5109 Genesta Avenue, Encino, California 91316, Encino, 91316 - 6 bed, 6 bath

5109 Genesta Avenue, Encino, California 91316 home-pic-0
ACTIVE$4,990,900
5109 Genesta Avenue, Encino, California 91316
6Beds
6Baths
5,687Sqft
13,199Lot

Price Vs. Estimate

The estimated value ($4,610,609.32) is $380,290.68 (7%) lower than the list price ($4,990,900). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Customization Opportunity: Being a 'work-in-progress' by a 'national leader in luxury single-family residences' offers buyers the unique advantage of 'preferred pricing, professional design options, and a guaranteed completion date,' ensuring a brand-new, tailored home.
Top Cons:
Delayed Occupancy: As a 'work-in-progress' with a future completion date (Year Built 2025, On Market Date 2025-11-04), the property does not allow for immediate move-in, requiring buyers to wait for construction completion.

Compared to the nearby listings

Price:$4.99M vs avg $1.47M (+$3,525,900)90%
Size:5,687 sqft vs avg 2,250 sqft86%
Price/sqft:$878 vs avg $74581%

More Insights

Built in 2025 (0 years old).
Condition: This property is a new construction, explicitly stated as 'work-in-progress' by a luxury home builder with a 'year_built' of 2025. The description highlights a 'chef's kitchen with top-tier appliances, dual islands,' and 'luxurious grand suite with spa-like bath with soaking tub and walk-in shower.' The concept images showcase modern design, high-quality finishes, and contemporary fixtures. All major systems, appliances, and finishes are brand new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2025
Close
-
List price
$4.99M
Original List price
$4.99M
Price/Sqft
$878
HOA
-
Days on market
-
Sold On
-
MLS number
25614231
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Don't miss this rare opportunity to own a work-in-progress home by Thomas James Homes, a national leader in luxury single-family residences. Enjoy preferred pricing, professional design options, and a guaranteed completion date when you buy early. Located near Encino Park and Ventura Blvd's shops and restaurants, this elegant 2-story traditional features an open-concept layout with a formal dining room, flex/office space, and a spacious great room with a fireplace opening to the patio and lush backyard with an in-ground pool and spa. The chef's kitchen offers top-tier appliances, dual islands with bar seating, and a walk-in pantry. A guest suite with ensuite bath, powder room, and mudroom off the attached 2-car garage completes the first floor. Upstairs includes a loft, laundry with sink, a junior suite, two bedrooms with Jack-and-Jill bath, and a luxurious grand suite with retreat, dual walk-in closets, and spa-like bath with soaking tub and walk-in shower. The detached ADU features a living area with stacking doors, a full kitchenette, bedroom, and bath, perfect for guests or rental income. New TJH homeowners receive a complimentary 1-year Inspirato luxury travel membership.

Price History

Date
Event
Price
08/21/24
Sold
$1,915,000
Condition Rating
Excellent

This property is a new construction, explicitly stated as 'work-in-progress' by a luxury home builder with a 'year_built' of 2025. The description highlights a 'chef's kitchen with top-tier appliances, dual islands,' and 'luxurious grand suite with spa-like bath with soaking tub and walk-in shower.' The concept images showcase modern design, high-quality finishes, and contemporary fixtures. All major systems, appliances, and finishes are brand new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Customization Opportunity: Being a 'work-in-progress' by a 'national leader in luxury single-family residences' offers buyers the unique advantage of 'preferred pricing, professional design options, and a guaranteed completion date,' ensuring a brand-new, tailored home.
Luxury Amenities & High-End Finishes: The property boasts a 'chef's kitchen with top-tier appliances, dual islands,' a 'lush backyard with an in-ground pool and spa,' and a 'luxurious grand suite with retreat, dual walk-in closets, and spa-like bath,' catering to a high-end lifestyle.
Income-Generating Detached ADU: The inclusion of a 'detached ADU with a full kitchenette, bedroom, and bath' provides significant flexibility for guest accommodation or potential rental income, enhancing the property's value and utility.
Desirable Encino Location: Situated 'near Encino Park and Ventura Blvd's shops and restaurants,' the home benefits from a prime, convenient location in a sought-after Los Angeles neighborhood.
Spacious & Functional Layout: With '6 beds, 6 baths, 5687 sqft' and an 'open-concept layout' including a 'formal dining room, flex/office space,' and a 'spacious great room,' the design is ideal for large families and diverse living needs.

Cons

Delayed Occupancy: As a 'work-in-progress' with a future completion date (Year Built 2025, On Market Date 2025-11-04), the property does not allow for immediate move-in, requiring buyers to wait for construction completion.
Premium Price Point: The list price of nearly $5 million positions this property in the ultra-luxury segment, which naturally narrows the potential buyer pool.
Absence of Scenic Views: The property explicitly states 'view: None,' which could be a disadvantage for luxury buyers who often prioritize and expect desirable scenic views in this price range.

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