
Los Angeles, California 91316
This Lake Encino Estate represents a High-Potential Investment Opportunity, listed at $3,253,800—positioned above the $3,111,563 Fair Market Value. While the property commands a premium, its 4,634 sq. ft. layout and dramatic lake outlook provide a rare foundation for luxury repositioning. With a Condition Rating of 4, the home requires modernization to reach its full potential. The expansive 17,447 sq. ft. lot and private pool offer significant upside for value-add renovations. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a premier hillside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18124 Green Meadow Drive Subject 6 bd · 6 ba · 5,212 sqft · $695 | $3,590,000* List Price | 6 | 6 | 5,212 | $695 | - |
A 4167 Alonzo Avenue Pending 6 bd · 6 ba · 4,474 sqft · $580 · 0.3 mi | $2,595,000 List Price | 6 | 6 | 4,474 | $580 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this 51-year-old property is well beyond the 20-year threshold for dated systems. While the exterior appears well-maintained, the 'classic Tudor' description and the invitation to 'make it your own' suggest original or aging kitchens, baths, and a wood-shingle roof that require modernization.
Situated in the prestigious Lake Encino enclave, the property offers a quiet, master-planned community feel with wide, tree-lined streets and access to exclusive tennis courts.
The estate features a rare, dramatic lake outlook and a generous 0.40-acre lot complete with a private pool and primary suite balcony, maximizing the indoor-outdoor lifestyle.
With over 4,600 square feet of living space, five bedrooms, and six bathrooms, the home provides a functional and spacious floor plan ideal for large-scale entertaining and family living.
Built in 1975, the Tudor-style interior and finishes may require significant capital investment to update and align with contemporary luxury standards.
The classic wood-shingle gable roof and 1970s construction may result in higher insurance premiums and more intensive maintenance compared to newer residential developments.
Welcome to Lake Encino, one of Encino's most quietly coveted hillside enclaves. Set on a tree-lined stretch of Green Meadow Drive, this classic two-story Tudor offers 5 bedrooms, 6 baths, and approximately 4,634 square feet on a generous 17,442 sq. ft. (0.40-acre) lot.Built in 1975, the home has the scale and flow that still define the neighborhood: an open living, dining, and family gathering space anchored by a fireplace; a substantial primary suite with his-and-hers closets and a balcony that takes in the view; and a large usable yard with the dramatic, exclusive lake outlook the property has long been known for. A private pool completes the indoor-outdoor lifestyle. Central heating and cooling; Tudor character with stucco walls and a wood-shingle gable roof.Lake Encino is a late-1960s/1970s master-planned pocket on a plateau above Ventura Boulevardwide streets, mature trees, a calm residential feel, and access to community tennis courts through a modest HOA. Dining, shopping, and the 101 are a short drive down the hill, while the street itself stays quiet and private.A rare chance to own a view-oriented Lake Encino estate with room to live, entertain, and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 5,212 | 1,670.836 |
| Lot Size | 17,447 | 6,152.156 |
| Price | $3.59M | $1.34M |
| Price per sq ft | $689 | $807 |
| Built year | 1975 | 1941 |
| HOA | $0 | $238 |
| Days on market | 59 | 56 |
Oct 29, 2026
$3,590,000
$3,253,800
+10% Price Increase
Initial Listing
Sep 11, 2026
$3,253,800
Initial Listing
Jun 25, 2003
$1,137,000
Public Record
Dec 2, 1999
$784,000
Public Record