
Tarzana, California 91356
This Stunning Melody Acres Estate is a Strong Value Opportunity, listed at $3,349,000—positioned well below the $3,254,844 Fair Market Value by -2%. While the list price reflects a premium, the property boasts an Excellent Condition Rating following a high-end, contemporary renovation. Featuring a chef's kitchen, resort-style pool and spa, and 7 bedrooms, this home offers a turnkey lifestyle in a prime location. It is an ideal acquisition for large families or luxury owner-occupants seeking a sophisticated, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19436 Hatteras Street Subject | $3,349,000* List Price | 7 | 6 | 4,705 | $692 | - |
A 5036 Shirley Avenue Sold | $4,000,000 | 6 | 7 | 4,825 | $829 | 0.9 mi |
B 5313 Crebs Avenue Active | $3,095,000 List Price | 5 | 6 | 3,786 | $817 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a high-end, contemporary renovation within the last 5 years. It features a sleek chef's kitchen with a waterfall island and premium appliances, modern spa-inspired bathrooms, and a fully updated resort-style backyard, placing it in mint condition despite the 1964 original build date.
The expansive 16,000+ sq. ft. lot features a pool with a waterslide, sports court, and built-in BBQ, offering a premier entertainment space for Southern California living.
With 7 bedrooms and 6 bathrooms across 4,705 sq. ft., this property provides rare and significant utility for large families or multi-generational households.
The sleek kitchen is outfitted with premium appliances and a waterfall island, serving as a modern and functional centerpiece for the open-concept main living area.
A two-car garage is relatively small for a seven-bedroom luxury estate at this price point, which may be a drawback for buyers with multiple vehicles.
Originally built in 1964, the home may have older underlying infrastructure or systems that require more maintenance than a contemporary new-construction estate.
Stunning Melody Acres Estate! Set behind private gates on a sprawling 16,000+ sq. ft. lot, this stunning one-of-a-kind estate offers the perfect blend of luxury, privacy and space. A grand double-door entry welcomes you into a spacious open-concept main living area, where a dramatic double-sided fireplace and built-in bar serve as striking focal points, creating an inviting atmosphere for both everyday living and effortless entertaining. At the heart of the home lies a sleek chef's kitchen outfitted with premium appliances and a waterfall island with seating. Designed for seamless indoor-outdoor living, multiple French doors open to a spectacular private backyard retreat complete with a resort-style pool and spa with a waterslide, a sports court, covered patio and built-in BBQ. An exceptional setting for relaxing, entertaining and enjoying Southern California living year-round. This home offers seven generously sized bedrooms, including an expansive primary suite that boasts a private balcony, custom walk-in closet and spa-inspired bath appointed with a jetted soaking tub, steam shower and dual-sink vanity. Additional highlights include a media room with an attached bath, dedicated laundry room, two-car garage and gated circular driveway that provides ample parking. This property is ideally located in the heart of Tarzana near highly regarded schools and just moments from Ventura Boulevard's premier shops and restaurants.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.1 |
| Baths | 6.0 | 3.3 |
| Square foot | 4,705 | 2,473.289 |
| Lot Size | 16,699 | 14,080.733 |
| Price | $3.35M | $1.74M |
| Price per sq ft | $712 | $643 |
| Built year | 1964 | 1961 |
| HOA | $0 | $600 |
| Days on market | 23 | 70 |
Aug 17, 2026
$3,349,000
Initial Listing
Jan 21, 2000
$405,000
Public Record