Welcome to "The Encino Promontory", a truly rare and unparalleled development opportunity set on an exceptional 1.5-acre parcel of land with unobstructed, breathtaking panoramic views in the coveted Encino Hills. Situated on one of the most prestigious and sought-after streets in the area, this lot offers a unique combination of privacy, exclusivity, and a commanding hillside presencemaking it one of the few remaining premier properties in this highly desirable neighborhood.Designed with a flag-lot orientation, this property ensures the utmost seclusion while maximizing the views that stretch across the entire San Fernando Valley. With record-breaking sales and high-profile developments in the area, along with an influx of celebrity relocations, the Encino Hills market is flourishing, offering incredible post-construction value potential for both end users and developers alike. This is a once-in-a-lifetime chance to craft a bespoke contemporary estate in one of Los Angeles' most coveted enclaves. Don't miss the opportunity to secure one of the last truly exceptional properties in Encino Hills. Property is sold as a un-entitled lot and conceptual renderings shown, all Buyers to verify building potential with their own professionals.
Features
crop_free67023 sq. ft. lot size
cottageLand
Property history for 17229 Oak View Dr
2015
Sold
$1,775,000
22 Apr 2015 by Kevin Driscoll, of Compass
2014
Sold
$1,615,000
07 Aug 2014 by Drew Fenton, of Hilton & Hyland
Happy sellers in Los Angeles
80%
sentiment_satisfied
80% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.
Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
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Local market activity for land plots in Los Angeles
Sold
For Sale
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