4901 Palo Drive, Tarzana, California 91356, Tarzana, 91356 - 4 bed, 3 bath

4901 Palo Drive, Tarzana, California 91356 home-pic-0
ACTIVE$2,249,999
4901 Palo Drive, Tarzana, California 91356
4Beds
3Baths
3,338Sqft
18,489Lot
Year Built
1953
Close
-
List price
$2.25M
Original List price
$2.35M
Price/Sqft
$674
HOA
-
Days on market
-
Sold On
-
MLS number
25518005
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.25M(67th), sqft - 3338(69th), beds - 4(50th), baths - 3(50th).

Welcome to 4901 Palo Dr., Tarzana, a stunning modern California ranch located south of the boulevard in one of the area's most prestigious neighborhoods. This 3,338 sq. ft. family home sits on a spacious lot just under a half-acre, offering both privacy and luxury with designer finishes throughout no expense spared. Step inside to discover an open-concept layout with oversized living spaces and bedrooms, designed for both comfort and entertaining. The custom chef's kitchen is a dream, featuring top-of-the-line Viking appliances, custom millwork, and quartz countertops perfect for cooking enthusiasts and family gatherings. The kitchen also includes a cozy breakfast table area, ideal for casual meals, while the formal dining area provides the perfect setting for more elegant entertaining. Off of the living room, you'll find a stylish bar, perfect for mixing drinks and hosting guests in a relaxed yet sophisticated setting. This home offers all of the modern amenities and designer finishes, while still maintaining a cozy, welcoming atmosphere perfect for family life. It features 3 spacious bedrooms, including a primary bedroom with a walk-in closet and a large, dreamy bathroom. Two of the bedrooms are en suite, each with their own private bathrooms, while the third bathroom is a full bathroom that serves the rest of the home. The property also includes a versatile bonus room that can serve as a guest room, home office, or media space. Expansive windows and high-end finishes create a seamless blend of sophistication and comfort. The large backyard offers endless possibilities whether you're playing with kids, barbecuing, entertaining under the stars, or simply enjoying the peaceful surroundings. The home is complemented by well-groomed pristine landscaping, adding to its appeal and charm. For added convenience, the home includes an attached large 2-car garage. Located in a prime Tarzana neighborhood, you're just minutes from high-end shopping, fine dining, top-rated schools, and scenic hiking trails. A true gem don't miss your chance to own this modern family masterpiece!

Nearby schools

3/10
Tarzana Elementary School
Public,K-51.3mi
3/10
Vanalden Avenue Elementary School
Public,K-51.7mi
6/10
Newcastle Elementary School
Public,K-52.8mi
8/10
Lanai Road Elementary School
Public,K-53.8mi
6/10
Gaspar De Portola Middle School
Public,6-81.1mi
5/10
Woodland Hills Charter Academy
Public,6-81.9mi
5/10
William Mulholland Middle School
Public,6-83.7mi
3/10
William Mulholland Middle School
Public,6-83.8mi
4/10
Reseda Senior High School
Public,9-122.6mi
Condition Rating
Excellent

Despite being built in 1953, the property has undergone an extensive, high-end renovation, as evidenced by the description and images. The custom chef's kitchen features top-of-the-line Viking appliances, custom millwork, and quartz countertops, all appearing brand new. The bathrooms are equally impressive with modern vanities, marble-look finishes, gold fixtures, and frameless glass showers. Throughout the home, there are new light-colored hardwood floors, contemporary light fixtures, and designer finishes, indicating that all components are virtually new and meet current quality standards with no deferred maintenance.
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 = 18489, living area = 3338.
Premium Location: Situated south of the boulevard in a prestigious Tarzana neighborhood, offering convenient access to high-end amenities, top schools, and recreational activities.
Luxury Renovation & Designer Finishes: Recently transformed into a 'stunning modern California ranch' with 'designer finishes throughout no expense spared,' including a custom chef's kitchen with top-of-the-line Viking appliances.
Spacious & Functional Interior: Features an open-concept layout with oversized living areas, 4 bedrooms (including 2 en-suites), and a versatile bonus room, catering to diverse family needs.
Expansive & Private Grounds: A generous, nearly half-acre lot with a large, well-groomed backyard provides ample space for privacy, outdoor living, and entertaining.
Entertainment-Ready Spaces: Includes a stylish bar off the living room and dedicated formal and casual dining areas, ideal for hosting guests and family gatherings.

Cons

Significant Overpricing: The current listing price is substantially above the property's estimated value and some comparable sales, potentially hindering market appeal and sale velocity.
Absence of Pool/Spa: Despite a large lot, the property lacks a pool or spa, a common and highly desired amenity in this price range and climate, especially when compared to several local comparable properties.
Unspecified HVAC/Energy Updates: While extensively renovated, the description does not detail modern HVAC systems (e.g., central AC) or energy-efficient upgrades like solar, which could be a concern for buyers given the 1953 build year and expected in a luxury modern home.

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