Opportunities like this simply don't come around in the San Fernando Valley anymore. Set on an extraordinary 17,444 square foot flat lot in the heart of Granada Hills, this classic California Ranch home offers the rare combination of a beautifully updated residence and one of the most compelling development opportunities available at this price point in Los Angeles County. As the aerial photos make abundantly clear, the backyard is massive stretching far beyond what any street-level view can capture. Fully enclosed with block wall fencing and completely flat, it offers a blank canvas of almost unimaginable scale for this neighborhood. Build a second home. Add an ADU. Put in a pool. Do all three. With California's current ADU-friendly legislation making it easier than ever to add income-producing units to residential lots, this property is positioned to be far more than just a place to live it's a long-term wealth-building asset. The home itself is warm, updated, and move-in ready. Rich hardwood floors flow throughout the main living areas, and the open layout connects a spacious living room anchored by a dramatic stacked stone fireplace to a formal dining area and one of the best kitchens you'll find at this price in Granada Hills. The chef's kitchen features custom cream cabinetry with glass accents, granite countertops, a designer arabesque tile backsplash, a professional-grade gas range, a built-in wall oven, and stainless steel appliances. It's the kind of kitchen families actually cook in and guests gather around. The generous primary suite includes a private en-suite bathroom with dual sinks, granite countertops, custom cabinetry, and a floor-to-ceiling travertine walk-in shower. Two additional well-sized bedrooms each feature ceiling fans and closets, while a bonus loft space accessible via interior staircase adds additional square footage perfect for a playroom, creative studio, or overflow sleeping area. A separate family room with French doors opens di