Gracefully set back from the street with an expansive front lawn in a peaceful Tarzana pocket south of Ventura Boulevard, this charming single-story Ranch home offers a rare blend of tranquility, space, and opportunity. Set on a sprawling 17,859 sq ft flat lot on a street that ends in a cul-de-sac, the property feels like a peaceful retreat while remaining just moments from shops, dining, and everyday conveniences. First time on the market in over 50 years, this classic mid-century residence features 3 generously sized bedrooms and 2 bathrooms. The light-filled interior showcases original hardwood floors, wood cabinetry, and timeless architectural details throughout. A spacious living room with a double-sided fireplace opens to the backyard, creating an ideal flow for indoor-outdoor entertaining, while the adjacent den or TV room offers flexibility for a home office or additional living space. The galley kitchen includes a charming breakfast nook framed by natural light, perfect for casual meals, along with a separate laundry room for added convenience. Outdoors, the massive yard is dotted with mature trees, including lemon and orange, and offers endless possibilities for expansion, recreation, or customization. Adding to the property's appeal is a substantial attached unfinished space with soaring cathedral ceilings and existing plumbing for a potential bathroom. This versatile structure presents an exceptional opportunity for conversion into an ADU, guest suite, studio, or expanded living area, offering significant upside for both owner-users and investors. Whether you're looking to renovate, expand, or create income-producing space, the flat lot and flexible layout offer endless potential, making this a rare opportunity in a highly sought-after neighborhood.