
Encino, California 91436
This Stunning Remodeled Contemporary Home is a High-Potential Investment Opportunity, listed at $1,999,000—positioned well below the $2,258,595 Fair Market Value by 11%. This valuation gap offers $259,595 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the residence features a gourmet kitchen, plunge pool, and a hillside meditation pergola with panoramic views. Located in the prestigious Lanai Road Charter Elementary district, it offers a serene lifestyle with elite Westside access. This is an exceptional acquisition for Owner-Occupants or Luxury-Seeking Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3740 Montuso Place Subject | $1,999,000* List Price | 4 | 3 | 2,892 | $781 | - |
A 3448 Ardsley Place Active | $1,725,000 List Price | 3 | 4 | 2,030 | $850 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive contemporary remodel and expansion. It features a gourmet kitchen with granite countertops and stainless steel appliances, updated marble bathrooms with a spa tub and rain shower, and modern vinyl flooring throughout. The interior shows high-end finishes, recessed lighting, and updated systems, placing it in the <5-year renovation category with no visible maintenance needs.
Elementary School: Roscomare Road Elementary School (9/10).
Situated at the end of a quiet cul-de-sac in the prestigious Encino Hills, this property offers a serene 'Santa Monica Canyon' lifestyle with excellent Westside access and proximity to Mulholland Drive.
The backyard serves as a private oasis featuring a plunge pool, spa, outdoor kitchen with a BBQ center, and a hillside meditation pergola offering panoramic mountain and valley light views.
The hillside nature of the 10,847 sqft lot means much of the land is sloped, requiring a meandering path to access views and limiting the amount of flat, usable yard space.
While the elementary school is highly rated, the assigned middle school has a significantly lower rating (2/10), which may be a concern for families planning for long-term residency.
Experience the tranquil "Santa Monica Canyon" lifestyle in the heart of the Encino Hills with this stunningly remodeled and expanded contemporary home, perfectly positioned at the end of a quiet cul-de-sac just minutes from Mulholland Drive. A striking ridge glass double door entry reveals a dramatic, skylit living room anchored by a vaulted ceiling and a slate faced fireplace, while natural toned vinyl floors lead you into an expansive gourmet kitchen featuring granite counters, stainless steel appliances, and a sun drenched breakfast room with sliding French doors. The main level also offers a cozy family/media room with a nearby guest bedroom or home office, while the upstairs serves as a private retreat with two additional bedrooms and a spacious master suite boasting serene treetop views and a light infused marble bath complete with a spa tub, rain shower, and custom walk in closet. Outside, the lush grounds include a tranquil side yard and a backyard oasis with a slate tiled pergola shaded outdoor dining pavilion and kitchen/BBQ center overlooking a refreshing plunge pool and spa. For ultimate relaxation, a meandering hillside path ascends to a meditation pergola, offering breathtaking views of the mountains and valley lights, all while providing excellent Westside access and placement within the sought after Lanai Road Charter Elementary School district.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 2.6 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 46% |
| Square foot | 2,892 | 3,024 | 46% |
| Lot Size | 10,847 | 14,247 | 40% |
| Price | $2.00M | $2.35M | 37% |
| Price per sq ft | $691 | $774 | 37% |
| Built year | 1966 | 1962 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 139 | 7% |
Apr 24, 2026
$1,999,000
Initial Listing
Aug 9, 2013
$1,169,000
Public Record