
Tarzana, California 91356
This Newly Redeveloped Contemporary Estate is a High-Potential Investment Opportunity, listed at $2,850,000—positioned well below the $3,245,399 Fair Market Value by 12%. This valuation gap offers $395,399 in Instant Equity. Boasting an Excellent Condition Rating, the 2020-built residence features a chef’s kitchen with quartz waterfall island, saltwater pool, and solar panels. Located South of the Boulevard near Gaspar De Portola Middle School, this turnkey sanctuary is perfect for Luxury Home Seekers or Owner-Occupants prioritizing modern sophistication and immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5131 Etiwanda Avenue Subject | $2,695,000* List Price | 4 | 5 | 3,723 | $715 | - |
A 18330 Hanan Court Active | $1,899,999 List Price | 5 | 5 | 3,569 | $532 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2020, placing it well within the 10-year threshold for an excellent rating. The interior features high-end contemporary finishes, including wide-plank hardwood floors, a chef's kitchen with a quartz waterfall island and premium stainless steel appliances, and a spa-like primary bathroom with floor-to-ceiling stone work and a rain shower. The home is equipped with modern systems such as paid solar panels, a whole-house water filtration system, and smart home technology, showing no signs of physical depreciation.
Built in 2020 and meticulously upgraded, this estate features high-end finishes including a quartz waterfall island, paid solar panels, and smart home technology, offering a completely move-in-ready experience.
The backyard is a private oasis featuring a new saltwater PebbleTec pool and spa with independent heating, a custom BBQ area, and professional landscaping with a productive fruit orchard.
Situated on a tranquil private street in a highly coveted Tarzana neighborhood, the property offers easy access to Ventura Boulevard’s dining, hiking trails, and the El Caballero Country Club.
With a lot size of approximately 7,315 square feet, the outdoor space may feel constrained for buyers seeking expansive lawn areas or significant separation from neighboring properties.
The local assigned elementary school has a lower performance rating compared to other nearby districts, which may be a consideration for families prioritizing top-tier public education.
Welcome to this newly redeveloped contemporary estate, perfectly situated on a tranquil private street south of the Boulevard in prime Tarzana. Completed in 2020 and further enhanced with premium upgrades by its current and only owners, this approx. the 3,723 sq ft residence seamlessly blends modern sophistication with comfort and functionality.Inside, soaring ceilings, wide-plank hardwood floors, and walls of glass create a bright, open atmosphere ideal for entertaining and everyday living. The chef's kitchen impresses with a quartz waterfall island, stainless steel appliances, wine wall, wet bar, walk-in pantry, and custom cabinetry all flowing effortlessly into the spacious dining and living areas. The main level also features a private ensuite bedroom, a dedicated office, a stylish powder room and an attached two-car garage.Upstairs, discover two additional ensuite bedrooms, a flexible bonus room added by the current owners perfect for a gym, nursery, or media space and a conveniently located laundry room. The expansive primary suite offers a true retreat, complete with a newly renovated and enlarged custom closet, a spa-style bath with soaking tub, oversized double rain shower, and a serene balcony overlooking the lush backyard.The resort-inspired outdoor space is designed for relaxation and entertaining, featuring a sparkling new saltwater PebbleTec pool and spa with separate pumps allowing each to be heated independently, glass gate, custom BBQ area, turf with coconut infill, and ambient low-voltage landscape lighting all complemented by enhanced privacy fencing. In the front yard, the current owners planted an array of fruit trees, including Fuji apples, figs, kumquats, lemons, and guavas, creating a welcoming and productive garden setting.Every upgrade reflects thoughtful attention to quality and detail: paid solar panels, whole-house water filtration system, EV charger, integrated Sonos speakers throughout the house and outdoors, security cameras and electric blinds making this home truly move-in-ready with every modern convenience.This home is in an ideal location close to Ventura Boulevard's dining, shopping, houses of worship, and easy freeway access complete this exceptional offering. Enjoy the convenience of being walking distance to Nestle Elementary School and El Caballero Country Club, with scenic hiking trails less than five minutes away.This Tarzana gem combines contemporary design, high-end functionality, and the pride of careful ownership creating a perfect, turnkey sanctuary ready to be called home.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.5 | 71% |
| Square foot | 3,723 | 2,945 | 71% |
| Lot Size | 7,315 | 17,010 | 20% |
| Price | $2.69M | $1.84M | 82% |
| Price per sq ft | $724 | $664 | 64% |
| Built year | 2020 | 1965 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 170 | 7% |
Apr 15, 2026
$2,695,000
$2,850,000
-5% Price Drop
Initial Listing
Mar 17, 2026
$2,850,000
Initial Listing
Mar 30, 2021
$1,935,000
Public Record
Jan 29, 2018
$753,000
Public Record