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$5,875,000
MLS: GD26092151
Beds
7
Baths
7
Sq Ft
9,338
Lot
2.24 ac
Year Built
1977
MLS #
GD26092151
Days on Market
6
Listed
Apr 28, 2026
Description
Extraordinary development opportunity in one of Glendale’s most desirable hillside neighborhoods. Situated on an approximately 2.24-acre combined lot, the property currently includes an existing 4,219 sq. ft. 4 bed/3 bath two-story home (tenant-occupied), which can provide interim income or be utilized during the planning phase. This offering is for land with plans—not a completed new construction. The sale includes fully approved design review plans for a Neoclassical-inspired estate totaling approximately 9,338 sq. ft. (to be built), featuring 7 bedrooms, 6.5 baths, and over 1,300 sq. ft. of covered outdoor living space. The proposed design also incorporates a detached five-car garage, along with a pool, spa, and sunken lounge area, all thoughtfully oriented to capture panoramic views. All major design milestones have been completed, with RTI (Ready-to-Issue) permits expected shortly, presenting a rare near shovel-ready opportunity to develop a signature luxury estate in Glendale.
Location
Glendale, Los Angeles County, CA 91202
Open on Google Maps ↗Listed by: Arthur Ambarchyan · Keller Williams R. E. Services
Payment estimate
$42,078
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $587,500 · Loan: $5,287,500
- Principal & Interest
- $33,455
- Property tax (1.25%)
- $6,120
- Homeowners insurance
- $300
- Mortgage insurance
- $2,203
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 Glendale home with as little as 3.5% down using an FHA loan — roughly $205,625 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.
Local Market Stats
See Glendale, CA 91202 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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