18762 Wells Drive, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 8 bath
ACTIVE$7,695,000
18762 Wells Drive, Tarzana, California 91356
5Beds
8Baths
8,174Sqft
71,417Lot
Year Built
2020
Close
-
List price
$7.7M
Original List price
$7.7M
Price/Sqft
$941
HOA
-
Days on market
-
Sold On
-
MLS number
25521783
Home ConditionExcellent
Features
Pool
ViewPool
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $7.70M(98th), sqft - 8174(99th), beds - 5(64th), baths - 8(94th).
DO NOT CONTACT THE SELLER. THE PROPERTY WILL BE RELISTED. SIGNED LISTING AGREEMENT.
Nearby schools
3/10
Tarzana Elementary School
Public,•K-5•0.9mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.5mi
6/10
Newcastle Elementary School
Public,•K-5•2.1mi
8/10
Lanai Road Elementary School
Public,•K-5•3.0mi
6/10
Gaspar De Portola Middle School
Public,•6-8•0.4mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.6mi
5/10
William Mulholland Middle School
Public,•6-8•2.9mi
3/10
William Mulholland Middle School
Public,•6-8•3.0mi
4/10
Reseda Senior High School
Public,•9-12•2.0mi
Price History
Date
Event
Price
04/30/25
Listing
$7,695,000
Condition Rating
Excellent
The property was built in 2020, making it virtually new and well within the 'built within 10 years' criteria for an excellent rating. While interior images of the kitchen and bathrooms are not provided, a property of this age would undoubtedly feature new, modern appliances, fixtures, and finishes throughout, meeting current quality standards. The provided image of the illuminated pathway further suggests a high-end, well-maintained property with modern landscaping and lighting.
Pros & Cons
Pros
New Construction: Built in 2020, this property offers modern design, up-to-date infrastructure, and minimal immediate maintenance concerns typical of newer homes.
Expansive Living Space: With 8,174 square feet, the residence provides vast living areas, ideal for large families, entertaining, and luxurious comfort.
Generous Lot Size: The property sits on a substantial 71,417 square foot lot, offering significant outdoor space for privacy, landscaping, and potential for additional amenities.
High Bathroom-to-Bedroom Ratio: Featuring 8 bathrooms for 5 bedrooms, the property offers exceptional convenience and luxury, ensuring ample facilities for residents and guests.
Desirable Location & View: Located in Tarzana, a sought-after area, the property boasts a desirable 'Pool' view, enhancing its aesthetic appeal and lifestyle offerings.
Cons
Listing Complications: The instruction 'DO NOT CONTACT THE SELLER. THE PROPERTY WILL BE RELISTED.' indicates potential issues with the current listing, which could lead to delays or uncertainty in the transaction process.
Sparse Property Description: For a luxury property of this size and price point, the lack of detailed descriptions regarding high-end finishes, specific features, or unique architectural elements may hinder buyer interest and marketing effectiveness.
Mixed Local School Ratings: While several schools are nearby, some elementary and high schools have lower ratings (e.g., 3-4/10), which could be a drawback for families prioritizing top-tier public education.