Rare ground-up development opportunity with views of Los Angeles and the surrounding canyons. Set within a gated and private setting, this approximately 0.61-acre parcel offers direct frontage on Mulholland Terrace and is currently improved with only a gravel pad, providing a clean canvas for a builder, developer, investor, or end user looking to create a custom estate. Development potential includes an approximately 6,500-square-foot, two-story single-family residence with an attached JADU, plus a separate approximately 1,200-square-foot one- or two-story ADU. An exceptional opportunity to build from the ground up in a private hillside setting with expansive city and canyon views.