17228 Otsego Street, Encino, California 91316, Encino, 91316 - 6 bed, 9 bath

17228 Otsego Street, Encino, California 91316 home-pic-0
ACTIVE$6,999,999
17228 Otsego Street, Encino, California 91316
6Beds
9Baths
8,196Sqft
18,218Lot
Year Built
2023
Close
-
List price
$7M
Original List price
$7.5M
Price/Sqft
$854
HOA
-
Days on market
-
Sold On
-
MLS number
25555893
Home ConditionExcellent
Features
Pool
Patio
View

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $7.00M(96th), sqft - 8196(96th), beds - 6(89th), baths - 9(98th).

Gated. Grand. Impeccably designed for the discerning family. This is a home built with intention. At the end of a quiet cul-de-sac, this newly constructed modern estate isn't merely a house, it's a love letter to the life you've been waiting to live. Surrounded by perimeter surveillance, this house offers the rare combination of elegance, safety, and seclusion. This is where opulence meets family-first design, a place where children can safely ride bikes, shoot hoops, or splash in the pool, all within the security and serenity of your private estate. The state-of-the art kitchen, with its marble, muted tones, and butler's pantry perfectly marries form and function for gourmet meals or casual family gatherings. The kind of home where light dances across pristine white oak floors, showcasing the craftsmanship which adds architectural warmth to the expansive living spaces. There are six generously scaled bedrooms. There are seven full bathrooms, two powder bathrooms, and yes, heated floors in most. Because even luxury can be nurturing. A bank-grade safe room and a three-car garage ensure total peace of mind, blending luxury with practical security. Downstairs, the entertainment-rich basement is every teenager's dream (and every parent's bargaining chip); offering a sleek bar, fantastic media room, and a gym. Outside, enjoy the epitome of the California lifestyle as the crystalline pool glistens, the guest house charms, and the basketball court pulses with the sound of childhood. There are security cameras all around, but because peace of mind is the ultimate luxury. Amestoy Estates's crown jewel, this retreat isn't just a luxury home it's a lifestyle and a promise of extraordinary living.

Price History

Date
Event
Price
09/20/25
Price Change
$6,999,999-6.6%
06/23/25
Listing
$7,495,000
Condition Rating
Excellent

This property was built in 2023, making it a brand-new construction. The MLS description explicitly states it's a 'newly constructed modern estate' with a 'state-of-the-art kitchen' featuring marble and a butler's pantry, 'pristine white oak floors,' and 'heated floors in most.' The images confirm a consistently modern and luxurious aesthetic throughout, with high-end stainless steel appliances, contemporary light fixtures, sleek cabinetry, and immaculate bathrooms with modern vanities and finishes. There is no sign of wear, tear, or outdated components, meeting all criteria for an 'excellent' condition score.
Pros & Cons

Pros

New Construction & Modern Luxury: Built in 2023, this newly constructed estate boasts impeccable modern design, high-end finishes like marble and pristine white oak floors, and a state-of-the-art kitchen with a butler's pantry.
Comprehensive Security & Privacy: Located at the end of a quiet cul-de-sac, the gated property features perimeter surveillance, security cameras, and a bank-grade safe room, ensuring exceptional safety and seclusion.
Extensive Entertainment & Recreation: The property offers an entertainment-rich basement with a sleek bar, media room, and gym, complemented by outdoor amenities including a crystalline pool, guest house, and basketball court.
Spacious & Functional Layout: With 6 generously scaled bedrooms, 7 full bathrooms, 2 powder bathrooms, and 8,196 sqft of living space on an 18,218 sqft lot, it's designed for expansive family living.
Premium Comfort Features: Enhancing daily comfort, the home includes heated floors in most areas and a three-car garage, reflecting a focus on luxury and convenience.

Cons

Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $7.495M to $6.999999M, which may indicate initial overpricing or challenges in attracting buyers.
High Ongoing Costs: Given its expansive size, numerous luxury amenities (pool, guest house, heated floors), and advanced systems, the property will likely incur substantial ongoing maintenance, utility, and insurance expenses.
Niche Market Appeal: While exquisitely designed for luxury family living, the specific scale and extensive features may appeal to a more limited pool of high-net-worth buyers, potentially affecting market liquidity.

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