$2,575,000
Original list price: $2,650,000
MLS: 26835603
Beds
3
Baths
2
Sq Ft
2,260
Lot
0.99 ac
Year Built
1939
MLS #
26835603
Days on Market
76
Listed
May 18, 2026
Description
MOTIVATED SELLER. Rare development opportunity in the prestigious Amestoy Estates of Encino. Situated on nearly one acre of flat land spanning approximately 43,037 SF, this gated property offers exceptional potential to build, expand, or reimagine a luxury estate in one of Encino's most sought-after neighborhoods.Previously approved plans and permits allowed for the development of an approximately 9,000 SF residence, presenting an incredible opportunity for developers, investors, or end users looking to create a custom dream compound. Surrounded by multi-million-dollar estates with nearby sales ranging from $6M to $8M+, the possibilities are endless.A gated entrance and over 20-foot-wide private driveway provide privacy and a grand sense of arrival. The existing approximately 2,200 SF Mediterranean-style home features vaulted ceilings and a chef's kitchen, offering immediate value as a guest house, ADU, rental opportunity, or temporary residence during future development.The expansive grounds are ideal for creating a true resort-style retreat with room for a pool, spa, tennis or pickleball court, outdoor entertaining areas, guest accommodations, and more. Conveniently located near highly regarded schools including the Academy of Enriched Sciences and Westmark School.An exceptional opportunity to bring your vision to life at 5457 Encino Ave.
Location
Encino, Los Angeles County, CA 91316
Open on Google Maps ↗Listed by: Daniel Dahan · Wolf Luxury Estates
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
$18,841
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $257,500 · Loan: $2,317,500
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $14,893
- Property tax (1.25%)
- $2,682
- Homeowners insurance
- $300
- Mortgage insurance
- $966
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 Encino home with as little as 3.5% down using an FHA loan — roughly $90,125 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
See Encino, CA 91316 market trends →
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
Only large teams outsell Mike Watson · Keller Williams Realty
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