18623 Palomino Drive, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 3 bath

18623 Palomino Drive, Tarzana, California 91356 home-pic-0
ACTIVE$2,395,000
18623 Palomino Drive, Tarzana, California 91356
4Beds
3Baths
2,731Sqft
11,093Lot
Year Built
1962
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$877
HOA
-
Days on market
-
Sold On
-
MLS number
25609969
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Golf Course, Hills
Patio
ViewPark/Greenbelt,Golf Course,Hills

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.40M(75th), sqft - 2731(42th), beds - 4(50th), baths - 3(50th).

This recently remodeled 4-bedroom home is sited on a quiet cul-de-sac in the hills of Tarzana. Offering a host of modern luxury updates and an open floor plan, the home is bathed in natural light from multiple skylights, walls of windows and French doors. No detail has been overlooked in the renovation, which includes a brand-new HVAC system, water heater, and updated roof. The kitchen has been completely transformed and features a large central island, custom wood cabinetry, and top-of-the-line appliances, including a Sub-Zero refrigerator, double Miele oven and Bosch dishwasher. Updated flooring and all-new solid wood interior doors add to the home's fresh, modern appeal. The spacious primary suite boasts two walk-in closets designed by California Closets, while the oversized primary bath incorporates a soaking tub, separate shower, enormous vanity, and sliding doors to the backyard. Throughout the home, new lighting, interior and exterior hardware, and select window replacements enhance both functionality and aesthetic appeal. Outside, the newly landscaped front and back yards set the home apart. Perched above neighboring properties, this home offers lovely views of the hills and Braemar County Club. Located near hiking trails, top-tier shopping, and dining including Whole Foods and Gelson's.

Nearby schools

3/10
Tarzana Elementary School
Public,K-51.7mi
3/10
Vanalden Avenue Elementary School
Public,K-52.2mi
8/10
Lanai Road Elementary School
Public,K-52.6mi
6/10
Newcastle Elementary School
Public,K-52.7mi
6/10
Gaspar De Portola Middle School
Public,6-81.1mi
5/10
Woodland Hills Charter Academy
Public,6-83.1mi
5/10
William Mulholland Middle School
Public,6-83.3mi
3/10
William Mulholland Middle School
Public,6-83.5mi
4/10
Reseda Senior High School
Public,9-122.7mi

Price History

Date
Event
Price
10/23/25
Listing
$2,395,000
Condition Rating
Excellent

This property has undergone a comprehensive and recent luxury renovation, as explicitly stated in the description and clearly visible in the images. The kitchen is completely transformed with custom cabinetry, a large island, and top-of-the-line appliances (Sub-Zero, Miele, Bosch). Bathrooms feature modern fixtures, large format tiling, and a freestanding tub, appearing virtually new. Major systems like HVAC, water heater, and roof are brand new or updated. The flooring, lighting, and interior doors are also new, indicating that all components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: The property has undergone a comprehensive, high-quality renovation with modern luxury updates, including a brand-new HVAC system, water heater, and updated roof, minimizing immediate maintenance concerns for a new owner.
Gourmet Kitchen: The kitchen has been completely transformed, featuring a large central island, custom wood cabinetry, and top-of-the-line appliances such as a Sub-Zero refrigerator, double Miele oven, and Bosch dishwasher, appealing to discerning buyers.
Luxurious Primary Suite: The spacious primary suite offers two walk-in closets designed by California Closets and an oversized primary bath with a soaking tub, separate shower, and enormous vanity, providing a spa-like and highly functional retreat.
Bright & Open Living Spaces: An open floor plan, multiple skylights, walls of windows, and French doors ensure abundant natural light throughout the home, creating an inviting, airy, and contemporary living atmosphere.
Desirable Location & Views: Sited on a quiet cul-de-sac in the hills of Tarzana, the home offers lovely views of the hills and Braemar Country Club, coupled with convenient access to hiking trails, top-tier shopping, and dining.

Cons

Age of Original Construction: Despite extensive remodeling, the home was originally built in 1962. While many systems are new, the underlying structure's age might raise concerns for some buyers regarding potential unforeseen issues or long-term maintenance.
Listing Price Discrepancy: The current listing price is notably higher than the property's estimated value (estimation ratio -9), which could indicate an aggressive pricing strategy and potentially impact buyer interest or negotiation flexibility.
Mixed School Ratings: Several nearby public elementary and high schools have lower ratings (e.g., 3-4 out of 10), which could be a significant consideration for families prioritizing access to highly-rated public education.

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