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3516 Terrace View Drive, Encino, CA 91436

$4.00M5bd · 5ba · 4,091 sqft
Lot 10,021 sqft•Single Family Residence•
Active
•21d on market•MLS# SR-26206004

Property Description

Privately positioned at the end of a quiet cul-de-sac in coveted Encino Hills, this beautifully remodeled residence offers refined California living. Set on a 10,012-square-foot lot with over 4,100 square feet of living space, the home has been extensively enhanced by the current owners, with nearly $250,000 invested in improvements since purchase. The resort-inspired backyard features a sparkling pool and spa, lush landscaping, generous entertaining spaces, and breathtaking views. The sophisticated floor plan includes five bedrooms, office, family room, formal dining, and an expansive living room with fireplace and seamless outdoor access. The chef’s kitchen boasts a large island, quartz countertops, Sub-Zero refrigeration, and Wolf range with double ovens. The luxurious primary suite features a fireplace, sitting area, custom designer closet, and spa-inspired bath. Additional highlights include Fleetwood doors, Control4 smart-home technology, Tesla EV charger, whole-home surround sound, and numerous upgrades throughout. Located in the prestigious Lanai District, near Mulholland and minutes from the Westside, this exceptional Encino Hills retreat offers privacy, sophistication, and an elevated Southern California lifestyle.

Features & Amenities

FeeBuilt 1963

Property Details

Land Type
Fee
Year Built
1963
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s), Trees/Woods
City
Encino
Zip Code
91436
County
Los Angeles
Listed byEquity Union, Dennis Chernov

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,226.17
Principal & Interest
Loan Amount
$3,199,999
Total Interest
$4,081,422
Total Payment Over 30 Years
$7,281,421
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

3516 Terrace View Drive, Encino, CA 91436

Encino · Single Family Residence

$4.00M
Luxury Tier
Beds
5
Baths
5
Sqft
4,091
Lot
10,021 sqft
Year
1963
$/Sqft
$978
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 62.3% above the median closed sale of $2,465,000. Price per sqft ($978) is a 46% premium to closed comps ($671). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.00M· $978/sqft
Total list price
Closed comps
vs closed median $2.46M
+$1.53M (+62.3%)
Active comps
vs active median $2.95M
+$1.05M (+35.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $816
+$162 (+19.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
17977 Medley DriveEncino1972464,08416,681$1,077$4.40M9573
16457 Marbro DriveEncino1961453,81111,542$786$3.00M4771
15916 Daniel LaneEncino1989553,72011,273$724$2.69M7270
4819 Genesta AvenueEncino2026553,8508,096$766$2.95M10867
4981 Noeline AvenueEncino1950443,40610,246$727$2.48M13167
Total: 5 · Average4.45.03,774.211,567.6$816$3.10M90.6
Median3,811$2.95M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16935 Esquira PlEncino196207/10/2026553,77517,124$3.45M$3.20M$8480.937675
16214 Morrison StreetEncino195209/15/2026553,7439,128$2.25M$2.17M$5780.966073
4526 Gloria AvenueEncino198909/03/2026554,1508,629$2.00M$1.75M$4220.888372
15719 Hartsook StreetEncino195106/26/2026453,4289,820$2.73M$2.73M$7951.0010670
17650 Royce DriveEncino198809/01/2026553,46710,356$2.50M$2.46M$7110.994769
Total: 5 · Average4.85.03,712.611,011.4$2.46M$2.46M$670.8—74.4
Median3,743$2.46M$2.46M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.