3426 Wedgewood Lane, Burbank, California 91504, Burbank, 91504 - 5 bed, 6 bath
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Burbank, California 91504
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $3,195,000—positioned well below the $3,323,479 Fair Market Value by 3%. This valuation gap offers $128,479 in Instant Equity. While the home maintains a Fair Condition Rating due to original 1999 finishes, its Gated Community location, Mountain Views, and Pool/Spa amenities provide significant lifestyle value. With access to Top-Rated Schools like Burbank High, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3426 Wedgewood Lane Subject | $3,195,000* List Price | 5 | 6 | 4,320 | $769 | - |
A 3429 Castleman Pending | $2,895,000 List Price | 5 | 4 | 3,891 | $744 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (27 years old), the home is well-maintained but the kitchen and bathrooms feature dated finishes, cabinetry, and tiling original to the construction era. Per the criteria, properties over 20 years old with dated interiors fall into the Fair category, despite being functional and located in a premium gated community.
Situated in the prestigious Burbank Hills gated community, this property offers a high level of security, privacy, and prestige within a sought-after neighborhood.
The home features dramatic 23-foot ceilings in the formal living room and a highly functional 4,320 sqft floor plan where every bedroom includes its own private en-suite bathroom.
Equipped for high-end entertaining and wellness, the property includes a private pool and spa, a dedicated media room with surround sound, and a primary suite with a steam shower and Jacuzzi.
With a monthly association fee of $595 and a $3.195M valuation, the recurring costs for security and maintenance are substantial for the area.
While the middle and high schools are highly rated, the nearest elementary schools (rated 4/10) may be a drawback for families with young children seeking top-tier public education.
Burbank Gated Community Gem! Stunning five-bedroom, 5.5-bath home located in the desirable Burbank Hills gated community, featuring high-end upgrades. A spectacular entryway opens to a dramatic formal living room with soaring approximately 23-foot ceilings and a beautiful fireplace. The home also offers a spacious formal dining room with elegant wainscoting. The gourmet kitchen is equipped with stainless steel appliances, a cozy breakfast nook, and seamlessly flows into the inviting family room with fireplace and adjacent media room with surround sound—perfect for entertaining. The main level includes a private bedroom with en-suite bath, currently used as a home office. Upstairs, the luxurious primary suite features a large sitting area, an expansive bathroom with dual vanities, a Jacuzzi tub, a glass-enclosed shower, Steamed Shower, and a generous walk-in closet. Three additional upstairs bedrooms each offer their own en-suite bathrooms, one with Jacuzzi tub. A versatile upstairs bonus space can be used as a kids’ playroom, gym, or additional family room. Step outside to enjoy the pool and spa, along with a comfortable seating area ideal for relaxing or hosting guests. Additional highlights include a three-car attached garage and a carport.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 6.0 | 2.0 | 98% |
| Square foot | 4,320 | 1,828 | 98% |
| Lot Size | 10,472 | 7,053 | 89% |
| Price | $3.19M | $1.51M | 98% |
| Price per sq ft | $740 | $845 | 22% |
| Built year | 1999 | 1951 | 91% |
| HOA | $595.0 | $0 | 96% |
| Days on market | 33 | 124 | 4% |
May 13, 2026
$3,195,000
Initial Listing
May 31, 2005
$1,790,000
Public Record
Jun 18, 2004
$1,225,000
Public Record
Oct 3, 2000
$811,000
Public Record