$4,195,000
For Sale

17229 Oak View Drive

Encino, CA 91316
Listing OfficeHollywood Estates
Browse 30 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Welcome to "The Encino Promontory", a truly rare and unparalleled development opportunity set on an exceptional 1.5-acre parcel of land with unobstructed, breathtaking panoramic views in the coveted Encino Hills. Situated on one of the most prestigious and sought-after streets in the area, this lot offers a unique combination of privacy, exclusivity, and a commanding hillside presencemaking it one of the few remaining premier properties in this highly desirable neighborhood.Designed with a flag-lot orientation, this property ensures the utmost seclusion while maximizing the views that stretch across the entire San Fernando Valley. With record-breaking sales and high-profile developments in the area, along with an influx of celebrity relocations, the Encino Hills market is flourishing, offering incredible post-construction value potential for both end users and developers alike. Based on a recent slope analysis, this extraordinary lot provides the opportunity to create an impressive mega compound comprising of up to approximately 15,000 SQ FT, Buyer to verify. This is a once-in-a-lifetime chance to craft a bespoke contemporary estate in one of Los Angeles' most coveted enclaves. Don't miss the opportunity to secure one of the last truly exceptional properties in Encino Hills. Property is sold as a un-entitled lot and conceptual renderings shown, all Buyers to verify building potential with their own professionals.

  • Property Details
      • ViewCityLights, Mountains, Panoramic, TreesWoods
      • CountyLos Angeles
      • Original List Price$4,195,000
      • Property TypePurchase
      • MLS #25478287
      • MLS #25478287
      • Cost4195000
      • Acres1.5386
      • Property SubtypeLand

Location

Susan LeightonReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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