MOTIVATED SELLER. Rare development opportunity in the prestigious Amestoy Estates of Encino. Situated on nearly one acre of flat land spanning approximately 43,037 SF, this gated property offers exceptional potential to build, expand, or reimagine a luxury estate in one of Encino's most sought-after neighborhoods.Previously approved plans and permits allowed… Read More for the development of an approximately 9,000 SF residence, presenting an incredible opportunity for developers, investors, or end users looking to create a custom dream compound. Surrounded by multi-million-dollar estates with nearby sales ranging from $6M to $8M+, the possibilities are endless.A gated entrance and over 20-foot-wide private driveway provide privacy and a grand sense of arrival. The existing approximately 2,200 SF Mediterranean-style home features vaulted ceilings and a chef's kitchen, offering immediate value as a guest house, ADU, rental opportunity, or temporary residence during future development.The expansive grounds are ideal for creating a true resort-style retreat with room for a pool, spa, tennis or pickleball court, outdoor entertaining areas, guest accommodations, and more. Conveniently located near highly regarded schools including the Academy of Enriched Sciences and Westmark School.An exceptional opportunity to bring your vision to life at 5457 Encino Ave. Read Less
Property listed by Wolf Luxury Estates, Daniel Dahan 310-404-6392
Listing Snapshot
Days Online
12
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
2,260
Lot Size
0.99 Acres
Year Built
1939
MLS Number
26835603
Additional Details
Building
Built in 1939, Living area: 2260.0, Levels: One
Cooling
None
Fireplaces
LivingRoom
Heating
None
Lot
0.988 acres, Dimensions: 117x367
Parking
6 total parking spaces, Carport, ElectricGate
Pool
None
Property
Courtyard
Taxes
Parcel Number: 2257003034, Zoning: LARA
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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