1517 Olive Lane
La Canada Flintridge, CA, 91011
$5,749,000
MLS: P1-27954
Beds
7
Baths
6
Sq Ft
6,561
Lot
0.77 ac
Year Built
1998
MLS #
P1-27954
Days on Market
23
Listed
Jul 10, 2026
Description
Set behind elegant wrought-iron gates in La Canada Flintridge, this extraordinary Mediterranean estate blends timeless architecture with exceptional craftsmanship & resort-inspired living. Lush landscaping, manicured lawns, flower-filled balconies & a welcoming front courtyard create an unforgettable first impression. A striking wrought-iron & glass entry opens to a dramatic foyer with soaring ceilings, rich hardwood floors, a sweeping staircase & a statement chandelier. The formal living room has vaulted wood-beamed ceilings & a statement fireplace, while the dining room features French doors to a front patio space & at the heart of the home, the family room features box-beamed ceilings, a corner stone fireplace, custom media cabinetry & seamless access to the chef's kitchen. The kitchen offers stone countertops, an oversized island, illuminated custom cabinetry, Sub-Zero integrated refrigeration, double ovens, a 5-burner gas cooktop & a breakfast nook overlooking the backyard. Completing the main level are an executive office with custom millwork & 2 guest bedrooms, including a private ensuite. The backyard is a true private resort. A covered outdoor pavilion with built-in heaters, ceiling fans & a BBQ island with sink, overlooks the pool & elevated spa, complete with cascading waterfalls, a hidden grotto, waterslide & outdoor shower. Multiple entertaining patios, an outdoor fireplace, sports court, fountain, mature landscaping, trampoline & a charming treehouse nestled among towering pines create an unforgettable outdoor setting. Additional amenities include an expansive game room with a bar & adjoining playroom, a dedicated home theater with reclining seating & surround sound, plus a separate craft studio. Upstairs, the spacious bedrooms include Jack-and-Jill suites with balcony access & an additional ensuite bedroom. The luxurious primary retreat features its own fireplace, private balcony, tray ceilings, a spa-inspired bath with dual vanities, soaking tub, oversized walk-in shower & an expansive walk-in closet. Completing the estate are an attached finished 3-car garage, a detached finished 2-car garage & a beautifully appointed 1-bedroom guest house with a full kitchen, 3/4 bath & loft. Located within La Canada Flintridge's award-winning school district & moments from premier shopping, dining, hiking trails & country clubs, this exceptional home offers luxury, privacy & resort-style living in one of Southern California's most desired communities.
Location
La Canada Flintridge, Los Angeles County, CA 91011
Open on Google Maps ↗Listed by: Jason Berns · Keller Williams Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$41,695
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $574,900 · Loan: $5,174,100
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $33,250
- Property tax (1.25%)
- $5,989
- Homeowners insurance
- $300
- Mortgage insurance
- $2,156
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this La Canada Flintridge home with as little as 3.5% down using an FHA loan — roughly $201,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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