
Encino, California 91316
This Stunning New Construction is a High-Potential Investment Opportunity, listed at $7,999,999—positioned well above the $7,598,379 Fair Market Value by -5%. Featuring a 2025 Mint Condition Rating, this 8,300 sqft estate offers a Detached Guest House, Private Pool and Spa, and high-end White Oak finishes. While priced at a premium, the meticulous craftsmanship and prime Rancho Street location provide long-term stability. This modern masterpiece is the ideal sanctuary for Luxury Homeowners or High-Net-Worth Individuals seeking a turnkey, sophisticated lifestyle in Encino.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17055 Rancho Street Subject | $7,999,999* List Price | 7 | 7 | 8,300 | $915 | - |
A 4816 Oak Park Avenue Sold | $6,150,000 | 5 | 6 | 6,783 | $907 | 0.1 mi |
B 5056 Louise Avenue Active | $6,990,000 List Price | 6 | 8 | 8,532 | $819 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2025 construction in mint condition. It features high-end modern finishes, a state-of-the-art kitchen with sleek cabinetry, and luxurious bathrooms. All systems (HVAC/Electric) are new, requiring no maintenance.
Situated on the prestigious Rancho Street among celebrity estates, the property offers an elite address with convenient access to Ventura Boulevard and major freeways.
This 2025-built masterpiece features meticulous craftsmanship and high-end materials like white oak and cold-rolled steel, catering to the refined tastes of luxury buyers.
The 800-square-foot accessory dwelling unit provides exceptional flexibility, functioning as a home gym, guest suite, or private office with its own kitchenette.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8300, other record living area = 2281. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 2.
Despite its luxury status, the property lacks the panoramic city or canyon views often expected by buyers in the $8 million price range.
With an 8,300-square-foot home on a roughly 15,800-square-foot lot, the outdoor space may feel slightly constrained for buyers seeking expansive estate grounds.
Sublime new construction framed by gorgeous towering Oak trees on famed Rancho Street. One of Encino's best locations, set amongst neighboring multi-million dollar celebrity estates, with quick access to Ventura Blvd and the freeway. Newly built by one of the city's best builders, reknowned for their dedication to meticulous craftsmanship. They maximized the natural sunlight exposure of this North/South orientated home. The refined buyer will appreciate the selection of such quality materials, including stone facade, brushed stone, cold-rolled steel, white oak, and gunmetal finishes. Privately gated, controlled pedestrian access and a circular motor court that leads to 3-car garage parking, this modern masterpiece offers every luxury amenity. Soaring high ceilings, voluminous glass windows that bring nature in and expand the open feeling of this house. It's a modern open floorplan with beautiful wood flooring that smartly delineates the formal living room and home theater off the entry, while providing an intimate formal dining room off the butler's pantry and kitchen. All the space for a personal art collection offers an opportunity for unique design touches that make this home truly special. The "great room" space is where the family will live - the family room anchored by big screen tv on one wall, with a huge center island with counter seating and a breakfast nook connecting the impressive kitchen and sleek cabinetry to the entire space. All of this space oversees and opens to the rear yard pool area, BBQ kitchen, and grassy yard. The detached guest house provides maximum lifestyle flexibility. A great home gym, a guest bedroom suite, and a flex space with a kitchenette make this 800 sf truly remarkable. The upstairs private rooms perfectly accommodate today's desired floorpan layout. Three secondary bedroom suites adjacent to a stunning primary suite. The primary walk-in closet satisfies the largest of wardrobe and shoe collections. The luxurious finishes in the bathroom and the oversized shower are the pinnacle of luxury. The private balcony with tree-top views that overlooks the expansive yard below is a great way to enjoy an invigorating start to your morning or relax at the end of the day. It's a great house at a great location, at a great value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 5.0 |
| Baths | 7.0 | 5.0 |
| Square foot | 8,300 | 3,822 |
| Lot Size | 15,823 | 15,887 |
| Price | $8.00M | $2.45M |
| Price per sq ft | $964 | $778 |
| Built year | 2025 | 1976 |
| HOA | $0 | $504 |
| Days on market | 34 | 56 |
Jun 18, 2026
$7,999,999
Initial Listing
Apr 25, 2022
$3,301,000
Public Record