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$5,350,000

Beds
5
Baths
7.0
sq ft
5,743

18067 Karen Dr, Encino, CA 91316

18067 Karen Dr

Encino, CA 91316

  • 98 days on market
    • Open house Apr 20
Nestled in the serene hills of Encino, this Modern Farmhouse is a subtle masterpiece of modern design. Boasting 5 bedrooms, 7 baths, and a spacious 5,743 square feet, this home, created by celebrity home designer Jae Omar, offers a comfortable and elegant living experience. Approaching the property, a well-manicured lawn and privacy provided by hedges and gates set the tone. Inside, a stone fireplace becomes the focal point, complemented by pocket sliding doors that seamlessly connect indoor and outdoor spaces. Enjoy beautiful views of the valley from the expansive terrace, a perfect spot for relaxation. The gourmet kitchen is equipped with modern appliances, stone counters, and a large island with a breakfast bar, creating a functional and inviting space for both everyday meals and entertaining. The main level hosts a spacious master suite and two additional bedrooms, with the master featuring a large walk-in closet and a spa-like bathroom. The lower level is dedicated to entertainment, offering a sizable media room, a poker game room, and a gym. Two en suite bedrooms on this level open up to the pool area, complete with floor-to-ceiling sliding pocket doors. The outdoor space is designed for leisure, featuring a large pool, spa, outdoor shower, barbecue area, firepit, pool house, sports court, and soccer grounds. Practical amenities include a two-car garage with electric car charging stations. With designer lighting, high ceilings, European oak floors, and jetliner views, this residence strikes a balance between luxury and practicality, making it an ideal home for those seeking both comfort and entertainment in the heart of Encino.

Details

Property type

Single Family Residence

Est. home value

$4,888,293

Property condition

New Construction

Lot size

0.4179 acres

Price per sq ft

$932

Year built

2020

Price History

01/20/2024
CLAW

CLAW #23341323

Listed
$5,350,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

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

June 2022

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

2.04%

Loan type

Credit Line (Revolving), 25 year

Seller

Michael Wang and Karen Wang

Lender

First Republic Bank

Loan start date

July 2020

Original loan amount

$2,100,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Michael Wang and Karen Wang

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: 04/17/2024 at 1:45 AM

Listing updated: 04/16/2024 at 5:32 PM

Listed by: Wolf Amer, The Agency Phone #: (424) 230-3700

MLS: CLAW #23341323

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Disclaimers

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The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/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.