5727 Newcastle Avenue, Encino, California 91316, Encino, 91316 - 3 bed, 4 bath

5727 Newcastle Avenue, Encino, California 91316 home-pic-0
ACTIVE$1,599,000
5727 Newcastle Avenue, Encino, California 91316
3Beds
4Baths
2,030Sqft
5,500Lot

Price Vs. Estimate

The estimated value ($965,078.795) is $633,921.205 (39%) lower than the list price ($1,599,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newly Redesigned Modern Home: This home has been newly redesigned into a modern aesthetic, blending luxury with everyday comfort and featuring contemporary finishes throughout.
Top Cons:
Significant Overpricing: The current listing price of $1.599M is substantially higher than the estimated property value of approximately $965k, indicating potential overpricing relative to market data.

Compared to the nearby listings

Price:$1.60M vs avg $1.47M (+$134,000)57%
Size:2,030 sqft vs avg 2,192 sqft47%
Price/sqft:$788 vs avg $74561%

More Insights

Built in 1949 (76 years old).
Condition: The property is described as a 'newly redesigned modern home' with a 'sleek, modern kitchen featuring premium appliances and finishes' and a 'luxurious bathroom with double sinks, backlit mirrors, and an oversized shower with double shower heads.' This indicates a very recent and extensive renovation, bringing all key components to current quality standards, despite the original 1949 build year. The images corroborate a high-end, contemporary aesthetic throughout the interior, including updated flooring, lighting, and fixtures. While the original build year is old, the explicit 'newly redesigned' status and modern features align perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1949
Close
-
List price
$1.6M
Original List price
$1.65M
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
25495899
Home ConditionExcellent
Features
Patio
View-

About this home

Nestled on a quiet suburban street in the heart of Encino, this newly redesigned 3-bedroom, 4-bathroom modern home blends luxury with everyday comfort. Step inside a light-filled entryway that immediately welcomes you with warmth and style. A convenient mudroom and powder room sit just off the entrance. To the right are two guest bedrooms, each with their own en-suite bath. The heart of the home is a stunning open-concept living space, where the living room, kitchen, and dining areas flow together seamlessly. The sleek, modern kitchen features premium appliances and finishes, a large island, and ample storage. Just off the kitchen is a dedicated laundry room leading to the two-car garage. Opposite of the kitchen is the primary suite, which is a true retreat, boasting a spacious walk-in closet and a luxurious bathroom with double sinks, backlit mirrors, and an oversized shower with double shower heads. Enjoy California living at its finest with the indoor-outdoor flow from both the living room and primary suite. The fenced in backyard offers great privacy and a flexible space with both hardscape and turf. The home is in a coveted Encino neighborhood with easy access to top-rated schools, dining, and shopping. Local schools are Gaspar De Portola Middle School, Emelita Elementary, and Reseda High School.

Condition Rating
Excellent

The property is described as a 'newly redesigned modern home' with a 'sleek, modern kitchen featuring premium appliances and finishes' and a 'luxurious bathroom with double sinks, backlit mirrors, and an oversized shower with double shower heads.' This indicates a very recent and extensive renovation, bringing all key components to current quality standards, despite the original 1949 build year. The images corroborate a high-end, contemporary aesthetic throughout the interior, including updated flooring, lighting, and fixtures. While the original build year is old, the explicit 'newly redesigned' status and modern features align perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Newly Redesigned Modern Home: This home has been newly redesigned into a modern aesthetic, blending luxury with everyday comfort and featuring contemporary finishes throughout.
Open-Concept Living Space: The heart of the home boasts a stunning open-concept living space, where the living room, kitchen, and dining areas flow together seamlessly, ideal for modern living and entertaining.
Luxurious Primary Suite: The primary suite offers a true retreat with a spacious walk-in closet and a luxurious bathroom featuring double sinks, backlit mirrors, and an oversized shower with double shower heads.
En-suite Guest Bedrooms: Two guest bedrooms each come with their own en-suite bath, providing excellent privacy and convenience for family members or visitors.
Prime Encino Location: Nestled in a coveted Encino neighborhood, the property offers easy access to top-rated schools, dining, and shopping, enhancing its desirability.

Cons

Significant Overpricing: The current listing price of $1.599M is substantially higher than the estimated property value of approximately $965k, indicating potential overpricing relative to market data.
No Mention of Cooling System: The property description does not mention a cooling system (e.g., air conditioning), which could be a significant drawback for comfort during warm California months.
Older Original Build Year: Despite being newly redesigned, the home's original construction year of 1949 may raise concerns about underlying infrastructure (e.g., plumbing, electrical) if not fully updated during the renovation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state