About this property

SOUTH OF THE BOULEVARD OPPORTUNITY! First time on the market in over 50 years. This 3-bedroom, 4-bath home sits on an expansive 16,398 sq. ft. tiered lot with approximately 112 feet of frontage, offering exceptional potential for a builder, developer, or visionary buyer. The approximately 2,945 sq. ft. home features a large pool, basketball hoop, and covered cabana. Mature fruit trees enhance the upper level, with potential for a north-south pickleball court, garden retreat, or recreation area. Reimagine the property as a luxury estate and explore the potential for a two-story ADU. Prime Encino location south of Ventura Boulevard, close to Gelson's Market and the redevelopment of Encino Village at Ventura and Petit, creating a walkable future hub of restaurants and shops. Large lot. 112-foot frontage. Pool. Prime Encino location. Exceptional potential. Buyer to independently verify square footage, lot dimensions, zoning, development and ADU potential, and building requirements.

Property facts

Heating

Central

Cooling

Central Air, Zoned

Parking

2

Stories

2

MLS #

SR26212343

Listed by

Sotheby's International Realty

Price history

• 2026-10-05 · Listed for sale$1,950,000

Nearby schools

• 8
  Lanai Road Elementary School

  Elementary · Grades K-5 · Public
  0.2 mi
• 9
  Gaspar De Portola Middle School

  Middle · Grades 6-8 · Charter
  2.9 mi
• 7
  Birmingham Community Charter High School

  High · Grades 9-12 · Charter
  2.7 mi

School data and ratings are provided by third parties and may change. Verify enrollment boundaries directly with the district.

Getting around

Check how 4317 Petit Ave fits your daily routine in Encino.