valley View Elementary, this property offers an unmatched lifestyle. It is a perfect match for Luxury Homeowners or Owner-Occupants seeking a generational retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3314 Wonder View Drive Subject | $3,250,000* List Price | 4 | 4 | 3,231 | $979 | - |
A 3203 Tareco Drive Sold | $2,700,000 | 4 | 3 | 2,712 | $996 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1954 home that shows pride of ownership but remains largely dated. While the primary suite features a 'spa-like' update, the presence of 'vintage-tiled' bathrooms and a kitchen described as 'cheerful' rather than modern indicates the home has not undergone a full high-end renovation in recent years. The polished hardwood floors and crown moldings are in good condition, but the overall style and systems likely require modernization to meet current luxury standards for the area.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22625, living area = 3231.
The property boasts an exceptional location above the Lake Hollywood Reservoir, offering rare and unobstructed views of the Hollywood Sign, Griffith Park Observatory, and the city skyline.
A 22,625 square foot flat lot is a significant rarity in the Hollywood Hills, providing a private, park-like setting with a sun-drenched pool and ample space for large-scale entertaining.
With mentions of vintage-tiled baths and a 1950s layout, the interior likely requires significant capital investment to update the kitchen and bathrooms to contemporary luxury standards.
A recent $100,000 price reduction and the property's time on market suggest that the initial pricing may have been aggressive relative to the home's current condition and buyer expectations.
Up a private drive, this warm & inviting classic two-story home resides on a generous, flat parcel in an exclusive, park-like setting above the Lake Hollywood Reservoir. Cherished by the same meticulous owners for more than 40 years, the property offers a rare combination of privacy, space & a connection to nature from a remarkably convenient location. Filled with natural light, the interiors convey a timeless sensibility through polished hardwood floors and classic crown moldings while French doors and windows welcome in sunshine & fresh afternoon breezes. Mature landscaping and lush greenery frame a series of outdoor spaces equally suited for quiet reflection or large-scale entertaining. Mornings begin on the primary suite balcony as the sun rises over Griffith Park and the city skyline, illuminating the Hollywood Sign and Griffith Park Observatory while deer occasionally graze on the open pasture below. Evenings unwind on the charming brick patio surrounding the sun-drenched pool where sunsets soften into the silhouette of the Hollywood Hills. The main level features a grand living room with fireplace, a formal dining room, a cheerful eat-in kitchen with ample counter space and a paneled den or optional fourth bedroom with its own fireplace. Upstairs, the home offers a spacious second bedroom with built-ins, a vintage-tiled bath, a third en-suite bedroom with balcony, and a sumptuous primary suite with soaring pitched ceilings, fireplace, walk-in closet, spa-like bath and a balcony that captures those sweeping views. A separate storage room with its own entrance off the attached two-car garage offers flexibility as a home office or gym. With a daily rhythm that feels remarkably peaceful and restorative, it's easy to forget that major studios, Hollywood, and downtown Los Angeles are just minutes away.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 2.0 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 3,231 | 2,402.5 | 75% |
| Lot Size | 22,625 | 7,163.5 | 95% |
| Price | $3.25M | $2.00M | 84% |
| Price per sq ft | $1.0K | $891 | 70% |
| Built year | 1954 | 1949 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 196 | 21% |
Mar 22, 2026
$3,250,000
$3,295,000
-1% Price Drop
Initial Listing
Mar 6, 2026
$3,295,000
$3,395,000
-3% Price Drop
Initial Listing
Feb 14, 2026
$3,395,000
$3,495,000
-3% Price Drop
Initial Listing
Jan 6, 2026
$3,495,000
Initial Listing