Exceptional opportunity to own a 3 bed, 2 bath home 1764 sqft with a separate studio with a full bath 432 sqft. and a 2-car garage on a 10,202 square foot lot in a prime Lake Balboa location! This sprawling residence is nestled in a coveted Encino-adjacent section of Lake Balboa, offering a rare blend of comfort, privacy, and convenience. Upon entering, you're greeted by a spacious living environment, complemented by tasteful finishes and natural light. The home features three generously sized bedrooms, each offering ample closet space. The oversized primary suite is a true sanctuary, with an extra-large space for a gym, home office, or a 4th bedroom. The attached bathroom is elegantly appointed with modern fixtures and a tub. The well-laid-out kitchen is ready for your personal touch, featuring sleek countertops, stainless steel appliances, and plenty of cabinet space for storage. A standout feature of this home is a large separate studio with a kitchenette and a private entrance, perfect for guests, extended family, or as a potential rental opportunity. Additionally, you have a separate 2-car garage. Outside, the property spans a large 10,199 square foot lot, offering abundant space for outdoor activities, entertaining, and potential expansion. Tons of parking in the gated property ensure convenience and security. Located in a highly desirable area adjacent to Encino, residents enjoy easy access to top-rated schools, fine dining, shopping, and entertainment options. This property presents a rare opportunity to own a retreat in one of Los Angeles' most sought-after neighborhoods with easy access to local freeways.