3223 Fond Drive, Encino, California 91436, Encino, 91436 - 5 bed, 4 bath
ACTIVE$1,995,000
3223 Fond Drive, Encino, California 91436
5Beds
4Baths
Sqft
17,136Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Located in the coveted Encino Hills, this property is situated in one of LA's most desirable neighborhoods, offering prestige and potential for high appreciation.
Top Cons:
Significant Upfront Investment: The listed price is for the lot only, requiring substantial additional capital for the design, permitting, and construction of a new custom home.
Compared to the nearby listings
Price:$2.00M vs avg $2.33M ($-330,000)39%
Size: sqft vs avg 3,175.5 sqft1%
Price/sqft:$0 vs avg $7541%
More Insights
Built in 1964 (61 years old).
Condition: The MLS description explicitly states this is a 'vacant lot' offering 'the perfect canvas for your dream home' and an 'opportunity to build.' The images provided are architectural renderings of a proposed new construction, not an existing structure. While there is a pool and gazebo, there is no livable residential structure on the property to assess for kitchen, bathroom, or other interior features. Therefore, in terms of a residential property's condition, it is effectively a 'tear-down' as its value is based solely on the land and its potential for redevelopment.
Year Built
1964
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25573321
Home ConditionTear down
Features
Good View: Hills, Mountain(s)
Pool
Patio
ViewHills, Mountain(s)
About this home
Located in the coveted Encino Hills, this rare, expansive 17,000+ sq ft corner lot offers the perfect canvas for your dream home. With a largely flat terrain, the property features a stunning, well-constructed gazebo and a luxurious pool valued at nearly $500K an exceptional addition to this already remarkable space. This vacant lot offers a unique opportunity to build at an incredible value under market price, allowing you to customize the size and design of your dream home to suit your tastes and needs. It's the perfect place to create the luxury estate you've always envisioned. Don't miss the chance to own this spectacular property in one of LA's most desirable neighborhoods in Los Angeles area.
Nearby schools
8/10
Lanai Road Elementary School
Public,•K-5•1.2mi
9/10
Roscomare Road Elementary School
Public,•K-5•1.5mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.8mi
5/10
Lemay Street Elementary School
Public,•K-5•4.5mi
6/10
Newcastle Elementary School
Public,•K-5•4.5mi
6/10
Lemay Street Elementary School
Public,•K-5•4.5mi
5/10
Brentwood Science School
Public,•K-5•5.8mi
2/10
Van Nuys Middle School
Public,•6-8•3.1mi
6/10
Gaspar De Portola Middle School
Public,•6-8•4.0mi
5/10
William Mulholland Middle School
Public,•6-8•4.1mi
3/10
William Mulholland Middle School
Public,•6-8•4.4mi
6/10
Van Nuys Senior High School
Public,•9-12•4.2mi
4/10
Reseda Senior High School
Public,•9-12•4.7mi
6/10
University Senior High School
Public,•9-12•6.2mi
6/10
University Senior High School Charter
Public,•9-12•6.2mi
Condition Rating
Tear down
The MLS description explicitly states this is a 'vacant lot' offering 'the perfect canvas for your dream home' and an 'opportunity to build.' The images provided are architectural renderings of a proposed new construction, not an existing structure. While there is a pool and gazebo, there is no livable residential structure on the property to assess for kitchen, bathroom, or other interior features. Therefore, in terms of a residential property's condition, it is effectively a 'tear-down' as its value is based solely on the land and its potential for redevelopment.
Pros & Cons
Pros
Prime Location: Located in the coveted Encino Hills, this property is situated in one of LA's most desirable neighborhoods, offering prestige and potential for high appreciation.
Expansive & Flat Lot: A rare, expansive 17,000+ sq ft corner lot with largely flat terrain provides an ideal and versatile canvas for custom home construction.
Existing Luxury Amenities: The property includes a stunning, well-constructed gazebo and a luxurious pool valued at nearly $500K, offering significant existing value and immediate recreational appeal.
Custom Build Opportunity: As a vacant lot, it offers a unique opportunity for buyers to customize the size and design of their dream home to their exact tastes and needs.
Scenic Views: The property boasts desirable hills and mountain views, enhancing its aesthetic appeal and potential future value.
Cons
Significant Upfront Investment: The listed price is for the lot only, requiring substantial additional capital for the design, permitting, and construction of a new custom home.
Extended Development Timeline: Building a custom home involves a lengthy process of architectural design, permitting, and construction, meaning immediate occupancy is not possible.
Project Management Burden: Buyers will need to undertake the complex and time-consuming process of managing a new construction project, including hiring professionals and overseeing the build.