NOT LISTED FOR SALE

16026 Valley Meadow Place Encino, CA 91436

Estimated Value: $4,688,000 - $5,188,000

5 Beds
8 Baths
6,884 Sq Ft
$715/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $4,900,000 $712 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $29,734/month

184 Days on Market

Highlights

  • Gated with Attendant
  • Pool House
  • Panoramic View
  • Lanai Road Elementary Rated A
  • Gated Parking
  • Conservatory Room

About This Home

As of June 2024

Experience the epitome of luxury where the charm of the South of France meets the grandeur of Southern California in this 5-bedroom, 8-bathroom masterpiece. Nestled in the exclusive Royal Oaks area of Encino, this custom-built family home is just moments away from the finest dining, shopping, and entertainment on both the San Fernando Valley and the Westside of LA. Welcome to The Colony, a gated enclave of 50 homes accessible through a 24-hour guard-gated entrance. Beyond the guard, you'll find the residence with its private gated drive and motor court. The main level boasts a grand entry gallery, a Living room with a conversation area and sunken bar, a formal Dining room, a Kitchen with a center Island, and panoramic kitchen window that over looks the pool andgarden. Additionally, there's a family room, two powder baths for guests, and an en-suite bedroom.The upper level features 4 en-suite bedrooms, a sitting room/play area (currently a gym). The Primary bedroom suite has romantic views from the balcony. The recently redone primary bath showcases fine wood cabinetry, beautiful hardware, a soaking tub, and a double stall shower. Dual walk-in closets complete the main bedroom suite. Beyond this, a private stairway leads to a separate guest suite-ideal for a 6th bedroom, in-law suite, media room, home office, or professional gym. The estate grounds offer a stunning swimmers pool, a stone pool pavilion with a fireplace, outdoor BBQ kitchen, and bar. Craftsmanship shines through rich woodwork, wrought iron, beveled windows, and hand-made roof tiles. Privacy abounds and an exceptional home awaits!

Last Agent to Sell the Property

Jane Siegal

Coldwell Banker Realty License #00793259 Listed on: 11/01/2023

Coldwell Banker Realty

Co-Listed By

Paul Kellogg

Coldwell Banker Realty License #01212345

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,250

Year Built

  • Built in 1991

Lot Details

  • 0.45 Acre Lot
  • Property is zoned LARE15

HOA Fees

  • $1,250 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Property Views

  • Panoramic
  • Hills
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,884 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den
  • Conservatory Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool House
  • Cabana
  • In Ground Pool

Additional Features

  • Covered Patio or Porch
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 2286-024-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,250

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,250 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: The Colony Royal Oaks
  • Living Area: 6884
  • Lot Acreage: 0.4477
  • Stories: 2
  • Year Built: 1991
  • Number Of Photos: 59
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Family Room, Master Bedroom, Patio
  • Flooring: Hardwood, Stone Tile, Cement
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Dishwasher, Built-Ins, Dryer, Washer, Refrigerator, Alarm System, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan
  • Price Per S Q F T: 798.81

Exterior Features

  • Other Structures: Pool House
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Green Belt, Panoramic, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Driveway, Direct Entrance, Door Opener, Garage Is Attached, Gated
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Forced Air
  • Security: Gated Community with Guard

Association/Amenities

  • Amenities: Gated Community Guard

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1250.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2286-024-020
  • Lot Size Area: 19500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jun 11, 2024
Sold by
Fenster Family Trust and Fenster Fred
Bought by
V Holdings Inc
Seller's Agent
Jane Siegal
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$6,350,000
Sold Price
$4,900,000
Premium/Discount to List
-$1,450,000
-22.83%
Views
336
Current Estimated Value
$4,924,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,728
Avg. Annual Appreciation
0.39%

Purchase Details

Closed on
Nov 10, 2006
Sold by
Fenster Fred and Fenster Jennifer
Bought by
Fenster Fred and Fenster Jennifer E

Purchase Details

Closed on
Oct 14, 2002
Sold by
Fenster Fred and Fenster Jennifer
Bought by
Fenster Fred and Fenster Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.06%

Purchase Details

Closed on
Sep 21, 2000
Sold by
Family Trust Fenster Fred And Jennifer Trs Fe
Bought by
Fenster Fred and Fenster Jennifer

Purchase Details

Closed on
Jun 10, 1998
Sold by
Fenster Fred and Fenster Jennifer
Bought by
The Fenster Family Trust

Purchase Details

Closed on
Mar 4, 1998
Sold by
Family Trust Fenster Fred And Jennifer Trs Fe
Bought by
Fenster Fred and Fenster Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,800
Interest Rate
6.75%

Purchase Details

Closed on
Sep 26, 1993
Sold by
Fenster Fred and Fenster Jennifer
Bought by
Fenster Fred and Fenster Jennifer
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
V Holdings Inc $4,900,000 Equity Title - Los Angeles
Fenster Fred -- None Available
Fenster Fred -- None Available
Fenster Fred -- Gateway Title Company
Fenster Fred -- Old Republic Title Company
The Fenster Family Trust -- --
Fenster Fred -- --
Fenster Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fenster Fred $416,000
Previous Owner Fenster Fred $441,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $4,900,000 -10.9% $712 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $5,499,000 -6.0% $799 / Sq Ft
11/16/2023 11/16/23 Price Changed $5,850,000 -7.9% $850 / Sq Ft
11/01/2023 11/01/23 For Sale $6,350,000 -- $922 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,250 $4,998,000 $2,499,000 $2,499,000
2024 $27,250 $2,205,365 $873,899 $1,331,466
2023 $26,725 $2,162,123 $856,764 $1,305,359
2022 $25,508 $2,119,729 $839,965 $1,279,764
2021 $25,172 $2,078,167 $823,496 $1,254,671
2019 $24,420 $2,016,529 $799,072 $1,217,457
2018 $24,203 $1,976,990 $783,404 $1,193,586
2016 $23,084 $1,900,224 $752,985 $1,147,239
2015 $22,746 $1,871,682 $741,675 $1,130,007
2014 $22,818 $1,835,019 $727,147 $1,107,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-316383

The MLS

APN: 2286-024-020