22642 Hatteras Street, Woodland Hills, California 91367, Woodland Hills, 91367 - 3 bed, 3 bath

22642 Hatteras Street, Woodland Hills, California 91367 home-pic-0
ACTIVE$1,450,000
22642 Hatteras Street, Woodland Hills, California 91367
3Beds
3Baths
1,468Sqft
10,805Lot
Year Built
1955
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$988
HOA
-
Days on market
-
Sold On
-
MLS number
BB25036047
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.45M(55th), sqft - 1468(15th), beds - 3(37th), baths - 3(50th).

Beautifully remodeled 3 bedroom/3 bath Woodland Hills pool home – complete with a HUGE, gorgeous, backyard oasis, set on a 10,800+ square foot flat lot! Fantastic residential neighborhood pocket adjacent to Walnut Acres. Picture perfect with updates and upgrades throughout. Newer roof/tankless water heater/HVAC, all new ducting, windows/doors plus a complete copper repipe and whole home electrical rewire and service panel, new paint, new fixtures, all since 2021. Open concept flexible floorplan that is highlighted by a spacious living area with sliders that open to the backyard, dining area with built in dry bar and totally redone gourmet kitchen that features Calacatta quartz countertops, custom cabinetry and newer appliances. Three bedrooms total including a gorgeous primary bedroom suite with sliders that flow to the outdoors, two closet areas, and its own spa-like on suite full bath with dual vanities, custom walk in shower. Two generously sized secondary bedrooms (including one with its own mini loft – super cool for kids), that are adjacent to two more completely renovated full bathrooms. Incredible backyard space with pool/spa – in ground fireplace, covered pergola/patio, multiple areas to entertain, and lots of grass with plenty of privacy. Attached multi car garage with plenty of room for storage or sets up nicely as a potential ADU, plus plenty of space in the driveway for multiple vehicles. Highly efficient solar panels with complete battery back up are in place on lease and will be transferred to the new buyer in the sale. Easy access to the best of Woodland Hills and award winning local schools - Don’t miss this amazing opportunity to move right in and enjoy your new home! Also available for long term lease.

Condition Rating
Excellent

Despite being built in 1955, this property has undergone an extensive and comprehensive renovation since 2021, which falls within the 'extensively renovated within 5 years' criteria for an 'excellent' score. The description highlights a 'beautifully remodeled' home with 'updates and upgrades throughout,' including a newer roof, tankless water heater, HVAC, new ducting, windows/doors, complete copper repipe, and whole home electrical rewire and service panel. The kitchen is described as a 'totally redone gourmet kitchen' with Calacatta quartz countertops, custom cabinetry, and newer appliances. All three bathrooms are also noted as 'completely renovated' or 'spa-like' with dual vanities and custom walk-in showers. The images (as described) would confirm these modern, high-quality finishes and new components, indicating virtually new condition throughout the critical areas and major systems.
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 = 10805, living area = 1468.
Extensive Recent Upgrades: Comprehensive renovations since 2021, including roof, HVAC, plumbing, electrical, windows, and doors, ensure a modern, worry-free living experience.
Exceptional Backyard Oasis: A large, flat 10,800+ sqft lot featuring a pool, spa, in-ground fireplace, covered patio, and multiple entertainment zones creates a private resort-like setting.
Modern Gourmet Kitchen & Layout: An open-concept floorplan complemented by a fully redone gourmet kitchen with Calacatta quartz, custom cabinetry, and newer appliances.
Energy Efficiency & ADU Potential: Equipped with leased solar panels and battery backup for reduced utility costs, plus an attached multi-car garage offering clear potential for an Accessory Dwelling Unit (ADU).
Prime Woodland Hills Location: Situated in a desirable residential pocket adjacent to Walnut Acres, providing excellent access to top-rated schools and local amenities.

Cons

Significant Price Discrepancy: The current list price of $1.45M is considerably higher (34% above) than the estimated property value of approximately $949K, potentially limiting buyer interest and requiring a price adjustment.
Solar Lease Assumption: The highly efficient solar panels and battery backup are on a lease, requiring the new buyer to assume this ongoing financial obligation, which may impact financing or buyer appeal.
Original Construction Age: Despite extensive remodels, the 1955 original build year might present challenges with certain buyers who prefer newer construction or could imply potential hidden issues not covered by recent updates.

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