16145 High Valley Place, Encino, CA 91436

$5,185,000
5
BD
5
BA
4,616
SqFt
List Price
$5,185,000
Status
ACTIVE
MLS#
25575503
Year Built
1951
Bedrooms
5
Bathrooms
5
Living Sq. Ft
4,616
Lot Size
42,806
Acres
0.98
Days on Market
14
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Welcome to 16145 High Valley Place a once-in-a-generation offering in the heart of Encino's coveted Royal Oaks. Set at the end of a private cul-de-sac behind gates, this nearly 1-acre parcel (42,795 sq ft) presents an unmatched canvas for visionary builders and estate seekers alike. The property allows up to ~13,299 SF addition/remodel or up to ~15,958 SF brand new construction. Current residence is 4,616 SF and a full-size tennis court, situated on a broad flat pad. Whether you're building new, expanding, or repositioning for resale, the value lies in the land, location, and entitlement potential. Comparable new estates nearby have sold in the $15M-$18M range. Whether you're a seasoned developer or end-user looking to create generational wealth and lifestyle, this is the lot that rarely hits the market.

Additional Information

Appliances
Dishwasher, Refrigerator, Dryer, Washer
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s), Valley
Attached Structure
Detached

Listing courtesy of Listing Agent: Kyle Leibovitch (kylel@rodeore.com) from Listing Office: Rodeo Realty- Brentwood.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.