11131 Mountcastle Drive, Studio City, California 91604, Studio City, 91604 - 5 bed, 7 bath

11131 Mountcastle Drive, Studio City, California 91604 home-pic-0

11131 Mountcastle Drive

Studio City, California 91604

ACTIVE
CONDITION: FAIR
5Beds
7Baths
6,528Sq Ft
23,686Lot Size

Property Price

LIST PRICE$5,250,000
EST. MARKET VALUE
$5,202,565

SUMMARY

Analysis of 11131 Mountcastle Drive, Studio City, California 91604 reveals a Fairly Priced Property with a current list price of $5,250,000  aligned with the estimated $5,202,565 Fair Market Value. This represents a stable investment opportunity at market rate. 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 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

$5,202,565
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
11131 Mountcastle Drive
Subject
$5,250,000*
List Price
576,528$797-
A
3016 Dona Susana Drive
Active
$4,000,000
List Price
566,745$5930.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1991 and, while grand in scale and exceptionally well-maintained, it retains most of its original architectural and interior styling. The kitchen and bathrooms feature 1990s-era cabinetry, granite, and fixtures that, while functional and high-quality for their time, are now stylistically dated. According to the criteria, properties built 25 to 40 years ago with no major recent renovations are classified as fair, as they show signs of being outdated despite regular upkeep.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

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

  • Panoramic Views & Privacy

    Positioned at the end of a quiet cul-de-sac in the Studio City hills, the estate offers breathtaking, unobstructed views of the San Fernando Valley, Universal City, and city lights.

  • Expansive Entertainment Amenities

    The property features over 6,500 square feet of living space including a lower-level game room, full wet bar, sauna, and extensive outdoor terraces with a pool, spa, and fountain.

CONSRISKS & DEFICIENCIES

  • Dated Aesthetic Elements

    Built in 1991, some interior finishes such as the granite countertops and specific ironwork may require modern updates to compete with newer luxury inventory in the area.

  • Secondary School Logistics

    While local elementary schools are highly rated, some assigned middle and high schools are located several miles away, potentially complicating daily commutes in heavy traffic.

About 11131 Mountcastle Drive

Positioned at the end of a cul-de-sac in the Studio City hills, this custom-built estate captures sweeping panoramic views of the valley, Universal City, and surrounding city lights. Offering 5 bedrooms and 7 bathrooms across approximately 6,528 square feet of living space (per appraiser) on an approximately 0.54-acre lot, the residence blends scale, craftsmanship, and functionality. A custom double-door entry opens to a grand interior featuring cathedral ceilings, a sweeping split staircase, bronze-framed windows, marble and hardwood flooring, custom ironwork, granite countertops, and multiple fireplaces. The home is further enhanced by copper plumbing, dual-pane windows, central vacuum, and a security system. Six private balconies extend the living experience outdoors, providing multiple vantage points throughout the property.The lower level includes a spacious game room, full wet bar, sauna, additional bedroom, and full bathroom ideal for guests or extended living. Expansive terraces lead to the outdoor setting with a pool, spa, and fountain feature, designed for entertaining and relaxation. A three-car garage completes the offering.Conveniently located near Ventura Boulevard, Universal City, and major studios.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1991
Lot Size
23,686 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 • 1.0 mi

7/10

Wonderland Avenue Elementary School

Grades K-5 • 1.4 mi

9/10

Valley View Elementary School

Grades K-6 • 1.8 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 foot6,5282,477
97%
Lot Size23,6867,766.5
96%
Price$5.25M$2.23M
90%
Price per sq ft$804$957
29%
Built year19911954
74%
HOA$0$0
50%
Days on market4169
1%

Pricing History

Listed for Sale

Mar 2, 2026

$5,250,000

Initial Listing

Sold

Sep 19, 2013

$2,785,000

Public Record

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