
Woodland Hills, California 91364
This Spacious Single-Story Estate represents a High-Potential Investment Opportunity, listed at $2,395,000—positioned slightly above the $2,340,161 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and rare 22,525 sqft flat corner lot provide a massive canvas for value-add renovations. Featuring a permitted private wing, detached pool house, and resort-style amenities, this asset offers immense flexibility. It is an ideal acquisition for Value-Add Developers or Owner-Occupants looking to customize a premier Woodland Hills estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19717 Wells Drive Subject | $2,299,999* List Price | 5 | 5 | 5,254 | $417 | - |
A 4809 Queen Victoria Road Sold | $1,700,000 | 5 | 6 | 4,899 | $347 | 0.4 mi |
B 5119 Quakertown Avenue Sold | $1,885,000 | 4 | 3 | 3,320 | $568 | 0.4 mi |
C 19803 Linnet Street Sold | $1,990,000 | 4 | 4 | 4,690 | $424 | 0.3 mi |
D 5025 Delita Sold | $2,000,000 | 6 | 8 | 5,334 | $375 | 0.9 mi |
E 20209 Wells Drive Sold | $1,725,000 | 5 | 4 | 3,214 | $537 | 0.6 mi |
F 5220 Collier Place Active | $1,999,000 List Price | 6 | 5 | 4,309 | $464 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1958 and has been held by the same owner for over 30 years. While it features a permitted addition and is well-maintained, the kitchen and bathrooms show renovations that are likely 20-30 years old (dated white cabinetry and granite). The listing explicitly suggests the need for light updates, fitting the criteria for a functional but dated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22525, living area = 5254.
The rare, flat half-acre corner lot south of the boulevard offers significant privacy and a massive footprint for recreation or future expansion, a high-value asset in this neighborhood.
With over 5,200 sqft of single-story living, the property includes a permitted private wing and a detached pool house, providing exceptional flexibility for multi-generational living or a professional home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Being on the market for the first time in over 30 years, the 1958-built home likely requires cosmetic updates and modernization to meet the expectations of today's luxury buyers.
While the area is served by some high-performing schools like Calabasas High, several of the closest middle and elementary schools have lower ratings, which may be a consideration for families.
Nestled south of the boulevard on the boarder of Woodland Hills and Tarzana, 19717 Wells Dr presents a rare opportunity on a sprawling, flat half-acre corner lot. First time on the market in over 30 years, this single-story property is perfect for an end user looking to personalize with light updates or a developer seeking a premier lot in a coveted location. Inside, a thoughtfully designed floor plan offers multiple living and entertaining spaces. The entry opens to a formal living room with a fireplace and nearby powder room, flowing into the formal dining room. The dining area connects to the kitchen, complete with an eat-in area and built-in cabinetry for everyday functionality. Just beyond, an oversized family room sits at the heart of the home, featuring a built-in bar, sunroom, and additional lounge area with a built-in entertainment center, all enhanced by natural light and generous space for gathering and entertaining. Past the family room is a fully permitted addition that forms its own private wing. Filled with natural light, this versatile, open space currently functions as a complete office suite, including two additional rooms used as a break room and conference room. At the back of this wing is an additional oversized bedroom with an en-suite bathroom and sliding glass doors providing direct outdoor access, making it ideal for guests, extended family, or a live-work setup. On the opposite side of the home are the main sleeping quarters, featuring 3 secondary bedrooms, a full hallway bathroom, and the spacious primary suite with its own en-suite bathroom. Outside, the backyard offers endless possibilities and exceptional amenities. Highlights include a detached pool house with a full bathroom and bar, pool and spa, full outdoor kitchen, half basketball court, putting green, and expansive flat lawn space - perfect for entertaining, recreation, or future expansion. With its rare half-acre flat lot, single-story layout, corner positioning, and flexible living spaces, this property presents a unique opportunity to create a dream estate.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades K-5 • 3.5 mi
Grades K-5 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,254 | 2,184 |
| Lot Size | 22,525 | 11,703 |
| Price | $2.30M | $1.45M |
| Price per sq ft | $438 | $651 |
| Built year | 1958 | 1960 |
| HOA | $0 | $425 |
| Days on market | 40 | 58 |
Jul 8, 2026
$2,299,999
$2,395,000
-4% Price Drop
Initial Listing
Jun 12, 2026
$2,395,000
Initial Listing
Nov 12, 1996
$343,000
Public Record