tomo logo

$6,450,000

Beds
6
Baths
7.5
sq ft
5,378

5041 Palomar Dr, Tarzana, CA 91356

5041 Palomar Dr

Tarzana, CA 91356

  • 1 day on market
Set behind gates just south of Ventura Blvd, this reimagined Contemporary Spanish estate offers a blend of luxurious living and modern upgrades. Nestled on an expansive 18,350 sq ft lot, the property is surrounded by tall hedges and lush greenery, offering exceptional privacy while showcasing stylish details at every turn. Spanning 5,400 square feet, the home features six bedrooms and eight bathrooms across a light-filled, open floor plan. Recent improvements include a brand-new family room with a see-through, double-sided fireplace, enhanced lighting throughout, and an AI-powered security system with multiple cameras. A reimagined kitchen now boasts Miele appliances, custom hardware, and a stunning new backsplash. The adjacent dining room showcases a striking wine display, while the newly built mudroom off the garage adds seamless organization. Upstairs, the primary suite is an oasis of calm, offering a cozy fireplace, a private deck with serene views, a spa-like bathroom with a rainfall shower, and a generous walk-in closet. Updates continue throughout the home, including new carpets in the guest rooms and playroom, elegant window treatments, and a redesigned kitchen pantry. The outdoor spaces have been meticulously transformed for relaxation and entertainment. The backyard now features a custom-built fireplace with eco-outdoor stone, an enhanced sound system, a sparkling pool with new security glass panels, a spa, a sports court, and a four-person infrared sauna. The pool house offers a sleek bar, a fire pit, and a BBQ area—perfect for hosting. The front yard has been revitalized with lush landscaping, a refined driveway gate, and a pedestrian entry gate, creating an impressive sense of arrival. Combining privacy, style, and thoughtful updates, this home is designed to meet every modern need while exuding timeless Santa Barbara charm.

Details

Property type

Single Family Residence

Est. home value

$4,910,649

Property condition

Updated/Remodeled

Lot size

0.4161 acres

Price per sq ft

$1,200

Year built

2018

HOA

No

Price History

01/21/2025
CRMLS

CRMLS #SR25008893

Listed
$6,450,000
+20.56%
06/10/2022
CLAW

CLAW #22150393

Sold
$5,350,000
+72.03%
12/21/2018
CLAW

CLAW #18399424

Sold
$3,110,000
+182.73%

Schools & Community

Neighborhood: 

Tarzana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Los Angeles Unified

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

City National Bank

Loan start date

May 2022

Original loan amount

$3,210,000

Est. remaining balance

Not provided

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Ilie Kramar and Ashley Kramar

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?

Status: Active

Tomo last checked: 01/22/2025 at 5:35 AM

Listing updated: 01/21/2025 at 1:56 PM

Listed by: Milla Pariser, Beverly and Company Phone #: (818) 835-4414

MLS: CRMLS #SR25008893

CRMLS logo

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