3238 Canyon Lake Drive
Los Angeles, CA, 90068
(No pictures available yet)
$3,200,000
MLS: 26829317
Beds
4
Baths
5
Sq Ft
3,266
Lot
0.27 ac
Year Built
1965
MLS #
26829317
Days on Market
8
Listed
May 4, 2026
Description
Under the Hollywood Sign in Lake Hollywood Estates, this single-level modern home turns one of Los Angeles' most photographed landmarks into a private daily backdrop. Set on nearly 12,000 square feet of grounds, the residence pairs open, light-filled interiors with resort-style outdoor living, including a pool, spa, built-in BBQ, fire pit and calm canyon views. Inside, soaring ceilings and broad sightlines create an immediate sense of volume and ease. The expansive great room anchors the home, bringing together living, dining and entertaining spaces in a layout designed for connection, comfort and everyday flow. Walls of sliding glass open wide to the backyard, extending the living space outdoors and framing the canyon and landmark views beyond. The outdoor spaces feel generous, usable and complete, with multiple areas for lounging, dining, swimming and gathering by the fire. Lush landscaping and a charming herb garden add softness and texture, making the grounds feel both polished and personal. Adding another layer to the property's potential, the roof offers exceptional views over Lake Hollywood, the reservoir, surrounding hillsides and the Hollywood Sign. It provides a compelling glimpse of what a thoughtfully conceived second level could capture, expanding the home's relationship to its iconic setting. Four large en suite bedrooms offer uncommon scale and privacy for a single-story home. Each bedroom feels like its own retreat, while a well-appointed guest bath, laundry room and everyday conveniences support the home's easy livability. Finished with a refined modern sensibility, the residence balances iconic Los Angeles setting with everyday comfort and calm. Moments from Lake Hollywood Park, the Lake Hollywood Reservoir loop, major studios, Hollywood, Burbank and the 101, this is a rare Lake Hollywood Estates offering: a private modern retreat beneath the city's most iconic landmark.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Anne Burkin · Compass
Payment estimate
$23,056
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $320,000 · Loan: $2,880,000
- Principal & Interest
- $18,223
- Property tax (1.25%)
- $3,333
- Homeowners insurance
- $300
- Mortgage insurance
- $1,200
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $112,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90068 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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