tomo logo

$4,750,000

Beds
5
Baths
7.0
sq ft
6,084

18067 Karen Dr, Encino, CA 91316

18067 Karen Dr

Encino, CA 91316

  • 73 days on market
Perched in the tranquil hills of Encino, this Modern Farmhouse is a refined showcase of contemporary design. Fully remodeled in 2020, the residence spans 5,743 square feet and features 5 bedrooms and 7 baths. Crafted by renowned celebrity designer Jae Omar, this home offers a blend of comfort and sophistication. As you approach the property, a manicured lawn, privacy hedges, and secure gates create an inviting entry. Inside, a stone fireplace anchors the living space, while pocket sliding doors blur the lines between indoor and outdoor living. The expansive terrace offers stunning valley views, making it an ideal spot to unwind. The gourmet kitchen, outfitted with high-end appliances, stone countertops, and a large island with a breakfast bar, is both functional and stylish, perfect for everyday dining or hosting guests. The main level houses a spacious master suite and two additional bedrooms, with the master suite featuring a large walk-in closet and a spa-like bathroom retreat. The lower level is designed for entertainment, complete with a media room, poker game room, and gym. Two en suite bedrooms on this floor open directly to the pool area, where floor-to-ceiling pocket doors lead to the outdoor amenities. The backyard is a haven for relaxation and recreation, offering a large pool, spa, outdoor shower, barbecue area, firepit, pool house, sports court, and soccer field. Additional conveniences include a two-car garage with electric vehicle charging stations. With designer lighting, soaring ceilings, European oak floors, and jetliner views, this property seamlessly blends luxury and functionality, providing an exceptional living experience in the heart of Encino.

Details

Property type

Single Family Residence

Est. home value

$4,888,293

Property condition

Updated/Remodeled

Lot size

0.4179 acres

Price per sq ft

$781

Year built

Unknown

HOA

No

Price History

08/23/2024
CLAW

CLAW #24431095

Listed
$4,750,000
-2.06%
08/20/2024
CLAW

CLAW #24416715

Removed
$4,850,000
07/17/2024
CLAW

CLAW #24416715

Listed
$4,850,000
-2.9%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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: 11/04/2024 at 8:30 PM

Listing updated: 10/26/2024 at 1:15 PM

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

MLS: CLAW #24431095

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