Nestled within a prime Tarzana location south of Ventura Boulevard, this gated two-story residence offers a blend of luxury and potential. Welcomed by a circular driveway, the double doors reveal a foyer adorned with gleaming hardwood floors and a dazzling crystal chandelier. The ambiance of warmth extends into the living room where a fireplace invites relaxation, with the adjacent formal dining room. Both rooms boast floor-to-ceiling windows that frame views of the lush rear yard. Throughout the home, one discovers exquisite stained and leaded glass windows, infusing each room with a captivating play of light and color. The kitchen, adorned with granite countertops and a central island, beckons culinary creativity. Dual-paneled family rooms cater to both entertainment and leisure, one featuring a fireplace and convenient wet bar. Completing the ground floor are a library, powder room and a laundry room for added convenience. Ascend the staircase (which has a chair-lift) to discover a spacious primary suite, boasting an oversized walk-in closet (formerly a bedroom), a balcony, and an opulent marble bathroom replete with dual vanities, a dressing table, a spa tub, and a rejuvenating steam shower. There are two additional bedrooms and a bathroom, with one bedroom currently serving as an office space. Outside, the private rear grounds evoke a tropical oasis, boasting a pool and spa, swaying palm trees, a covered patio, barbecue area, and a playful putting green, all sprawled across the expansive 18,055 sq. ft. lot. Whether envisioning a renovation to enhance its existing charm or envisioning a new estate, the potential of this property is as vast as the opportunities it presents.