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16862 Balboa Ln, Lake Balboa, CA 91406

Sale Price: $880,000
Nov 25, 20242,065 sqft4 beds4 baths
Listed by: Sunny Narang
License #: 01966332
Phone #: 805-636-1024
Real Brokerage Technologies Inc
Source:
CRMLS Logo
MLS #: SR24237831

Property Description

Welcome to 16862 Balboa Ln in Lake Balboa, a luxurious retreat nestled in an exclusive gated community of just 10 homes. Built in 2016 and recently renovated, this stunning property offers 4 bedrooms, 3.5 bathrooms, and 2,065 square feet of thoughtfully designed living space. As you step inside, you’re greeted by fresh paint and modern upgrades that create a warm, contemporary ambiance. The kitchen features stainless steel appliances and strikes the perfect balance between style and practicality. The included washer and dryer add to the home’s everyday convenience. Each of the spacious bedrooms is crafted for maximum comfort and privacy, with the primary suite boasting a luxurious ensuite bathroom and ample closet space. New carpeting throughout the home enhances the cozy, welcoming feel of the living areas. Step out onto the living room balcony to enjoy the serene surroundings, an ideal spot for morning coffee or evening relaxation. The home also includes a direct access 2-car garage, providing secure parking and additional storage space for all your needs. Situated in this intimate gated community, 16862 Balboa Ln offers a unique sense of privacy and tranquility, making it the perfect escape from the fast pace of city life. Don’t miss the opportunity to make this exceptional property your own and enjoy a lifestyle of luxury and comfort!
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

$15,096

TurboHome Estimated Value

$942,700

$457 sqft

High Valuation
$989,835
$479/sqft
Normal Valuation
$942,700
$457/sqft
Low Valuation
$895,565
$434/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$457/sqft$942,700

Neighborhood: Reseda

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Comparative Value

$807K

$825K

$869K

$879K

$880K

7003 Rubio Ave, Van Nuys, CA 91406

Sale Price: $807,000

Selected Comparable

7461 Leescott Ave, Van Nuys, CA 91406

Sale Price: $825,000

Selected Comparable

16856 Balboa Ln, Lake Balboa, CA 91406

Sale Price: $869,000

Selected Comparable

16861 Balboa Ln, Lake Balboa, CA 91406

Sale Price: $870,000

Selected Comparable

16862 Balboa Ln, Lake Balboa, CA 91406

List Price: $879,000

Subject Property

16862 Balboa Ln, Lake Balboa, CA 91406

Sale Price: $880,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
16862 Balboa Ln, Lake Balboa, CA 91406

16862 Balboa Ln, Lake Balboa, CA 91406

List: $879,000

Listed: 11/25/2024

Area:2,065 sqft
Price/sqft:$426
Beds:4
Baths:4
Year Built:
Lot Size:2,542

Comparable Properties

COMPARABLE
Choose comps
16862 Balboa Ln, Lake Balboa, CA 91406

16862 Balboa Ln, Lake Balboa, CA 91406

Sale: $880,000

2/14/20250.00 mi

Area:2,065 sqft
Price/sqft:$426
Beds:4
Baths:4
Year Built:
Weight:23.0%
16861 Balboa Ln, Lake Balboa, CA 91406

16861 Balboa Ln, Lake Balboa, CA 91406

Sale: $870,000

3/27/20250.75 mi

Area:2,065 sqft
Price/sqft:$421
Beds:4
Baths:4
Year Built:
Weight:21.5%
16856 Balboa Ln, Lake Balboa, CA 91406

16856 Balboa Ln, Lake Balboa, CA 91406

Sale: $869,000

10/29/20240.77 mi

Area:2,065 sqft
Price/sqft:$421
Beds:4
Baths:4
Year Built:
Weight:20.5%
7461 Leescott Ave, Van Nuys, CA 91406

7461 Leescott Ave, Van Nuys, CA 91406

Sale: $825,000

1/17/20250.21 mi

Area:1,758 sqft
Price/sqft:$469
Beds:4
Baths:3
Year Built:
Weight:17.5%
7003 Rubio Ave, Van Nuys, CA 91406

7003 Rubio Ave, Van Nuys, CA 91406

Sale: $807,000

12/17/20240.73 mi

Area:1,952 sqft
Price/sqft:$413
Beds:4
Baths:3
Year Built:
Weight:17.4%

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