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$2,950,000

Beds
5
Baths
3.0
sq ft
3,039

5343 Amestoy Ave, Encino, CA 91316

5343 Amestoy Ave

Encino, CA 91316

  • 61 days on market
Calling all investors, visionaries, and those looking to renovate or build their dream homes from the ground up! Unparalleled opportunity in Amestoy Estates, boasting a sprawling 30,809 square foot flat lot, with a remarkable 140 feet of lot frontage and a depth of 220 feet, in Encino's most sought-after enclave. If you've been anticipating a property of grand proportions to craft your own personal paradise, this is your opportunity within a neighborhood where home sales have reached remarkable price ranges of $6.4-8.4 million. Unlike any other offering in the area, this property's staggering lot size coupled with its prestigious location provides the perfect combination, whether you dream of crafting a palatial mansion with lavish amenities and sprawling grounds or prefer to reimagine the existing structure into a contemporary masterpiece. This expansive estate welcomes you with dual access gates and a grand circular driveway. The existing single-story house is a true diamond in the rough, stretching the width of the lot from one end to the other. It exudes classic charm and encompasses 5 bedrooms, 3 bathrooms, and 3,039 square feet of living space, complemented by an oversized 2-car garage. Sizable living room featuring a fireplace and large sliding doors that open to the covered patio, lush backyard, fenced pool, and outdoor built-in BBQ area at the end of the lot. The kitchen has backyard-facing windows above the sink, while the breakfast nook offers front yard views. The dining room, with vaulted ceilings, overlooks both the expansive backyard through sliding doors and the front yard through large windows. The primary suite features expansive sliders and a picturesque window, both offering panoramic views of the backyard. Within, discover a spacious walk-in closet and an ensuite, complete with a double sink vanity, a soaking tub, a separate shower, and a private water closet. Step outside and be greeted by the breathtaking scale of the outdoor space. The sprawling 30K+ lot unfolds into an expansive backyard, stretching majestically towards the horizon. At the end of this vast expanse lies a pool, nestled beside a charming BBQ area, creating a captivating oasis of relaxation and entertainment. Don't just envision your dream home or next project - make it a reality in Amestoy Estates, where luxury knows no bounds.

Details

Property type

Single Family Residence

Property condition

Fixer

Lot size

0.7073 acres

Price per sq ft

$971

Year built

1954

Price History

06/07/2024
CRMLS

CRMLS #SR24086445

Listed
$2,950,000
05/21/2024
CRMLS

CRMLS #SR24086445

Pending
$2,950,000
05/01/2024
CRMLS

CRMLS #SR24086445

Listed
$2,950,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Park

High school district: 

Los Angeles Unified

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Status: Active

Tomo last checked: 07/01/2024 at 7:35 AM

Listing updated: 06/09/2024 at 5:03 PM

Listed by: Arthur Aslanian, Berkshire Hathaway HomeServices California Properties Phone #: (818) 501-4800

MLS: CRMLS #SR24086445

CRMLS logo

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