10940 Terryview Drive, Studio City, California 91604, Studio City, 91604 - 5 bed, 7 bath

10940 Terryview Drive, Studio City, California 91604 home-pic-0

10940 Terryview Drive

Studio City, California 91604

ACTIVE
CONDITION: GOOD
5Beds
7Baths
5,288Sq Ft
16,629Lot Size

Property Price

LIST PRICE$3,788,000
EST. MARKET VALUE
$3,980,000
4% BelowMARKET VALUE

SUMMARY

Analysis of 10940 Terryview Drive, Studio City, California 91604 reveals a Prime Investment Opportunity with a current list price of $3,788,000—significantly undercutting the $3,980,000 Fair Market Value by 4%. This valuation gap indicates a +$192,000 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Studio City 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.

Estimated Market Value

$3,980,000 +$192,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Studio City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
10940 Terryview Drive
Subject
$3,788,000*
List Price
575,288$753-
A
11527 Dona Dolores
Active
$4,125,000
List Price
685,259$7840.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2005, this property is 19 years old, placing it within the 'Good' category's age range. The description highlights 'superlative style, high design' and a 'bespoke open concept culinary dream center' with 'state-of-the-art professional appliances,' which is supported by the images showing high-end, well-maintained kitchen and bathroom finishes. While the aesthetic leans towards a classic Spanish/Mediterranean luxury rather than a brand-new contemporary renovation, all components appear to be in excellent condition with minimal wear and tear, requiring no immediate updates. The property is clearly move-in ready and meticulously maintained.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Warner Avenue Elementary School (9/10).

  • Exceptional Views & Location

    Sited high in Studio City's acclaimed Wrightwood Estates, the property offers boundless, breathtaking panoramic views of mountains and city lights from a serene cul-de-sac, blending nature with urban proximity.

  • Timeless Architecture & Design

    Inspired by Santa Barbara Spanish style, the residence boasts romantic architecture, old-world elegance, high design, quality craftsmanship, and an open, flowing floor plan ideal for modern living.

CONSRISKS & DEFICIENCIES

  • Potential for High Maintenance Costs

    The extensive luxury amenities, including the expansive pool, spa, waterfall, and professional-grade appliances, will likely entail significant ongoing maintenance and utility expenses.

  • Hillside Access Considerations

    While offering privacy and views, the 'sky high in the hills' location may involve steeper access roads and potentially longer travel times to immediate conveniences or main thoroughfares for some buyers.

  • Age of Systems/Technology

    Built in 2005, while well-maintained and high-design, the property may not incorporate the latest smart home technology or advanced energy efficiency upgrades found in newer luxury constructions, potentially requiring future updates.

About 10940 Terryview Drive

Presenting a grand, enchanting residence of notable distinction sited sky high in the hills of Studio City's acclaimed Wrightwood Estates. Crowning over a 1/3 acre lot on a peaceful, serene cul-de-sac, the home beautifully bridges the aesthetic divide between structure and nature surrounded by a vast, magnificent mountain backdrop. Boundless, breathtaking views of the mountains beyond and the city below are showcased from abundant vantage points, expansive picture frame windows and view decks throughout the property. Inspired by the famed Santa Barbara Spanish, this romantic architecture is timeless in its appeal. A unique symmetry of alluring old world elegance with the superlative style, high design and appealing amenities ideally suited for today's modern living. Light, open and quietly spectacular, the open flowing floor plan provides gracious transition from room to room. Baths are dressed in fine tile, fixtures and finishes. The kitchen is a bespoke open concept culinary dream center curated for the adventurous at home chef. Featuring a full array of state-of-the-art professional appliances. Opening to the family room it becomes the perfect gathering place for friends and family. With an emphasis on lifestyle, the outdoor space defines Southern California living at its finest as a continuum of glass atrium doors reveal a private backyard retreat and resort oasis fulfilling every entertainment possibility. Replete with outdoor BBQ, lawn, expansive pool and spa, waterfall and lounge and dining terraces. The quintessential venue for warm, relaxed poolside lounging by day, cool gatherings and lavish entertaining by night. Five en suite bedrooms including a magnificent, lux primary suite with view terrace and day spa inspired bath round out the comfortable accommodations for family and guests. Highlights include a direct entrance, three car garage and fabulous home theater perfect for gaming and movie parties. With proximity to CBS, NBC, Disney, Warner Bros. and Universal Studio and the chic shopping and dining district along Ventura Blvd. this stunning, distinctive property is a case study in quality craftsmanship where enduring style and high design are the legacy. This ultimate luxury urban hills retreat is the place and space where you want to live Welcome!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2005
Lot Size
16,629 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
7 (7 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Studio City Unified Schools

Rio Vista Elementary School

Grades K-5 • 0.9 mi

7/10

Wonderland Avenue Elementary School

Grades K-5 • 1.5 mi

9/10

Valley View Elementary School

Grades K-6 • 1.6 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
71%
Baths7.03.0
93%
Square foot5,2882,477
94%
Lot Size16,6297,766.5
95%
Price$3.79M$2.23M
81%
Price per sq ft$716$957
19%
Built year20051954
77%
HOA$0$0
50%
Days on market49169
6%

Pricing History

Listed for Sale

Mar 5, 2026

$3,788,000

$3,880,000

-2% Price Drop

Initial Listing

Price Change

Feb 4, 2026

$3,880,000

$3,980,000

-3% Price Drop

Initial Listing

Price Change

Jan 16, 2026

$3,980,000

Initial Listing

Sold

Apr 11, 2019

$3,150,000

Public Record

Sold

Jul 1, 1994

$14,500

Public Record

Browse Properties by State Browse housing market trends by state