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About This Home

This 5-bedroom, 5-bathroom single family at 5255 Amestoy in Encino, CA is listed for $6,499,999 ($1,096 per sqft). Built in 1940, the home offers 5,928 sqft of living space on a 1.46 acres lot.

Agent Description

A truly rare offering in prestigious Amestoy Estates, this sprawling 1.5-acre ALL-FLAT corner lot presents one of the most exceptional development opportunities currently available in Encino. Surrounded by some of the area's most distinguished multi-million-dollar estates, this property offers endless possibilities for developers, investors, builders, and end-users seeking to create a legacy estate.

The existing residence features a flexible floor plan with a first-floor bedroom and three spacious upstairs bedrooms overlooking the expansive park-like grounds. In addition, the property includes a substantial detached 1,620-square-foot guest house with soaring ceilings, a private entrance, and tremendous potential for extended family, guests, a home office, wellness retreat, or income-producing opportunities.

What truly sets this property apart are the included plans for an approximately 28,000-square-foot luxury estate, offering buyers a significant head start toward creating a world-class custom residence. Buyers are advised to verify all plans, permits, development opportunities, and the potential for lot subdivision with the appropriate professionals and governmental agencies.

Whether your vision is a private family compound, a multi-generational estate, multiple luxury residences, or an unparalleled resort-style retreat complete with expansive outdoor amenities, sports courts, guest accommodations, and entertainment spaces, the possibilities are virtually limitless.

The property's flat topography, enormous frontage, and premier location provide an extraordinary canvas to bring your dream project to life. Ideally situated within walking distance to Ventura Boulevard's renowned dining, shopping, and entertainment, this is a once-in-a-generation opportunity to acquire one of Encino's most versatile and valuable development sites.

Key Features

  • Built in 1940
  • 1.46 acre lot
  • 2 stories
  • 3 parking spaces
  • Private pool

Property Details

2 stories
4 full, 1 half
3 spaces
1940

Amenities

PoolBasement

Monthly Cost Estimate

$34,763/mo

20% down · 6.5% · 30 years

Principal$4,701
Interest$28,167
Insurance$1,896

Estimates only. Actual payments may vary.

Location

5255 Amestoy

Encino, CA 91316

Features & Amenities

Interior Features

High CeilingsPantry

Exterior Features

PoolCommunity Features Included: Storm Drains0-1 Unit/Acre

Property Details

Flooring

CarpetTile

Heating

Central

Cooling

Central Air

Questions & Answers

This 5-bedroom, 5-bathroom single family at 5255 Amestoy is listed at $6,499,999 ($1,096/sqft). The estimated monthly payment is $28,167 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 1.46 acre lot, 2 stories, 3 parking spaces, Private pool. Interior Features: High Ceilings, Pantry. Exterior Features: Pool, Community Features Included: Storm Drains, 0-1 Unit/Acre.

This property is listed by Sahib Bhasin and can be reached at 8186067266 or info@bhasinsellsla.com.

SB

Sahib Bhasin

Agent at Pinnacle Estate Properties

(818) 606-7266

Listed by Pinnacle Estate Properties · View on Broker Site

MLS# SR26136809· Source: listhub· Updated 2 days ago

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5255 Amestoy, Encino, CA 91316

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