17624 Martha Street, Encino, California 91316, Encino, 91316 - 3 bed, 3 bath

17624 Martha Street, Encino, California 91316 home-pic-0
ACTIVE UNDER CONTRACT$1,689,000
17624 Martha Street, Encino, California 91316
3Beds
3Baths
2,250Sqft
5,596Lot

Price Vs. Estimate

The estimated value ($965,573.515) is $723,426.485 (42%) lower than the list price ($1,689,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Renovation & Smart Home Features: The property is a 'newly constructed, custom-built smart home' with updated plumbing, electrical, insulation, roof, windows, and doors, offering modern efficiency and technology.
Top Cons:
Significant Valuation Discrepancy: The listing price of $1.689M is considerably higher than the provided property estimation of approximately $965K, and also exceeds most recent comparable sales in the area, indicating potential overpricing.

Compared to the nearby listings

Price:$1.69M vs avg $1.47M (+$224,000)59%
Size:2,250 sqft vs avg 2,250 sqft50%
Price/sqft:$751 vs avg $74552%

More Insights

Built in 1949 (76 years old).
Condition: Despite the original build year of 1949, the listing explicitly states this is a 'newly constructed, custom-built smart home' with 'new plumbing, electrical, and insulation, new roof, and new windows and doors.' The images and description confirm a full, high-end renovation with 'elevated craftsmanship,' 'wide-plank white oak hardwood floors,' a 'chef's kitchen' with 'custom cabinetry and countertops, luxury Thor appliances,' and 'spa-like baths' featuring a Japanese soaking tub, rain shower, and smart bidet toilets. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1949
Close
-
List price
$1.69M
Original List price
$1.69M
Price/Sqft
$751
HOA
-
Days on market
-
Sold On
-
MLS number
25536007
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to your private oasis of quiet luxury and timeless design. This newly constructed, custom-built smart home was designed with intentionality, care, and elevated craftsmanshipnot just another flip. Gated, private, and thoughtfully detailed, this home blends high-end finishes with functionality in every corner. Step through the custom front door and into an open floor plan bathed in natural light, featuring wide-plank white oak hardwood floors and clean modern lines. The chef's kitchen is a standout, with custom cabinetry and countertops, luxury Thor appliances, and seamless flow into a generous dining area and living room perfect for entertaining or everyday elegance. The primary suite is a peaceful retreat with a Venetian plaster feature wall, custom built-ins, and walk-in closet. The spa-like bath is a showstopper: Japanese soaking tub, rain shower, and smart bidet toiletserene and state-of-the-art.Each guest suite has its own custom-built white oak closet and private en-suite bathroom, offering privacy and comfort for every guest or family member. Step outside, through the custom PRL sliders, to a professionally landscaped yard with an outdoor kitchen and custom built-in BBQ with Dekton countertop. The climate-controlled back lounge features epoxy floors, sound system, and a striking modern aesthetic, ideal for a home gym, theater, studio, or office. Additional features abound, including two EV charger plugs (one in the front driveway, one in the back garage), new plumbing, electrical, and insulation, ensuring both efficiency and peace of mind. A fire sprinkler system, new roof, and new windows and doors further enhance the home's safety and energy efficiency. Conveniently located within walking distance to shopping, restaurants, places of worship, and offering easy freeway access, this exquisite home offers the ultimate in modern living. Don't miss your chance to experience the pinnacle of contemporary luxuryschedule your private tour today!

Condition Rating
Excellent

Despite the original build year of 1949, the listing explicitly states this is a 'newly constructed, custom-built smart home' with 'new plumbing, electrical, and insulation, new roof, and new windows and doors.' The images and description confirm a full, high-end renovation with 'elevated craftsmanship,' 'wide-plank white oak hardwood floors,' a 'chef's kitchen' with 'custom cabinetry and countertops, luxury Thor appliances,' and 'spa-like baths' featuring a Japanese soaking tub, rain shower, and smart bidet toilets. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation & Smart Home Features: The property is a 'newly constructed, custom-built smart home' with updated plumbing, electrical, insulation, roof, windows, and doors, offering modern efficiency and technology.
High-End Finishes & Craftsmanship: Features like 'elevated craftsmanship,' 'wide-plank white oak hardwood floors,' 'custom cabinetry,' 'luxury Thor appliances,' 'Venetian plaster,' and 'spa-like baths' demonstrate superior quality and aesthetic appeal.
Luxurious & Functional Interior Layout: An 'open floor plan bathed in natural light,' a 'chef's kitchen,' a 'peaceful retreat' primary suite with custom built-ins, and private en-suite bathrooms for all guest suites enhance living comfort and elegance.
Exceptional Outdoor Entertainment & Versatile Spaces: A 'professionally landscaped yard with an outdoor kitchen and custom built-in BBQ' combined with a 'climate-controlled back lounge' (ideal for gym, theater, studio, or office) provides diverse lifestyle options.
Prime Location with Excellent Accessibility: The home is 'conveniently located within walking distance to shopping, restaurants, places of worship, and offering easy freeway access,' highlighting its desirable and accessible position in Encino.

Cons

Significant Valuation Discrepancy: The listing price of $1.689M is considerably higher than the provided property estimation of approximately $965K, and also exceeds most recent comparable sales in the area, indicating potential overpricing.
Absence of Scenic Views: The property explicitly states 'view: None,' which may be a disadvantage for buyers prioritizing scenic vistas, especially given the luxury market segment in Encino.
Lack of a Private Pool/Spa: Despite having an outdoor kitchen, the absence of a private pool or spa could be perceived as a missing luxury amenity, particularly in the Southern California climate and for a home in this price range.

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