Asking Price: $6,195,000

Very rarely does a development opportunity that provides privacy, tranquility and panoramic views in the heart of Sunset Plaza present itself to the market. 1820 Rising Glen is that property. Set on a 52000+square-foot lot with both city and ocean views, this oasis features a sizable flat pad, R15 zoning, is exempt from any CC&R height restrictions, and offers limitless possibilities to any developer's imagination. Currently there is a move-in ready, mid-century modern home with three bedrooms and three bathrooms set up a gated driveway on this private promontory, with a spacious pool, a grassy backyard and motor court for four cars. This is a perfect opportunity for someone to rent out the house while obtaining permits to create an architectural masterpiece. Completely re-imagine the entire property, add a second story or just remodel the current structure, this property is a must see and a rare find.