Rare Opportunity in a Desirable Studio City Location with Stunning Mountain Views. In the highly sought-after Studio City neighborhood above the Blvd., 11428 Dona Pegita Dr. offers stunning mountain views and approved plans for a modern transformation. This property sits on a flat lot nestled into the hillside, providing privacy and scenic surroundings. The approved plans showcase a complete interior remodel featuring a spacious open-concept kitchen and dining area, perfect for entertaining. Luxurious additions like a wine cellar and double-sided fireplace enhance the ambiance. The home retains its 4-bedroom layout with 3.5 updated bathrooms, ensuring plenty of space and comfort. Outdoors, the design includes a sleek knife-edge pool and spa, offering a serene and luxurious environment. Whether the goal is creating a dream home or leveraging a high-demand market, this property holds immense potential for growth and investment in one of Studio City s most coveted areas. A rare find you won t want to miss!