Located in the heart of the Beverly Hills flats, this exceptional development opportunity comes complete with approved plans for a stunning transitional traditional home. Set on a prime .33-acre corner lot, the 2-story residence with detached guest house will feature 6 bedrooms, 9 baths and 7,720 SF of living space. Impeccably designed interiors showcase soaring ceilings and expansive living areas, including a sweeping great room lined with folding pocket doors for effortless indoor-outdoor entertaining. A light-filled gallery hallway leads to staff quarters, a media room and 3-car garage. Upstairs holds 3 ensuite bedrooms and incredible master suite with dual baths, showroom closets and large terrace. Resort-like grounds showcase a large swimming pool and spa, manicured lawns and loggias. This is a rare opportunity to build a home of unrivaled sophistication in a coveted location, one block from Hawthorne School and moments from the city's best shops, restaurants and entertainment.