
Encino, California 91316
This Luxury Estate represents a Prime Investment Opportunity, listed at $6,999,000—positioned well below the $7,199,162 Fair Market Value by 2%. This valuation gap offers $200,162 in Instant Equity. Featuring an 8,000 sqft layout, grotto pool, and panoramic views, the property maintains a Condition Rating of 3. Its expansive grounds and separate guest house provide unmatched versatility. This is an exceptional acquisition for High-Net-Worth Individuals or Owner-Occupants seeking a private, move-in ready sanctuary in Encino.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17984 Boris Drive Subject | $6,999,000* List Price | 7 | 7 | 8,000 | $900 | - |
A 5200 Encino Avenue Sold | $7,130,000 | 6 | 7 | 8,685 | $821 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, the property is approximately 25 years old but remains in well-maintained, move-in ready condition. The gourmet kitchen features premium appliances and updated finishes that suggest a mid-life renovation (5-15 years), and the overall estate, including the primary spa-style bath and outdoor systems, shows high-level maintenance consistent with luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38425, living area = 8000.
Sited on nearly an acre of gated land, the estate offers unparalleled privacy and luxury amenities including a grotto pool, waterfall, sport court, and a full outdoor kitchen.
The property features dramatic, unobstructed views of the city lights and valley from nearly every room, a highly coveted feature that significantly enhances the home's prestige.
The sheer scale of the 8,000-square-foot residence combined with nearly an acre of mature landscaping and complex water features will necessitate high ongoing maintenance and utility costs.
Built in 2001, certain architectural elements and finishes—such as the cream cabinetry and specific stone work—may feel dated to buyers looking for a more contemporary or modern aesthetic.
Discover one of Encino's most impressive private estates, a grand Spanish Villa offering total privacy on nearly an acre of fully gated, secluded grounds south of Ventura Boulevard. With breathtaking panoramic city light and mountain views from nearly every room, a spectacular resort-style backyard with a grotto pool, waterfall, slide, and spa, a dedicated pickleball court, a separate 1,000-square-foot guest house with its own entrance and full bath, and an oversized 3-car garage plus motor court parking for up to 10 vehicles, this exceptional property delivers unmatched privacy, scale, and resort-style living at its finest. Spanning approximately 8,000 square feet, the home is approached via a grand motor court and automatic gated entry, surrounded by mature trees and lush landscaping that ensure complete seclusion. Inside, a soaring two-story foyer with dramatic center staircase sets the tone for generously proportioned living spaces featuring stone and hardwood floors, Venetian plaster walls, high ceilings, and custom wood-framed windows and doors that perfectly frame the sweeping big views. The gourmet kitchen is a showstopper with an oversized contrasting island, custom cream cabinetry, premium appliances, and pendant lighting, opening seamlessly to the expansive family room. A massive picture window captures dramatic valley and mountain vistas, while French doors lead to a covered loggia with wood-beam ceilings and stone columns, the ideal transition to the resort-like backyard oasis. Outside, enjoy your private paradise: a grotto pool with waterfall and slide, soothing spa, outdoor kitchen, fire pit, fireplace, expansive lawns, and the private pickleball court, all wrapped in mature landscaping for total privacy and effortless entertaining. Upstairs, the luxurious primary suite is a true retreat with a sitting room, fireplace, custom walk-in closets, spa-style bathroom, and a private patio overlooking the glittering city lights below. Ideally located moments from Ventura Boulevard's shops and restaurants, top-rated schools, and easy access to the Westside, Sherman Oaks, and the 101/405 freeways, this is a rare opportunity to own a true Encino landmark estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 96% |
| Baths | 7.0 | 4.0 | 88% |
| Square foot | 8,000 | 2,621 | 96% |
| Lot Size | 38,425 | 6,920.5 | 94% |
| Price | $7.00M | $1.87M | 94% |
| Price per sq ft | $875 | $755 | 72% |
| Built year | 2001 | 1956 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 155 | 3% |
May 27, 2026
$6,999,000
Initial Listing
Dec 4, 2014
$4,325,000
Public Record
Nov 27, 2013
$1,350,000
Public Record
Oct 10, 2000
$381,818
Public Record
Dec 16, 1999
$105,000
Public Record