
Woodland Hills, California 91364
This Spacious Single-Story Estate represents a High-Potential Investment Opportunity, listed at $2,495,000—positioned well below the $2,626,268 Fair Market Value by 4%. This valuation gap offers $131,268 in Instant Equity. With a Condition Rating of 4, the property features a sprawling half-acre flat lot, pool and spa, and a permitted private wing. This asset is ideal for Value-Add Developers or Owner-Occupants seeking to modernize a premier Woodland Hills location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19717 Wells Drive Subject | $2,495,000* List Price | 5 | 5 | 5,254 | $500 | - |
A 5119 Quakertown Avenue Sold | $1,885,000 | 4 | 3 | 3,320 | $568 | 0.4 mi |
B 5220 Collier Place Active | $2,199,000 List Price | 6 | 5 | 4,309 | $510 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958 and held by the same owner for over 30 years, the property is well-maintained but dated. The kitchen and bathrooms reflect renovations likely from the 1990s (raised-panel cabinets and speckled granite), placing them in the 20-30 year age bracket. While functional and move-in ready, the home requires cosmetic updates and likely system overhauls to meet modern standards.
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, sprawling half-acre flat corner lot south of the boulevard provides an exceptional and highly usable canvas for developers or end-users to create a premier luxury estate.
With over 5,200 square feet of living space, the home features a permitted private wing and office suite, offering incredible flexibility for multi-generational living or a sophisticated work-from-home setup.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Offered for the first time in over 30 years, the 1958-built residence likely requires significant cosmetic updates and modernization to meet the standards of today's luxury buyers.
While the location is coveted, several of the assigned local public schools carry lower ratings, which may be a drawback for families prioritizing high-performing educational districts.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 77% |
| Baths | 5.0 | 3.0 | 83% |
| Square foot | 5,254 | 2,273.5 | 93% |
| Lot Size | 22,525 | 9,735 | 91% |
| Price | $2.50M | $1.33M | 91% |
| Price per sq ft | $475 | $623 | 15% |
| Built year | 1958 | 1960 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 140 | 4% |
Apr 20, 2026
$2,495,000
Initial Listing
Nov 12, 1996
$343,000
Public Record