10740 Wrightwood Lane, Studio City, California 91604, Studio City, 91604 - 3 bed, 3 bath

10740 Wrightwood Lane, Studio City, California 91604 home-pic-0
ACTIVE$3,249,000
10740 Wrightwood Lane, Studio City, California 91604
3Beds
3Baths
3,524Sqft
15,455Lot
Year Built
1965
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$922
HOA
-
Days on market
-
Sold On
-
MLS number
25504673
Home ConditionExcellent
Features
Good View: Hills, Mountain(s), Trees/Woods
Pool
Spa
Patio
ViewHills, Mountain(s), Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.25M(76th), sqft - 3524(69th), beds - 3(46th), baths - 3(50th).

Gated and private Mediterranean Estate showcases sprawling resort style grounds that are an entertainer's paradise featuring swimming pool, spa, outdoor kitchen, outdoor dining area for 10, Pilates studio, cabana & grassy yard. Nestled in the foothills of Studio City's coveted Wrightwood Estates, this elegant 3 bedroom & 3 bathroom + study offers 3,500sf of living space on an over 15,000sf lot. The great room sets the stage for grand scale hosting and boasts soaring vaulted ceilings, an expansive Chef's dream kitchen equipped with large prep island, stainless steel appliances, breakfast bar, pantry plus office nook, dining area with beautiful fireplace and adjacent library lined by custom built-in bookshelves. There are multiple living spaces to accommodate everything you could need under one roof. Lounge in the glass framed sunroom while overlooking the lush backyard oasis or cozy up in the family room to enjoy your favorite cinema. Spectacular primary suite spans the entire second floor including an oversized luxurious bathroom with separate shower and tub, two sitting areas, fireplace and walk-in closet secured by a vault door. Attached two car garage, gated parking, and security system complete this one of kind compound. Conveniently located near Universal City, Hollywood Bowl, Burbank Studios, Studio City world-class shopping and restaurants with easy freeway access. Can be offered fully furnished and turnkey ready.

Condition Rating
Excellent

Despite being built in 1965, this property has undergone an extensive and high-quality renovation, evident in the 'Chef's dream kitchen' with stainless steel appliances, large prep island, and modern finishes, as well as the 'oversized luxurious bathroom' featuring a freestanding tub and separate glass shower. All visible components, including flooring, light fixtures, and overall styling, appear new or virtually new, meeting current quality standards. The property is described as 'turnkey ready,' indicating no deferred maintenance and a move-in ready condition consistent with a recent, comprehensive renovation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15455, living area = 3524.
Exceptional Outdoor Entertainment: Sprawling resort-style grounds featuring a swimming pool, spa, outdoor kitchen, outdoor dining area for 10, Pilates studio, cabana, and grassy yard, ideal for lavish entertaining.
Luxurious Primary Suite: A spectacular, oversized primary suite spanning the entire second floor, complete with a luxurious bathroom, two sitting areas, fireplace, and a walk-in closet secured by a vault door.
Gourmet Chef's Kitchen: An expansive, well-equipped Chef's dream kitchen featuring a large prep island, stainless steel appliances, breakfast bar, pantry, and an integrated office nook.
Prime Gated Location: Situated in Studio City's coveted Wrightwood Estates, offering privacy, gated access, and convenient proximity to major studios, entertainment venues, world-class shopping, and easy freeway access.
Spacious & Versatile Living Areas: Features a grand great room with soaring vaulted ceilings, multiple distinct living spaces including a glass-framed sunroom and a dedicated family room, providing ample room for hosting and relaxation.

Cons

Significant Overpricing: The current listing price is substantially higher (27% above) the estimated property value, which may impact market competitiveness and buyer interest.
Property Age & Potential System Updates: Built in 1965, the property's age suggests potential for older core systems (e.g., HVAC, electrical, plumbing) that may require future upgrades, despite described cosmetic and kitchen enhancements.
Limited Bedroom Count: For a 3,500 sqft estate at this price point, having only 3 bedrooms (plus a study) might be considered limited by some buyers seeking more dedicated sleeping quarters.

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