
Hidden Hills, California 91302
This Development-Ready Estate Site offers a strategic entry into Hidden Hills with a List Price of $5,999,999, reflecting a stable valuation at its $5,999,999 Fair Market Value. Currently holding a Condition Rating of 5, the property is a prime Value-Add Asset featuring 1.36 acres and HOA-approved plans for a 12,953-square-foot mansion with a 7-car garage. With existing infrastructure including a tennis court, guest house, and access to the 10/10 Oak Park High School, the site is primed for immediate transformation. This is an elite acquisition for Luxury Developers or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5255 Round Meadow Road Subject | $5,999,999* List Price | 5 | 4 | 6,375 | $941 | - |
A 5798 Penland Road Active | $4,675,000 List Price | 5 | 5 | 4,127 | $1,133 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, the property is primarily marketed as a development site with HOA-approved plans for a new 12,953-square-foot estate. The existing structure features dated 1960s-style finishes, wood-beamed ceilings, and exposed brick that show significant age. With a drained swimming pool and the owner ready to pull demolition permits, the home requires substantial rehabilitation to meet modern standards, though it remains marginally functional for leasing in its current state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59272, living area = 6375.
High School: Oak Park High School (10/10).
The property includes HOA-approved plans for a massive 12,953-square-foot estate with a 7-car garage, significantly reducing the lead time for new construction.
The swimming pool is currently drained and empty, and the existing 1961 structure requires 'cleaning up,' indicating potential neglect or immediate repair needs.
The property has undergone multiple price reductions from its original $6.45M listing, suggesting the market has been hesitant at previous price points.
While charming, the original 1961 construction and systems may not meet the expectations of modern luxury buyers without a full demolition or extensive renovation.
A rare find! This large, beautiful, 1.36 acre lot with a comfortable home, comes with plans that has H.O.A. approval for a new 12,953' home with a 7-car garage. The owner is ready to pull the demolition and grading permits to start the project. The lot features mature trees, good privacy, and a nice location for easy gate access in and out of Hidden Hills. The existing home can easily be cleaned up and lived in or leased (it was previously leased) if the new owner's want to keep to use personally or lease out prior to building. The existing 5 bed, 5 bath residence includes a guest house, barn, and tennis court. Paneled windows flood the home with natural light. Wood beamed ceiling with exposed brick accents add warmth & character to the chef's kitchen and dining area. The primary suite is complete with an arched wood ceiling, a brick fireplace, a retreat-like bath with a soaking tub, shower, dual sinks, and a view balcony all overlooking the expansive rear grounds. The backyard is spacious and perfect for entertaining and intimate family gatherings alike, with grassy yard, pool, spacious patio, circular driveway, and lots of off street parking. Caution: The swimming pool has been drained so it is currently empty.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 60% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 6,375 | 2,924.5 | 90% |
| Lot Size | 59,272 | 12,308.5 | 86% |
| Price | $6.00M | $1.97M | 90% |
| Price per sq ft | $941 | $715 | 83% |
| Built year | 1961 | 1987 | 5% |
| HOA | $0.25 | $202 | 44% |
| Days on market | 262 | 197 | 81% |
Jan 21, 2026
$5,999,999
$6,195,000
-3% Price Drop
Initial Listing
Dec 10, 2025
$6,195,000
$6,295,000
-2% Price Drop
Initial Listing
Oct 17, 2025
$6,295,000
$6,450,000
-2% Price Drop
Initial Listing
Aug 3, 2025
$6,450,000
Initial Listing