3554 Alginet Drive, Encino, California 91436, Encino, 91436 - 5 bed, 5 bath

3554 Alginet Drive, Encino, California 91436 home-pic-0
ACTIVE$2,440,000
3554 Alginet Drive, Encino, California 91436
5Beds
5Baths
2,900Sqft
8,810Lot
Year Built
1976
Close
-
List price
$2.44M
Original List price
$2.6M
Price/Sqft
$841
HOA
-
Days on market
-
Sold On
-
MLS number
SR25105234
Home ConditionExcellent
Features
Good View: Hills, Neighborhood, Valley, Trees/Woods
Patio
ViewHills, Neighborhood, Valley, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.44M(53th), sqft - 2900(44th), beds - 5(67th), baths - 5(66th).

Rare Assumable loan at 3.5%. Discover a stunning single-story gem nestled in the prestigious hills of Encino, where modern elegance meets unparalleled functionality. Remodeled in 2019, this meticulously designed 2,900-square-foot residence offers 5 spacious bedrooms and 4.5 luxurious bathrooms. Step through the welcoming entryway, where skylights and expansive windows bathe the home in natural light, framing breathtaking valley views. The open-concept design seamlessly connects the formal living room, dining area, and gourmet kitchen, creating an ideal space for both intimate gatherings and grand entertaining. The state-of-the-art kitchen boasts premium Viking and Thermador appliances, custom cabinetry, and generous counter space, inspiring culinary excellence. Effortlessly blending indoor and outdoor living, sliding glass doors open to a private backyard oasis. The spacious patio is perfect for al fresco dining, while the lush lawn provides a serene setting for relaxation or play. Whether hosting lively summer soirees or enjoying quiet evenings under the stars, this outdoor haven is both inviting and versatile. The primary suite is a tranquil retreat, featuring a generous walk-in closet and a spa-inspired bathroom with dual vanities, a soaking tub, and a sleek glass-enclosed shower. Located in the coveted South of the Boulevard area, this home is within the award-winning Lanai School District and just minutes from top private schools along the Mulholland corridor. With premier shopping, dining, and easy access to Westside and Valley. Don’t miss the opportunity to own a home that blends luxury with everyday practicality in one of Encino’s most sought-after neighborhoods.

Nearby schools

8/10
Lanai Road Elementary School
Public,K-51.0mi
9/10
Roscomare Road Elementary School
Public,K-52.2mi
9/10
Kester Avenue Elementary School
Public,K-53.2mi
6/10
Newcastle Elementary School
Public,K-54.1mi
5/10
Lemay Street Elementary School
Public,K-54.1mi
6/10
Lemay Street Elementary School
Public,K-54.2mi
5/10
Brentwood Science School
Public,K-56.0mi
6/10
Gaspar De Portola Middle School
Public,6-83.4mi
2/10
Van Nuys Middle School
Public,6-83.5mi
5/10
William Mulholland Middle School
Public,6-83.8mi
3/10
William Mulholland Middle School
Public,6-84.1mi
4/10
Reseda Senior High School
Public,9-124.3mi
6/10
Van Nuys Senior High School
Public,9-124.4mi
6/10
University Senior High School
Public,9-126.5mi
6/10
University Senior High School Charter
Public,9-126.5mi
Condition Rating
Excellent

This property was extensively remodeled in 2019, which falls within the 'extensively renovated within 5 years' criterion for an excellent rating. The images and description confirm a modern, high-end renovation, featuring a state-of-the-art kitchen with premium Viking and Thermador appliances, custom cabinetry, and luxurious, spa-inspired bathrooms with modern fixtures and finishes. Flooring appears to be updated throughout, and lighting is contemporary. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Roscomare Road Elementary School (9/10).
Assumable Loan: The property offers a rare and highly attractive assumable loan at 3.5%, providing a significant financial advantage to potential buyers.
Prime Location: Nestled in the prestigious hills of Encino, South of the Boulevard, within the award-winning Lanai School District, and offering easy access to the Westside and amenities.
Recent & Modern Remodel: Extensively remodeled in 2019, the residence boasts modern elegance, an open-concept design, and luxurious finishes throughout.
Gourmet Kitchen: The state-of-the-art kitchen features premium Viking and Thermador appliances, custom cabinetry, and generous counter space, ideal for culinary enthusiasts.
Views & Natural Light: Expansive windows and skylights bathe the home in natural light and frame breathtaking valley views, enhancing its aesthetic appeal.

Cons

Absence of Pool: Despite being described as a 'private backyard oasis,' the property does not appear to include a pool, which is a common amenity in comparable luxury homes in this area.
Unspecified Cooling System: The property description does not mention the presence of a cooling system (e.g., central air conditioning), which is a crucial comfort feature in Southern California's climate.
Listing Price Discrepancy: The current listing price of $2.44 million is significantly higher than the estimated property value of approximately $1.61 million, potentially indicating an overvaluation.

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