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23416 Califa Street, Woodland Hills, California 91367, Woodland Hills, 91367 - 6 bed, 7 bath

23416 Califa Street, Woodland Hills, California 91367 home-pic-0
ACTIVE$5,495,000
23416 Califa Street, Woodland Hills, California 91367
6Beds
7Baths
6,418Sqft
18,338Lot
Year Built
1955
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$856
HOA
-
Days on market
-
Sold On
-
MLS number
SR25015222
Home ConditionExcellent
Features
Good View: Neighborhood, Valley
Pool
Spa
ViewNeighborhood, Valley

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $5.50M(99th), sqft - 6418(98th), beds - 6(93th), baths - 7(98th).

Welcome to this exquisite custom-gated estate in the prestigious Walnut Acres community of Woodland Hills, CA. Nestled on a coveted, tranquil street, this luxurious property spans 6,418 square feet, featuring a 5,369-square-foot main residence, an 830-square-foot guest house, and a 219-square-foot recreation room. The estate includes six spacious bedrooms with en-suite bathrooms, a guest bath, and exceptional amenities like a sports court/pickleball court, pool, jacuzzi, sauna, and outdoor barbecue area. Inside, enjoy a state-of-the-art theater room and convenient laundry facilities on both levels. Set on an expansive 18,338-square-foot flat lot, this masterpiece will be completed by late June 2025, offering a rare chance to own in one of Woodland Hills’ most desirable neighborhoods.

Condition Rating
Excellent
Despite the original year built of 1955, the listing explicitly states that this is a 'masterpiece' custom-gated estate that 'will be completed by late June 2025.' This indicates a brand-new construction or an extensive renovation that effectively makes it a new property. The images are renderings of a modern, high-end home, and the description highlights luxurious features like en-suite bathrooms, a state-of-the-art theater room, and extensive amenities, all of which will be new and meet current quality standards. Therefore, it aligns perfectly with the 'excellent' criteria for a newly built or fully renovated property.
Pros & Cons

Pros

Brand New Luxury Construction: Despite the original year built, the property is a custom-gated estate that will be completed by late June 2025, offering a brand-new, state-of-the-art residence.
Prime Walnut Acres Location: Nestled in the prestigious Walnut Acres community on a coveted, tranquil street, providing an exclusive and highly desirable address in Woodland Hills.
Extensive High-End Amenities: The estate boasts exceptional amenities including a sports court/pickleball court, pool, jacuzzi, sauna, outdoor barbecue area, and a state-of-the-art theater room.
Generous & Flexible Living Space: Spanning 6,418 square feet across a main residence, guest house, and recreation room, with six spacious en-suite bedrooms, offering ample and versatile living arrangements.
Expansive Flat Lot: Set on an impressive 18,338-square-foot flat lot, providing significant outdoor space for privacy, landscaping, and various recreational activities.

Cons

Above Estimated Market Value: The list price of $5.495M is considerably higher than the property's estimated value of $4.85M, which may require justification or impact buyer negotiations.
Delayed Occupancy (Pre-Completion Sale): As the property is not yet completed (due June 2025), buyers cannot take immediate possession and must commit to a future delivery date.
Risk of Construction Delays: Purchasing a property still under construction carries inherent risks of potential delays in completion or minor deviations from planned specifications.

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