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Joe Cloninger

[email protected] +1(323) 386-4663

$ 4,499,000

Est. payment | -/mo

5 Beds

5 Baths

4,616 SqFt

Save

$ 4,499,000

Est. payment | -/mo

Save

5 Beds

5 Baths

4,616 SqFt

Open House

Fri May 15, 11:00am - 2:00pm

Sat May 16, 2:00pm - 5:00pm

Tue May 19, 11:00am - 2:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,616 sqft

Price per Sqft $974

MLS Listing ID 26832835

Style Architectural

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1951

Lot Size 0.983 Acres

Acres 0.9827

Property Sub-Type Single Family Residence

Property Description

The best development opportunity in the Valley. This is your builder's chance to step up to the big Leagues with an entirely "next level" estate that changes their career. Big land, big house, big profits. The location does not get any better. The trail has already been blazed by 14 double-digit sales in the past few years - this isn't an exit of the highest number, a $14M exit is on the lower range of projections. Plenty of upside, plenty of protection on the downside. Quiet cul-de-sac just off exclusive Woodvale Road, in Encino's coveted Royal Oaks neighborhood. Close to Van Nuys private airport, close to the Westside, and close to all of the best Valley private schools, as well as Lanai, the best public elementary. The existing lighted Tennis Court and the perimeter oak trees are massively additive to your bottom line. This pencils out all day long. Rich rewards go to those with vision.

Location

State CA

County Los Angeles

Area Encino

Zoning LARE15

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Hardwood

Fireplaces Number 2

Fireplaces Type Living Room, Primary Bedroom, Primary Retreat

Equipment Built-Ins, Dishwasher, Range/Oven, Vented Exhaust Fan, Refrigerator

Laundry Inside, Room

Exterior

Parking Features Driveway, Garage

Garage Spaces 3.0

Pool None

View Y/N Yes

View Valley, Mountains

Building

Story 1

Sewer In Street

Water District

Architectural Style Architectural

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Agency

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CONTACT US

+1(323) 386-4663

[email protected]

16145 High Valley Pl Encino, CA 91436