4700 Balboa Ave Encino, CA 91316
Estimated payment $34,845/month
Highlights
- Art Studio
- Automatic Gate
- 1.27 Acre Lot
- Gaspar De Portola Middle School Rated A-
- Views of Trees
- Contemporary Architecture
About This Home
Welcome to this reimagined custom built European Villa with stunning views and magnificent sunsets is set back from the street up an approx 500' drive and set on its own private hilltop knoll. This rural country lane cul-de-sac is the site of many celebrity owned estates and offers a peaceful feeling of living in the countryside yet minutes from legendary Ventura Blvd shopping, restaurants and commuter routes. As you pass through the grand entrance gates, you enter a private world class sanctuary of mature trees set on an incomparable 1.27 acre lot where the possibilities are only limited by your own imagination. This handcrafted original owner's legacy estate welcomes you as you pass the olive grove and arrive to a 25 car motor court that could be the future sight of paddle/tennis courts, sports courts, soccer field and more! An oversized 3-car garage with stone arch accents as well as a multi-car porte-cochere welcomes both the homeowners and their lucky guests. The grand foyer w/ fireplace & soaring ceilings sets the stage for the architectural magnificence that awaits. Hand hewn wide plank solid walnut floors flow through most rooms in the home. A true executive home office will make you never want to leave. The stately art gallery hallway is approx. 120-ft of space that has walls of glass bringing natural light and greenery into view. A banquet-sized formal dining room caters to both large scale events as well as intimate family occasions. The chef's kitchen offers granite counters, stone tile floors and a suite of professional stainless appliances opening to a breakfast room rotunda and the outdoor living dining patio beyond. Additional entertaining spaces include a vaulted ceiling den with fireplace perfect for a library or game room. The adjacent media room is both a family/screening room as well as a bar room area opening to the patio. There are 2 generous sized en suite bedrooms on this level with separate entrances. The penthouse primary suite is truly the crowning glory of the home with an additional art gallery hallway and endless views over the Valley, treetops and mountains beyond. The main bedroom area is flanked by a sitting room/additional office space, dual baths (one w mosaic tile and the other with white Calcutta marble) 2 massive movie star worthy closets and a generous home gym that could be future additional bedroom space. There is an elevator that serves the main and penthouse levels as well as the garage and home office level. The lower level home office space has been the site of a successful business for approx. 17 years and offers approx 1,700 sq ft of limitless options. Future kids fun zone, screening room, additional bedroom space, etc. Currently there is a service kitchen, bathroom and 2 enclosed office spaces with its own entrance. The property even has its own fire hydrant! This one-of-a-kind custom Villa is ready for its next privileged owner to move in and experience what The Good Life truly means. Celebrate your success, good fortune, family & friends at this legendary estate that has been the site of numerous Hollywood parties and adventures and now awaits a new steward to usher in a new era of fame and fortune and tranquility.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 07/31/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,861
Year Built
- Built in 2008
Lot Details
- 1.27 Acre Lot
- Lot Dimensions are 158x350
- Property is zoned LARA
Property Views
- Trees
- Hills
Home Design
- Contemporary Architecture
Interior Spaces
- 9,409 Sq Ft Home
- 3-Story Property
- Elevator
- Wet Bar
- Bar
- Vaulted Ceiling
- Recessed Lighting
- Living Room
- Den with Fireplace
- 2 Fireplaces
- Bonus Room
- Art Studio
- Alarm System
- Laundry Room
- Basement
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Ice Maker
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Parking
- 25 Parking Spaces
- Porte-Cochere
- Private Parking
- Driveway
- Automatic Gate
- Guest Parking
Outdoor Features
- Balcony
- Open Patio
Utilities
- Zoned Heating and Cooling
Community Details
- No Home Owners Association
- Card Room
Listing and Financial Details
- Assessor Parcel Number 2289-017-022
Map
Home Values in the Area
Average Home Value in this Area
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 | $34,861 | $2,865,503 | $1,158,760 | $1,706,743 |
| 2024 | $34,861 | $2,809,318 | $1,136,040 | $1,673,278 |
| 2023 | $34,192 | $2,754,234 | $1,113,765 | $1,640,469 |
| 2022 | $32,616 | $2,700,230 | $1,091,927 | $1,608,303 |
| 2021 | $32,192 | $2,647,285 | $1,070,517 | $1,576,768 |
| 2019 | $31,235 | $2,568,767 | $1,038,766 | $1,530,001 |
| 2018 | $30,821 | $2,518,400 | $1,018,399 | $1,500,001 |
| 2016 | $29,420 | $2,420,609 | $978,854 | $1,441,755 |
| 2015 | $28,990 | $2,384,250 | $964,151 | $1,420,099 |
| 2014 | $29,092 | $2,337,547 | $945,265 | $1,392,282 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $5,995,000 | -- | $637 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $769,000 | Equity Title Company | |
| Grant Deed | $600,000 | Provident Title | |
| Interfamily Deed Transfer | -- | First American | |
| Grant Deed | $538,500 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $500,000 | Stand Alone Second | |
| Open | $2,700,000 | Construction | |
| Closed | $350,000 | Unknown | |
| Closed | $615,200 | No Value Available | |
| Previous Owner | $20,000 | Unknown | |
| Previous Owner | $450,000 | No Value Available | |
| Previous Owner | $376,950 | No Value Available |
Source: The MLS
MLS Number: 25554591
APN: 2289-017-022
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