MOTIVATED SELLER, RECENTLY APPRAISED for $2,800,000. Calling all Investors, developers, and visionaries, seize this rare chance to build or renovate within the esteemed Amestoy Estates of Encino. This nearly one-acre, flat 43,037 sq ft lot presents an exceptional canvas for a luxury compound. Strategically positioned amidst multi-million-dollar residences, where sales have reached $6M to $8M, this property offers unparalleled potential. Enjoy your privacy with a gated entrance and a 20+ foot wide private driveway. The existing 2,200 sq ft Mediterranean home, featuring vaulted ceilings and a chef's kitchen, provides immediate value as a guest house or ADU, while offering a solid foundation for your vision. Imagine a resort-style oasis within your own grounds, complete with a sparkling pool, rejuvenating spa, and a private court for tennis, pickleball, or basketball. Located near top-rated schools, including the Academy of Enriched Sciences and Westmark School, this estate offers both prestige and convenience. Don't just imagine your dream home – bring it to life in Amestoy Estates, where luxury knows no bounds. Welcome to 5457 Encino Ave!
Days on market: 61
Listing updated: April 28, 2025 - 03:50:04
Listed by: Rafael Gevorkian DRE #01783621 877-973-3346, Redfin Corporation - Southland
Source: Southland, MLS#: F0052600 Originating MLS: CRMLS
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