
Woodland Hills, California 91367
This Renovated Candy Cane Lane Estate is a Strong Value Opportunity, listed at $1,500,000—positioned below the $1,563,013 Fair Market Value by 4%. This valuation gap offers $63,013 in Instant Equity. Boasting a Mint Condition Rating, the residence features a modern quartz kitchen, refinished hardwoods, and a resort-style pool and spa on a rare 17,788 sq. ft. flat lot. Located in the Los Angeles Unified district near Warner Center, it balances luxury with significant land utility. This is an ideal match for Owner-Occupants or lifestyle-oriented buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5733 Oakdale Avenue Subject | $1,500,000* List Price | 3 | 2 | 1,994 | $784 | - |
A 20632 Tiara Street Sold | $1,460,000 | 3 | 2 | 1,800 | $811 | 1.0 mi |
B 20626 Tiara Street Sold | $1,450,000 | 4 | 3 | 1,856 | $781 | 1.0 mi |
C 20524 Rhoda Street Sold | $1,050,000 | 3 | 2 | 1,404 | $748 | 0.8 mi |
D 5836 Winnetka Avenue Active | $1,491,000 List Price | 4 | 3 | 2,460 | $606 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1950, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a brand new kitchen with custom cabinetry and quartz countertops, updated bathrooms with double-sink quartz vanities, and refinished hardwood floors. The interior is in mint, move-in ready condition, and exterior photos show a modern HVAC system, fulfilling the criteria for a high-end renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17788, living area = 1994.
The property features a rare 17,788 sq. ft. flat lot, providing a massive secondary backyard area with significant potential for an ADU, garden, or custom outdoor expansion.
Situated on the famous 'Candy Cane Lane' in Woodland Hills, the home offers a prestigious address with close proximity to Warner Center, Westfield Topanga, and Ventura Boulevard.
As a Trust Sale, the property may be sold with limited seller disclosures regarding its history and condition, necessitating thorough buyer due diligence.
Despite the large lot and premium price point, the property lacks the hillside or panoramic views often associated with high-end residences in the Woodland Hills area.
5733 Oakdale Ave. in Woodland Hills, located on the iconic Candy Cane Lane, is a beautifully renovated 3-bed + 2-bath home offering 1,994 sq. ft. of living space on an expansive 17,788 sq. ft. flat lot. A circular-style driveway with dual access points runs parallel to the home and connects to a secondary drive leading to a pull-through garage, providing ample off-street parking and easy access. Mature landscaping and a private entry gate open to a brick pathway that guides you to the front door. Inside, the entry opens to the first of three living areas, featuring refinished hardwood floors and a classic brick fireplace. This space opens into the renovated kitchen, complete with stainless steel appliances, brand new custom cabinetry, quartz countertops and a breakfast nook. An archway opens to the second living area, ideal as a formal dining room or entertaining space, highlighted by a wall of windows along a curved wall. French doors open from this room to the backyard patio. A third living area offers an additional brick fireplace and two sets of French doors, creating a strong indoor-outdoor connection. Hardwood floors continue into the primary suite, which includes a walk-in closet, an upgraded en suite bathroom with a quartz-top vanity, and its own set of French doors leading to the backyard. Two additional bedrooms also feature hardwood flooring and share a updated bathroom with a double-sink quartz vanity. A separate laundry room adds convenience. The backyard is divided into two distinct areas. The first boasts a patio, pool, jacuzzi and easy access to the pass-through garage. The second offers a large, flat section ready to be transformed into a garden, additional outdoor living space, or something entirely custom. Two storage sheds provide added utility, and the pull-through garage includes additional laundry hookups. Nearby attractions include Westfield Topanga & The Village, Warner Center Park, Serrania Park, Woodland Hills Country Club and all the restaurants and shops available along Ventura Blvd. Some photos have been virtually staged. Trust Sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 30% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,994 | 2,378 | 40% |
| Lot Size | 17,788 | 11,290 | 80% |
| Price | $1.50M | $1.37M | 58% |
| Price per sq ft | $752 | $627 | 75% |
| Built year | 1950 | 1960 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 174 | 1% |
Apr 16, 2026
$1,500,000
Initial Listing