
Woodland Hills, California 91364
This Spacious Gated Estate represents a Strong Value Opportunity, listed at $1,599,000—positioned well below the $1,693,747 Fair Market Value by 5%. This valuation gap provides $94,747 in Instant Equity. Featuring a Good Condition Rating, the home offers a Granite Kitchen, Panoramic Views, and an Adjacent Lot for expansion or an ADU. With a versatile layout including a private guest suite, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Investors targeting a high-potential, multi-use asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4999 Alatar Drive Subject | $1,599,000* List Price | 4 | 3 | 3,019 | $561 | - |
A 22370 Algunas Road Sold | $1,720,000 | 4 | 4 | 2,920 | $589 | 0.9 mi |
B 5160 Medina Road Sold | $1,188,000 | 3 | 3 | 2,184 | $544 | 0.5 mi |
C 4431 Dulcinea Court Sold | $1,775,000 | 4 | 4 | 3,756 | $473 | 0.6 mi |
D 4642 Cerrillos Drive Sold | $1,490,000 | 5 | 3 | 2,868 | $520 | 0.8 mi |
E 4630 Esparto Road N Sold | $1,874,500 | 4 | 6 | 4,225 | $444 | 0.2 mi |
F 5200 Don Pio Sold | $1,330,000 | 4 | 3 | 2,273 | $585 | 0.7 mi |
G 4665 San Feliciano Drive Sold | $1,670,000 | 4 | 3 | 2,516 | $664 | 0.7 mi |
H 5139 San Feliciano Sold | $1,300,000 | 3 | 2 | 2,159 | $602 | 0.8 mi |
I 21720 Dumetz Road Pending | $1,345,000 List Price | 4 | 3 | 2,753 | $489 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1978 but features significant updates that place it in the Good category. The kitchen and primary bath have been renovated with granite and marble (estimated 10-15 years ago), and the home boasts newer essential systems including the roof, windows, and doors. The interior is move-in ready with updated travertine and laminate flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15712, living area = 3019.
Situated South of the Boulevard in a coveted gated setting, the property offers breathtaking panoramic valley and golf course views that significantly enhance its luxury appeal.
The inclusion of an adjacent lot and the designated space for a potential ADU provide rare development opportunities, added privacy, and long-term value appreciation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15712, other record lot size in square feet = 9821.
While the property is zoned for some high-performing schools, several nearby public middle and elementary options have lower ratings, which may concern education-focused families.
Despite key structural upgrades like a newer roof and windows, the 1978 construction and specific interior finishes may require additional cosmetic updates to meet modern luxury expectations.
Welcome to an extraordinary, gated estate in one of the most coveted settings South of the Boulevard, where privacy, panoramic valley and golf course views, generous outdoor living, and remarkable potential come together in a truly special offering. Set behind private gates, this expansive 4-bedroom, 3-bath residence is designed for effortless everyday living and unforgettable entertaining. From the moment you enter, beautiful travertine floors, recessed lighting, and abundant natural light create an inviting sense of warmth and sophistication. The spacious living room features a custom fireplace, while the adjoining dining area opens seamlessly through sliding glass doors to an oversized view patio—perfect for sunset dinners, entertaining friends, or simply taking in the breathtaking surroundings. The updated kitchen combines style and functionality with granite countertops and newer cabinetry, offering an ideal space for everything from casual mornings to elaborate gatherings. The main-level primary suite is a private retreat, complete with a generous walk-in closet and an indulgent en-suite bath featuring custom marble countertops and a Jacuzzi tub. Three additional bedrooms are thoughtfully positioned downstairs, creating exceptional flexibility. One bedroom enjoys its own private entrance and bathroom, making it ideal for guests, extended family, a home office, or potential rental use. Step outside and discover a remarkable private setting with room to dream. The expansive outdoor area features a built-in BBQ, outdoor shower, oversized patio, and abundant space for entertaining, relaxing, or creating your own resort-style retreat. With potential for an ADU, the possibilities are limited only by your imagination and vision. Numerous valuable upgrades—including a newer roof, windows, and doors—provide added peace of mind, while oversized parking offers exceptional convenience rarely found in this setting. And then there is the opportunity that truly sets this property apart: the adjacent lot is included. Whether envisioned as additional privacy, an expanded outdoor sanctuary, future development, or another expression of your long-term vision, this rare offering provides possibilities that are increasingly difficult to find in South of the Boulevard. This is far more than a home—it is an opportunity to create an exceptional lifestyle in a premier location, surrounded by breathtaking views and the freedom to make the property uniquely your own.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 3.0 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,019 | 2,235.675 |
| Lot Size | 15,712 | 10,981.318 |
| Price | $1.60M | $1.39M |
| Price per sq ft | $530 | $640 |
| Built year | 1978 | 1960 |
| HOA | $0 | $434 |
| Days on market | 25 | 60 |
Aug 15, 2026
$1,599,000
Initial Listing
Nov 24, 1998
$485,000
Public Record
Nov 3, 1994
$145,000
Public Record