$6,450,000
- Beds
- 5
- Baths
- 6.5
- sq ft
- 9,211
4700 Balboa Ave, Encino, CA 91316
4700 Balboa Ave
Encino, CA 91316
- 49 days on market
- Price drop $250,000↓
The Most Exquisite Italian Villa on the Hilla..Celebrity-owned haven situated just S. of Ventura in a Beautiful Encino Enclave, yet you feel worlds away when you are HOME! One of a kind custom-built Home embodies luxury & elegance. Private, secluded, cul-de-sac lot & tucked away, remaining entirely hidden from view from Balboa! over 9000 SQFT on 1.27 ACRE Estate, for LAND VALUE alone in this part of Encino, it’s a steal. 2 independent appraisals completed October 2024, in hand @ $7.5M+.Long driveway leads to Double Gates ensuring security & safety to an entertainer’s dream. If you manifested walking a flight of stairs to your office, here’s your dream come true! 1,549 sq. ft. of PROFESSIONAL office space (BIG tax benefit), equipped w/kitchen, bath, 2 private offices & production office, perfect as recording studio, podcast space or writing hub! Separate entrance for staff & clients. Here’s the KICKER! 25 space parking lot! YES, parking for 25+ cars…ideal for Staff parking or hosting grand events! Every detail of this estate embodies old-world charm & elegance, w/country stonework, mature olive trees & layered architectural design throughout. Double Door Entry to towering intricate ceilings of grand foyer. Walk down the ‘red carpet’ on the longest grandest hallway in the valley! Relax in the library accented by gorgeous Pella Doors overlooking an Italian café scene! Stroll to the guest bath where there's a surprise from Marilyn Monroe! Sip cocktails on one of the inviting loggias, or host parties in the formal dining room, which features service passage for staff. Entertain guests in the cabaret theater, complete with an elevated stage, serve drinks from and-carved historic bar! Throughout the home, on each level, there are several outdoor spaces offering exceptional privacy & abundant charm & room for huge POOL! Take the elevator to the PENTHOUSE LEVEL primary suite, private retreat offering dual separate his/hers bathrooms & 2 separate spacious walk-in closets. In “his” wing, men’s club style steam shower, or “her” spa-resort experience in her own boudoir wing featuring a soaking/jacuzzi sunken bath adorned w/white Calacutta gold marble imported from Italy! Enjoy a nightcap on the veranda off your personal professional home gym, taking in picturesque sunset views to close out your evening. This is a HOUSE you Must See to Appreciate! There’s nothing like this on the market at this price so don’t wait because it won’t be available for long!
Details
Property type
Single Family Residence
Property condition
Updated/Remodeled
Lot size
1.2728 acres
Price per sq ft
$701
Year built
2008
HOA
No
Price History
12/10/2024
CRMLS #SR24218496
Price change
$6,450,000
-3.73%
11/04/2024
CRMLS #SR24218496
Listed
$6,700,000
-10.61%
10/05/2024
CLAW #24386201
Removed
$7,495,000
Schools & Community
Neighborhood:
Encino
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Street Lights
Community features:
Street Lights
High school district:
Los Angeles Unified
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Status: Active
Tomo last checked: 12/23/2024 at 1:55 AM
Listing updated: 12/16/2024 at 3:50 AM
Listed by: Poupee Komenkul, Rodeo Realty Phone #: (818) 986-7300
MLS: CRMLS #SR24218496
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