tomo logo

$3,795,000

Beds
5
Baths
4.0
sq ft
4,503

18155 Lake Encino Dr, Encino, CA 91316

18155 Lake Encino Dr

Encino, CA 91316

  • 45 days on market
Exceptional Modern Home in Lake Encino. Introducing a stunning completely remodeled modern residence that perfectly blends timeless design with contemporary luxury in the highly desirable Lake Encino area. This sprawling single story home sits on a large lot just over 18,000 sq ft featuring 5 completely redesigned large bedrooms plus an office. This home truly has been masterfully redesigned with top of the line finishes and fixtures throughout. As you step through the elegant white oak pivot door, you are welcomed by a serene entryway featuring a tranquil water feature showcased through expansive glass windows, creating an inviting ambiance that sets the tone for the rest of the home.This gated and private designed split layout home effortlessly flows into a spacious backyard oasis, complete with ample lounging areas ideal for relaxation and entertaining with an incredible pool characterized by its stunning original mid-century shape. In the main living area you will find a charming bar, a cozy 3-D fireplace, and a sophisticated dining room, all artfully intertwined to create a seamless space for gatherings and intimate celebrations.On the opposite side of the home, discover a luxurious master suite along with three additional spacious bedrooms and two beautifully appointed full bathrooms. Each room is designed with comfort and style in mind, providing a perfect retreat for family and guests alike.This property exemplifies the best of California living, where mid-century elegance meets modern luxury, making it an ideal sanctuary for discerning buyers. Don't miss your chance to own this architectural gem in one of Los Angeles' most sought-after neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$2,931,663

Lot size

0.4141 acres

Price per sq ft

$843

Year built

1964

HOA

No

Price History

10/07/2024
CLAW

CLAW #24448723

Listed
$3,795,000
+54.9%
02/20/2024
CRMLS

CRMLS #GD23176608

Sold
$2,450,000
-5.04%
01/16/2024
CRMLS

CRMLS #GD23176608

Pending
$2,580,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$1,546,115
Asking price
$3,795,000
Closing costs (~8% of asking)
-$303,600
Est. remaining loan balance
-$1,945,285
Cash to seller
$1,546,115

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Heritage Lending Inc

Loan start date

January 2024

Original loan amount

$1,960,000

Est. remaining balance

$1,945,285

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Shahin Safae Manesh

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: 11/22/2024 at 4:20 AM

Listing updated: 11/15/2024 at 8:50 AM

Listed by: Tim Gavin, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #24448723

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