RealKey
‪(213) 433-7766‬

15431 Milbank Street, Encino, California 91436, Encino, 91436 - 4 bed, 2 bath

15431 Milbank Street, Encino, California 91436 home-pic-0
ACTIVE$1,795,000
15431 Milbank Street, Encino, California 91436
4Beds
2Baths
2,258Sqft
7,028Lot
Year Built
1963
Close
-
List price
$1.79M
Original List price
$2M
Price/Sqft
$795
HOA
-
Days on market
-
Sold On
-
MLS number
25522147
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.79M(23th), sqft - 2258(23th), beds - 4(50th), baths - 2(10th).

Spectacular remodeled single story turnkey home is located on a magical cul-de-sac in prime Encino. AWARD WINNING HESBY ELEMENTARY CHARTER SCHOOL! EASY 405 WESTSIDE ACCESS. Almost 2,300 sq. ft. of extraordinary comfort and gracious ambiance, eloquently expressed in the finest of finishes and building elements. The open floor plan is seamless for today's lifestyle featuring dramatic entry, beautiful wide plank wood floors and recessed lighting throughout. A phenomenal cook's kitchen with high-end Thermador appliances, stone countertops, built-in coffee maker, wine refrigerator and gourmet center island. An oversized stepdown family room with sleek fireplace and large pocket doors to the backyard. A luxurious primary retreat with Four Seasons style bath with dual vanities, glass shower, soaking tub and walk-in closet. The 3 additional bedrooms are gracious in size and scale. Additionally, the home offers a brand-new roof, updated plumbing & electricity, laundry area w/washer & dryer, and 2 car garage with electric car charger and direct access. The private backyard features an extensive artificial grass area, multiple seating and entertaining spaces that are perfect for true indoor-outdoor California Living. This location is ideally close to parks, houses of worship, fine dining and shopping. This home is a TRUE GEM!

Nearby schools

9/10
Kester Avenue Elementary School
Public,•K-5•1.0mi
8/10
Lanai Road Elementary School
Public,•K-5•1.4mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.6mi
5/10
Lemay Street Elementary School
Public,•K-5•3.6mi
6/10
Lemay Street Elementary School
Public,•K-5•3.6mi
6/10
Newcastle Elementary School
Public,•K-5•3.8mi
5/10
Brentwood Science School
Public,•K-5•7.3mi
2/10
Van Nuys Middle School
Public,•6-8•1.4mi
5/10
William Mulholland Middle School
Public,•6-8•3.0mi
3/10
William Mulholland Middle School
Public,•6-8•3.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•4.1mi
6/10
Van Nuys Senior High School
Public,•9-12•2.4mi
4/10
Reseda Senior High School
Public,•9-12•4.1mi
6/10
University Senior High School
Public,•9-12•7.7mi
6/10
University Senior High School Charter
Public,•9-12•7.7mi
Condition Rating
Excellent
This property is described as a 'spectacular remodeled single story turnkey home' with 'finest of finishes and building elements.' The kitchen features high-end Thermador appliances, stone countertops, a built-in coffee maker, wine refrigerator, and a gourmet center island, all appearing new and modern in the images. The primary bathroom is described as a 'luxurious primary retreat with Four Seasons style bath with dual vanities, glass shower, soaking tub.' The home boasts beautiful wide plank wood floors and recessed lighting throughout. Key updates include a brand-new roof, updated plumbing, and electricity. Although the original built year is 1963, the extensive, high-quality renovation brings it to current standards, making it virtually new in terms of livability and aesthetics. Visible ceiling vents in the images suggest the presence of central air, despite an AI-generated weakness noting a lack of explicit mention in the text. Overall, the property presents as fully renovated recently, with all components meeting current quality standards and no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Extensive Remodel & Turnkey Condition: The property is a 'spectacular remodeled single story turnkey home' with 'finest of finishes and building elements,' including a brand-new roof, updated plumbing, and electricity, minimizing immediate buyer investment.
Gourmet Kitchen: Features a 'phenomenal cook's kitchen' equipped with high-end Thermador appliances, stone countertops, a built-in coffee maker, wine refrigerator, and a gourmet center island.
Prime Location & School District: Located on a 'magical cul-de-sac in prime Encino' within the 'AWARD WINNING HESBY ELEMENTARY CHARTER SCHOOL' district, offering easy 405 Westside access and proximity to amenities.
Luxurious Primary Suite: The primary retreat boasts a 'Four Seasons style bath' with dual vanities, a glass shower, soaking tub, and a walk-in closet, providing a high-end personal sanctuary.
Indoor-Outdoor Living & Modern Amenities: An open floor plan with large pocket doors connects to a private backyard featuring artificial grass and multiple seating areas, ideal for California living, plus an electric car charger in the garage.

Cons

Significant Price Discrepancy: The current list price of $1.795M is substantially higher (approximately 60%) than the estimated property value of $1.12M, indicating potential overvaluation that could impact market appeal and saleability.
Lack of Central Air Conditioning: Despite extensive remodels, the property description does not mention a central air conditioning system, which is a critical amenity in California's climate and could be a drawback for potential buyers.
Older Original Construction: While extensively renovated, the home's original build year of 1963 might raise concerns for some buyers regarding foundational elements or other unseen older infrastructure, despite updated plumbing and electricity.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state