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20286 Allentown Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 5 bed, 5 bath

20286 Allentown Drive, Woodland Hills, California 91364 home-pic-0
ACTIVE$2,295,000
20286 Allentown Drive, Woodland Hills, California 91364
5Beds
5Baths
4,150Sqft
16,810Lot

Price Vs. Estimate

The estimated value ($1,141,864.8) is $1,153,135.2 (50%) lower than the list price ($2,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16810, living area = 4150.
Top Cons:
Significant Price Adjustment & Potential Overpricing: The property has seen a substantial price reduction from its original list price of $2.889M to $2.295M. Furthermore, the estimated value of $1.14M suggests a considerable discrepancy, potentially indicating market resistance or an initial overvaluation.

Compared to the nearby listings

Price:$2.29M vs avg $1.35M (+$945,000)90%
Size:4,150 sqft vs avg 2,303 sqft90%
Price/sqft:$553 vs avg $62330%

More Insights

Built in 1967 (58 years old).
Condition: Despite being built in 1967, the property has undergone an extensive and high-quality renovation. The description highlights a 'Custom Remodeled & Well Maintained Property' with 'Updated Milgard Windows & Exterior Doors Throughout' and 'Recently Painted Inside & Out.' The kitchen features 'Gourmet Chef's Designer Hand-Picked White Etched Granite Countertops,' 'Oversized Commercial Grade BTU 6 Burner Cooktop,' and 'Decor Appliances,' which are all visible in the images and appear new or virtually new. All bathrooms are described as 'Updated to Perfection' with 'Travertine Showers.' The flooring includes 'Custom Honed 18x18 Travertine' and 'Hardwood Flooring Upstairs.' The outdoor areas are also meticulously updated with a resort-style pool, spa, and outdoor kitchen. The overall condition, as described and depicted in the images, suggests a comprehensive renovation that brings the property to current quality standards with minimal physical depreciation, aligning with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1967
Close
-
List price
$2.29M
Original List price
$2.89M
Price/Sqft
$553
HOA
-
Days on market
-
Sold On
-
MLS number
25490399
Home ConditionExcellent
Features
Good View: Hills
Pool
Spa
Patio
ViewHills

About this home

Secured & Gated Entertainers Dream Home! Private-Estate Like Grounds Located South of The Blvd. Entirely Gated Large Lot, Custom Remodeled & Well Maintained Property. Universal Wrought Iron "Renaissance" Pass Through Dual Entry Doors, Formal Entry, Formal Dining Room, Wet Bar, Open Family Room, Large Open Space Floor Plan. Custom "Honed" 18x18 Travertine Flooring, Updated Milgard Windows & Exterior Doors Throughout. Custom Wrapped Stone Accents In All Exterior Areas, Recently Painted Inside & Out, Landscaped to Perfection! Gourmet Chef's Designer Hand - Picked White Etched Granite Kitchen Countertops, w/Center Island Prep Area, Oversized Commercial Grade BTU 6 Burner Cooktop, Decor Appliances, Huge Butler's Pantry Counter Space for Serving Large Parties & Formal Entertaining. All Bathrooms Feature Travertine Showers & Are Updated to Perfection, Large Bedrooms, Built In Closets, Hardwood Flooring Upstairs. Outdoor Entertainer's Paradise ! Impressive, Resort Style Open Space Backyard Ideal for Family Events, Parties, Oversized 24x24 Stamped Concrete Throughout, Bouquet Canyon Pool & Spa Decking, Outdoor LED Lighting, Sit Down Extended Counter Space- Outdoor Kitchen Areas, 12 Burner BBQ Countertop Space, Fire Pit,Lounging Sitting Areas, Poolside Lounging, Custom Water Fall, Jacuzzi, Easy Patio Access & So Much More! Enjoy This Magnificent Secured Property Surrounded By Seasoned Palm Trees, Ficus Trees, Fruit Trees, and Lush Landscaping. Conveniently Located in Close Proximity to All Fine Dining, Shopping, & Acclaimed Local Schools!

