NEW PRICE !!! An iconic, two-electric-gated estate presents an unparalleled urban paradise on a sprawling 12,530 sq. ft. lot., the LARGEST RESIDENTIAL LOT CURRENTLY AVAILABLE IN SHERMAN OAKS. Lush fruit trees and vibrant vegetation frame a stately horseshoe driveway with an additional exit path to a second gated backyard playground. The backyard showcases natural grass, a grape-covered veranda, and mature trees, all surrounding a redesigned outdoor living space with an oversized, classic Hollywood-style swimming pool. Shaded areas, a built-in BBQ, and a refrigeration station by the pool create the ultimate California outdoor living experience. The expansive yard offers more than enough space for a zoo, let alone pets and kids to roam freely. Two rear entrances into the main house provide direct access to the family room and primary suite. The primary suite features an expansive walk-in closet and a modern bathroom with contemporary finishes. At the heart of the home is an open kitchen with soaring in-beam ceilings, a fireplace-enriched dining room, and a fireplace family room, all awash in natural light, hardwood floors, and picturesque backyard views. The layout includes four bedrooms, two en suite bathrooms, and a full guest bathroom, all thoughtfully arranged to ensure privacy amid the playground-like surroundings. A detached, fully permitted 600 sq. ft. one-bedroom one-bathroom guest house offers extra income potential, additional living space, or an ideal home office. The 2-car high ceiling garage is another standout feature, with epoxy flooring, a large window, and an EV charger. It is a versatile space that can be repurposed as a home office or gym, especially with ample covered parking available elsewhere on the lot. The property is fully updated and modernized, with high-end appliances and premium craftsmanship. Unlike other homes in the Chandler Estates enclave, this estate is set back from the main street, ensuring a peaceful lifestyle within the Sherman Oaks city limits. Cherished by the same family for over 45 years since its purchase from the developer, this is truly a once-in-a-lifetime opportunity. The opportunity is ticking. Seize it while you can!