
Encino, California 91436
This Spacious Gated Estate is a Strong Value Opportunity, listed at $2,649,000—positioned well below the $2,795,190 Fair Market Value by 5%. This valuation gap provides $146,190 in Instant Equity for buyers. While the property holds a Fair Condition Rating due to dated interior finishes, it features premium amenities including a PebbleTec pool and spa and a three-car garage. Located in the elite Lanai Road School District, this home balances lifestyle prestige with significant upside potential. It is ideal for Owner-Occupants seeking to build wealth or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16511 Alyse Court Subject | $2,512,800 | 6 | 6 | 4,669 | $604 | - |
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 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 23 years old and falls into the 'Fair' category (>20y). While the estate is 'beautifully maintained' and move-in ready, the kitchen and bathrooms appear dated with original honey-toned cabinetry and 4x4 tile backsplashes. Major systems are likely nearing the end of their typical 20-25 year life cycle.
Elementary School: Roscomare Road Elementary School (9/10).
Situated South of the Boulevard in an exclusive gated community and zoned for the highly-rated Lanai Road Elementary School, providing both prestige and top-tier educational access.
The 4,669 sqft layout features six bedrooms, including a rare main-level ensuite and a grand primary suite, making it ideal for multi-generational living or large families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The $600 monthly association fee adds a significant recurring expense to the property's ownership costs compared to non-gated alternatives in the area.
While the elementary school is excellent, the assigned middle school has a significantly lower rating of 2, which may be a concern for families planning for long-term education.
Nestled within an exclusive gated community in the heart of Encino, this beautifully maintained estate is situated on an expansive 11,000+ sq. ft. lot in a prime central location. A dramatic double-height foyer sets the tone as you enter the home, opening to a spacious formal living and dining room designed for effortless entertaining. The well-appointed kitchen features top-of-the-line appliances, a walk-in pantry and sun-drenched breakfast nook, and opens seamlessly to the inviting family room. Multiple sliding glass doors create a seamless indoor-outdoor connection with the serene backyard retreat, which is anchored by a sparkling PebbleTec pool and spa. Upstairs, you’ll find five generously sized bedrooms, including three with ensuite baths, highlighted by an expansive primary suite with a walk-in closet and spa-like bathroom, complete with a soaking tub, oversized shower and dual sink vanity. Additional features include a main level ensuite bedroom, dedicated laundry room, high ceilings throughout, a security system with cameras and three-car garage. Ideally located south of the Boulevard within the top-rated Lanai School District and just moments from Ventura Boulevard’s premier shops and restaurants.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 80% |
| Baths | 6.0 | 4.0 | 69% |
| Square foot | 4,669 | 3,099 | 72% |
| Lot Size | 11,169 | 13,808 | 42% |
| Price | $2.51M | $2.38M | 59% |
| Price per sq ft | $538 | $780 | 10% |
| Built year | 2001 | 1962 | 83% |
| HOA | $600.0 | $0 | 97% |
| Days on market | 50 | 146 | 8% |
Apr 27, 2026
$2,649,000
Initial Listing
Mar 7, 2002
$894,500
Public Record