
Los Angeles, California 90049
This High-Potential Investment Opportunity is listed at $4,999,999, positioned well below the $5,193,868 Fair Market Value by 3%, providing $193,869 in Instant Equity. Featuring a Turnkey Condition Rating, this estate offers a state-of-the-art chef's kitchen, resort-style pool and spa, and sweeping mountain views. Located near top-rated schools like Roscomare Road Elementary, this property is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a sophisticated, move-in-ready sanctuary in a premier Brentwood enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16608 Park Lane Circle Subject | $4,999,999* List Price | 5 | 5 | 5,500 | $944 | - |
A 16366 Sloan Drive Sold | $4,870,000 | 4 | 5 | 4,423 | $1,101 | 0.3 mi |
B 3600 Mandeville Canyon Road Active | $3,995,000 List Price | 4 | 5 | 4,943 | $808 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1976, the property has undergone a comprehensive, high-end remodel within the last 5 years. The kitchen is state-of-the-art with a waterfall island and premium appliances, and the bathrooms have been fully renovated with modern fixtures, freestanding tubs, and designer tiling, meeting the criteria for a turnkey, mint-condition home.
Elementary School: Fairburn Avenue Elementary School (9/10).
This estate features a comprehensive high-end remodel including a state-of-the-art chef's kitchen, designer finishes, and new flooring, offering a sophisticated, move-in-ready experience.
Ideally situated off iconic Mulholland Drive, the property offers proximity to elite private schools and easy access to the 405 freeway, UCLA, and Beverly Hills.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5500, other record living area = 4939.
While the local elementary schools are top-rated, the assigned public middle and high schools have significantly lower ratings, which may be a concern for families not utilizing private education.
Being located less than a mile from the 405 freeway provides convenience but may result in ambient traffic noise and increased local congestion during peak hours.
Welcome to 16608 Park Lane Circle, a beautifully remodeled Brentwood estate ideally situated just off iconic Mulholland Drive, with breathtaking views of the Santa Monica Mountains. This home embodies refined California living, where renovated bathrooms, exquisite new flooring, and a stunning chef's kitchen unite timeless architecture with contemporary sophistication throughout. A grand double door entry reveals a dramatic foyer, where soaring ceilings and an elegant chandelier create an unforgettable first impression.The open floor plan is bathed in natural light, connecting the formal living room, dining room, family room, and kitchen in one graceful, continuous flow, an entertainer's paradise suited to both quiet evenings and refined gatherings. The formal living and dining rooms each offer their own fireplace and scenic views, while the expansive family room adds a second fireplace and direct access to the grounds beyond. At the heart of the home, a state of the art kitchen showcases custom cabinetry, a generous center island, premium appliances, and designer finishes. Beyond, a private, professionally landscaped backyard unfolds into a true sanctuary, complete with a resort style pool and spa, lush greenery, and sweeping mountain views. Multiple sliding doors invite the outdoors in, offering an effortless setting for entertaining, alfresco dining, or quiet reflection. Five bedrooms and six bathrooms are arranged with comfort and privacy in mind. The primary suite is a private retreat unto itself, featuring a sitting area and fireplace, a spacious balcony with sweeping views, and a spa inspired bath with dual vanities, a soaking tub, an oversized shower, and a generous walk in closet. Three additional upstairs bedrooms offer ample space, including one en suite, while a fifth bedroom and full bath on the main level provide an elegant solution for guests or a private home office. A versatile bonus room with its own entrance completes the upper level, suited to a media room, gym, or study. Perfectly positioned less than a mile from the 405 freeway, this estate sits moments from the world renowned private schools of Berkeley Hall, Mirman, and Steven S. Wise, and just minutes from UCLA, Westwood, Beverly Hills, and Ventura Boulevard. Nearby hiking trails offer easy access to the outdoors, rounding out a location that is as convenient as it is coveted. Rounding out this exceptional offering are a three car garage, ample street parking, and a dedicated laundry area. A rare and turnkey opportunity to own an estate of distinction in one of Brentwood's most sought after enclaves. Schedule your private showing today.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.8 mi
Grades K-5 • 5.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 5,500 | 1,664.159 |
| Lot Size | 13,257 | 6,066.556 |
| Price | $5.00M | $1.35M |
| Price per sq ft | $909 | $806 |
| Built year | 1976 | 1939 |
| HOA | $125.0 | $278 |
| Days on market | 13 | 55 |
Aug 27, 2026
$4,999,999
Initial Listing
Jan 7, 2000
$910,000
Public Record
May 17, 1996
$722,500
Public Record