#SR25005112, Michael Rescigno, Listing Office: Berkshire Hathaway HomeServices California Properties
#SR24218496·
Listing Office: Rodeo Realty·
Listing Agent: Poupee Komenkul·
Listing Office Phone: 818-482-0085
$6,450,000 List price
4700 Balboa Ave Encino, CA 91316
5 beds
5 full, 3 partial
9,211 sqft
1.3 acres
$700 / sqft
House
Property details
About 4700 Balboa Ave
The Most Exquisite Italian Villa on the Hilla..Celebrity-owned haven situated just S. of Ventura in a Beautiful Encino Enclave, yet you feel worlds away when you are HOME! One of a kind custom-built Home embodies luxury & elegance. Private, secluded, cul-de-sac lot & tucked away, remaining entirely hidden from view from Balboa! over 9000 SQFT on 1.27 ACRE Estate, for LAND VALUE alone in this part of Encino, it’s a steal. 2 independent appraisals completed October 2024, in hand @ $7.5M+.Long driveway leads to Double Gates ensuring security & safety to an entertainer’s dream. If you manifested walking a flight of stairs to your office, here’s your dream come true! 1,549 sq. ft. of PROFESSIONAL office space (BIG tax benefit), equipped w/kitchen, bath, 2 private offices & production office, perfect as recording studio, podcast space or writing hub! Separate entrance for staff & clients. Here’s the KICKER! 25 space parking lot! YES, parking for 25+ cars…ideal for Staff parking or hosting grand events! Every detail of this estate embodies old-world charm & elegance, w/country stonework, mature olive trees & layered architectural design throughout. Double Door Entry to towering intricate ceilings of grand foyer. Walk down the ‘red carpet’ on the longest grandest hallway in the valley! Relax in the library accented by gorgeous Pella Doors overlooking an Italian café scene! Stroll to the guest bath where there's a surprise from Marilyn Monroe! Sip cocktails on one of the inviting loggias, or host parties in the formal dining room, which features service passage for staff. Entertain guests in the cabaret theater, complete with an elevated stage, serve drinks from and-carved historic bar! Throughout the home, on each level, there are several outdoor spaces offering exceptional privacy & abundant charm & room for huge POOL! Take the elevator to the PENTHOUSE LEVEL primary suite, private retreat offering dual separate his/hers bathrooms & 2 separate spacious walk-in closets. In “his” wing, men’s club style steam shower, or “her” spa-resort experience in her own boudoir wing featuring a soaking/jacuzzi sunken bath adorned w/white Calacutta gold marble imported from Italy! Enjoy a nightcap on the veranda off your personal professional home gym, taking in picturesque sunset views to close out your evening. This is a HOUSE you Must See to Appreciate! There’s nothing like this on the market at this price so don’t wait because it won’t be available for long!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size9,211 sqft
Lot size1.2728 Acres
Year built2008
ParkingCircular Driveway, Controlled Entrance, Door-Multi, Driveway Level, Driveway, Electric Gate, Garage, Gated, Oversized, Paved, Private, Pull-through, RV Garage, RV Potential, RV Access/Parking, One Space, See Remarks
MLS #SR24218496
Attached garage3 spaces
FireplaceSee Remarks
ViewCity Lights, Hills, Mountain(s), Trees/Woods
Virtual tour
Summary
- MLS Number: SR24218496
- MLS Name: CRMLS
- Office Name: Rodeo Realty
- Office Phone: (818) 482-0085
- Listing Agent: Poupee Komenkul
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$6,450,000
4700 Balboa Ave
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 30, 2001 | Home Sold | $769,000 |
| Jun 11, 1999 | Home Sold | $600,000 |
| Apr 13, 1998 | Home Sold | $538,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,809,318 | $34,861 |
| 2023 | $2,754,234 | $34,192 |
| 2022 | $2,700,230 | $32,616 |
| 2021 | $2,647,285 | $32,191 |
| 2020 | $2,620,142 | $31,235 |
| 2019 | $2,568,767 | $30,820 |
| 2018 | $2,518,400 | $30,152 |
| 2017 | $2,469,021 | $30,152 |
History based on county public records data.
Nearby schools
7
Encino Charter Elementary School
Public Charter KG-5
0.4 mi
•16941 Addison St
9
Lanai Road Elementary School
Public District KG-5
0.7 mi
•4241 Lanai Rd
9
Academy for Enriched Sciences
Public District KG-5
1.5 mi
•17551 Miranda St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $136,218. Typical income of Encino, CA residents is $200k+ annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
26%
35k-100k
30%
100k-200k
32%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
3%
Single, with Kids
36%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
11%
18-34 yrs old
41%
35-64 yrs old
32%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Men's Tennis
NBA/WNBA
Where do the neighbors shop?
Chico's
Bloomingdales
New York & Company
Where do the neighbors go to eat?
Bonefish Grill
Qdoba
Chipotle
What do the neighbors drive?
Cadillac
Lexus
Infiniti
What do the neighbors listen to?
Classical
News
Active Rock
All data provided by Home Junction and Claritas
Similar homes for sale
#SR25026051, Jennifer Brookley, Listing Office: Berkshire Hathaway HomeServices California Properties
#SR25038225, David Shemesh, Listing Office: Keller Williams Realty Calabasas
#SR25036481, Adi Livyatan, Listing Office: Rodeo Realty
1 day on Rocket
#SR25053127, Bishara Chatih, Listing Office: RE/MAX One
#SR24212284, Adi Livyatan, Listing Office: Rodeo Realty
Backup offers
#IG25015609, JESSE AGUAYO, Listing Office: KELLER WILLIAMS REALTY
#SR24217218, Stephen Pannesco, Listing Office: Coldwell Banker Realty
6 hours on Rocket
#SR25055706, Kenneth Marker, Listing Office: Rodeo Realty
#SR25004911, Kenneth Marker, Listing Office: Rodeo Realty
Frequently asked questions
About 4700 Balboa Ave
This home is located at 4700 Balboa Ave in Encino, CA and zip code 91436 in the The San Fernando Valley neighborhood. This 9,211 square foot home, which was built in 2008, sits on a 1.27 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 4, 2024 and is currently priced at $6,450,000.
In February 2025 more than 212 listings in Encino, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. Between January and February 2025, Encino, CA real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in February 2025 was $989,396, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.