5041 Palomar Drive, Tarzana, California 91356, Tarzana, 91356 - 6 bed, 8 bath

5041 Palomar Drive, Tarzana, California 91356 home-pic-0
ACTIVE$5,995,000
5041 Palomar Drive, Tarzana, California 91356
6Beds
8Baths
5,378Sqft
18,127Lot
Year Built
2018
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
$1,115
HOA
-
Days on market
-
Sold On
-
MLS number
SR25078832
Home ConditionExcellent
Features
Good View: Hills, Valley
Deck
Pool
Spa
Patio
ViewHills, Valley

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $6.00M(96th), sqft - 5378(90th), beds - 6(86th), baths - 8(94th).

Set behind gates just south of Ventura Blvd, this reimagined Contemporary Spanish estate offers a blend of luxurious living and modern upgrades. Nestled on an expansive 18,350 sq ft lot, the property is surrounded by tall hedges and lush greenery, offering exceptional privacy while showcasing stylish details at every turn. Spanning 5,400 square feet, the home features six bedrooms and eight bathrooms across a light-filled, open floor plan. Recent improvements include a brand-new family room with a see-through, double-sided fireplace, enhanced lighting throughout, and an AI-powered security system with multiple cameras. A reimagined kitchen now boasts Miele appliances, custom hardware, and a stunning new backsplash. The adjacent dining room showcases a striking wine display, while the newly built mudroom off the garage adds seamless organization. Upstairs, the primary suite is an oasis of calm, offering a cozy fireplace, a private deck with serene views, a spa-like bathroom with a rainfall shower, and a generous walk-in closet. Updates continue throughout the home, including new carpets in the guest rooms and playroom, elegant window treatments, and a redesigned kitchen pantry. The outdoor spaces have been meticulously transformed for relaxation and entertainment. The backyard now features a custom-built fireplace with eco-outdoor stone, an enhanced sound system, a sparkling pool with new security glass panels, a spa, a sports court, and a four-person infrared sauna. The pool house offers a sleek bar, a fire pit, and a BBQ area—perfect for hosting. The front yard has been revitalized with lush landscaping, a refined driveway gate, and a pedestrian entry gate, creating an impressive sense of arrival. Combining privacy, style, and thoughtful updates, this home is designed to meet every modern need while exuding timeless Santa Barbara charm.

Nearby schools

3/10
Tarzana Elementary School
Public,K-50.9mi
3/10
Vanalden Avenue Elementary School
Public,K-51.4mi
6/10
Newcastle Elementary School
Public,K-52.4mi
8/10
Lanai Road Elementary School
Public,K-53.6mi
6/10
Gaspar De Portola Middle School
Public,6-80.7mi
5/10
Woodland Hills Charter Academy
Public,6-82.0mi
5/10
William Mulholland Middle School
Public,6-83.3mi
3/10
William Mulholland Middle School
Public,6-83.4mi
4/10
Reseda Senior High School
Public,9-122.3mi
Condition Rating
Excellent

This property, built in 2018, is only 6 years old and has undergone extensive recent renovations and modern upgrades. The description highlights a 'reimagined kitchen' with high-end Miele appliances, custom hardware, and a new backsplash, along with 'spa-like bathrooms' featuring rainfall showers. Other significant updates include a brand-new family room, enhanced lighting, new carpets, and a meticulously transformed outdoor space with a pool, spa, sports court, and infrared sauna. All these features indicate a property that is virtually new, meets current quality standards, and has no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Extensive Modern Upgrades & Smart Home Integration: The property has undergone significant recent improvements, including a reimagined kitchen with Miele appliances, a brand-new family room, enhanced lighting, and an AI-powered security system, offering a contemporary and technologically advanced living experience.
Exceptional Privacy & Large, Gated Estate: Situated on an expansive 18,350 sq ft lot behind gates, surrounded by tall hedges and lush landscaping, the property offers a high degree of privacy and security, creating a secluded oasis.
Resort-Style Outdoor Entertainment: The meticulously transformed backyard features a custom fireplace, enhanced sound system, sparkling pool, spa, sports court, infrared sauna, and a fully equipped pool house with a bar and BBQ area, ideal for lavish entertaining and relaxation.
Luxurious Primary Suite & Spacious Layout: The primary suite is highlighted as an 'oasis of calm' with a fireplace, private deck, spa-like bathroom, and generous walk-in closet. The overall 5,400 sq ft layout with 6 bedrooms and 8 bathrooms provides ample, well-appointed living space.
Desirable Location with Views & Curb Appeal: Located just south of Ventura Blvd in Tarzana, a sought-after area, the property offers serene views (Hills, Valley) and boasts revitalized landscaping and refined entry gates, contributing to an impressive sense of arrival and strong curb appeal.

Cons

Potential Overpricing: The property's estimated value is notably lower than the current list price, which may suggest an aggressive pricing strategy that could impact market appeal and negotiation.
High Ongoing Maintenance: The extensive outdoor amenities, including a large lot, lush landscaping, pool, spa, and sports court, imply significant ongoing maintenance requirements and associated costs for a prospective buyer.
Absence of ADU: Unlike some comparable new builds in the area that feature detached ADUs (Accessory Dwelling Units), this property does not explicitly mention one, which could be a missed opportunity for additional income or flexible living space.

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