Incredible development opportunity in the highly sought after Royal Oaks enclave of Encino, this exquisite property features a U-shaped driveway, inviting curb appeal, and 15,765 sqft of endless possibilities. Situated on a peaceful winding street, this beautiful land is ready to become an impressive estate. Panoramic views of the valley are complemented by rolling lawns and amazing privacy from mature landscaping. The spacious backyard awaits tiered gardens and elegant alfresco entertaining, with the unrivaled backdrop of the Valley’s twinkling lights below. A star-studded retreat with some of the highest values in the area, Royal Oaks is one of the most the premier neighborhoods for new construction estates. Located near fine dining, shops, restaurants, and all major freeways and canyons. A truly stunning project for the most discerning builder, developer, investor, or end-user. Don’t miss this once in a lifetime opportunity to create Royal Oaks’ crowning jewel.
Single-familyProperty Type
2019Year Built
0.36 acresLot Size
$1,361Est. Price/Sq.Ft.
2 car garageParking
Listed by Adi Livyatan•DRE #01892750• Rodeo Realty
Bought with Adi Livyatan•DRE #01892750• Rodeo Realty
Source:CRMLS #SR18271849
Redfin Estimate
$12,682,688
$2.3M since sold in November 2020$552K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 70.6% higher than the average sale price ($7.43M) of 5 comparable homes.
Incredible development opportunity in the highly sought after Royal Oaks enclave of Encino, this exquisite property features a U-shaped driveway, inviting curb appeal, and 15,765 sqft of endless possibilities. Situated on a peaceful winding street, this beautiful land is ready to become an impressive estate. Panoramic views of the valley are complemented by rolling lawns and amazing privacy from mature landscaping. The spacious backyard awaits tiered gardens and elegant alfresco entertaining, with the unrivaled backdrop of the Valley’s twinkling lights below. A star-studded retreat with some of the highest values in the area, Royal Oaks is one of the most the premier neighborhoods for new construction estates. Located near fine dining, shops, restaurants, and all major freeways and canyons. A truly stunning project for the most discerning builder, developer, investor, or end-user. Don’t miss this once in a lifetime opportunity to create Royal Oaks’ crowning jewel.
TheMLS #18-365490
Oct 16, 2018
Delisted
—
Aug 28, 2018
Price Changed
*
Jul 16, 2018
Listed
*
Public Records
Aug 16, 2016
Sold
$1,325,000
$142/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$134,465 (+1.2%)
$6,721,903 + $4,481,269
$11,203,172
2024
$132,888 (+2.0%)
$6,721,903 + $4,481,269
$11,203,172
2023
$130,273 (+4.9%)
$6,590,101 + $4,393,401
$10,983,502
2022
$124,170 (+1.1%)
$6,460,884 + $4,307,256
$10,768,140
2021
$122,771 (+180.8%)
$6,334,200 + $4,222,800
$10,557,000
2020
$43,716 (+1,154.0%)
$6,210,000 + $4,140,000
$10,350,000
2019
$3,486 (−79.1%)
$1,703,400 + $1,891,800
$3,595,200
2018
$16,654 (+1.1%)
$1,378,530
2017
$16,472 (+553.4%)
$1,060,000 + $265,000
$1,325,000
2016
$2,521 (+1.2%)
$1,060,000 + $265,000
$1,325,000
2015
$2,492 (−0.8%)
$105,188 + $62,521
$167,709
2014
$2,511 (−0.3%)
$101,579 + $60,376
$161,955
2012
$2,519 (+2.1%)
$101,120 + $60,104
$161,224
2011
$2,466 (−0.8%)
$99,138 + $58,926
$158,064
2010
$2,486 (+3.2%)
$97,195 + $57,771
$154,966
2009
$2,410 (+3.5%)
$96,469 + $57,340
$153,809
2008
$2,330
$96,699 + $57,477
$154,176
Tax history for 15601 Meadowgate Rd
Year
Property tax
Land + Additions
Assessment*
2025
$134,465 (+1.2%)
$6,721,903 + $4,481,269
$11,203,172
2024
$132,888 (+2.0%)
$6,721,903 + $4,481,269
$11,203,172
2023
$130,273 (+4.9%)
$6,590,101 + $4,393,401
$10,983,502
2022
$124,170 (+1.1%)
$6,460,884 + $4,307,256
$10,768,140
2021
$122,771 (+180.8%)
$6,334,200 + $4,222,800
$10,557,000
2020
$43,716 (+1,154.0%)
$6,210,000 + $4,140,000
$10,350,000
2019
$3,486 (−79.1%)
$1,703,400 + $1,891,800
$3,595,200
2018
$16,654 (+1.1%)
$1,378,530
2017
$16,472 (+553.4%)
$1,060,000 + $265,000
$1,325,000
2016
$2,521 (+1.2%)
$1,060,000 + $265,000
$1,325,000
2015
$2,492 (−0.8%)
$105,188 + $62,521
$167,709
2014
$2,511 (−0.3%)
$101,579 + $60,376
$161,955
2012
$2,519 (+2.1%)
$101,120 + $60,104
$161,224
2011
$2,466 (−0.8%)
$99,138 + $58,926
$158,064
2010
$2,486 (+3.2%)
$97,195 + $57,771
$154,966
2009
$2,410 (+3.5%)
$96,469 + $57,340
$153,809
2008
$2,330
$96,699 + $57,477
$154,176
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
May 20, 2021 • Final
Electrical
Install a rooftop solar photovoltaic system on a residential building. The system includes solar panels, inverters, and an energy storage system with powerwalls connected to the existing main service panel.
Battery
Electrical
Solar
Apr 13, 2021 • Active
Bldg-alter/repair
Replace the roof on a residential building with composition shingles. The project includes using materials certified by the Cool Roof Rating Council for a roof replacement covering more than half of the total roof area.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central
Exterior
Property Information
Subdivision Name: 12666
Living Sq. Ft: 9,320
# of Units: 1
Legal Description: TRACT # 12666 LOT 42
Lot Information
# of Buildings: 1
Land Sq. Ft: 15,757
Legal Lot Number: 42
Municipality Name: LOS ANGELES
Acres: 0.3617
Depth Footage: 150
Front Footage: 105
Zoning Code: LAR1
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 7
Baths: 9.0
Sq. Ft.: 9,320
Stories: —
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 2019
Year Renovated: 2019
County: Los Angeles County
APN: 2285003047
Home facts updated by county records on Aug 29, 2026
Around this home
Schools
Lanai Road Elementary School
Public K-5 • Assigned • 1.1mi
8/10
William Mulholland Middle School
Public 6-8 • Assigned • 3.5mi
6/10
Birmingham Community Charter High School
Charter 9-12 • Assigned • 3.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
LA's real estate market stays a top-tier profit machine through the mid point of26! Strong demand, tight inventory, and the city's allure drive steady 3-7% appreciation. High equity and robust rents make it ideal for long-term investors seeking...
reliable, high-value wealth growth in this iconic City.