10061 Valley Spring Lane, Toluca Lake, California 91602, Toluca Lake, 91602 - 3 bed, 4 bath

10061 Valley Spring Lane, Toluca Lake, California 91602 home-pic-0

10061 Valley Spring Lane

Toluca Lake, California 91602

ACTIVE
CONDITION: FAIR
3Beds
4Baths
4,584Sq Ft
19,530Lot Size

Property Price

LIST PRICE$6,950,000

SUMMARY

Analysis of 10061 Valley Spring Lane, Toluca Lake, California 91602 is currently available with a list price of $6,950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Toluca Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1976, this property is well-maintained with high-end kitchen appliances (Sub-Zero style refrigerator, built-in oven/microwave). However, the kitchen cabinetry is a traditional wood style that appears dated, and the overall interior aesthetic, including light fixtures and staircase railing, reflects an older design. While functional and featuring desirable elements like hardwood flooring and crown molding, the property would require significant cosmetic updates to align with current modern tastes, placing it in the 'Fair' category.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19530, living area = 4584.

  • Great Schools

    Elementary School: Theodore Roosevelt Elementary School (9/10).

  • Exclusive Lakefront Access

    A rare opportunity to own one of only 34 exclusive residences with direct access to the private Toluca Lake, complete with a private boat dock for immediate water access.

CONSRISKS & DEFICIENCIES

  • Original Construction Year

    Built in 1976, while custom-designed, the property's age may imply that some systems or design elements could be dated and potentially require modern updates to align with current buyer preferences.

  • Significant Association Fee

    A substantial association fee of $4,700 adds a considerable ongoing cost to ownership, which potential buyers will need to factor into their budget.

  • Recent Price Reductions

    The property has undergone multiple price reductions from an initial $8.5M to $6.95M, suggesting potential overpricing or challenges in attracting buyers at higher price points.

About 10061 Valley Spring Lane

Exquisite Lakefront Retreat in Coveted Toluca Lake. A rare opportunity to own one of Toluca Lake's most distinguished properties one of only 34 exclusive residences with direct access to the private lake. Custom-designed and built in 1976, this spacious two-story home offers approximately 4,584 square feet of light-filled living space, thoughtfully designed for both comfort and elegant entertaining. Plus, an oversized 19,524 sq ft lot adds incredible outdoor living space perfect for relaxation, entertaining, or future enhancements. Walls of floor-to-ceiling glass and soaring ceilings flood the interiors with natural light, framing panoramic multi-directional views of Toluca Lake. The expansive living, dining, and kitchen areas flow seamlessly to a lakeside patio, ideal for indoor/outdoor entertaining. A stylish wet bar and dual walk-in pantries enhance functionality for hosting guests. The residence includes 3 generous bedrooms and 4 bathrooms, including a luxurious primary suite that commands broad second-story views of the lake. Enjoy your morning coffee or sunset wine on a private balcony, or relax in the spa-like ensuite featuring dual vanities, cedar-lined walk-in closets, a separate shower, and a private sauna. Just outside, a lakeside jacuzzi provides a tranquil spot to unwind while taking in the water views. Additional highlights include rich hardwood flooring throughout, elegant crown moulding, and a private boat dock offering immediate access to the lake. The expansive lot features mature trees and provides ample room to expand, add a pool, or build additional garages. This is lakefront living at its finest combining timeless design, exceptional views, and exclusive privacy in one of Los Angeles' most desirable neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1976
Lot Size
19,530 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$4700.0 / Month

Neighborhood Insights

Toluca Lake Unified Schools

Rio Vista Elementary School

Grades K-5 • 1.0 mi

7/10

R. L. Stevenson Elementary School

Grades K-5 • 1.1 mi

8/10

Toluca Lake Elementary School

Grades K-5 • 1.1 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.03.0
59%
Square foot4,5842,284.5
87%
Lot Size19,5307,944
91%
Price$6.95M$1.86M
93%
Price per sq ft$1.5K$925
93%
Built year19761939
80%
HOA$4700.0$0
93%
Days on market137180
26%

Pricing History

Listed for Sale

Jan 18, 2026

$6,950,000

$7,500,000

-7% Price Drop

Initial Listing

Price Change

Dec 27, 2025

$7,500,000

$8,500,000

-12% Price Drop

Initial Listing

Price Change

Oct 20, 2025

$8,500,000

Initial Listing

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