Nearby schools

3/10
Hart Street Elementary School
Public,•K-5•2.7mi
8/10
Chaparral Elementary School
Public,•K-5•3.0mi
6/10
Bay Laurel Elementary School
Public,•K-5•4.8mi
8/10
Round Meadow Elementary School
Public,•K-5•5.4mi
5/10
Woodland Hills Charter Academy
Public,•6-8•1.0mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.8mi
7/10
Alice C. Stelle Middle School
Public,•6-8•2.7mi
3/10
Christopher Columbus Middle School
Public,•6-8•4.2mi
7/10
Arthur E. Wright Middle School
Public,•6-8•7.7mi
4/10
Canoga Park Senior High School
Public,•9-12•3.0mi
4/10
Reseda Senior High School
Public,•9-12•3.1mi
8/10
Calabasas High School
Public,•9-12•3.3mi
Condition Rating
Excellent
Despite being built in 1967, the property has undergone an extensive and high-quality renovation. The description highlights a 'Custom Remodeled & Well Maintained Property' with 'Updated Milgard Windows & Exterior Doors Throughout' and 'Recently Painted Inside & Out.' The kitchen features 'Gourmet Chef's Designer Hand-Picked White Etched Granite Countertops,' 'Oversized Commercial Grade BTU 6 Burner Cooktop,' and 'Decor Appliances,' which are all visible in the images and appear new or virtually new. All bathrooms are described as 'Updated to Perfection' with 'Travertine Showers.' The flooring includes 'Custom Honed 18x18 Travertine' and 'Hardwood Flooring Upstairs.' The outdoor areas are also meticulously updated with a resort-style pool, spa, and outdoor kitchen. The overall condition, as described and depicted in the images, suggests a comprehensive renovation that brings the property to current quality standards with minimal physical depreciation, aligning with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16810, living area = 4150.
Resort-Style Outdoor Entertainment: The property boasts an 'Outdoor Entertainer's Paradise' featuring a pool, spa, custom waterfall, extensive stamped concrete decking, outdoor kitchen areas with a 12-burner BBQ, and a fire pit, ideal for large gatherings and relaxation.
High-End Remodeled Interior & Kitchen: The home features a gourmet chef's kitchen with designer white etched granite countertops, a center island, oversized commercial-grade appliances, and a huge butler's pantry. Bathrooms are updated with travertine showers, and the interior includes custom honed travertine flooring and hardwood upstairs.
Private & Gated Estate-Like Grounds: Described as 'Secured & Gated Entertainers Dream Home' with 'Private-Estate Like Grounds' on an 'Entirely Gated Large Lot' (16,810 sqft), offering exceptional privacy and security, complemented by lush, mature landscaping.
Premium South of The Boulevard Location: Strategically located 'South of The Blvd' in Woodland Hills, providing a desirable address with convenient proximity to fine dining, shopping, and acclaimed local schools.
Extensive Quality Updates & Maintenance: The property has undergone custom remodeling, is well-maintained, and includes updated Milgard windows and exterior doors, custom wrapped stone accents, and recent interior and exterior paint, indicating significant investment in its upkeep.

Cons

Significant Price Adjustment & Potential Overpricing: The property has seen a substantial price reduction from its original list price of $2.889M to $2.295M. Furthermore, the estimated value of $1.14M suggests a considerable discrepancy, potentially indicating market resistance or an initial overvaluation.
Age of Core Structure: Built in 1967, despite extensive remodeling, the underlying structure is over 50 years old. This could lead to buyer concerns regarding the condition of unseen systems (e.g., plumbing, electrical, HVAC) or potential long-term maintenance requirements not explicitly addressed in the description.
Limited View Description: While the property offers a 'Hills' view, the description does not highlight expansive panoramic or city lights views, which are often highly sought after in this area and featured in some comparable properties, potentially limiting its appeal to buyers prioritizing such vistas.

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