12244 Tiara Street, Valley Village, California 91607, Valley Village, 91607 - 5 bed, 5 bath
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Valley Village, California 91607
This Tuscan-inspired luxury compound is a Strong Value Opportunity, listed at $2,399,000—positioned well below the $2,509,655 Fair Market Value by 4%. This valuation gap offers $110,655 in Instant Equity for the buyer. Maintaining a Good Condition Rating, the estate features a Viking outdoor kitchen, Italian-style pool, and a 762 SF detached guesthouse. With paid-off solar panels and a versatile 525 SF upstairs retreat, this property balances high-end lifestyle amenities with significant financial upside. It is an exceptional acquisition for Owner-Occupants or Multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12244 Tiara Street Subject | $2,399,000* List Price | 5 | 5 | 4,308 | $583 | - |
A 5439 Gentry Avenue Active | $3,000,000 List Price | 7 | 5 | 4,984 | $602 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was rebuilt and extensively remodeled in 2008, placing it within the 10-20 year age bracket for a 'good' rating. It is move-in ready with high-end features including KitchenAid Professional appliances, Viking outdoor kitchen, distressed walnut flooring, and travertine tile. While the home is exceptionally well-maintained and includes modern efficiency upgrades like paid-off solar panels and tankless water heaters, the Tuscan-inspired aesthetic and specific finishes (granite countertops, stone backsplashes) reflect the 2008 renovation period rather than a contemporary 'excellent' renovation from the last 5 years.
The property includes a 762 SF detached guesthouse and a 525 SF upstairs retreat, offering exceptional flexibility for a home office, studio, or multi-generational living arrangements.
The expansive 11,774 SF lot features a high-end outdoor kitchen with a Viking BBQ and Italian pizza oven, paired with a private garden pool, creating a premier space for entertaining.
The home boasts premium materials like distressed walnut flooring and travertine, complemented by modern, cost-saving upgrades including paid-off solar panels and tankless water heaters.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4308, other record living area = 3021. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The 525 SF upstairs retreat is only accessible via private exterior stairs, which may be inconvenient for families desiring an integrated indoor floor plan.
Despite the luxury 'estate' branding and high price point, the property offers no significant views, which may be a drawback for buyers seeking a scenic backdrop.
The Villa on Tiara! Tuscan-inspired private luxury compound situated on a large, private 11,774 SF lot along a picturesque, tree-lined street in highly desirable Valley Village. Rebuilt and extensively remodeled in 2008, this exceptional property offers refined finishes, thoughtful design, and resort-style amenities ideal for both grand entertaining and everyday living.The 3,021 SF main residence features a custom gourmet kitchen at the heart of the home, complete with center island, granite countertops, stone backsplash, custom cabinetry, and KitchenAid Professional stainless-steel appliances, including a built-in refrigerator. Travertine flooring enhances both the kitchen and the spacious family room, which offers vaulted ceilings, a mantled fireplace, and French doors that open to the expansive backyard.The formal living room is warm and inviting with a fireplace, built-in bookcase, and picture window overlooking the front yard. The luxurious primary suite includes a massive walk-in closet with custom organizers and a spa-inspired bath with soaking tub, dual-sink stone vanity, and frameless glass stone shower. Three additional bedrooms are located in the main house, including two with en-suite baths. Distressed walnut hardwood floors enhance many of the main living areas and bedrooms, adding warmth and character throughout.Designed for exceptional outdoor living, the expansive patio features a professional Viking Range built-in BBQ system, Italian wood-burning pizza oven, wet bar, and retractable shade awning. Steps lead to an Italian-style garden pool with outdoor shower, creating a true private retreat.A detached 762 SF three-room guesthouse/recreation house with bath provides versatile space for guests, office, gym, studio, or pool house.Private exterior stairs on the side of the home lead to a 525 SF upstairs retreat, ideal for a child's playroom, teen haven, or flexible bonus/storage space.Additional highlights include paid off solar panels, dual-zoned HVAC for the main house, tankless water heaters, water softening system, separate laundry room, and a two-car garage.A rare opportunity to own a private Tuscan-inspired estate on an expansive lot in one of Valley Village's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 4,308 | 1,956 | 96% |
| Lot Size | 11,774 | 7,337 | 94% |
| Price | $2.40M | $1.50M | 85% |
| Price per sq ft | $557 | $783 | 4% |
| Built year | 2008 | 1948 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 146 | 2% |
Mar 2, 2026
$2,399,000
Initial Listing
Nov 27, 2018
$1,399,000
Public Record
Jul 2, 2014
$1,230,000
Public Record
Jul 20, 1994
$195,000
Public Record