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$16,495,000   Price Analysis
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4640 Petit Ave
Encino, CA 91436
6 bed 10 bath 12,034 SqFt ($1370/SqFt)
1.13 acre lot. Built 2024
Listed 2024-05-21, Taxes $45,685
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Discover modern luxury at 4640 Petit Ave

A single-story resort-inspired contemporary oasis in the esteemed Encino Hills. This masterpiece features six big bedrooms and eight lavish bathrooms across 12, 034 sq. ft. A blend of white stucco and vertical slat accents welcomes you to a grand entrance, framed by 13 majestic palm trees. With NEST thermostats in each room and Creston control systems, this architectural gem offers stunning design and exceptional amenities, promising an extraordinary living experience. The expansive living area seamlessly transitions into the fantastic room, adorned with vertical wooden panels and natural stone walls. Artistic pendant lights enhance the gallery-like ceiling. Frameless recessed lighting complements the space, while floor-to-ceiling windows create a bright and welcoming ambiance. Expansive 12-foot pocket doors open to the backyard, blending indoor and outdoor living. Two elegant powder rooms feature floating limestone vanities, illuminated display shelves, Tundra marble countertops and chic sconces. Nearby, the formal dining room exudes elegance with a custom bar area, LED-lit shelves and a 64-bottle wine display set against a striking Jurassic marble slab. Full-length glass double corner pocket doors open to the adjacent zen garden wth a view of the serene waterfall and majestic olive tree. The primary bedroom, tu cked behind a 10 ft white oak pivot door, offers a corner pocket door overlooking the pool. Floating art walls, wide-plank hardwood floors, linen wallpaper and a leathered belvedere marble fireplace create a serene ambiance. The ensuite bathroom features his/her vanities and toilets, a viola blue marble shower and a freestanding tub.

The meticulously designed closet, with two central islands and a glam vanity, enhances the luxurious feel. The contemporary kitchen boasts two grand islands, custom cabinetry, Miele appliances, a PITT cooktop and a temperature-controlled wine cooler. Expansive pocket doors open to the BBQ area, making food transport seamless. The backyard features sleek white porcelain tiles, a stunning zero-edge pool, swim-up bar and a cascading waterfall. Two raised decks provide perfect sun-soaking spots. The pool cabana offers a shaded retreat. The fitness and wellness center, with full pocket doors overlooking the backyard, is equipped with an infrared sauna, mirror wall, TV, mini-fridge and full bath. The home theater dazzles with Rolls Royce-like stars in the ceiling, creating a magical ambiance. It offers an immersive experience with a 150-inch projector screen and Sony projector with stadium seating. Acoustic panels enhance sound quality and contribute to the sleek, modern look, highlighted by integrated LED lighting. The elegant executive office features floor-to-ceiling windows and built-in cabinetry. Large glass partitions separate the office from the entertainment area, maintaining an open, light-filled feel. The entertainment space includes a custom bar with four TVs, perfect for watching different sports simultaneously and hosting gatherings. This sophisticated space combines work and leisure, making it an unparalleled addition to your luxurious lifestyle. The front of the home features a full-size basketball court with double tennis lines and custom Kobe Bryant logos. Adjacent to the court, a courtside cabana offers a full bar area with an 86 TV, making it the perfect spot to invite friends to watch games. A grand driveway with a guard station leads to the expansive 1300 sq ft 4+ parking space with epoxy flooring. A seamless transition into the mudroom through a sleek glass partition highlights the meticulous attention to detail throughout. This property masterfully combines luxury and functionality, blending resort-style living with everyday life. Built with quality and functionality in mind, every detail of this home has been thoughtfully designed for sophisticated living. Experience a place not to live, but to thrive.


Presented by Joshua Altman at
Douglas Elliman of California, Inc.
Listing Agent Photo

Property MLS #24-393295 from TheMLSCLAW

Bedrooms: 6
Bedroom 1 Features: Master Bedroom, Master Retreat, Master Suite, Dressing Area, WalkInCloset, Main Floor Master Bedroom, Main Floor Bedroom

Total Bathrooms: 10
Full Bathrooms: 7
1/2 Bathrooms: 3
Bathroom 1 Features: Powder Room, Shower and Tub, Double Vanity(s), Shower Over Tub

High Ceilings (9 Feet+)
Turnkey
Bar
Wet Bar
Open Floor Plan
Furnished Description: Unfurnished
Flooring: Hardwood, Porcelain, Tile
Window Features: Skylights

