
Tarzana, California 91356
This Expertly Renovated Contemporary Estate is a Prime Investment Opportunity, listed at $3,595,000—positioned well below the $3,711,976 Fair Market Value by 3%. This valuation gap provides $116,976 in Instant Equity. Boasting an Excellent Condition Rating, the home features a Forza porcelain waterfall island, Wolf appliances, and a resort-style backyard with a heated pool and panoramic valley views. Located in the coveted 'The Hills' neighborhood near Lanai Road Elementary, this turnkey sanctuary is the premier choice for luxury-seeking families or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4050 Clarinda Drive Subject | $3,490,000* List Price | 5 | 6 | 5,176 | $695 | - |
A 4415 Vanalden Avenue Sold | $2,575,000 | 4 | 5 | 4,745 | $543 | 0.4 mi |
B 18912 Pasadero Drive Sold | $2,775,000 | 5 | 4 | 3,447 | $805 | 0.4 mi |
C 4239 Tarzana Estates Dr. Active | $4,125,000 List Price | 5 | 5 | 4,720 | $874 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a high-end, 'like-brand-new' renovation within the last 5 years. It features a designer kitchen with Wolf appliances and porcelain waterfall islands, brand new dual-zone HVAC systems, and modern smart home technology. The condition is mint with no maintenance required.
The expansive backyard is a true entertainer's dream, featuring a heated pool, spa, basketball court, mahogany deck, and organic garden, offering a complete resort-style experience.
This meticulously renovated contemporary home boasts high-end finishes, including a Forza porcelain waterfall island, Wolf appliances, and wide-plank oak flooring, ensuring a turnkey luxury experience.
Situated on a coveted cul-de-sac, the property provides stunning, unobstructed vistas of the Valley, mountains, and city lights, particularly from the expansive primary suite balcony.
The assigned public schools, such as Tarzana Elementary and Reseda Senior High, carry lower performance ratings, which may be a concern for families seeking top-tier educational districts.
With a current list price significantly lower than its 2022 sale price of $4,000,000, the property reflects a downward valuation trend that may impact perceived investment stability.
After paying $4M in 2022, our sellers are highly motivated, must sell right away, and have now lowered the price 13% from original purchase! Buy now and make a huge profit later when the market picks up! Optimized for the ideal SoCal lifestyle with a focus on recreation, this skillfully renovated, like-brand-new contemporary is tucked away on a coveted 'The Hills' cul-de-sac: Promising great value, the incredibly versatile backyard is perfect for entertaining with two covered patios, vast mahogany entertainer's deck, fire pit, heated swimming pool with water feature, spa, grassy yard, basketball free-throw line court, playhouse, and built-in barbecue! There is even a terraced organic vegetable garden for harvesting fresh home-grown fare. A fusion of varied texture and tone contribute to the exterior's curb appeal together with the lush, pristine gardens. Enter through a glass-paned pivot door to a double-height foyer illuminated by a large skylight above the staircase. Discover high-end finishes and wide-plank oak floors throughout. The living room features a bay window, cathedral ceiling, and a stylish quartz-clad fireplace with mantel. The formal dining room has a tray ceiling and large picture windows with sweeping views of the pool, valley, and surrounding greenery. The kitchen is fitted with a Forza porcelain double-sided waterfall island and matching backsplash with shelving, custom cabinetry, and top-of-the-line stainless-steel appliances including Wolf range, built-in coffee/espresso, and massive side-by-side refrigerator/freezer while adjacent breakfast nook is relaxing with a spectacular view. The family room is striking, with its magazine-worthy accent wall appointed with built-in cabinets, fireplace, and wine bar cellar creating a soothing atmosphere. Ground level offers a modern-design bathroom with exterior entrance, ideal for pool guests, plus an additional formal powder room. The separate office and light-filled in-law suite with attached bathroom complete the main floor in this elegant villa that can satisfy all family needs. Upstairs, through double doors is a spacious primary suite with marble fireplace and panoramic private balcony with spectacular vistas of the city, greenery, hills, Braemar, and the Valley beyond. Its spacious bathroom includes a vaulted ceiling with skylight, double-sink floating vanity, make-up desk, water closet, glass-enclosed shower with eucalyptus steam bath, and giant soaking tub. Several closets complete the ample spaces of the suite. Upper floor includes three more bedrooms and two en-suite bathrooms, one of which is Jack-and-Jill. Additional amenities include central vacuum, laundry chute, Nest smart home technology with all-in-one app control, built-in safe, new dual-zone AC/heat, and three-garage. Welcome to your new luxury lifestyle in 'The Hills' near Braemar and El Caballero golf clubs, schools and parks, the 101 Freeway, and the numerous shops and restaurants along Ventura Boulevard. Available with furnishings.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 2.6 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 6.0 | 4.0 | 85% |
| Square foot | 5,176 | 2,844 | 86% |
| Lot Size | 19,129 | 17,462 | 68% |
| Price | $3.49M | $1.86M | 85% |
| Price per sq ft | $674 | $661 | 58% |
| Built year | 0 | 1963 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 149 | 3% |
May 30, 2026
$3,490,000
$3,595,000
-3% Price Drop
Initial Listing
Apr 24, 2026
$3,595,000
Initial Listing
Jul 22, 2022
$4,000,000
Public Record
Sep 10, 2021
$2,150,000
Public Record