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16055 Woodvale Road, Encino, California 91436, Encino, 91436 - 2 bed, 3 bath

16055 Woodvale Road, Encino, California 91436 home-pic-0
ACTIVE$3,095,000
16055 Woodvale Road, Encino, California 91436
2Beds
3Baths
2,889Sqft
20,593Lot
Year Built
1950
Close
-
List price
$3.1M
Original List price
$3.38M
Price/Sqft
$1,071
HOA
-
Days on market
-
Sold On
-
MLS number
25525517
Home ConditionTear down
Features
Good View:
View

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.10M(67th), sqft - 2889(43th), beds - 2(4th), baths - 3(44th).

Special opportunity on Encino's most desirable street. WOODVALE ROAD best neighborhood in ENCINO. Surrounded by multiple properties that have sold for $17- $20 million, this is your opportunity to create your own estate. Enjoy the close proximity to Ventura Boulevard's retail and dining scene. remodel this gorgeous home or build completely brand new house approx 8,000 sq. ft. surrounded by mature trees which add allure and value. The prestige of adjoining the most expensive homes compels developers and owner-users alike to consider this tremendous opportunity. Easy access to exclusive private schools and one of the city's best public school districts (Lanai), Van Nuys private airport, Rams net training facility, convenient to El Caballero, Braemar and Mountaingate Country Clubs, don't miss this incredible opportunity !

Nearby schools

8/10
Lanai Road Elementary School
Public,•K-5•0.6mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.0mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.2mi
5/10
Lemay Street Elementary School
Public,•K-5•3.6mi
6/10
Lemay Street Elementary School
Public,•K-5•3.7mi
6/10
Newcastle Elementary School
Public,•K-5•3.8mi
5/10
Brentwood Science School
Public,•K-5•6.7mi
2/10
Van Nuys Middle School
Public,•6-8•2.3mi
5/10
William Mulholland Middle School
Public,•6-8•3.2mi
3/10
William Mulholland Middle School
Public,•6-8•3.5mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.7mi
6/10
Van Nuys Senior High School
Public,•9-12•3.3mi
4/10
Reseda Senior High School
Public,•9-12•4.0mi
6/10
University Senior High School
Public,•9-12•7.2mi
6/10
University Senior High School Charter
Public,•9-12•7.2mi

Price History

Date
Event
Price
11/03/25
Price Change
$3,095,000-1.6%
10/27/25
Price Change
$3,145,000
04/22/25
Listing
$3,375,000
Condition Rating
Tear down
Built in 1950, the property's description explicitly states the opportunity is to 'remodel this gorgeous home or build completely brand new house,' indicating the existing structure is not considered a primary asset. The property analysis further highlights the 'Age of Existing Structure' and that its 'primary value lies in its development potential,' suggesting the current home is likely outdated and requires extensive renovation or demolition. The lack of interior images strongly implies the interior is not presentable or is in a state requiring significant overhaul, consistent with a property whose value is based solely on the land for redevelopment.
Pros & Cons

Pros

Prime Location & Exclusivity: Situated on Encino's most desirable street, Woodvale Road, surrounded by multi-million dollar estates, offering prestige and a highly sought-after address in a top-tier neighborhood.
Significant Development Potential: Presents a rare opportunity for developers or owner-users to build a new, expansive 8,000 sq. ft. luxury estate or undertake a major remodel, leveraging the valuable land.
Large, Treed Lot: A substantial 20,593 sq. ft. lot (nearly half an acre) with mature trees provides privacy, aesthetic appeal, and ample space for a grand residence and amenities.
Top-Tier School District Access: Located within the highly-rated Lanai Road Elementary School district (rating 8, 0.56 miles), a significant draw for families seeking excellent educational opportunities.
Excellent Accessibility & Nearby Amenities: Offers close proximity to Ventura Boulevard's retail and dining scene, exclusive private schools, country clubs (El Caballero, Braemar, Mountaingate), and Van Nuys private airport.

Cons

Age of Existing Structure: Built in 1950, the current 2,889 sq. ft. home is likely outdated and may require extensive renovation or demolition, adding significant cost and time to development.
Discrepancy in Price vs. Estimated Value: The current list price of $3.095M is approximately 19% higher than the estimated property value of $2.53M, which could deter some buyers or indicate an aggressive pricing strategy.
Substantial Additional Investment Required: The property's primary value lies in its development potential, meaning a significant additional investment beyond the purchase price will be necessary to create the envisioned luxury estate, as the current structure (2 beds, 3 baths) does not align with the price point.

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