4729 Monarca Drive, Tarzana, California 91356, Tarzana, 91356 - 5 bed, 3 bath

4729 Monarca Drive, Tarzana, California 91356 home-pic-0
ACTIVE$2,925,000
4729 Monarca Drive, Tarzana, California 91356
5Beds
3Baths
3,016Sqft
18,536Lot
Year Built
1965
Close
-
List price
$2.92M
Original List price
$2.92M
Price/Sqft
$970
HOA
-
Days on market
-
Sold On
-
MLS number
25548767
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon
Pool
Spa
Patio
ViewCity Lights,Canyon

About this home

Possibly Over-Priced:The estimated price is 44% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.92M(85th), sqft - 3016(52th), beds - 5(64th), baths - 3(50th).

Welcome to this beautifully remodeled two-story luxury home in one of Tarzana's most coveted locations just south of Ventura Blvd. Surrounded by lush greenery, fruit trees, and incredible curb appeal, this home offers both privacy and charm. The attached garage even features a fully equipped EV charger for modern convenience. Step inside to a warm, inviting layout with a spacious open-concept living room and cozy fireplace perfect for relaxing or entertaining. The stunning chef's kitchen flows seamlessly into the elegant dining area, making everyday meals and dinner parties a joy. Out back, your own private oasis awaits! The newly redesigned patio and pool area offers resort-style vibes with plenty of space to lounge, host, and unwind. Beyond the pool, a large hillside plot with sweeping views of the valley and city lights invites endless possibilities, think ADU, vineyard, or even glamping under the stars. This slice of paradise blends luxury living with everyday comfort. Don't miss it!

Nearby schools

3/10
Tarzana Elementary School
Public,K-51.7mi
3/10
Vanalden Avenue Elementary School
Public,K-52.1mi
6/10
Newcastle Elementary School
Public,K-53.2mi
8/10
Lanai Road Elementary School
Public,K-54.0mi
6/10
Gaspar De Portola Middle School
Public,6-81.5mi
5/10
Woodland Hills Charter Academy
Public,6-81.8mi
5/10
William Mulholland Middle School
Public,6-84.1mi
3/10
William Mulholland Middle School
Public,6-84.2mi
4/10
Reseda Senior High School
Public,9-123.0mi
Condition Rating
Excellent

Despite being built in 1965, the property has been 'beautifully remodeled' and features a 'stunning chef's kitchen' and 'newly redesigned patio and pool area.' The images confirm a comprehensive, high-quality renovation with modern white cabinetry, waterfall island, new stainless steel appliances, contemporary light fixtures, light wood flooring, and updated bathrooms with new tiling and vanities. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18536, living area = 3016.
Extensive Remodel & Luxury Finishes: The property is described as a 'beautifully remodeled two-story luxury home,' suggesting high-quality updates and a premium living experience.
Prime South of Ventura Blvd Location: Situated in 'one of Tarzana's most coveted locations just south of Ventura Blvd,' offering desirability and potential for higher property values.
Resort-Style Outdoor Living & Pool: Features a 'newly redesigned patio and pool area' creating a 'private oasis' with 'resort-style vibes' perfect for entertaining and relaxation.
Expansive Lot with Development Potential & Views: A 'large hillside plot with sweeping views of the valley and city lights' offers 'endless possibilities' such as an ADU, vineyard, or glamping.
Modern Convenience & Curb Appeal: Includes a 'fully equipped EV charger' and boasts 'incredible curb appeal' with 'lush greenery' and 'fruit trees,' blending modern utility with aesthetic charm.

Cons

Age of Original Construction (1965): While remodeled, the 1965 build year could indicate older underlying infrastructure or less modern energy efficiency, potentially leading to higher utility bills or future upgrade costs.
Extensive Landscaping Maintenance: The 'lush greenery, fruit trees' and 'large hillside plot' suggest significant ongoing landscaping and garden maintenance requirements, which can be time-consuming and costly.
Absence of Mentioned Cooling System: The description highlights a 'cozy fireplace' but makes no mention of an air conditioning or cooling system, which could be a significant drawback in Tarzana's warm climate.

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