Rare fixer opportunity in the prestigious gated community of Bixby Hill. This expansive 4,612 square foot home on a 10,000+ square foot lot offers significant upside whether you are a homeowner searching for large square footage or an investor searching for your next opportunity. The spacious main level welcomes you with a formal entry, living room, dining room, kitchen, great room and a versatile bonus room/den. Adjacent to a full bathroom, the bonus room offers an opportunity to create a private ground floor primary suite with direct access to the rear patio. A separate laundry room, powder room and 3 car garage completes the main level. The 2nd floor offers an impressive primary suite with walk-in closet, and balcony overlooking Bixby Hill. There are two additional bedrooms, a bathroom and an enormous bonus area with a full wall of windows overlooking the valley. This space could be reconfigured to accommodate an additional bedroom, game room or theater room.