
Encino, California 91316
This Spacious Traditional Encino Estate is a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,938,986 Fair Market Value by 7%. This valuation gap provides $143,986 in Instant Equity. While the home holds a Well-Maintained Condition Rating, its vintage 1948 finishes offer significant upside through cosmetic modernization. Set on an expansive 22,227 sq ft lot south of Ventura Boulevard, the property features mountain views, a private pool, and a spa. This is an ideal acquisition for Owner-Occupants seeking to build equity or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17952 Karen Drive Subject | $1,795,000* List Price | 5 | 5 | 2,802 | $692 | - |
A 17420 Rancho Active | $2,199,000 List Price | 3 | 2 | 2,848 | $772 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the home is well-maintained and staged but remains dated. The kitchen features older white square tile countertops and backsplashes, and the bathrooms show vintage blue tile work likely over 20-30 years old. While functional and move-in ready, the property requires cosmetic updates to the kitchen and baths to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22227, living area = 2802.
Situated south of Ventura Boulevard in a coveted Encino enclave, this property offers a prestigious address known for its exclusivity and proximity to high-end amenities.
The massive 22,227 square foot lot provides rare privacy and significant space for outdoor recreation, entertaining, or potential future property enhancements.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Originally built in 1948, the property may require updates to its core systems or cosmetic finishes to meet modern luxury standards and energy efficiency expectations.
With 2,802 square feet of living space on a half-acre lot, the home's footprint is relatively modest, which may necessitate a significant expansion for buyers seeking a larger estate-sized residence.
Nestled on an expansive 22,227 square foot lot in a prime Encino location south of Ventura Boulevard, this exceptional 5-bedroom home offers the perfect blend of space, privacy, and scenic beauty. Tucked away on a quiet street and surrounded by mature landscaping, it's designed for both comfortable living and effortless entertaining. The spacious floor plan features generous living areas filled with natural light, seamlessly connecting indoor and outdoor spaces. The luxurious upstairs primary suite is complete with a private sitting area, cozy fireplace, and breathtaking mountain views that create a true retreat-like experience. Step outside to your own backyard oasis, where a large pool and spa are set against the backdrop of serene surroundings - ideal for relaxing or hosting gatherings. The expansive grounds provide ample room for recreation, entertaining, or future enhancements. An extraordinary opportunity to own a private retreat with sweeping views in one of Encino's most coveted enclaves.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 5.0 | 3.0 | 69% |
| Square foot | 2,802 | 2,171 | 62% |
| Lot Size | 22,227 | 6,122 | 89% |
| Price | $1.79M | $1.47M | 59% |
| Price per sq ft | $641 | $801 | 23% |
| Built year | 1948 | 1955 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 159 | 1% |
Apr 16, 2026
$1,795,000
Initial Listing