Built-In BBQ
Oven
Range
Double Oven
Microwave
Laundry Facilities: Inside, Room
Laundry Features: Inside, Room

Great Room, Powder, Gym, Sauna, Media Room, Home Theatre, Master Bedroom, Cabana, Dressing Area, Living Room, Walk-In Closet, Entry, Dining Area, Dining Room, Patio Open, Breakfast Area, Breakfast Bar, Breakfast, Bar, Office, Study/Office, Patio Covered

Island
Marble Counters
Gourmet Kitchen
Open to Family Room
Breakfast Room Description: Kitchen Island, In Kitchen, Dining Area, Breakfast Area, Breakfast Counter / Bar, Breakfast Nook, Breakfast Room, Family Kitchen, Family Room, Formal Dining Rm, Living Room
Dining Room Description: 1
Kitchen Features: Island, Marble Counters, Gourmet Kitchen, Open to Family Room

Cooling Features: Central
Fireplace Features: Fire Pit, Master Bedroom, Patio, Living Room
Heating Features: Central
Number of Fireplaces: 4

Pool Features: In Ground, Heated, Tile, Negative Edge/Infinity Pool, Private
Pool Private: Yes
Spa Features: In Ground, Heated, Private

Fencing: Stucco
Other Structures: Cabana
Patio And Porch Features: Deck(s), Patio Open, Covered, Tile
Patio Features: Deck(s), Patio Open, Covered, Tile

Covered Spaces: 6
Garage Spaces: 4
Garage Description: Gated, Garage, Driveway, Private, Covered Parking, Uncovered, Garage - 4+ Car, Attached, Parking for Guests, Garage Is Attached
Parking Total: 26

Lot Description: Back Yard, Lawn, Yard, Front Yard, Gated with Guard
Lot Size Acres: 1.1335629
Lot Size Dimensions: 124x410
Lot Size Source: Assessor
Lot Size Square Feet: 49378

View: Pool
Other Equipment: Barbeque, Range/Oven, Refrigerator, Microwave, Dishwasher, Freezer
Security Features: Gated

Association: No
Calculated Total Monthly Association Fees: 0

High Ceilings (9 Feet+)
Source Listing Status: Active
County: Los Angeles
Directions: Ventura Blvd to Petit Ave
Source Property Type: Residential
Area: Encino
Source Neighborhood: Encino
Parcel Number: 2284-008-001
Postal Code Plus 4: 3216
Zoning: LARE9
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,147,500 + $2,677,500
$3,825,000
$45,685
2021$1,125,000 + $2,625,000
$3,750,000
$45,125
2020$605,706 + $138,744
$744,450
$9,897
2019$593,830 + $136,024
$729,854
$9,535
2018$582,187 + $133,357
$715,544
$9,056
2017$570,772 + $130,743
$701,515
$8,864
2016$559,581 + $128,180
$687,761
$8,593
2015$551,176 + $126,255
$677,431
$8,471
2014$540,380 + $123,782
$664,162
$8,522
2013$537,938 + $123,223
$661,161
$8,522
2012$527,391 + $120,807
$648,198
$8,636
2010$517,050 + $118,439
$635,489
$8,477
2009$514,406 + $117,834
$632,240
$8,169
2009$513,186 + $117,554
$630,740
$8,169
2008$504,320 + $115,524
$619,844
$7,831
2007$494,432 + $113,259
$607,691
$7,549

Price Changed 2024-07-08
$16,495,000
TheMLSCLAW
Listed 2024-05-21
$17,995,000
TheMLSCLAW
Listing removed 2020-08-13
$0
CRISNET
Sold 2020-08-12
$3,750,000
CRISNET
Price Changed 2020-04-06
$4,100,000
CRISNET
Listed 2020-01-24
$4,600,000
CRISNET
Sold 1972-04-10
$115,000
Public Record

Total Square Feet Living: 12034
Year Built: 2024
Building Exterior Type: Stucco
Common Walls: Detached/No Common Walls
Entry Location: Ground Level w/steps
Levels: One Level
Living Area Source: Developer
New Construction: Yes
Property Condition: New Construction
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Detached
House Style: Contemporary
Year Built Source: Owner
Architectural Style: Contemporary

Sewer: In Street

Lanai Road Elementary School is a public elementary school located approximately 0.5 miles away.
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Gaspar De Portola Middle School is a public middle school located approximately 2.8 miles away.
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K12 Preparatory Academy is a private elementary, middle and high school located approximately 0.2 miles away.
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High Tech La School is a public high school located approximately 2.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.