16840 Oak View Drive, Encino, California 91436, Encino, 91436 - 5 bed, 3 bath

16840 Oak View Drive, Encino, California 91436 home-pic-0
ACTIVE$2,149,000
16840 Oak View Drive, Encino, California 91436
5Beds
3Baths
2,488Sqft
17,455Lot
Year Built
1961
Close
-
List price
$2.15M
Original List price
$2.25M
Price/Sqft
$864
HOA
-
Days on market
-
Sold On
-
MLS number
25545001
Home ConditionFair
Features
Excellent View: City Lights, Hills, Mountain(s), Valley
Patio
ViewCity Lights,Hills,Mountain(s),Valley

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,7 Pros. Rank: price - $2.15M(44th), sqft - 2488(31th), beds - 5(67th), baths - 3(44th).

Views, views and more views! Welcome to your Personal Private Garden Oasis! Nestled south of Ventura Blvd and perched above the prestigious Clark Gable Estates, this incredible property offers breathtaking panoramic views of the San Gabriel, Verdugo, and Santa Monica mountain ranges, along with twinkling city lights of the San Fernando Valley and surrounding hills all while providing privacy and seclusion. Owned by the same family since 1961, this is a rare opportunity to own a timeless plot of land in the hills of Encino that has not been on the market for over six decades! This single-story home boasts approximately 2,500 sq. ft. of living space on an expansive almost half-acre lot. Inside, you'll find five spacious bedrooms, three full bathrooms, a grand living room with a cozy fireplace, and a dining room with a wet bar, perfectly positioned to capture the home's breathtaking scenery. Outside, the massive frontage (240 feet) and four distinct yard spaces (front, back, and two sides) offer endless possibilities for outdoor enjoyment. The lush grounds feature established gardens brimming with fruit trees, including avocado, guava, cherry, and peach just to name a few. Custom stonework adds character throughout the property, while the electric awning in the backyard creates the ideal shaded retreat. Updated kitchen appliances include oven, stovetop, dishwasher, and range hood. Updated sewer lines all the way out to the street. Many plumbing and electrical updates throughout. Newer dual attic fans. All the comforts of home await you, but can also be further updated and customized into your unique vision. The neighborhood is known for its serene atmosphere, elegant custom homes, and coveted location. Whether you wish to move right in or transform the property into a personalized masterpiece, the potential here is limitless. Whether it's enjoying a glass of wine as the sun sets, hosting unforgettable BBQs for Super Bowl Sunday, or simply retreating to your peaceful sanctuary after a long day this particular home delivers a lifestyle unlike any other. Don't let Google Street View fool you. This property must be seen in person to appreciate its true magic. Schedule a showing today and make this gorgeous home yours!

Nearby schools

8/10
Lanai Road Elementary School
Public,K-50.6mi
9/10
Kester Avenue Elementary School
Public,K-52.6mi
5/10
Lemay Street Elementary School
Public,K-52.8mi
6/10
Newcastle Elementary School
Public,K-52.8mi
6/10
Lemay Street Elementary School
Public,K-52.8mi
9/10
Roscomare Road Elementary School
Public,K-53.2mi
5/10
Brentwood Science School
Public,K-57.3mi
5/10
William Mulholland Middle School
Public,6-82.5mi
6/10
Gaspar De Portola Middle School
Public,6-82.5mi
3/10
William Mulholland Middle School
Public,6-82.7mi
2/10
Van Nuys Middle School
Public,6-83.0mi
4/10
Reseda Senior High School
Public,9-123.0mi
6/10
Van Nuys Senior High School
Public,9-123.5mi
6/10
University Senior High School
Public,9-127.8mi
6/10
University Senior High School Charter
Public,9-127.8mi
Condition Rating
Fair

Built in 1961, this home has been well-maintained with some functional updates like kitchen appliances, sewer lines, plumbing, electrical, and attic fans. However, the images clearly show that the kitchen cabinetry, countertops, and all three bathrooms are significantly dated in style and features, likely reflecting renovations from 15-30+ years ago or original elements. While livable, it requires substantial aesthetic updates to meet current market expectations, particularly in these key areas, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17455, living area = 2488.
Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Panoramic Views: The property offers breathtaking panoramic views of the San Gabriel, Verdugo, and Santa Monica mountain ranges, along with twinkling city lights of the San Fernando Valley, enhancing its desirability and value.
Prime Location & Privacy: Nestled south of Ventura Blvd and perched above the prestigious Clark Gable Estates, the home provides a coveted, serene, and private setting.
Expansive Lot & Outdoor Space: An almost half-acre lot (17,455 sqft) with massive 240-foot frontage and four distinct yard spaces, including lush, established gardens with various fruit trees, offers exceptional outdoor living potential.
Significant Infrastructure Updates: Recent updates to sewer lines (to the street), plumbing, electrical systems, and newer dual attic fans address critical maintenance concerns for an older home.
Rare Market Opportunity: Owned by the same family since 1961, this property represents a rare opportunity to acquire a timeless piece of land in a desirable Encino hillside location, not seen on the market for over six decades.

Cons

Potential for Extensive Modernization: While some updates are noted, the 1961-built home's description suggests it 'can also be further updated and customized,' implying significant investment may be required to fully modernize it to contemporary luxury standards.
Automated Valuation Discrepancy: The current list price is 26% higher than the automated property estimation, which could lead to buyer scrutiny and potential challenges with financing or market perception.
Absence of Central Air Conditioning: The property mentions 'newer dual attic fans' but does not specify a central air conditioning system, which is a significant amenity often expected in Southern California homes of this price point and could require a costly installation.

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