17401 Rancho Street, Encino, California 91316, Encino, 91316 - 6 bed, 7 bath

17401 Rancho Street, Encino, California 91316 home-pic-0
ACTIVE$5,899,999
17401 Rancho Street, Encino, California 91316
6Beds
7Baths
5,400Sqft
16,485Lot

Price Vs. Estimate

The estimated value ($5,466,293.75) is $433,705.25 (7%) lower than the list price ($5,899,999). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2022, this estate offers contemporary elegance, custom finishes, and timeless architecture, ensuring modern standards and minimal immediate maintenance.
Top Cons:
Recent Price Reductions: The property has undergone two price reductions from its original list price of $6.2M to $5.899999M, which may suggest an initial overvaluation or market resistance at its current price point.

Compared to the nearby listings

Price:$5.90M vs avg $1.47M (+$4,434,999)96%
Size:5,400 sqft vs avg 2,250 sqft86%
Price/sqft:$1.1K vs avg $74598%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it virtually brand new. The description highlights 'custom finishes,' 'premium Wolf and Thermador appliances,' 'custom cabinetry,' 'spa-inspired bathrooms,' and 'cutting-edge smart home automation.' The images confirm a pristine, modern aesthetic throughout, with high-end materials and fixtures in the kitchen and bathrooms, showcasing no signs of wear or outdated features. All components meet current quality standards with no deferred maintenance.
Year Built
2022
Close
-
List price
$5.9M
Original List price
$6.2M
Price/Sqft
$1,093
HOA
-
Days on market
-
Sold On
-
MLS number
25540195
Home ConditionExcellent
Features
Good View: Pool, Trees/Woods
Deck
Pool
Spa
Patio
ViewPool, Trees/Woods

About this home

The home you've been waiting for in Encino! Welcome to a rare fusion of contemporary elegance and California warmth in this thoughtfully designed 5,400 sq ft, 6 Bedroom, 7 Bathroom estate. Situated on a beautifully flat and private gated lot surrounded by majestic oak trees, this one-of-a-kind home was crafted with custom finishes and timeless architect. From the moment you arrive, the home's presence is undeniable. A hand-laid cobblestone driveway sets the tone for the attention to detail you'll find throughout. Inside, natural light pours into open, airy living spaces that flow effortlessly offering the ideal setting for both quiet moments and entertaining. Lutron-controlled lighting on the windows let you tailor the ambiance and privacy. The foyer greets you with soaring ceilings extending into the formal living room with seamless indoor-outdoor access through Fleetwood sliding doors. The formal living room and family room are elegantly connected by a dual-sided, see-through fireplace adding warmth, ambiance, and a touch of luxury to both spaces. Host unforgettable dinner parties in the formal dining room, complete with a stunning custom glass wine display. The open-concept family room offers the ultimate everyday comfort with custom built-ins and effortless connection to the kitchen and access to outdoors. The gourmet eat-in kitchen is a chef's dream, equipped with premium Wolf and Thermador appliances, custom cabinetry, and an oversized island perfect for gathering and entertaining. The first level features three bedrooms, including a suite with Fleetwood doors that has direct access to the backyard pool area, perfect for guests, in-laws, or a gym. Upstairs, you'll find a versatile loft area and media room with Dolby Atmos surround sound for an immersive cinematic experience. The primary suite feels like a true retreat. French doors greet you at the entrance, opening to a serene sanctuary featuring dual walk-in closets, a cozy fireplace, and a spa-inspired bathroom with soaking tub, dual vanities, double shower, and a private water closet. Step out onto your own private balcony with an outdoor fireplace, an ideal space to begin your day with coffee or end your day in peace and luxury. Two additional upstairs bedrooms are generously sized and beautifully appointed. Step outside to a serene, private backyard with premium low-maintenance turf designed for sophisticated entertaining and relaxation. Experience elevated outdoor living with a peaceful fire pit area, resort style pool and spa, featuring a Baja shelf, outdoor kitchen and BBQ, ideal for weekend gatherings or quiet evening unwinds. The poolside cabana has a TV and full bathroom which could be converted into an ADU, offering even more flexibility. Cutting-edge smart home automation puts lighting, climate, security, and entertainment at your finger tips, integrated seamlessly into a home defined by luxury craftsmanship and high-end finishes throughout, sets this home apart from the ordinary. Located on a quiet, desirable street, this estate delivers comfort, style, and versatility in one of Encino's most coveted pockets. If you've been searching for something beyond the expected- Welcome home!

Condition Rating
Excellent

This property was built in 2022, making it virtually brand new. The description highlights 'custom finishes,' 'premium Wolf and Thermador appliances,' 'custom cabinetry,' 'spa-inspired bathrooms,' and 'cutting-edge smart home automation.' The images confirm a pristine, modern aesthetic throughout, with high-end materials and fixtures in the kitchen and bathrooms, showcasing no signs of wear or outdated features. All components meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2022, this estate offers contemporary elegance, custom finishes, and timeless architecture, ensuring modern standards and minimal immediate maintenance.
Extensive Luxury Amenities: The home boasts high-end features such as a gourmet kitchen with Wolf and Thermador appliances, a custom glass wine display, dual-sided fireplace, media room with Dolby Atmos surround sound, and cutting-edge smart home automation.
Resort-Style Outdoor Living: The private backyard features low-maintenance turf, a fire pit, a resort-style pool and spa with a Baja shelf, an outdoor kitchen/BBQ, and a poolside cabana with ADU conversion potential.
Spacious & Versatile Layout: With 5,400 sq ft, 6 bedrooms, and 7 bathrooms, including a primary suite with a private balcony and a first-level guest suite, the property offers ample space and flexible living arrangements for various needs.
Prime Location & Privacy: Situated on a beautifully flat and private gated lot surrounded by majestic oak trees, the home is located on a quiet, desirable street in one of Encino's most coveted pockets.

Cons

Recent Price Reductions: The property has undergone two price reductions from its original list price of $6.2M to $5.899999M, which may suggest an initial overvaluation or market resistance at its current price point.
High Ongoing Costs: As a newly built luxury estate with extensive smart home features, a large pool, and high-end appliances, the property will likely incur significant ongoing operational and maintenance expenses.
Limited Expansive Views: While offering views of 'Trees/Woods' and a private setting, the description does not highlight expansive city or canyon views, which are often sought after in this luxury price range in Encino.

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