RARE one acre flat parcel in the desirable Melody Acres neighborhood of Tarzana! This EXCEPTIONAL estate property is ripe for renovation giving you the opportunity to develop your own private compound and restore this manor to its former glory. Situated behind a private gate, the circular driveway leads to the main single-story home. Leaded and beveled glass formal entry door greets you. Granite counters and a half bath adjacent to kitchen/utility room. A skylight in the family room and raised stone fireplace. Slider to outside patio with overhead patio cover across the back of the house. Additionally, there is a pool & pool house, gazebo with an above ground spa, two separate guest houses and north/south tennis court which is in need of resurfacing and equipment. One of the guest houses is an A-Frame cabin with wood beamed ceilings, kitchen and bath. There are stables, shed and 2-car detached garage. Conveniently located near The Village, Warner Center, trendy restaurants, Topanga shopping malls and Universal studios. Country feel in the middle of all the best amenities of city living. Excellent development or investor opportunity. Call for an appointment today to preview this property.