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Los Angeles Home For Sale. A true Bel Air rarity and exceptional development opportunity, 11222 Bellagio Road offers one of the few remaining parcels capable of naturally supporting a residence that is both stately and romantic in scale. Encompassing apx. 25,470 square feet (.58 acres), the property currently includes apx. 15,000 square feet of flat land. A proposed retaining wall would expand the flat area by apx. 5,000 square feet, creating a total of around 20,000 square feet of level ground, ideal for a grand estate. Situated within the original 1927 plan for Bel Air, paved and laid out before Alphonzo Bell relinquished artistic control at the onset of the Great Depression, the property retains the enduring hallmarks of Bell's visionary design. This historic character continues to attract prestige and investment unmatched anywhere else in Los Angeles or the world. Located just 200 feet from what is arguably the most valuable private residence in America at 11101 Chalon Road, this parcel occupies an enviable position within the neighborhood. Architectural plans commissioned by the current owner for an apx. 8,594 square-foot residence underscore the unique development potential of the lot. Unlike many similarly scaled homes in Bel Air, Holmby Hills, or Beverly Hills, where rooms often face shaded side yards or imposing retaining walls, every room in the proposed design opens onto a sun-drenched backyard with scenic canyon and city views.