The hottest developer market in the city - Encino's prestigious "Royal Oaks" - close to the westside, the studios, and the best schools. Build your own custom home, or renovate this charming ranch. The utter lack of new luxury estates has created enormous demand and rising exit prices. Recent $10M sales provide ample proof-of-concept for the 1/3-1/3-1/3 model. Opportunity for a double-digit exit on this glorious 52,000sf lot on a prime street with a prestigious address. Multiple upcoming estates around the corner offer strong pricing support. Offers not reviewed until May 4.
- Listing Status: Closed
- Listing Agent: Craig Knizek
(lic# 01377932)
of Beverly Hills/Greater LA
- Listing Office: The Agency
(lic# 01904054)
- Selling Agent: Rayni Williams
(lic# 01496786)
- CO-Listing Agent: Aleen Der Artinian
(lic# 02035673)
of Beverly Hills/Greater LA
- CO-Listing Office: The Agency
(lic# 01904054)
- CO-Selling Agent: Branden Williams
(lic# 01774287)
- CO-Selling Office: The Beverly Hills Estates
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Based on information from CRISNet MLS as of 10th August 2026 at 1:16am. 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. Properties may or may not be listed by the office/agent presenting the information.