Welcome to 16145 High Valley Place a once-in-a-generation offering in the heart of Encino's coveted Royal Oaks. Set at the end of a private cul-de-sac behind gates, this nearly 1-acre parcel (42,795 sq ft) presents an unmatched canvas for visionary builders and estate seekers alike. The property allows up to ~13,299 SF addition/remodel or up to ~15,958 SF brand new construction. Current residence is 4,616 SF and a full-size tennis court, situated on a broad flat pad. Whether you're building new, expanding, or repositioning for resale, the value lies in the land, location, and entitlement potential. Comparable new estates nearby have sold in the $15M-$18M range. Whether you're a seasoned developer or end-user looking to create generational wealth and lifestyle, this is the lot that rarely hits the market.
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Listing Snapshot
Price
$5,495,000
Days On Site
48 Days
Bedrooms
5
Inside Area (SqFt)
4,616 sqft
Total Baths
5
Full Baths
5
Partial Baths
N/A
Lot Size
0.9827 Acres
Year Built
1951
MLS® Number
25548417
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
6 days ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.9827
Garage
Yes
Number Of Stories
1
Parking
DrivewayGarage
Parking Spaces
3
Property Sub Type
Single Family Residence
Security
Gated Community
Special Circumstances
Standard
SqFt Total
4616
Stories
One
Zoning
LARE15
Interior Features
Appliances
DishwasherRefrigeratorDryerWasher
Cooling
Central Air
Fireplace
Yes
Fireplace Features
Living Room
Flooring
Wood
Furnished
Unfurnished
Heating
Central
Laundry Features
Inside
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Exterior Features
Pool Features
None
Spa Features
None
View
Mountain(s)Valley
Waterview
Mountain(s)Valley
Community Features
Community Features
Gated
MLS Area
ENC - Encino
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