REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Marvin Zayas

youragentmarvin@gmail.com +1(310) 413-7683

$ 6,499,999

Est. payment | -/mo

5 Beds

5 Baths

5,928 SqFt

Save

$ 6,499,999

Est. payment | -/mo

Save

5 Beds

5 Baths

5,928 SqFt

Open House

Sun Jun 28, 1:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,928 sqft

Price per Sqft $1,096

MLS Listing ID SR26136809

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1940

Lot Size 1.459 Acres

Property Sub-Type Single Family Residence

Property Description

A truly rare offering in prestigious Amestoy Estates, this sprawling 1.5-acre ALL-FLAT corner lot presents one of the most exceptional development opportunities currently available in Encino. Surrounded by some of the area's most distinguished multi-million-dollar estates, this property offers endless possibilities for developers, investors, builders, and end-users seeking to create a legacy estate. The existing residence features a flexible floor plan with a first-floor bedroom and three spacious upstairs bedrooms overlooking the expansive park-like grounds. In addition, the property includes a substantial detached 1,620-square-foot guest house with soaring ceilings, a private entrance, and tremendous potential for extended family, guests, a home office, wellness retreat, or income-producing opportunities. What truly sets this property apart are the included plans for an approximately 28,000-square-foot luxury estate, offering buyers a significant head start toward creating a world-class custom residence. Buyers are advised to verify all plans, permits, development opportunities, and the potential for lot subdivision with the appropriate professionals and governmental agencies. Whether your vision is a private family compound, a multi-generational estate, multiple luxury residences, or an unparalleled resort-style retreat complete with expansive outdoor amenities, sports courts, guest accommodations, and entertainment spaces, the possibilities are virtually limitless. The property's flat topography, enormous frontage, and premier location provide an extraordinary canvas to bring your dream project to life. Ideally situated within walking distance to Ventura Boulevard's renowned dining, shopping, and entertainment, this is a once-in-a-generation opportunity to acquire one of Encino's most versatile and valuable development sites.

Location

State CA

County Los Angeles

Area Enc - Encino

Rooms

Main Level Bedrooms 1

Interior

Interior Features High Ceilings, Pantry, Bedroom on Main Level, Jack and Jill Bath, Walk-In Pantry, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Stone, Tile

Fireplaces Type Living Room

Fireplace Yes

Laundry Laundry Room

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool Private

Community Features Storm Drain(s)

View Y/N Yes

View Neighborhood, Trees/Woods

Total Parking Spaces 3

Private Pool Yes

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2258006003

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sahib Bhasin Pinnacle Estate Properties 818-606-7266, DRE #02104287

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 413-7683

youragentmarvin@gmail.com

Los Angeles, CA, USA

5255 Amestoy Encino, CA 91316