11698 Picturesque Drive, Studio City, California 91604, Studio City, 91604 - 3 bed, 3 bath
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11698 Picturesque Drive
Studio City, California 91604
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
3,009Sq Ft
5,777Lot Size
Property Price
LIST PRICE$2,295,000
EST. MARKET VALUE
$2,365,475
SUMMARY
This Modern Smart Home is a Strong Value Opportunity, listed at $2,295,000—positioned well below the $2,450,282 Fair Market Value by 6%. This valuation gap offers $155,282 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 2017 construction boasts a chef-inspired kitchen, automated smart systems, and a private rooftop lounge with a jacuzzi. Located in the prestigious Carpenter Community Charter School district, this residence is an ideal acquisition for discerning professionals or owner-occupants seeking luxury, panoramic views, and long-term value.
Estimated Market Value
$2,365,475
Based on Realkey algorithm analyzing recent comparable sales in Studio City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11698 Picturesque Drive Subject | $2,295,000* List Price | 3 | 3 | 3,009 | $786 | - |
A 12085 Valleyheart Drive Sold | $2,900,000 | 3 | 4 | 3,012 | $963 | 0.7 mi |
B 12236 Laurel Terrace Drive Sold | $2,175,000 | 4 | 3 | 3,345 | $650 | 0.7 mi |
C 4375 Kraft Avenue Sold | $1,891,000 | 4 | 3 | 3,171 | $596 | 0.8 mi |
D 4115 Laurelgrove Avenue Sold | $2,250,000 | 5 | 4 | 3,236 | $695 | 0.9 mi |
E 12031 Valleyheart Drive Sold | $1,810,000 | 3 | 4 | 2,000 | $905 | 0.6 mi |
F 12333 Hillslope Street Sold | $1,990,110 | 3 | 4 | 2,337 | $852 | 0.8 mi |
G 11534 Laurelcrest Drive Sold | $2,100,000 | 3 | 3 | 2,209 | $951 | 0.3 mi |
H 4269 Camellia Sold | $2,815,000 | 4 | 4 | 3,743 | $752 | 0.5 mi |
I 11734 Sunshine Terrace Active | $1,998,000 List Price | 3 | 3 | 2,150 | $929 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2017, this newer construction smart home is less than 10 years old and in mint condition. It features a high-end chef's kitchen with Wolf and Viking appliances, sophisticated modern bathrooms with floating vanities, and advanced systems including Lutron lighting, automated shades, and app-enabled smart locks.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Warner Avenue Elementary School (9/10).
- Modern Smart Home Integration
Built in 2017, this residence features high-end architectural design paired with advanced technology, including Lutron lighting, Schlage smart locks, and Hunter Douglas automated shades.
- Exceptional Rooftop Entertaining
The property features a spectacular private rooftop lounge with a jacuzzi spa and turf area, providing rare panoramic city and mountain views that elevate the indoor-outdoor living experience.
CONSRISKS & DEFICIENCIES
- Vertical Living Constraints
The multi-level floor plan requires navigating several flights of stairs to access the main living areas and rooftop deck, which may be a drawback for buyers with mobility concerns.
- Lack of Traditional Yard
While the home offers excellent balcony and rooftop space, the hillside lot lacks a traditional flat backyard or lawn, which may limit utility for certain pet owners or families.
About 11698 Picturesque Drive
Experience elevated indoor-outdoor living in this newer construction smart home, ideally situated in the hills of Studio City. Spanning 3BD/2.5BA, this modern residence pairs sleek architectural design with a thoughtfully curated floor plan, highlighted by multiple outdoor living spaces and a spectacular rooftop deck with sweeping city and mountain views. The entry level features rich hardwood flooring throughout all three bedrooms, each appointed with Hunter Douglas automated shades. The luxurious primary suite serves as a private retreat with its own balcony, custom built-in closet, and a sophisticated ensuite bath featuring dual floating vanities, a private water closet with an automatic toilet, and an oversized step-in shower. Two additional bedrooms offer generous closet space and share a beautifully finished bathroom with a glass-enclosed walk-in shower. Upstairs, the light-filled main living area is designed for effortless entertaining, showcasing sleek tile flooring, a striking fireplace insert, and expansive sliding glass doors that open to a spacious balcony, creating a seamless connection between indoor and outdoor living. The adjacent chef-inspired kitchen is equipped with premium Wolf appliances, a Viking refrigerator, abundant counter space, and a center island with bar seating. A stylish stone-accented powder room completes the level. Crowning the home is an exceptional private rooftop lounge designed to capture breathtaking panoramic vistas. Whether unwinding in the jacuzzi spa, enjoying the turf lounge area, or hosting loved ones, this extraordinary space offers an unforgettable setting year round. Additional highlights include a finished gym adjoining the attached two-car garage, Lutron lighting controls, and app-enabled Schlage smart locks. Located within the highly acclaimed Carpenter Community Charter School district and just moments from Universal Studios and the premier shopping and dining along Ventura Boulevard, this sophisticated residence offers the perfect blend of modern luxury, exceptional outdoor living, and an unbeatable Studio City location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 5,777 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 1.2 mi
7/10
Wonderland Avenue Elementary School
Grades K-5 • 1.8 mi
9/10
Toluca Lake Elementary School
Grades K-5 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.7 |
| Square foot | 3,009 | 2,738.333 |
| Lot Size | 5,777 | 7,678.807 |
| Price | $2.29M | $2.13M |
| Price per sq ft | $763 | $896 |
| Built year | 2017 | 1956 |
| HOA | $0 | $0 |
| Days on market | 35 | 62 |
Pricing History
Listed for Sale
Aug 5, 2026
$2,295,000
Initial Listing
Sold
Jun 26, 2018
$1,600,000
Public Record