3351 Coldwater Canyon Avenue, Studio City, California 91604, Studio City, 91604 - 3 bed, 3 bath

3351 Coldwater Canyon Avenue, Studio City, California 91604 home-pic-0
ACTIVE$2,995,000
3351 Coldwater Canyon Avenue, Studio City, California 91604
3Beds
3Baths
2,438Sqft
80,902Lot
Year Built
1933
Close
-
List price
$3M
Original List price
$3.5M
Price/Sqft
$1,228
HOA
-
Days on market
-
Sold On
-
MLS number
25500523
Home ConditionTear down
Features
Excellent View: City Lights, Hills, Mountain(s), Valley, Trees/Woods
Deck
Pool
Patio
ViewCity Lights,Hills,Mountain(s),Valley,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $3.00M(69th), sqft - 2438(50th), beds - 3(46th), baths - 3(50th).

Discover an exceptional opportunity to build or remodel a contemporary masterpiece on an expansive estate with romantic panoramic views. This future home is designed to offer 3,300 square feet of luxurious living space, featuring four bedroom suites and four and a half bathrooms. The proposed design showcases an open-concept main level, seamlessly integrating the living room, dining area, family lounge, & gourmet kitchen, all oriented to capture breathtaking city views from an expansive patio. The kitchen extends to a covered outdoor sitting area, perfect for al fresco dining and entertaining. The primary suite features a private deck overlooking the city, while a secondary suite on the main level includes a spacious walk-in closet. Both the upper and lower levels are envisioned to provide 1,000 square feet of open space each. The lower level is designed to feature two junior suites, each with a luxurious private bathroom, along with a laundry room and additional storage. A grand entertainment room opens directly to an infinity pool and a pool house, enhancing the home's resort-style ambiance. This estate spans an impressive 52,259-square-foot lot. A charming bridge over a seasonal creek enhances the park-like setting. This great potential to build a 13,000-square-foot estate this extraordinary vision presents a rare opportunity to create a one-of-a-kind luxury retreat. Renderings represent a proposed design home is not yet built. *** Included with the property are two additional parcels totaling 28,622 square feet, offering endless possibilities for customization and expansion that would allow an additional 5,000 square feet of living area on the two adjacent lots *** *APN: 2385-023-011: Consists of 52,259-square-foot lot, * * APN: 2385-023-012: Consists of 17,328-square-foot lot, * * * APN: 2385-023-013: Consists of 11,315 -square-foot lot. ******

Price History

Date
Event
Price
08/07/25
Price Change
$2,995,000
02/14/25
Listing
$3,500,000
Condition Rating
Tear down

The MLS description explicitly states, 'Renderings represent a proposed design home is not yet built,' indicating the property is being sold for its land and development potential. The existing structure, built in 1933, is shown only from the exterior in a dilapidated state, with no interior photos, strongly suggesting it is unlivable and requires demolition to make way for the proposed new construction.
Pros & Cons

Pros

Expansive Multi-Parcel Lot: Comprising three parcels totaling over 80,000 square feet, this property offers unparalleled space for a grand estate and future expansion possibilities.
Exceptional Panoramic Views: Boasts breathtaking city, hill, mountain, and valley views, a premium feature enhancing desirability and potential value.
Significant Development Potential: Presents a rare opportunity to build a custom luxury estate up to 13,000 square feet, allowing for a truly bespoke residence.
Detailed Proposed Luxury Design: Renderings and plans for a 3,300 square foot contemporary masterpiece with high-end features (infinity pool, gourmet kitchen) provide a clear vision for development.
Unique Natural Ambiance: Features like a charming bridge over a seasonal creek contribute to a private, park-like, resort-style setting.

Cons

Raw Land/Development Project: The property is essentially a development opportunity; the proposed home is not yet built, requiring substantial construction investment and time from the buyer.
Complex Project Management: Building a large custom estate involves significant architectural, permitting, and construction complexities, which may deter buyers seeking a move-in ready home.
High Total Investment Required: The current list price represents land value, with the total cost significantly increasing once the extensive construction of a luxury estate is factored in, limiting the buyer pool.

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