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$4,949,999

Beds
5
Baths
6.5
sq ft
6,175

16881 Oak View Dr, Encino, CA 91436

16881 Oak View Dr

Encino, CA 91436

  • 88 days on market
    • Price drop $449,001↓
Nestled in a private community and also gated itself, this spectacular, recently renovated estate blends contemporary and traditional design. Offering unparalleled security in a coveted location, the home sits in a prime South of the Boulevard enclave in Encino. Featuring 5 bedrooms and 8 baths across 6,175 square feet, this home includes an enormous kitchen/breakfast/great room, a grand dining room, and a separate formal living room, making it perfect for any lifestyle. Upstairs, there are two sumptuous primary suites with huge walk-in closets and spa-like baths. Three additional junior suites complete the total of five bedrooms, which all converge around a spacious and inviting media room. Outside, the yard features a large infinity pool with a Baja shelf and spa, a separate-structure pool bathroom, and vast entertaining spaces plus lawn areas. Upon entering the home, you are welcomed by a sprawling motor court with ample parking and a three-car garage. The entire estate is enveloped by lush foliage and mature verdant trees, providing beauty and additional privacy.

Details

Property type

Single Family Residence

Est. home value

$5,248,170

Lot size

0.6017 acres

Price per sq ft

$802

Year built

1981

HOA

No

Price History

10/01/2024
CLAW

CLAW #24425177

Price change
$4,949,999
-8.32%
08/08/2024
CLAW

CLAW #24425177

Listed
$5,399,000
+14.51%
10/28/2022
CLAW

CLAW #22183593

Sold
$4,715,000
+119.3%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

September 2022

Original loan amount

$3,300,500

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Descanso Management Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/04/2024 at 2:10 PM

Listing updated: 10/11/2024 at 7:36 AM

Listed by: Carl Gambino, Compass Phone #: (310) 230-5478

MLS: CLAW #24425177

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