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

17228 Otsego Street, Encino, California 91316 home-pic-0
ACTIVE$6,799,000$8,196/sqft
Est. Value: $6,930,306
1%
FairlyEstimate
17228 Otsego Street, Encino, California 91316
6Beds
9Baths
8,196Sqft
18,218Lot

Price Vs. Estimate

The estimated value ($6,930,305.75) is $131,305.75 (1%) lower than the list price ($6,799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Modern Design: Built in 2023, this newly constructed modern estate boasts impeccable design, state-of-the-art finishes, and pristine white oak floors, offering a move-in ready contemporary luxury experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 8196, other record living area = 3657. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.

Compared to the nearby listings

Price:$6.80M vs avg $1.38M (+$5,424,000)96%
Size:8,196 sqft vs avg 1,838 sqft96%
Price/sqft:$830 vs avg $76573%

More Insights

Built in 2023 (3 years old).
Condition: This property was built in 2023, making it a brand-new construction. The description highlights an 'impeccably designed' and 'state-of-the-art kitchen' with marble and a butler's pantry, 'pristine white oak floors,' and 'heated floors in most' areas. The images confirm a modern, high-end aesthetic throughout, with new, top-of-the-line appliances in the kitchen, luxurious marble and stone finishes in the bathrooms, and contemporary light fixtures. All components appear new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2023
Close
-
List price
$6.8M
Original List price
$6.8M
Price/Sqft
$830
HOA
-
Days on market
-
Sold On
-
MLS number
26639273
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View

About this home

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.

C
Craig Knizek
Listing Agent

Price History

Date
Event
Price
07/01/24
Sold
$6,795,000
03/17/21
Sold
$2,282,500
Condition Rating
Excellent
This property was built in 2023, making it a brand-new construction. The description highlights an 'impeccably designed' and 'state-of-the-art kitchen' with marble and a butler's pantry, 'pristine white oak floors,' and 'heated floors in most' areas. The images confirm a modern, high-end aesthetic throughout, with new, top-of-the-line appliances in the kitchen, luxurious marble and stone finishes in the bathrooms, and contemporary light fixtures. All components appear new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Brand New Construction & Modern Design: Built in 2023, this newly constructed modern estate boasts impeccable design, state-of-the-art finishes, and pristine white oak floors, offering a move-in ready contemporary luxury experience.
Comprehensive Luxury Amenities: The property features an extensive array of high-end amenities including a state-of-the-art kitchen with butler's pantry, heated floors, a bank-grade safe room, an entertainment-rich basement (bar, media room, gym), a crystalline pool, guest house, and basketball court.
Exceptional Security & Privacy: Located at the end of a quiet cul-de-sac, the gated estate is surrounded by perimeter surveillance and security cameras, and includes a bank-grade safe room, ensuring unparalleled safety and seclusion.
Expansive Living Space & Generous Lot: With 8,196 sqft of living space, 6 generously scaled bedrooms, 9 bathrooms, and a substantial 18,218 sqft lot, the property offers ample room for a large family and entertaining.
Prestigious Location & Lifestyle Offering: Positioned as 'Amestoy Estates's crown jewel' in Encino, this property promises an extraordinary California lifestyle, blending opulence with family-first design in a highly desirable area.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 8196, other record living area = 3657. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
High Price Point & Limited Buyer Pool: The list price of $6.799 million places this property in a very exclusive market segment, potentially limiting the pool of prospective buyers and extending the time on market.
Significant Ongoing Costs: As a large, luxury estate with extensive amenities, the property will incur substantial ongoing expenses including high property taxes, insurance premiums, and maintenance costs for the house, pool, guest house, and various systems.
Potential for Over-Customization: While highly luxurious, the property's specific 'family-first design' and extensive built-in features (e.g., dedicated media room, gym, basketball court) may appeal to a niche buyer, potentially narrowing its market to those whose lifestyle perfectly aligns with these particular amenities.
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