18829 Paseo Nuevo Drive, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 5 bath

18829 Paseo Nuevo Drive, Tarzana, California 91356 home-pic-0
ACTIVE$3,289,000
18829 Paseo Nuevo Drive, Tarzana, California 91356
4Beds
5Baths
3,100Sqft
11,075Lot
Year Built
2024
Close
-
List price
$3.29M
Original List price
$3.29M
Price/Sqft
$1,061
HOA
-
Days on market
-
Sold On
-
MLS number
OC25059246
Home ConditionExcellent
Features
Good View: Hills, Trees/Woods
Pool
Patio
ViewHills, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.29M(86th), sqft - 3100(57th), beds - 4(50th), baths - 5(70th).

SELLER FINANCING BUYING DOWN RATE 1-1.5 points! Introducing a Masterpiece of Modern Luxury in Tarzana! Welcome to 18829 Paseo Nuevo, an extraordinary REBUILT home with timeless architecture and contemporary design. Nestled south of the boulevard near the El Caballero Country Club, this stunning residence, originally crafted by renowned mid-century architect Charles Dubois, has been masterfully rebuilt by the visionary developer Vida. With a focus on preserving the home’s iconic 1960s essence, rebuilt from new framing, Vida has infused modern luxury and functionality, making this property essentially brand new while honoring its architectural heritage. Interior Features Soaring 11.5-Foot Ceilings create an unmatched sense of space and grandeur. A thoughtfully redesigned open-concept layout separates living, dining, and kitchen spaces while maintaining seamless flow. Natural light floods the home through new skylights and expansive Anderson double-pane windows, highlighting the warm, inviting color palette and European white oak flooring. The gourmet kitchen features custom cabinetry, a Dekton island, Thermador appliances, and a walk-in pantry. The living room boasts a dramatic 7-layer chandelier, a double-sided linear fireplace, and accordion doors opening to the outdoors, perfect for entertaining. The elegant master suite offers soaring ceilings, dual closets (including a walk-in), and an en-suite bath with Italian and Spanish tiles, a stand-up shower, and a soaking tub illuminated by a crystal pendant light. Additional bedrooms are generously sized, with custom closets and spa-like en-suite or Jack-and-Jill bathrooms. Exterior Highlights An entertainer’s dream backyard featuring a resurfaced 6-foot-deep pool, fire pit lounge, custom BBQ area, and breathtaking views of the hills. Seamless indoor-outdoor flow through accordion and sliding doors. Redesigned hardscape and landscaping with elevated planters, custom lighting, and lush greenery. Modern Systems & Upgrades Extensive reconstruction from the studs with all-new plumbing, electrical, and framing. Two new AC units, tankless water heater, and built-in WiFi Bluetooth speakers. Advanced security systems, including cameras and exterior linear lighting. This is more than a home, it’s a blend of mid-century charm and contemporary sophistication, offering a lifestyle of unparalleled luxury.

Nearby schools

3/10
Tarzana Elementary School
Public,K-51.6mi
3/10
Vanalden Avenue Elementary School
Public,K-52.1mi
6/10
Newcastle Elementary School
Public,K-52.8mi
8/10
Lanai Road Elementary School
Public,K-53.0mi
6/10
Gaspar De Portola Middle School
Public,6-81.1mi
5/10
Woodland Hills Charter Academy
Public,6-82.8mi
5/10
William Mulholland Middle School
Public,6-83.5mi
3/10
William Mulholland Middle School
Public,6-83.6mi
4/10
Reseda Senior High School
Public,9-122.8mi
Condition Rating
Excellent

This property is described as an 'extraordinary REBUILT home' with a year built of 2024, indicating it is essentially brand new. The description explicitly states it was 'rebuilt from new framing' with 'all-new plumbing, electrical, and framing,' along with 'two new AC units' and a 'tankless water heater.' The kitchen features 'custom cabinetry, a Dekton island, Thermador appliances,' and the bathrooms boast 'Italian and Spanish tiles,' a stand-up shower, and a soaking tub. All these details, combined with 'European white oak flooring' and modern light fixtures, confirm that all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Reconstruction & Modern Systems: The property has been 'rebuilt from new framing' with 'all-new plumbing, electrical, and framing,' along with 'two new AC units, tankless water heater, and built-in WiFi Bluetooth speakers,' offering a virtually new home with modern efficiencies.
Luxury Interior Finishes & Design: Features include a 'gourmet kitchen with custom cabinetry, Dekton island, Thermador appliances,' 'European white oak flooring,' 'Italian and Spanish tiles,' and 'soaring 11.5-foot ceilings,' creating a sophisticated and high-end living environment.
Architectural Significance & Heritage: Masterfully rebuilt by developer Vida, the home preserves the 'iconic 1960s essence' of its original design by 'renowned mid-century architect Charles Dubois,' blending timeless architecture with contemporary luxury.
Exceptional Outdoor Entertainment Space: The 'entertainer’s dream backyard' boasts a 'resurfaced 6-foot-deep pool, fire pit lounge, custom BBQ area,' and 'breathtaking views of the hills,' complemented by 'seamless indoor-outdoor flow' via accordion doors.
Attractive Seller Financing Offer: The availability of 'SELLER FINANCING BUYING DOWN RATE 1-1.5 points' provides a significant financial incentive, potentially lowering the initial cost of ownership for prospective buyers.

Cons

Premium Pricing Relative to Market Data: The current list price of $3.289 million is notably higher than the property's estimated value ($3.066 million) and a recently sold, highly comparable rebuilt property nearby ($2.68 million), which may present a challenge in attracting immediate offers at asking.
Limited Specifics on Lot Utilization: While the backyard is an 'entertainer's dream,' the description lacks specific details on the overall usable space or unique features beyond the pool and BBQ, which could be important for buyers with specific outdoor needs (e.g., large lawn area, dedicated play zones).
Absence of Solar Energy Integration: Despite being a 'rebuilt' home with 'modern systems & upgrades' and a 2024 effective year built, there is no mention of solar panels, which is a common expectation for new luxury constructions in California aiming for maximum energy efficiency and reduced utility costs.

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