Welcome to this incredible opportunity in the heart of a sought-after Encino neighborhood! This approximately 4700 sq. ft. home on an almost 1/3 acre lot is a major fixer-upper with tremendous potential, awaiting your vision to transform it into a dream home. Situated in the desirable Hesby-Oaks K-8 Charter School district, this two-story Santa Fe style residence is close to Ventura Boulevard shopping, restaurants, and houses of worship, offering a convenient and vibrant lifestyle. As you approach, you'll notice the walled-in front that can be easily gated, providing both security and privacy. The potential to update and modernize this home is evident, making it an ideal canvas for those with a creative touch. The property boasts a spacious main level featuring a two-story entry with a skylight, creating a bright and welcoming atmosphere. The living room impresses with high ceilings and a fireplace, setting the stage for elegant entertaining. The formal dining room adds a touch of sophistication, and the open kitchen, seamlessly connected to the family room, provides a perfect setting for both daily living and entertaining. For added convenience, an elevator enhances accessibility within the home. The main level also features an ensuite bedroom, offering flexibility for guests or multi-generational living. Upstairs, discover three spacious ensuite bedrooms, each providing comfort and privacy. Additionally, there's a dedicated office/study space, perfect for those who work from home or need a quiet retreat. The primary suite is a generous space that includes two large walk-in closets and a separate office/gym area. This thoughtful design caters to modern living, providing both comfort and functionality. A dedicated laundry room completes the upstairs. Stepping outside, the backyard is an oasis waiting to be revitalized. A pool invites you to cool off during warm days, while a guest house with a ¾ bathroom provide versatile options for hosting visitors, creating a home office, or accommodating extended family. With its great location, size, and potential, this property is a rare find in a highly desirable neighborhood. Bring your imagination and turn this major fixer-upper into the home of your dreams, enjoying the best of Southern California living.