
Encino, California 91436
This Spacious Encino Estate represents a Strong Value Opportunity, listed at $2,595,000—positioned well below the $2,582,449 Fair Market Value by -0.49%. While the property is in Fair Condition Rating (4/10), its 5,185 square feet of living space and prime location south of Ventura Blvd offer significant potential for modernization. The home features a functional floor plan, private patio, and upper-level deck. With proximity to top-rated schools like Lanai Road Elementary, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a grand residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15605 Marilyn Lane Subject | $2,595,000* List Price | 5 | 5 | 5,185 | $498 | - |
A 5019 Gaviota Sold | $3,100,000 | 5 | 6 | 5,200 | $596 | 0.7 mi |
B 5018 Woodley Avenue Active | $2,799,000 List Price | 5 | 6 | 4,460 | $628 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the home is well-maintained but largely dated. While the living areas feature classic hardwood and millwork, the bathrooms show original 1980s finishes including white square tiles with floral borders and gold-tone fixtures. At nearly 40 years old without a major recent renovation, the systems and wet areas are past their prime and require modernization.
Elementary School: Roscomare Road Elementary School (9/10).
Situated south of Ventura Blvd on a gated street, this estate offers exceptional privacy and prestige in one of Encino's most sought-after neighborhoods.
With over 5,100 square feet, five bedrooms, and a dedicated office, the home provides grand proportions and a functional floor plan suitable for multi-generational living and entertaining.
The property is noted as having no significant views, which may be a drawback for buyers expecting canyon or city vistas at this price point in the Encino hills.
Built in 1986 and offered as a trust sale, the residence may require cosmetic updates and contemporary finishes to compete with newer luxury developments in the area.
Tucked away on a gated street south of Ventura Blvd, 15605 Marilyn Lane presents a rare opportunity to own a grand Encino estate with exceptional space, privacy, and timeless appeal. Set on an oversized lot and offering more than 5,000 square feet, this residence blends classic architecture with an inviting, functional layout designed for both everyday living and elegant entertaining. A dramatic two-story entry welcomes you into the home, where rich hardwood floors flow throughout. The expansive great room opens seamlessly to a private, walled patio, perfect for indoor-outdoor living and hosting gatherings. Formal living and dining rooms provide refined spaces for entertaining, while the large eat-in kitchen features French doors leading to an additional patio, creating multiple serene outdoor escapes. The flexible floor plan includes five bedrooms (one suite on the ground level) plus a dedicated office. Upstairs, the luxurious primary wing serves as a true retreat, complete with elevated ceilings, a private balcony, a fireplace, a spa-like bathroom, and multiple oversized closets. Two additional bedroom suites, another bedroom (currently being used as a dressing room), and an expansive upper-level deck complete the second floor, offering comfort and privacy for family or guests. A trust sale without court confirmation, this property combines scale, location, and opportunity in one of Encino's most desirable settings.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 58% |
| Baths | 5.0 | 4.0 | 61% |
| Square foot | 5,185 | 3,099 | 83% |
| Lot Size | 9,947 | 13,808 | 38% |
| Price | $2.60M | $2.38M | 63% |
| Price per sq ft | $500 | $780 | 6% |
| Built year | 1986 | 1962 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 144 | 1% |
May 25, 2026
$2,595,000
Initial Listing
Oct 4, 2000
$1,090,500
Public Record