4621 Balboa Avenue, Encino, California 91316, Encino, 91316 - 5 bed, 6 bath
ACTIVE$6,999,999$5,900/sqft
Est. Value: $7,488,946
6%
BelowEstimate
4621 Balboa Avenue, Encino, California 91316
5Beds
6Baths
5,900Sqft
49,334Lot
Price Vs. Estimate
The estimated value ($7,488,945.98) is $488,946.98 (6%) higher than the list price ($6,999,999). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49334, living area = 5900.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 5900, other record living area = 4676. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$7.00M vs avg $1.38M (+$5,624,999)96%
Size:5,900 sqft vs avg 1,838 sqft86%
Price/sqft:$1.2K vs avg $76599%
More Insights
Built in 2021 (5 years old).
Condition: Built in 2021, this property is virtually new. The images showcase a meticulously designed 'Parisian transformation' with high-end finishes throughout. The kitchen features professional-grade appliances, custom cabinetry, and stylish backsplashes. All bathrooms are luxuriously appointed with modern fixtures, unique tiling, and contemporary vanities. Flooring is a mix of pristine hardwood and designer tiles. All components are new or virtually new, reflecting current quality standards with no deferred maintenance.
Year Built
2021
Close
-
List price
$7M
Original List price
$7M
Price/Sqft
$1,186
HOA
-
Days on market
-
Sold On
-
MLS number
26638567
Home ConditionExcellent
Features
Excellent View: City Lights, Valley
Pool
Spa
Patio
ViewCity Lights,Valley
About this home
Behold the vision of this Parisian transformation that marries traditional, contemporary and art deco elements with understated elegance and sublime sophistication. Perched high up off the street, behind a secure imposing gate, sits this utterly private view estate. Voluminous light from all rooms and exhilarating views of the Valley make this home airy and bright, giving that coveted expansive indoor/outdoor feel. An unforgettable primary suite. A main level gym and a bar where everyone will gather. The kitchen's huge center island is the heartbeat of the home, feeding into the great family room and exquisite dining room with more spectacular views. The beautiful breakfast nook, the huge family room with folding accordion doors revealing the stunning backyard oasis. A rear yard "palapa" hut is perfect for reflective moments, or just enjoying a cigar. The massive 1.2 acre lot offers ample covered parking and a huge motor court. The way you want to live.
C
Craig Knizek
Listing Agent
Price History
Date
Event
Price
06/30/00
Sold
$1,000
07/10/19
Sold
$2,865,000
Condition Rating
Excellent
Built in 2021, this property is virtually new. The images showcase a meticulously designed 'Parisian transformation' with high-end finishes throughout. The kitchen features professional-grade appliances, custom cabinetry, and stylish backsplashes. All bathrooms are luxuriously appointed with modern fixtures, unique tiling, and contemporary vanities. Flooring is a mix of pristine hardwood and designer tiles. All components are new or virtually new, reflecting current quality standards with no deferred maintenance.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49334, living area = 5900.
New Construction & Unique Design: Built in 2021, this property boasts a fresh 'Parisian transformation' blending traditional, contemporary, and art deco elements, offering a distinct and sophisticated aesthetic.
Panoramic Views & Privacy: Perched high up behind a secure gate, the estate offers exceptional privacy and exhilarating panoramic views of the Valley and city lights from multiple rooms.
Expansive Indoor/Outdoor Living: Designed for an expansive indoor/outdoor feel with voluminous light, folding accordion doors to a stunning backyard oasis, and a rear yard 'palapa' hut, perfect for entertaining and relaxation.
Luxury Amenities & Spacious Interiors: Features include an unforgettable primary suite, a main level gym, a bar, a huge center island kitchen, and generous living spaces (5 beds, 6 baths, 5900 sqft), catering to a high-end lifestyle.
Generous Lot Size & Parking: A massive 1.2-acre lot provides ample space, privacy, a huge motor court, and covered parking, a significant advantage in the Encino market.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 5900, other record living area = 4676. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
High Price Point: The listing price of nearly $7 million positions this property in a very exclusive market segment, naturally limiting the pool of potential buyers.
Niche Architectural Style: While unique, the specific 'Parisian transformation' combining traditional, contemporary, and art deco elements may not appeal to all luxury buyers, potentially narrowing market interest compared to more universally modern or traditional designs.
Potential for High Maintenance Costs: A 1.2-acre luxury estate with extensive landscaping and custom features will likely incur substantial ongoing maintenance expenses, which could be a consideration for budget-conscious buyers.