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5114 Avenida Hacienda, Tarzana, CA 91356

Sale Price: $2,560,000
Aug 21, 20242,185 sqft3 beds3 baths
Listed by: Andrew Spitz
License #: 00924610
Phone #: 818-453-9119
Christie's Int. R.E SoCal
Source:
CRMLS Logo
MLS #: SR24173805

Property Description

Attention Builders!! Rare opportunity to develop a 38,769 sqft lot. The generously sized lot offers incredible flat land - providing ample space for a variety of architectural styles and landscaping designs. The possibilities are endless. From a design perspective, the property's expansive size allows for creative freedom in layout. Imagine a stately single-story residence with multiple structures incorporating features such as a spacious outdoor living area, private pool, sports court, and a garage that stores 10+ cars. The large footprint also supports the inclusion of lush, landscaped gardens and perhaps even a small vineyard or orchard, creating a truly personalized living environment. In addition to its practical advantages, the property's gated and private nature fosters a sense of safety, making it ideal for individuals who value discretion and security. Embrace the potential of this exceptional property and turn your dreams into reality on a lot that offers both grandeur and intimacy. Your future begins here in a place where the possibilities are as vast as the lot itself.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$44,934

TurboHome Estimated Value

$2,695,300

$1,234 sqft

High Valuation
$2,830,065
$1295/sqft
Normal Valuation
$2,695,300
$1234/sqft
Low Valuation
$2,560,535
$1172/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1234/sqft$2,695,300

Neighborhood: Encino

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Comparative Value

$1.80M

$2.10M

$2.30M

$2.40M

$2.56M

$2.80M

18001 Boris Dr, Encino, CA 91316

Sale Price: $1,799,000

Selected Comparable

17719 Royce Dr W, Encino, CA 91316

Sale Price: $2,100,000

Selected Comparable

17949 Karen Dr, Encino, CA 91316

Sale Price: $2,300,000

Selected Comparable

5114 Avenida Hacienda, Tarzana, CA 91356

List Price: $2,395,000

Subject Property

5114 Avenida Hacienda, Tarzana, CA 91356

Sale Price: $2,560,000

Selected Comparable

18319 Karen Dr, Tarzana, CA 91356

Sale Price: $2,800,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5114 Avenida Hacienda, Tarzana, CA 91356

5114 Avenida Hacienda, Tarzana, CA 91356

List: $2,395,000

Listed: 8/21/2024

Area:2,185 sqft
Price/sqft:$1,096
Beds:3
Baths:3
Year Built:
Lot Size:38,769

Comparable Properties

COMPARABLE
Choose comps
5114 Avenida Hacienda, Tarzana, CA 91356

5114 Avenida Hacienda, Tarzana, CA 91356

Sale: $2,560,000

9/27/20240.00 mi

Area:2,185 sqft
Price/sqft:$1,172
Beds:3
Baths:3
Year Built:
Weight:23.3%
17949 Karen Dr, Encino, CA 91316

17949 Karen Dr, Encino, CA 91316

Sale: $2,300,000

6/9/20250.78 mi

Area:2,386 sqft
Price/sqft:$964
Beds:3
Baths:3
Year Built:
Weight:21.8%
18001 Boris Dr, Encino, CA 91316

18001 Boris Dr, Encino, CA 91316

Sale: $1,799,000

4/11/20250.85 mi

Area:2,233 sqft
Price/sqft:$806
Beds:4
Baths:3
Year Built:
Weight:18.5%
18319 Karen Dr, Tarzana, CA 91356

18319 Karen Dr, Tarzana, CA 91356

Sale: $2,800,000

5/30/20250.88 mi

Area:2,300 sqft
Price/sqft:$1,217
Beds:4
Baths:3
Year Built:
Weight:18.3%
17719 Royce Dr W, Encino, CA 91316

17719 Royce Dr W, Encino, CA 91316

Sale: $2,100,000

6/17/20250.83 mi

Area:2,570 sqft
Price/sqft:$817
Beds:3
Baths:4
Year Built:
Weight:18.2%

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