16145 High Valley Place, Encino, California 91436, Encino, 91436 - 5 bed, 5 bath

16145 High Valley Place, Encino, California 91436 home-pic-0
ACTIVE$5,495,000
16145 High Valley Place, Encino, California 91436
5Beds
5Baths
4,616Sqft
42,806Lot
Year Built
1951
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$1,190
HOA
-
Days on market
-
Sold On
-
MLS number
25548417
Home ConditionFair
Features
Good View: Mountain(s), Valley
Patio
ViewMountain(s), Valley

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.50M(94th), sqft - 4616(79th), beds - 5(67th), baths - 5(66th).

Welcome to 16145 High Valley Place a once-in-a-generation offering in the heart of Encino's coveted Royal Oaks. Set at the end of a private cul-de-sac behind gates, this nearly 1-acre parcel (42,795 sq ft) presents an unmatched canvas for visionary builders and estate seekers alike. The property allows up to ~13,299 SF addition/remodel or up to ~15,958 SF brand new construction. Current residence is 4,616 SF and a full-size tennis court, situated on a broad flat pad. Whether you're building new, expanding, or repositioning for resale, the value lies in the land, location, and entitlement potential. Comparable new estates nearby have sold in the $15M-$18M range. Whether you're a seasoned developer or end-user looking to create generational wealth and lifestyle, this is the lot that rarely hits the market.

Nearby schools

8/10
Lanai Road Elementary School
Public,K-50.5mi
9/10
Kester Avenue Elementary School
Public,K-52.0mi
9/10
Roscomare Road Elementary School
Public,K-52.3mi
5/10
Lemay Street Elementary School
Public,K-53.6mi
6/10
Lemay Street Elementary School
Public,K-53.6mi
6/10
Newcastle Elementary School
Public,K-53.7mi
5/10
Brentwood Science School
Public,K-56.7mi
2/10
Van Nuys Middle School
Public,6-82.4mi
5/10
William Mulholland Middle School
Public,6-83.2mi
3/10
William Mulholland Middle School
Public,6-83.4mi
6/10
Gaspar De Portola Middle School
Public,6-83.6mi
6/10
Van Nuys Senior High School
Public,9-123.3mi
4/10
Reseda Senior High School
Public,9-124.0mi
6/10
University Senior High School
Public,9-127.2mi
6/10
University Senior High School Charter
Public,9-127.2mi
Condition Rating
Fair

The property was built in 1951. Some parts of the house, like the bathrooms, appear to have been updated with modern fixtures. However, other areas, such as the kitchen and some living spaces, show their age and would benefit from updates. The property is maintained but shows signs of being outdated.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Royal Oaks area of Encino, offering prestige and exclusivity.
Large Lot Size: Nearly 1-acre lot (42,795 sq ft) provides ample space for expansion or new construction.
Development Potential: Significant entitlement potential, allowing for up to ~13,299 SF addition/remodel or ~15,958 SF new construction.
Gated Community: Located behind gates at the end of a private cul-de-sac, enhancing privacy and security.
Tennis Court: Features a full-size tennis court, adding recreational value to the property.

Cons

Existing Structure Age: The current residence was built in 1951, potentially requiring significant updates or replacement.
Renovation/Construction Required: The property is primarily valued for its land and development potential, implying substantial investment in renovation or new construction.
High Price Point: The list price of $5,495,000 may limit the pool of potential buyers to those seeking high-end development opportunities.

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