17055 Rancho Street, Encino, California 91316, Encino, 91316 - 7 bed, 8 bath

17055 Rancho Street, Encino, California 91316 home-pic-0
ACTIVE$8,995,000
17055 Rancho Street, Encino, California 91316
7Beds
8Baths
8,700Sqft
15,823Lot

Price Vs. Estimate

The estimated value ($8,444,865.36) is $550,134.64 (6%) lower than the list price ($8,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Luxury Construction: Built in 2025, this modern farmhouse estate offers cutting-edge design, high-end finishes (brushed stone, cold-rolled steel, white oak, gunmetal), and state-of-the-art amenities, appealing to buyers seeking a move-in ready, contemporary luxury home.
Top Cons:
Reliance on Renderings: The property is currently represented by 'renderings and may include conceptual spaces subject to change,' meaning buyers are committing to a vision rather than a fully realized product, which introduces an element of uncertainty regarding the final appearance and features.

Compared to the nearby listings

Price:$8.99M vs avg $1.47M (+$7,530,000)99%
Size:8,700 sqft vs avg 2,250 sqft98%
Price/sqft:$1.0K vs avg $74592%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand new construction, built in 2025, and described as a 'modern farmhouse estate' with 'exceptional design' and 'high-end craftsmanship.' The description highlights a 'chef’s kitchen' and a 'spa-inspired bath with an oversized shower,' indicating top-tier, contemporary features and finishes in these critical areas. Materials like brushed stone, white oak, and gunmetal finishes suggest a luxurious and current aesthetic throughout. Although the images are renderings, they depict a pristine, state-of-the-art home, consistent with the 'newly built' criteria for an excellent rating, with all components being new and meeting current quality standards.
Year Built
2025
Close
-
List price
$8.99M
Original List price
$8.99M
Price/Sqft
$1,034
HOA
-
Days on market
-
Sold On
-
MLS number
SR25008173
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

ENCINO HILLS SOUTH OF THE BOULEVARD ESTATE NEW CONSTRUCTION HOME DELIVERED READY ON APRIL 15TH. Located on one of the most coveted streets south of Ventura Blvd in the prestigious Rancho Estates of Encino, this stunning modern farmhouse estate blends exceptional design with high-end craftsmanship. Its stone facade and vertical lines create a striking visual, while expansive picture windows flood the interiors with natural light. A refined selection of materials, including brushed stone, cold-rolled steel, white oak, and gunmetal finishes, creates a seamless, stylish atmosphere. The home features a chef’s kitchen, full bar, family and living rooms, office/study, cinema room, and gym, all designed for both comfort and entertainment. The luxurious primary suite includes a private balcony, a spa-inspired bath with an oversized shower, and designer walk-in closets. The outdoor space offers a pool, spa, cabana with an outdoor kitchen, fire pit, and lounging deck. An ADU provides additional flexibility, while the lush grounds, featuring olive trees and Italian cypress, offer plenty of room for play and relaxation. Ideally situated just moments from Brentwood, Bel Air, and the Westside, this home provides the ultimate in luxury living. Images shown are renderings and may include conceptual spaces subject to change.

Condition Rating
Excellent

This property is a brand new construction, built in 2025, and described as a 'modern farmhouse estate' with 'exceptional design' and 'high-end craftsmanship.' The description highlights a 'chef’s kitchen' and a 'spa-inspired bath with an oversized shower,' indicating top-tier, contemporary features and finishes in these critical areas. Materials like brushed stone, white oak, and gunmetal finishes suggest a luxurious and current aesthetic throughout. Although the images are renderings, they depict a pristine, state-of-the-art home, consistent with the 'newly built' criteria for an excellent rating, with all components being new and meeting current quality standards.
Pros & Cons

Pros

Brand New Luxury Construction: Built in 2025, this modern farmhouse estate offers cutting-edge design, high-end finishes (brushed stone, cold-rolled steel, white oak, gunmetal), and state-of-the-art amenities, appealing to buyers seeking a move-in ready, contemporary luxury home.
Prestigious Location: Situated in the 'Encino Hills South of the Boulevard' within the 'Rancho Estates,' the property boasts a highly desirable and exclusive address, offering proximity to upscale areas like Brentwood, Bel Air, and the Westside.
Comprehensive Entertainment & Lifestyle Amenities: The estate is equipped with a chef’s kitchen, full bar, cinema room, gym, and a luxurious primary suite with a spa-inspired bath, catering to a high-end lifestyle and extensive entertaining needs.
Exceptional Outdoor Living Space: The expansive outdoor area features a pool, spa, cabana with an outdoor kitchen, fire pit, and lounging deck, complemented by lush landscaping with olive trees and Italian cypress, creating a private resort-like environment.
Versatile ADU Inclusion: The presence of an Accessory Dwelling Unit (ADU) provides significant flexibility for guest accommodations, multi-generational living, or potential rental income, adding substantial value and utility to the property.

Cons

Reliance on Renderings: The property is currently represented by 'renderings and may include conceptual spaces subject to change,' meaning buyers are committing to a vision rather than a fully realized product, which introduces an element of uncertainty regarding the final appearance and features.
Lack of Views: Despite its 'Encino Hills' location, the property explicitly states 'view: None.' For a luxury estate in this price range and area, the absence of panoramic or significant views could be a notable disadvantage compared to other high-end properties.
Potential Overpricing Relative to Market Estimates: The list price of $8,995,000 is approximately 6.5% higher than the provided property estimation of $8,444,865.36, suggesting it might be priced at the very top end or slightly above current market valuations, potentially impacting buyer interest or negotiation leverage.

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