
Tarzana, California 91356
This Luxury Single Family Residence is a Strong Value Opportunity, listed at $4,450,000—positioned well below the $4,928,339 Fair Market Value by 9%. This valuation gap offers $478,339 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this impeccably remodeled estate includes a designer chef’s kitchen, private pool and spa, and a fully owned solar system. Located in the prestigious Mulholland Park guard-gated community, it is an ideal sanctuary for discerning luxury homeowners or high-net-worth investors seeking a turnkey, high-status asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3815 Marfield Subject | $4,450,000* List Price | 6 | 7 | 6,399 | $770 | - |
A 18875 Pasadero Drive Sold | $5,090,000 | 4 | 5 | 5,909 | $861 | 0.8 mi |
B 4017 Nogales Active | $4,399,000 List Price | 6 | 6 | 6,000 | $733 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1997, the property has undergone a comprehensive, high-end designer renovation within the last 5 years. It features a modern chef's kitchen with premium Thermador appliances, updated luxury bathrooms, and contemporary wide-plank flooring. Systems are in top condition with dual-zone HVAC and a fully owned solar system, requiring no maintenance.
Situated in the exclusive Mulholland Park community with 24-hour guard security, offering unparalleled privacy and safety in one of Tarzana's most sought-after enclaves.
The estate features a comprehensive luxury renovation, including a chef’s kitchen by award-winning Christine Markatos, premium Thermador appliances, and wide-plank engineered wood flooring throughout.
The rare 23,000+ square foot all-flat lot provides a resort-style backyard with a pool, spa, and large grassy area, complemented by a four-car garage and a fully owned solar system.
The assigned local public schools, such as Tarzana Elementary and Reseda High, have lower performance ratings, which may lead families to consider the additional cost of private education.
The monthly HOA fee of $850 is relatively high, adding a significant fixed carrying cost to the property's overall ownership expenses.
Situated within the prestigious 24 hour, highly sought after guard-gated community of Mulholland Park. This impeccably remodeled Plan 5, luxury estate offers approximately 6,399 square feet of refined living space on a private 23k all flat gated lot featuring six oversized ensuite bedrooms. This fantastic, remodeled home from it’s original build, showcases an open-concept floor plan with soaring ceilings, abundant natural light, dramatic dual staircases, and wide-plank engineered wood flooring throughout. The designer chef’s kitchen, created by an award-winning Christine Markatos, is appointed with premium Thermador appliances, an oversized center island, calacatta quartz countertops and an abundance amount of gourmet cooking storage. The expansive primary suite offers a private balcony, fireplace, morning coffee bar/wet bar,spacious walk-in closet, dual water closets, oversized jacuzzi tub, separate rainhead shower,dressing areas and custom built-ins. An adjacent, private area ideal for a home office or fitness area. The Plan 5 model with expansive motor court and a four car garaged is designed for both entertaining and everyday living. The manicured resort-style backyard features a private pool and spa, covered gazebo with barbecue island, and a large grassy yard, patio sitting areas all ideal for large parties and everyday living enjoyment. Additional amenities include, a downstairs bonus room, dual-zone HVAC, recessed lighting, custom paint, a fully owned solar system, and two separate two-car garages located behind a private gated motor court. This exceptional estate combines timeless elegance, modern comfort, and energy-efficient living in one of the area’s most sought-after guard gated communities. Enjoy this well maintained,remodeled, luxurious Plan 5 model!
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-5 • 3.0 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 86% |
| Baths | 7.0 | 4.0 | 89% |
| Square foot | 6,399 | 2,841 | 93% |
| Lot Size | 23,631 | 17,499 | 83% |
| Price | $4.45M | $1.89M | 89% |
| Price per sq ft | $695 | $662 | 61% |
| Built year | 1997 | 1964 | 86% |
| HOA | $850.0 | $0 | 99% |
| Days on market | 21 | 156 | 3% |
May 24, 2026
$4,450,000
Initial Listing
Dec 9, 2024
$4,000,000
Public Record
Feb 14, 2017
$2,675,000
Public Record