5106 Lindley Avenue, Encino, California 91316, Encino, 91316 - 5 bed, 7 bath

5106 Lindley Avenue, Encino, California 91316 home-pic-0
ACTIVE$3,877,000
5106 Lindley Avenue, Encino, California 91316
5Beds
7Baths
4,326Sqft
6,505Lot

Price Vs. Estimate

The estimated value ($3,757,331.2) is $119,668.8 (3%) lower than the list price ($3,877,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New & High-End Finishes: Built in 2024, this modern luxury home boasts exceptional quality upgrades, Miele Black Series appliances, an Italian chef’s kitchen with custom stone, and a mix of Italian tile and white oak flooring throughout its open-concept layout.
Top Cons:
Premium Pricing Relative to Market: The listing price of $3.877M is notably higher than the estimated value and a very similar, newly constructed comparable property on the same street, suggesting a potentially aggressive pricing strategy that may require justification.

Compared to the nearby listings

Price:$3.88M vs avg $1.47M (+$2,412,000)86%
Size:4,326 sqft vs avg 2,250 sqft78%
Price/sqft:$896 vs avg $74582%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it a brand new construction. The listing details and images showcase top-tier modern luxury finishes and features throughout, including Miele Black Series appliances in the Italian chef’s kitchen, Italian marble in the spa-like bathrooms, a mix of Italian tile and white oak flooring, and advanced systems like Control4 smart home and owned solar. All components are new, meet current quality standards, and exhibit no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2024
Close
-
List price
$3.88M
Original List price
$3.88M
Price/Sqft
$896
HOA
-
Days on market
-
Sold On
-
MLS number
SR25045891
Home ConditionExcellent
Features
Good View: Neighborhood, Peek-A-Boo, Valley
Deck
Pool
Spa
Patio
ViewNeighborhood, Peek-A-Boo, Valley

About this home

Welcome to 5106 Lindley Ave, a 2024 built modern luxury home located south of Ventura Blvd in a gated setting, offering top-tier walkability and easy access to the 101 & 405 freeways. This is not your average new construction home! Builder owned, the amount of quality upgrades and finishes is sure to leave a lasting impression. Spanning 4,326 sq. ft. of seamless indoor/outdoor flow, this home features Miele Black Series appliances, an Italian chef’s kitchen with custom stone, and a mix of Italian tile and white oak flooring throughout the homes open concept lay out. The primary suite is something out of a luxury hotel, featuring a spa-like bathroom with Italian marble and dual shower heads, as well as a custom walk-in closet and balcony overlooking the backyard. The remaining bedrooms are spacious and all offer en suite bathrooms. Designed for both luxury and entertainment, this home has it all - including multiple balconies, a movie theater, rooftop deck with full outdoor kitchen and impressive views of the valley below. The backyard features a pool and spa with pebble tech finish, and a rec room with convenient access to bathroom and steam shower. Additional features include a central vacuum system, direct access to a two-car garage, a Control4 smart home system, full security, and an owned solar system. The list goes on, must see in person!

Condition Rating
Excellent

This property was built in 2024, making it a brand new construction. The listing details and images showcase top-tier modern luxury finishes and features throughout, including Miele Black Series appliances in the Italian chef’s kitchen, Italian marble in the spa-like bathrooms, a mix of Italian tile and white oak flooring, and advanced systems like Control4 smart home and owned solar. All components are new, meet current quality standards, and exhibit no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Brand New & High-End Finishes: Built in 2024, this modern luxury home boasts exceptional quality upgrades, Miele Black Series appliances, an Italian chef’s kitchen with custom stone, and a mix of Italian tile and white oak flooring throughout its open-concept layout.
Extensive Luxury Amenities: Designed for entertainment, the property features a movie theater, a rooftop deck with a full outdoor kitchen and valley views, a pool and spa with pebble tech finish, a rec room with a steam shower, and multiple balconies.
Prime Location & Accessibility: Situated south of Ventura Blvd in a gated setting, the home offers top-tier walkability and convenient access to both the 101 and 405 freeways, enhancing its desirability.
Luxurious Living Spaces: The primary suite is akin to a luxury hotel, featuring a spa-like bathroom with Italian marble and dual shower heads, a custom walk-in closet, and a balcony. All additional bedrooms are spacious and include en-suite bathrooms.
Advanced Smart Home & Energy Efficiency: Equipped with a Control4 smart home system, full security, a central vacuum system, and an owned solar system, providing modern convenience, safety, and potential energy cost savings.

Cons

Premium Pricing Relative to Market: The listing price of $3.877M is notably higher than the estimated value and a very similar, newly constructed comparable property on the same street, suggesting a potentially aggressive pricing strategy that may require justification.
Modest Lot Size for Luxury Tier: With a lot size of 6,505 sqft, while adequate, it may be considered modest for a luxury home of 4,326 sqft in this desirable Encino location, potentially limiting expansive private outdoor space beyond the existing amenities.
Complexity of High-End Systems Maintenance: The property's extensive array of sophisticated systems (Control4, Miele appliances, solar, pool/spa, movie theater, outdoor kitchen) implies a higher level of ongoing maintenance and potential complexity for a homeowner not accustomed to managing such advanced features.

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