18762 Wells Drive, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 8 bath
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Tarzana, California 91356
This Modern Farmhouse Estate is a High-Potential Investment Opportunity, listed at $6,495,000—positioned well below the $6,565,945 Fair Market Value by 1%. This valuation gap offers $70,945 in Instant Equity. Featuring an Excellent Condition Rating, this 8,174 sq. ft. residence boasts a resort-style pool, full-size tennis court, and gourmet chef's kitchen. While local schools offer moderate ratings, the property’s expansive 1.6-acre lot and luxury amenities provide unmatched privacy. This is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a turnkey, grand-scale lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18762 Wells Drive Subject | $6,495,000* List Price | 5 | 8 | 8,174 | $803 | - |
A 18625 Wells Drive Sold | $5,199,000 | 7 | 9 | 6,182 | $841 | 0.2 mi |
B 4607 Vanalden Avenue Active | $5,250,000 List Price | 6 | 7 | 8,138 | $645 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone a complete high-end modern farmhouse reconstruction. The kitchen features premium Miele and Wolf appliances, and the bathrooms are spa-inspired with modern finishes. Given the 2021 sale price and 'ultra-modern' description, the renovation is less than 5 years old, placing it in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 71395, living area = 8174.
The massive 1.6-acre lot features a full-size tennis and basketball court, a resort pool with a grotto and waterslide, and a detached guest house, offering an unparalleled private recreation experience.
Set behind a dramatic 400-foot gated driveway, this 8,174-square-foot estate provides a rare level of seclusion and expansive living space in the prestigious south of Ventura Boulevard enclave.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 8174, other record living area = 6656. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The assigned local public elementary and high schools have relatively low performance ratings, which may be a drawback for families prioritizing the public school system.
The property is currently listed at $6.495M, which is significantly lower than its 2021 sale price of $7.175M, potentially signaling a correction in local high-end market values.
Welcome to this grand 5-bedroom, 8-bathroom modern farmhouse estate, nestled south of Ventura Boulevard in Tarzana, which blends timeless luxury with resort-style living. Privately gated with a dramatic 400-foot driveway and set across an expansive 1.6-acre lot, this extraordinary residence offers an unparalleled lifestyle defined by sophistication, comfort, and tranquility. Designed for both grand-scale entertaining and everyday elegance, the home showcases expansive living spaces flooded with natural light, seamlessly connecting the indoor and outdoor environments. The gourmet chef's kitchen is appointed with custom cabinetry, premium Miele and Wolf appliances, a built-in coffee maker, butler's pantry, and oversized gathering areas with generous bar seating, perfect for entertaining or casual everyday dining, all overlooking the lush backyard retreat. Complementing the main living areas are a formal dining room and an inviting family room featuring a fireplace and a stunning aquarium divider that separates the lounge space, while pocket doors create the ideal open-concept flow. Upstairs, an additional family room leads to the elegant primary suite, highlighted by soaring beamed ceilings, dual custom walk-in closets, a built-in fireplace, and a substantial private balcony overlooking the resort-style grounds. The spa-inspired primary bath features dual oversized vanities, and a luxurious soaking tub. Additional upstairs amenities include generously sized secondary bedrooms and a dedicated walk-in laundry room. Perfectly placed near premier dining, shopping, and entertainment, this exceptional estate presents a rare opportunity to own in one of Tarzana's most sought-after enclaves. The grounds are truly unmatched, featuring a full-size tennis and basketball court, a resort-style swimming pool complete with a waterslide, waterfalls, Baja shelf, and grotto. Additionally, there is a gazebo featuring its own bath and wet bar, plus a wine cellar perfect for hosting unforgettable gatherings. Additional highlights include an ultra modern theater room, private fitness studio, detached guest house ideally for friends or extended family, plus a three-car garage. With extensive parking and every luxury amenity thoughtfully curated, this estate is ready to welcome you home.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 8.0 | 4.0 | 95% |
| Square foot | 8,174 | 2,844 | 97% |
| Lot Size | 71,395 | 17,462 | 97% |
| Price | $6.50M | $1.86M | 99% |
| Price per sq ft | $795 | $661 | 75% |
| Built year | 1940 | 1963 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 149 | 3% |
May 25, 2026
$6,495,000
Initial Listing
Mar 16, 2021
$7,175,000
Public Record
Feb 29, 2000
$323,182
Public Record