
Tarzana, California 91356
This Renovated Hillside Estate is a High-Potential Investment Opportunity, listed at $2,395,000—positioned well below the $2,495,000 Fair Market Value by 4%. This valuation gap offers $100,000 in Instant Equity for buyers. Boasting a Luxury Condition Rating, the residence features a chef’s kitchen, panoramic canyon views, and a resort-style pool. The expansive 28,262 sq ft lot provides significant ADU potential near Gaspar De Portola Middle School. This is an ideal acquisition for Luxury Owner-Occupants or Multi-generational Families seeking a value-driven sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19538 Redwing Subject | $2,395,000* List Price | 7 | 5 | 4,010 | $597 | - |
A 5220 Melvin Avenue Active | $1,899,999 List Price | 5 | 4 | 3,974 | $478 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone an extensive, high-end renovation within the last 5 years, bringing it to current luxury standards. The interior features a contemporary chef's kitchen with custom cabinetry, an oversized waterfall center island, and premium stainless steel appliances. The home showcases modern wide-plank flooring, recessed lighting, and updated bathrooms with designer fixtures. The exterior is equally well-maintained with a newer resort-style pool, spa, and a fully equipped outdoor kitchen, indicating no deferred maintenance and a move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28262, living area = 4010.
Situated South of the Boulevard on a quiet cul-de-sac, this property offers exceptional privacy and breathtaking panoramic canyon and treetop views.
The massive 28,250+ sq ft lot provides rare space for a hillside property, offering significant potential for an ADU or further customization.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4010, other record living area = 3788. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
The assigned local elementary and high schools have lower ratings (3 and 4), which may be a consideration for families focused on top-tier public education.
As a 1964 hillside residence on a large lot, the property may require more intensive maintenance regarding slope stability and expansive landscaping compared to flat-lot homes.
Spectacular, spacious, and set South of the Boulevard atop a quiet cul-de-sac, this beautifully updated Tarzana hillside home offers sweeping panoramic canyon and treetop views with exceptional privacy. Sited on over 28,250 sq ft of land, the residence spans 4,010 sq ft with 7 bedrooms and 5 bathrooms, thoughtfully designed for comfort, flexibility, and effortless entertaining. Inside, a bright open layout showcases wide-plank flooring, recessed lighting, and multiple living areas anchored by walls of glass and large sliding doors that create a true indoor-outdoor lifestyle. The chef’s kitchen is the heart of the home, featuring custom cabinetry, stainless steel appliances, and an oversized center island, flowing seamlessly into the dining and living spaces—perfect for gatherings both large and intimate. Step outside to resort-style grounds with a sparkling pool and spa, lush, manicured landscaping, an outdoor kitchen/BBQ, and multiple patios and lounging areas designed to enjoy the serene hillside setting and unforgettable views. The expansive lot also offers outstanding potential for an ADU and/or future customization. Ideally located near top shopping and dining, schools, and convenient routes to both the Valley and the Westside — this is Tarzana living at its finest.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 97% |
| Baths | 5.0 | 4.0 | 71% |
| Square foot | 4,010 | 2,902 | 73% |
| Lot Size | 28,262 | 17,150 | 91% |
| Price | $2.40M | $1.85M | 76% |
| Price per sq ft | $597 | $662 | 27% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 170 | 23% |
Feb 27, 2026
$2,395,000
$2,495,000
-4% Price Drop
Initial Listing
Jan 21, 2026
$2,495,000
Initial Listing
Mar 22, 2002
$589,000
Public Record
Jun 27, 2001
$560,000
Public Record
Oct 28, 1997
$353,000
Public Record