Description
MOTIVATED SELLER. Rare development opportunity in the prestigious Amestoy Estates of Encino. Situated on nearly one acre of flat land spanning approximately 43,037 SF, this gated property offers exceptional potential to build, expand, or reimagine a luxury estate in one of Encino's most sought-after neighborhoods.Previously approved plans and permits allowed for the development of an approximately 9,000 SF residence, presenting an incredible opportunity for developers, investors, or end users looking to create a custom dream compound. Surrounded by multi-million-dollar estates with nearby sales ranging from $6M to $8M+, the possibilities are endless.A gated entrance and over 20-foot-wide private driveway provide privacy and a grand sense of arrival. The existing approximately 2,200 SF Mediterranean-style home features vaulted ceilings and a chef's kitchen, offering immediate value as a guest house, ADU, rental opportunity, or temporary residence during future development.The expansive grounds are ideal for creating a true resort-style retreat with room for a pool, spa, tennis or pickleball court, outdoor entertaining areas, guest accommodations, and more. Conveniently located near highly regarded schools including the Academy of Enriched Sciences and Westmark School.An exceptional opportunity to bring your vision to life at 5457 Encino Ave.
Details
| MLS # | 26835603 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 121 |
| Listing Provided By | Wolf Luxury Estates | Daniel Dahan |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,260 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | LARA |
| Acreage | 0.99 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Furnished | Unfurnished |
| Fireplace Yes / No | Yes |
Parking
| Parking Features | Carport, Electric Gate |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Encino |
| Zip Code | 91316 |
| Area | ENC Encino |
| Listing VS Median (in 91316) | |
Price: $2,575,000 low | high Med: $9,450,000 sqft: 2,260 low | high Med: 34,075 $ / sqft: $1,139 low | high Med: $593 On site: 121 low | high Med: 43 | |
Market Activity 91316
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Encino |
| Zip Code | 91316 |
| Area | ENC Encino |
| Listing VS Median (in 91316) | |
Price: $2,575,000 low | high Med: $9,450,000 sqft: 2,260 low | high Med: 34,075 $ / sqft: $1,139 low | high Med: $593 On site: 121 low | high Med: 43 | |