
Encino, California 91436
This Mid-Century Modern Architectural Residence is a Strong Value Opportunity, listed at $2,499,000—positioned well below the $2,468,989 Fair Market Value by a negligible margin, reflecting a stable market entry. Featuring a Condition Rating of 4, the home offers significant potential for modernization to match its prestigious Lanai Road Elementary School district location. With Panoramic Valley and City-Light Views, an In-Ground Spa, and authentic design pedigree, this property is an ideal acquisition for Architectural Enthusiasts or Owner-Occupants seeking to restore a classic Southern California estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16347 Mandalay Drive Subject | $2,499,000* List Price | 4 | 3 | 3,150 | $785 | - |
A 16045 Royal Mount Drive Sold | $2,740,000 | 4 | 4 | 3,144 | $872 | 0.5 mi |
B 3325 Alginet Sold | $2,525,000 | 6 | 5 | 3,694 | $684 | 0.8 mi |
C 4064 Sapphire Pending | $1,799,000 List Price | 4 | 3 | 2,619 | $687 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this architectural home is well-maintained but the kitchen and bathrooms are significantly dated, featuring older tile countertops, cabinetry, and appliances likely exceeding 20-30 years in age. While move-in ready, it requires modernization to meet current luxury standards.
Elementary School: Roscomare Road Elementary School (9/10).
Designed by influential architects Benton, Park & Candreva, this Mid-Century Modern residence offers significant design value and authentic California character that appeals to architectural enthusiasts.
The property boasts exceptional panoramic views of the San Fernando Valley and city lights from nearly every room, significantly enhancing the home's luxury appeal and market value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3150, other record living area = 2179. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1956, the home may require significant capital investment to update original systems or cosmetic finishes to meet the expectations of modern luxury buyers.
While the elementary school is highly rated, the assigned middle school options show significantly lower performance ratings, which may be a concern for families with children of varying ages.
Tucked into the Encino hills south of Ventura Boulevard and within the coveted Lanai School District, this single-story residence carries a genuine architectural pedigree, designed by Benton, Park & Candreva Architects, AIA, one of Southern California’s most influential modernist architects. The result is a home of warmth, character, and design significance. Offering four bedrooms and three bathrooms across nearly 3,200 square feet. The home is anchored by a private front courtyard before unfolding through bronze double doors into light-filled interiors that embrace their natural surroundings. Expansive sliding glass doors wrap the main living spaces, flooding the home with natural light while opening seamlessly to covered patios and panoramic Valley and city-light views from virtually every room. Classic Los Angeles indoor-outdoor living is woven throughout, with nearly every major room enjoying a direct connection to the outdoors. At the heart of the home, an eat-in kitchen with a center island and two built-in wall ovens opens to the adjacent family room, creating a warm and inviting gathering space. Just beyond, an oversized double garage and spacious laundry room with direct backyard access offer abundant storage and generous counter space, adding both convenience and functionality to everyday living. The primary suite serves as a peaceful retreat with sweeping views. It has its own private patio access, generous closet space, and an en-suite bathroom featuring dual vanities, an oversized shower, and a custom stained-glass window that fills the space with warm, colored light. Secondary bedrooms are generously sized and filled with natural light and district views. The secondary bath is highlighted by a striking skylit tub and shower. Outside, multiple patios, an in-ground spa, and beautifully positioned outdoor living spaces invite entertaining or quiet evenings overlooking sweeping Valley and city-light views. Ideally located just moments from Ventura Boulevard's renowned dining, shopping, and cafés, with nearby hiking trails and convenient access to both the Westside and the Valley, this is a rare opportunity to own a home that reflects the enduring principles of California Mid-Century Modern architecture while offering the comfort and livability expected today.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 2.1 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.4 |
| Baths | 3.0 | 4.4 |
| Square foot | 3,150 | 3,314.903 |
| Lot Size | 12,407 | 14,363.639 |
| Price | $2.50M | $2.57M |
| Price per sq ft | $793 | $792 |
| Built year | 1956 | 1966 |
| HOA | $0 | $443 |
| Days on market | 35 | 54 |
Aug 5, 2026
$2,499,000
Initial Listing
Jan 7, 2015
$1,450,000
Public Record