
Woodland Hills, California 91367
This Spacious Legacy Estate represents a Strong Value Opportunity, listed at $2,850,000—positioned well below the $2,927,201 Fair Market Value by 2%. This valuation gap offers $77,201 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, a newly remodeled pool, and a lit tennis court on a massive 36,000 sq. ft. lot. This property is an ideal acquisition for Owner-Occupants seeking a resort-style lifestyle or Buy-and-Hold Investors targeting a rare Walnut Acres asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22723 Erwin Subject | $2,599,000* List Price | 5 | 4 | 4,470 | $630 | - |
A 22944 Califa Street Sold | $3,200,000 | 4 | 6 | 4,637 | $690 | 0.5 mi |
B 23051 Oxnard Street Sold | $2,350,000 | 5 | 4 | 3,945 | $596 | 0.5 mi |
C 22910 Collins Street Sold | $2,500,000 | 6 | 6 | 4,081 | $613 | 0.7 mi |
D 22703 Sylvan Street Active | $2,550,000 List Price | 7 | 6 | 4,294 | $594 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1959, the property has been well-maintained with significant updates including a 7-year-old roof, a newly remodeled pool, and a primary suite with marble finishes. The kitchen features granite countertops and the home is move-in ready, aligning with the 5-15 year renovation criteria for functional, high-quality condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36011, living area = 4470.
The massive 36,000 square foot lot features a lit tennis court, a newly remodeled pool with a waterfall, and lush botanical grounds, offering a rare resort-style lifestyle in Walnut Acres.
A detached 800 square foot recreation room, converted from an original barn, provides exceptional flexibility for use as a guest house, professional studio, or private gym.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4470, other record living area = 3007.
Built in 1959 and held by the same owner for decades, the home may require further cosmetic or systemic updates to align with modern luxury standards.
The extensive tropical landscaping, mature orchards, and large-scale amenities like the tennis court and pool will require significant ongoing maintenance and utility costs.
First time on the market in nearly half a century, this extraordinary Walnut Acres estate offers a rare opportunity to own one of Woodland Hills’ true legacy properties. Privately set behind a circular brick driveway on an expansive approximately 36,000 square foot lot, this sprawling single-story residence combines timeless charm, resort-style amenities, and lush botanical grounds to create an unparalleled Valley oasis. Spanning approximately 3,600 square feet, the home features an inviting open floorplan with hardwood floors and generously sized living spaces, including separate living, family, and dining rooms designed for both comfortable everyday living and effortless entertaining. The center-island kitchen is appointed with granite countertops and opens seamlessly to the home’s main gathering areas. The thoughtfully expanded office and luxurious primary suite both showcase soaring ceilings, adding volume and natural light throughout. The impressive primary retreat features dual walk-in closets and a spa-inspired bathroom adorned in slabs of marble. Additional upgrades include a newer roof installed approximately seven years ago, roll-up electric shutters on all French doors and windows for enhanced privacy, security, and energy efficiency, as well as a state-of-the-art ADT security system. The grounds are simply breathtaking — a park-like setting filled with mature tropical landscaping and vibrant flowering gardens cultivated over decades. Enjoy an incredible collection of naval and Valencia orange trees, tangerine, pomegranate, towering king and queen palms, miniature date palms, giant bamboo, silk floss trees, angel trumpets, roses, and countless exotic shrubs and tropical plantings that create an unmatched sense of tranquility and privacy. Designed for recreation and entertaining on a grand scale, the backyard features a north/south-facing lit tennis court, a newly remodeled pool with dramatic waterfall, brick patios, and a newly rebuilt covered lanai perfect for outdoor dining and relaxing year-round. Adding even more versatility is the approximately 800 square foot detached recreation room, thoughtfully converted from the original barn — ideal for a game room, studio, gym, office, guest space, or creative retreat. Rarely does a property of this scale, character, and setting become available. A truly special offering in one of Woodland Hills’ most coveted neighborhoods — this is Walnut Acres living at its finest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 4.0 | 3.0 | 69% |
| Square foot | 4,470 | 2,282 | 91% |
| Lot Size | 36,011 | 11,290 | 98% |
| Price | $2.60M | $1.45M | 89% |
| Price per sq ft | $581 | $661 | 31% |
| Built year | 1959 | 1960 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 147 | 6% |
May 22, 2026
$2,599,000
$2,850,000
-9% Price Drop
Initial Listing
May 6, 2026
$2,850,000
Initial Listing