2098 Mandeville Canyon Road, Los Angeles, California 90049, Los Angeles, 90049 - 4 bed, 5 bath
ACTIVE$5,495,000$2,905/sqft
Est. Value: $5,698,115
3%
BelowEstimate
2098 Mandeville Canyon Road, Los Angeles, California 90049
4Beds
5Baths
2,905Sqft
30,519Lot
Price Vs. Estimate
The estimated value ($5,698,114.55) is $203,114.55 (3%) higher than the list price ($5,495,000). This property may be underpriced.
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 = 30519, living area = 2905.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2905, other record living area = 2310. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Compared to the nearby listings
Price:$5.50M vs avg $3.90M (+$1,600,000)70%
Size:2,905 sqft vs avg 3,127 sqft42%
Price/sqft:$1.9K vs avg $1.3K88%
More Insights
Built in 1941 (85 years old).
Condition: Built in 1941, this property is an aged but maintained home. While some components like kitchen appliances appear updated, the overall kitchen finishes (granite countertops, backsplash) and several bathrooms (especially the one with yellow paneling and patterned tiles) are significantly outdated. The presence of a window AC unit suggests an older or incomplete HVAC system. The property is functional and livable, but requires substantial cosmetic updates and potential system upgrades to meet contemporary luxury standards, aligning with the 'Fair' category's description of an aged home maintained through regular upkeep but showing signs of being outdated.
Year Built
1941
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$1,892
HOA
-
Days on market
-
Sold On
-
MLS number
26633801
Home ConditionFair
Features
Good View: Canyon
Patio
ViewCanyon
About this home
Nestled at the entrance to the ultra-exclusive Rivers Road in Brentwood, this rare John Byers Traditional Country Estate embodies timeless California charm on one of the neighborhood's most coveted gated corner parcels. Approached by a long private driveway, the property unfolds across more than 30,000 square feet of flat, horse-zoned land with majestic mature landscaping. Designed by legendary architect John Byers, the classic country farmhouse exudes warmth and understated elegance. Glorious natural light pours through every window,.The gracious living room with elegant fireplace sets the tone for intimate gatherings, while the gourmet chef's kitchen and adjacent dining area form the heart of the home. A separate guest studio with bath offers flexibility for visitors, a home office, or creative pursuits. Additional features include ample parking, a coveted horse zoning designation, and the extraordinary opportunity to either preserve and enjoy this architectural treasure as-is, expand the existing footprint, or build anew. RTI plans are nearly complete for a +/- 14,000 sqft. estate, with the added benefit of potentially re-addressing the property to prestigious Rivers Road where the gated driveway to the property is located.
P
Peter Cornell
Listing Agent
Nearby schools
5/10
Brentwood Science School
Public,•K-5•2.1mi
9/10
Franklin Elementary School
Public,•PK-5•2.5mi
5/10
Brockton Avenue Elementary School
Public,•K-5•2.8mi
7/10
Nora Sterry Elementary School
Public,•K-5•3.5mi
9/10
Warner Avenue Elementary School
Public,•K-5•3.6mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.7mi
9/10
Fairburn Avenue Elementary School
Public,•K-5•3.9mi
8/10
Lanai Road Elementary School
Public,•K-5•5.2mi
8/10
Lincoln Middle School
Public,•6-8•3.2mi
6/10
Gaspar De Portola Middle School
Public,•6-8•6.9mi
5/10
William Mulholland Middle School
Public,•6-8•8.0mi
6/10
University Senior High School
Public,•9-12•2.8mi
6/10
University Senior High School Charter
Public,•9-12•2.8mi
8/10
Santa Monica High School
Public,•9-12•4.4mi
6/10
Van Nuys Senior High School
Public,•9-12•8.3mi
Price History
Date
Event
Price
05/14/20
Sold
$3,500,000
05/11/06
Sold
$2,860,000
11/17/03
Sold
$2,200,000
Condition Rating
Fair
Built in 1941, this property is an aged but maintained home. While some components like kitchen appliances appear updated, the overall kitchen finishes (granite countertops, backsplash) and several bathrooms (especially the one with yellow paneling and patterned tiles) are significantly outdated. The presence of a window AC unit suggests an older or incomplete HVAC system. The property is functional and livable, but requires substantial cosmetic updates and potential system upgrades to meet contemporary luxury standards, aligning with the 'Fair' category's description of an aged home maintained through regular upkeep but showing signs of being outdated.
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 = 30519, living area = 2905.
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Exclusive Location & Prestige: Nestled at the entrance to the ultra-exclusive Rivers Road in Brentwood, this property offers a coveted gated corner parcel and the potential for a prestigious Rivers Road address.
Exceptional Development Opportunity: The property comes with nearly complete RTI (Ready To Issue) plans for a substantial +/- 14,000 sqft. estate, providing significant upside for expansion or new construction.
Expansive, Flat, Horse-Zoned Land: Boasting over 30,000 sqft of flat, usable, and rare horse-zoned land, this offers unique lifestyle possibilities and substantial investment value in a prime Los Angeles location.
Architectural Heritage & Timeless Charm: A rare John Byers Traditional Country Estate, the property embodies timeless California charm and architectural significance, appealing to buyers seeking character and history.
Privacy & Estate-Like Setting: Approached by a long private driveway with majestic mature landscaping, the property ensures a high degree of privacy and creates a grand, estate-like entrance.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2905, other record living area = 2310. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age and Condition of Existing Home: Built in 1941, the current 2,905 sqft residence may require significant updates or renovation to meet contemporary luxury standards, or buyers may opt for a complete rebuild.
Disparity Between Home Size and Lot Potential: The existing 2,905 sqft home is considerably smaller than the potential 14,000 sqft estate the large 30,000+ sqft lot can accommodate, suggesting the current structure may not be the primary draw for high-end buyers.
Significant Additional Investment Required: While offering immense development potential, realizing the vision of a 14,000 sqft estate will require substantial additional investment beyond the current list price, including construction costs and time.