5030 Newcastle Avenue, Encino, California 91316, Encino, 91316 - 4 bed, 3 bath

5030 Newcastle Avenue, Encino, California 91316 home-pic-0
ACTIVE$1,725,000
5030 Newcastle Avenue, Encino, California 91316
4Beds
3Baths
1,899Sqft
5,953Lot

Price Vs. Estimate

The estimated value ($1,573,558.695) is $151,441.305 (8%) lower than the list price ($1,725,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Located in a desirable Encino neighborhood south of Ventura Boulevard, offering convenient access to dining, shopping, and entertainment.
Top Cons:
Lot Size: The lot size is relatively small at 5,953 sqft, which may limit outdoor space and potential for expansion.

Compared to the nearby listings

Price:$1.73M vs avg $1.47M (+$260,000)60%
Size:1,899 sqft vs avg 2,192 sqft43%
Price/sqft:$908 vs avg $74582%

More Insights

Built in 1948 (77 years old).
Condition: The property, built in 1948, has been remodeled. The listing mentions a remodeled kitchen with quartz countertops and stainless steel appliances, and the bathrooms appear updated in the images. The presence of solar panels, a Tesla charger, and a tankless water heater suggests recent upgrades to systems. While not brand new, the updates bring the property to a good condition, move-in ready with no immediate renovation required.
Year Built
1948
Close
-
List price
$1.73M
Original List price
$1.75M
Price/Sqft
$908
HOA
-
Days on market
-
Sold On
-
MLS number
SR25134965
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Prime Encino neighborhood south of Ventura Boulevard, this beautifully remodeled single-story home offers 5 bedrooms and 3 bathrooms, including two primary suites designed for ultimate comfort and privacy. A secure gated entrance leads to a private front yard adorned with stylish hardscaping, flourishing fruit trees, and ample parking for multiple vehicles. The open concept living area showcases new tile flooring that extends throughout the home, creating a seamless flow between spaces. Chef's kitchen featuring quartz countertops, custom soft-close cabinets, stainless steel appliances, and a built-in pantry. Step outside to your private oasis, complete with a heated pebble finished pool and spa perfect for relaxation and entertaining. The property is equipped with modern eco-friendly amenities, including solar panels, a Tesla charger, and a tankless water heater, ensuring energy efficiency and sustainability. Enjoy peace of mind with integrated security cameras, a Nest thermostat, and smart locks featuring facial recognition for enhanced security. This home offers unparalleled access to Encino's finest dining, shopping, and entertainment options, offering a lifestyle of comfort and convenience

Condition Rating
Good

The property, built in 1948, has been remodeled. The listing mentions a remodeled kitchen with quartz countertops and stainless steel appliances, and the bathrooms appear updated in the images. The presence of solar panels, a Tesla charger, and a tankless water heater suggests recent upgrades to systems. While not brand new, the updates bring the property to a good condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Prime Location: Located in a desirable Encino neighborhood south of Ventura Boulevard, offering convenient access to dining, shopping, and entertainment.
Remodeled Interior: The home features a beautifully remodeled interior with new tile flooring, quartz countertops, and custom soft-close cabinets.
Modern Amenities: Equipped with eco-friendly amenities such as solar panels, a Tesla charger, and a tankless water heater for energy efficiency.
Private Outdoor Oasis: The property includes a private front yard with hardscaping and fruit trees, along with a heated pebble finished pool and spa for relaxation and entertaining.
Enhanced Security: Features integrated security cameras, a Nest thermostat, and smart locks with facial recognition for enhanced security and peace of mind.

Cons

Lot Size: The lot size is relatively small at 5,953 sqft, which may limit outdoor space and potential for expansion.
Age of the Property: Built in 1948, the property may have underlying structural or system issues common in older homes, despite recent remodeling.
Reduced List Price: The property has experienced a recent price reduction, which could indicate challenges in attracting buyers at the original price point.

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