Fantastic Royal Oaks opportunity. Attention builders, remodelers or end users looking to restore, tear down or expand on one of the BEST corner lots in the prestigious Royal Oaks area of Encino! The lot is a little under an acre and almost all flat. There is HUGE potential for this property! Currently, there is a charming 1-story ranch house by the renowned architect Jerry Colcort nestled among the sycamore trees. The existing home could be updated, enlarged or start new. Upon entering, there are 4 bedrooms in the right wing of the home, while the left wing has a large living room, dining room, kitchen and family room, all looking out to the tranquil setting that this property provides. There is a pool & expansive grassy yard with mature trees and greenery surrounding the home. Come see the potential of this fabulous lot!
Single-familyProperty Type
2019Year Built
0.88 acresLot Size
$1,264Est. Price/Sq.Ft.
2 car garageParking
Listed by Anthony Marguleas•DRE #01173073• Amalfi Estates
Bought with Laura Brau•DRE #01931500• Pacific Union International
Source:Greater Lansing AoR #18325390
Redfin Estimate
$16,418,878
$706K since sold in May 2024$121K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 132.1% higher than the average sale price ($7.07M) of 5 comparable homes.
Fantastic Royal Oaks opportunity. Attention builders, remodelers or end users looking to restore, tear down or expand on one of the BEST corner lots in the prestigious Royal Oaks area of Encino! The lot is a little under an acre and almost all flat. There is HUGE potential for this property! Currently, there is a charming 1-story ranch house by the renowned architect Jerry Colcort nestled among the sycamore trees. The existing home could be updated, enlarged or start new. Upon entering, there are 4 bedrooms in the right wing of the home, while the left wing has a large living room, dining room, kitchen and family room, all looking out to the tranquil setting that this property provides. There is a pool & expansive grassy yard with mature trees and greenery surrounding the home. Come see the potential of this fabulous lot!
Year
Property tax
Land + Additions
Assessment*
2025
$209,186 (+9.5%)
$8,160,000 + $9,307,500
$17,467,500
2024
$191,107 (+2.0%)
$8,160,000 + $9,307,500
$17,467,500
2023
$187,341 (+4.9%)
$7,907,040 + $7,907,040
$15,814,080
2022
$178,546 (+5.8%)
$7,752,000 + $7,752,000
$15,504,000
2021
$168,710 (−1.0%)
$7,600,000 + $7,600,000
$15,200,000
2020
$170,414 (+269.8%)
$6,920,966 + $7,325,110
$14,246,076
2019
$46,086 (+1,004.2%)
$6,850,000 + $7,250,000
$14,100,000
2018
$4,174 (+2.0%)
$3,876,000
2017
$4,092
$116,800 + $174,047
$290,847
Tax history for 3904 Valley Meadow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$209,186 (+9.5%)
$8,160,000 + $9,307,500
$17,467,500
2024
$191,107 (+2.0%)
$8,160,000 + $9,307,500
$17,467,500
2023
$187,341 (+4.9%)
$7,907,040 + $7,907,040
$15,814,080
2022
$178,546 (+5.8%)
$7,752,000 + $7,752,000
$15,504,000
2021
$168,710 (−1.0%)
$7,600,000 + $7,600,000
$15,200,000
2020
$170,414 (+269.8%)
$6,920,966 + $7,325,110
$14,246,076
2019
$46,086 (+1,004.2%)
$6,850,000 + $7,250,000
$14,100,000
2018
$4,174 (+2.0%)
$3,876,000
2017
$4,092
$116,800 + $174,047
$290,847
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
May 27, 2020 • Active
Electrical
Perform a residential electrical service upgrade. Existing subpanels and electrical loads will remain in place.
Electrical
Electric meter
Sep 27, 2019 • Final
Swimming-pool/spa
Revise the location of a pool and spa.
Pool and hot tub
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: 13400
Living Sq. Ft: 12,988
# of Units: 1
Legal Description: TR=13400 EX OF STS LOT 107
Lot Information
# of Buildings: 1
Land Sq. Ft: 38,356
Legal Lot Number: 107
Municipality Name: LOS ANGELES
Acres: 0.8805
Depth Footage: 215
Front Footage: 180
Zoning Code: LARE15
County Use Description: SINGLE FAMILY RESID
Location Information
Parcel Location Influence: Corner
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 8
Baths: 11.0
Sq. Ft.: 12,988
Stories: 1.0
Lot Size: 0.88 acres
Style: Single Family Residential
Year Built: 2019
Year Renovated: 2019
County: Los Angeles County
APN: 2286017021
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Lanai Road Elementary School
Public K-5 • Assigned • 1.0mi
8/10
William Mulholland Middle School
Public 6-8 • Assigned • 3.9mi
6/10
Birmingham Community Charter High School
Charter 9-12 • Assigned • 3.5mi
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,...