16145 High Valley Place, Encino, California 91436, Encino, 91436 - 5 bed, 5 bath
ACTIVE$5,185,000
16145 High Valley Place, Encino, California 91436
5Beds
5Baths
4,616Sqft
42,806Lot
Year Built
1951
Close
-
List price
$5.18M
Original List price
$5.18M
Price/Sqft
$1,123
HOA
-
Days on market
-
Sold On
-
MLS number
25575503
Home ConditionTear down
Features
Excellent View: Mountain(s), Valley
Patio
ViewMountain(s), Valley
About this home
We found 3 Cons,5 Pros. Rank: price - $5.18M(93th), sqft - 4616(79th), beds - 5(67th), baths - 5(66th).
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.
Nearby schools
8/10
Lanai Road Elementary School
Public,•K-5•0.5mi
9/10
Kester Avenue Elementary School
Public,•K-5•2.0mi
9/10
Roscomare Road Elementary School
Public,•K-5•2.3mi
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•3.7mi
5/10
Brentwood Science School
Public,•K-5•6.7mi
2/10
Van Nuys Middle School
Public,•6-8•2.4mi
5/10
William Mulholland Middle School
Public,•6-8•3.2mi
3/10
William Mulholland Middle School
Public,•6-8•3.4mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.6mi
6/10
Van Nuys Senior High School
Public,•9-12•3.3mi
4/10
Reseda Senior High School
Public,•9-12•4.0mi
6/10
University Senior High School
Public,•9-12•7.2mi
6/10
University Senior High School Charter
Public,•9-12•7.2mi
Price History
Date
Event
Price
08/07/25
Listing
$5,185,000
Condition Rating
Tear down
The property was built in 1951, making the original structure over 70 years old. While some sections appear to have modern renovations (e.g., bathrooms, one bedroom), the overall listing description explicitly states that 'the value lies in the land, location, and entitlement potential' and highlights the opportunity for 'brand new construction' or a significant 'addition/remodel' (more than doubling the current square footage). This indicates that the existing residence, despite partial updates, is not considered the primary asset and is likely intended for demolition or a complete overhaul to realize the land's full potential, aligning with the 'tear-down' criteria where value is based solely on the land.
Pros & Cons
Pros
Exceptional Development Potential: This nearly 1-acre parcel (42,795 sq ft) offers an unmatched canvas for visionary builders, allowing for up to ~15,958 SF of brand new construction or ~13,299 SF addition/remodel, making it a prime development opportunity.
Prime & Exclusive Location: Situated in Encino's coveted Royal Oaks, at the end of a private cul-de-sac behind gates, ensuring privacy, exclusivity, and high desirability within a prestigious neighborhood.
Significant Upside & Value Proposition: The property's value is explicitly stated to lie in the land, location, and entitlement potential, with comparable new estates nearby selling in the $15M-$18M range, indicating substantial future appreciation.
Desirable Lot Characteristics & Existing Amenities: Features a broad flat pad, which is highly advantageous for construction, and includes a full-size tennis court, adding immediate recreational value.
Scenic Views: The property boasts desirable Mountain(s) and Valley views, enhancing its aesthetic appeal and potential value for a luxury estate.
Cons
Substantial Capital Investment Required: This is a land play for development; the purchase price is just the beginning, as significant additional capital will be required for new construction or extensive remodeling to realize its full potential.
Age of Existing Structure: Built in 1951, the current 4,616 SF residence is likely outdated and may require demolition or a complete overhaul, adding to project costs and complexity.
Niche Buyer Pool: The property is specifically marketed towards 'visionary builders and estate seekers' or 'seasoned developers,' which narrows the potential buyer demographic compared to a move-in ready home.