16986 Encino Hills Drive, Encino, California 91436, Encino, 91436 - 4 bed, 4 bath
16986 Encino Hills Drive
Encino, California 91436
Property Price
SUMMARY
Analysis of 16986 Encino Hills Drive, Encino, California 91436 is currently available with a list price of $2,225,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Encino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is explicitly marketed as a 'developer's dream' and a 'building envelope,' focusing almost entirely on the panoramic views and land value rather than the 1967 structure. The listing description and property analysis suggest the existing home is a candidate for demolition to make way for new construction, fitting the criteria for a tear-down where value is derived from the lot and redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 22640, living area = 2543.
- Great Schools
Elementary School: Roscomare Road Elementary School (9/10).
- Exceptional Panoramic Views
The property boasts 'billion-dollar' panoramic views of the canyon, valley, and mountains, providing a rare and highly sought-after backdrop that significantly enhances the land's value.
CONSRISKS & DEFICIENCIES
- Dated Existing Structure
Built in 1967, the current residence likely requires extensive modernization or a complete teardown to align with the luxury standards of the surrounding community.
- High Capital Requirement
The $2.225M price point reflects the value of the land and views, meaning buyers will need substantial additional capital for the necessary renovations or new construction.
About 16986 Encino Hills Drive
It's all about the billion-dollar views - absolutely stunning, panoramic canyon views! This property offers a great, level building envelope overlooking the canyon, valley, and mountains beyond. Almost to Mulholland, the location is close to Upper Canyonback Trailhead. The setting is peaceful and beautiful. This is a developer's dream come true!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 22,640 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Encino Unified Schools
Lanai Road Elementary School
Grades K-5 • 1.2 mi
Roscomare Road Elementary School
Grades K-5 • 2.4 mi
Kester Avenue Elementary School
Grades K-5 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,543 | 3,211 | 29% |
| Lot Size | 22,640 | 13,270 | 84% |
| Price | $2.23M | $2.27M | 49% |
| Price per sq ft | $875 | $743 | 75% |
| Built year | 1967 | 1964 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 182 | 3% |
Pricing History
Listed for Sale
Mar 1, 2026
$2,225,000
Initial Listing