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5309 Louise Avenue, Encino, California 91316, Encino, 91316 - 5 bed, 5 bath

5309 Louise Avenue, Encino, California 91316 home-pic-0
ACTIVE$3,780,000
5309 Louise Avenue, Encino, California 91316
5Beds
5Baths
5,150Sqft
20,024Lot
Year Built
2001
Close
-
List price
$3.78M
Original List price
$4.09M
Price/Sqft
$734
HOA
-
Days on market
-
Sold On
-
MLS number
25508257
Home ConditionGood
Features
Deck
Pool
Spa
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.78M(86th), sqft - 5150(84th), beds - 5(72th), baths - 5(72th).

Discover timeless Mediterranean charm in the heart of Encino's prestigious Amestoy Estates. This private, gated estate sits on a sprawling 20,000 sqft lot, offering elegance, space, and tranquility and an opportunity to make it your own. Included: plans for a 1,200 sqft ADU. A cobblestone motor court welcomes you to a home where classic wood floors, sunlit living spaces, and refined architectural details create a warm yet sophisticated ambiance. The gourmet kitchen is designed for both function and style, featuring an oversized island, premium appliances, and a butler's pantry. The primary suite offers a private balcony, spa-like bath, and generous closet space. Outdoors, mature landscaping, a serene pool, covered patio, and outdoor fireplace set the stage for both grand entertaining and quiet relaxation. Located just moments from Ventura Boulevard's dining, shopping, and top-rated schools, this estate is a rare opportunity to own a piece of classic Encino luxury.

Condition Rating
Good
Built in 2001, this property is 23 years old, placing it slightly outside the 'Good' category based solely on age. However, the images and description clearly indicate significant and recent updates, particularly in the kitchen and bathrooms. The gourmet kitchen features premium, modern stainless steel appliances, contemporary two-tone cabinetry, and stylish countertops and backsplash. The bathrooms also appear updated with modern vanities and fixtures. The flooring (hardwood and large format tile) is in excellent condition, and the overall interior is bright, clean, and move-in ready. While the listing notes an 'opportunity to make it your own' and mentions the age of core systems as a potential weakness, the visible areas are well-maintained and aesthetically pleasing, suggesting extensive renovations within the last 5-15 years. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and updated components, even if not a full recent renovation.
Pros & Cons

Pros

Prime Location & Prestige: Situated in Encino's prestigious Amestoy Estates, offering proximity to Ventura Boulevard's amenities and top-rated schools.
Expansive & Private Grounds: A private, gated estate on a sprawling 20,000 sqft lot with mature landscaping, providing elegance, space, and tranquility.
ADU Development Potential: Includes approved plans for a 1,200 sqft ADU, presenting a significant opportunity for added value, rental income, or extended family living.
Luxurious Interior & Gourmet Kitchen: Features classic wood floors, refined architectural details, a gourmet kitchen with an oversized island, premium appliances, and a butler's pantry.
Resort-Style Outdoor Living: Boasts a serene pool, covered patio, and outdoor fireplace, perfect for grand entertaining and quiet relaxation.

Cons

Significant Price Discrepancy: The current list price of $3.78M is considerably higher than the property's estimated value of $3.12M, suggesting it may be overpriced relative to current market data.
Potential for Personalization/Updates: The description highlights 'an opportunity to make it your own,' which may indicate that while well-maintained, some buyers might desire further investment for modernization or personalization to align with contemporary luxury standards.
Age of Core Systems: Built in 2001, the property's core systems (e.g., HVAC, plumbing, electrical) are over two decades old, potentially requiring future maintenance or upgrades that newer luxury homes might not need.

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