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4640 Petit Ave, Encino, CA 91436

Sale Price: $14,500,000
Oct 7, 202412,034 sqft6 beds10 baths
License #: 01825849
Phone #: 424-230-3700
The Agency
Source:
CRMLS Logo
MLS #: 24449941

Property Description

Step into a league of your own at 4640 Petit Ave, where unmatched luxury collides on a sprawling 1.2-acre estate in the prestigious Encino Hills. Positioned on completely flat, fully usable landan ultra-rare findthis 12,034 sq. ft. architectural marvel is designed for the professional who demands it all. Unlike hillside properties, this estate's flat terrain maximizes every square foot of its 1.2 acres, allowing for vast indoor and outdoor entertaining spaces, a full-size basketball court, staff parking, and a resort-style zero edge pool. More space, more exclusivity, and more freedom to live large and entertain on a scale that few can even dream of. This isn't just a home; it's your personal paradise, where boundaries are pushed, and limits don't exist.From the moment you arrive, the property's grandeur takes your breath away. The grand driveway, lined with 13 towering palm trees, welcomes you to a home that offers endless opportunities for both indoor and outdoor enjoyment. This home features 12-foot pocket doors to a lush, resort-like backyard all surrounded by flat, beautifully landscaped grounds. The gourmet kitchen and butler's kitchen, equipped with top-of-the-line Miele appliances and dual islands, is an entertainer's dream. Whether you're hosting casual gatherings or formal dinner parties, this kitchen offers both the space and functionality to handle it all.Meticulously designed by a renowned professional design team who crafted every detail with timeless elegance in mind the home embraces a palette of earthy, natural tones that exude sophistication and warmthcolors and materials chosen to endure the test of time. For the ultimate hangout spot, the full game bar is equipped with four mounted TVs, so you and your friends will never miss a game. Whether you're enjoying drinks, catching a big sporting event, or hosting a poker night, this bar is built for serious fun. And for those who love to stay active, the front yard boasts a full-size basketball court, complete with Kobe Bryant logos, providing the perfect space to shoot hoops, host friendly games, or unwind with the guys.One of the home's most unique and stunning features is the majestic olive tree, an impressive centerpiece that brings a touch of nature right into the core of your living space. This natural element enhances the indoor-outdoor connection and adds an elegant, timeless touch to the home's design. And it doesn't stop there. Car enthusiasts will be captivated by the parking showroom, complete with sleek epoxy flooring.4640 Petit Ave is more than just a homeit's a statement of prestige, space, and lifestyle for those who demand the best. With its expansive flat acreage, state-of-the-art amenities, and timeless design, this estate offers an extraordinary opportunity to live, entertain, and enjoy life on a scale few can match.
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

$231,084

TurboHome Estimated Value

$15,200,300

$1,263 sqft

High Valuation
$15,960,315
$1326/sqft
Normal Valuation
$15,200,300
$1263/sqft
Low Valuation
$14,440,285
$1200/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1263/sqft$15,200,300

Neighborhood: Encino

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Comparative Value

$11.63M

$14.50M

$14.99M

4425 Haskell Ave, Encino, CA 91436

Sale Price: $11,625,000

Selected Comparable

4640 Petit Ave, Encino, CA 91436

Sale Price: $14,500,000

Selected Comparable

4640 Petit Ave, Encino, CA 91436

List Price: $14,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4640 Petit Ave, Encino, CA 91436

4640 Petit Ave, Encino, CA 91436

List: $14,995,000

Listed: 10/7/2024

Area:12,034 sqft
Price/sqft:$1,246
Beds:6
Baths:10
Year Built:
Lot Size:49,378

Comparable Properties

COMPARABLE
Choose comps
4640 Petit Ave, Encino, CA 91436

4640 Petit Ave, Encino, CA 91436

Sale: $14,500,000

12/13/20240.00 mi

Area:12,034 sqft
Price/sqft:$1,205
Beds:6
Baths:10
Year Built:
Weight:60.5%
4425 Haskell Ave, Encino, CA 91436

4425 Haskell Ave, Encino, CA 91436

Sale: $11,625,000

9/11/20241.23 mi

Area:13,103 sqft
Price/sqft:$887
Beds:7
Baths:10
Year Built:
Weight:39.5%

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