
Encino, California 91316
This Luxury Hillside Estate with RTI Development Potential is listed at $3,795,000, representing a stable acquisition priced right at its $3,762,401 Fair Market Value. Boasting a Condition Rating of 2, the current residence features a Gourmet Thermador Kitchen, walls of glass, and a serene backyard oasis with a pool and sports court. The expansive 23,719 sqft lot includes RTI Plans for a 11,621 sf Estate, offering massive future appreciation. Located in the prestigious Los Angeles Unified school district, this property is a premier choice for Owner-Occupants seeking immediate luxury or Luxury Developers looking for a shovel-ready project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4620 Encino Avenue Subject | $3,795,000* List Price | 5 | 5 | 3,834 | $990 | - |
A 17969 Medley Drive Sold | $4,370,000 | 6 | 6 | 4,418 | $989 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1966, the property has undergone an extensive high-end renovation. The kitchen is a standout feature with chef-grade Thermador appliances, custom cabinetry, and a massive island. The primary bathroom is equally modern, featuring a rainfall shower system and soaking tub. The interior boasts contemporary finishes, walls of glass, and updated flooring, making it a move-in ready luxury estate despite the age of the original structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23719, living area = 3834.
The property is RTI (Ready to Issue) ready with approved plans for a massive 11,621 sq. ft. estate, providing a rare and valuable opportunity for developers or buyers looking to build a custom luxury compound.
Tucked behind private gates at the end of a long driveway on an expansive 23,719 sq. ft. lot, the estate offers a level of seclusion and security highly coveted in the Encino hills.
The current residence features a two-car carport rather than a fully enclosed garage, which may be viewed as a deficiency for a property at this luxury price point.
With a recent price reduction and marketing focused heavily on RTI plans, the property sits between a move-in ready home and a land-value play, which can sometimes complicate financing and buyer pool depth.
Nestled in the hills of Encino on an expansive private lot. If you are looking for privacy and security, this is definitely the property to be looking at. This secluded property is RTI ready, with plans for a 11,621 sf estate that includes 8 bedrooms, 11 bathrooms and an attached ADU. Enjoy this prime south of the Boulevard location, ideally situated within a highly rated school district and close proximity to everything the Valley and Westside have to offer. Tucked behind a private gate at the end of a long driveway, the current home welcomes you through double doors into a spacious family room that overlooks the lush backyard and flows seamlessly into the formal dining room. A culinary enthusiast's dream, the gourmet kitchen is equipped with chef grade Thermador appliances, custom cabinets, a massive island with seating and walk-in pantry. Rounding out the main level is a sizable living room that boasts a stunning fireplace and walls of glass that flood the space with natural light, laundry/mud room and secluded bedroom. Retreat upstairs to the stately primary suite, complete with a custom walk-in closet and sumptuous bathroom that features a soaking tub, rainfall shower system and double vanity. Additionally, you will find three generously sized bedrooms upstairs, one of which has an ensuite bathroom. Surrounded by mature landscaping, the serene backyard oasis is the perfect spot to relax or entertain guests. This expansive property offers a sparkling pool, covered patio, sports court and grassy yard. Further amenities include a two car carport, large driveway with abundant parking and ample storage space throughout, including an attached storage shed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 70% |
| Baths | 5.0 | 3.0 | 69% |
| Square foot | 3,834 | 2,171 | 72% |
| Lot Size | 23,719 | 6,122 | 89% |
| Price | $3.79M | $1.47M | 85% |
| Price per sq ft | $990 | $805 | 83% |
| Built year | 1966 | 1955 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 159 | 61% |
Jan 24, 2026
$3,795,000
$3,999,000
-5% Price Drop
Initial Listing
Oct 28, 2025
$3,999,000
Initial Listing