3 months on rocket

16254 Mandalay Dr, Encino, CA, 91436

$5,995,000

6 Bedrooms
7 Full Baths, 2 Partial
8,000 SqFt
$749/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Driveway, Garage
Garage2 spaces
Year Built2000
HeatingCentral
CoolingCentral Air
FireplaceBonus Room, Living Room, Primary Bedroom, Outside
ViewCity Lights, Panoramic, Valley
MLS #224000113
Lot Size0.41 Acres
StatusActive

About 16254 Mandalay Dr

Welcome to this stunningly reconstructed residence located in the sought-after neighborhood of Encino hills. Positioned on a private gated driveway, this contemporary marvel greets you with an opulent entrance featuring a massive glass wall and dual staircase. The expansive layout showcases a seamless flow from the family room and dining area, complete with an 84-bottle wine rack, to the impressive kitchen boasting a 19-foot center island. A Sub-zero fridge, wine fridge, and Wolf appliances, including a 60-inch 8-burner range, 3 dishwashers, built-in microwave, cappuccino maker, and steam oven, cater to the needs of a gourmet chef. The lower level includes two spacious bedrooms with en suite baths, a living room with pocket doors leading to the covered patio for true indoor/outdoor living. The backyard oasis offers a built-in BBQ, a sparkling pool and spa, an outdoor full bath, and ample space for sunbathing or entertaining guests. Ascending the stairs, you'll find the entertainment room with a projector and a 200-inch screen, along with a convenient powder room for breaks during movie nights. The remaining four bedrooms, all with en suite baths, are also on this level, including two breathtaking primary bedrooms each featuring private balconies and panoramic views of the Valley. Both suites include sitting areas with fireplaces, aesthetic showers, dual sink vanities, and spacious closets. Additional highlights of this home include custom light fixtures, a 6-zone HVAC system, two laundry rooms, and a garage with storage space. The entire house can be effortlessly controlled through Crestron technology. Previously celebrity owned and located less than a mile from the highly sought after Lanai Road Elementary School.

Property Details

Property Features

Property Information:

  • Year Built: 2000
  • Stories: 2
  • Living Area: 8,000 SqFt

Listing Office:

  • Office Name: Engel & Voelkers, Westlake Village
  • Office Phone: (818) 889-1602
  • Listing Agent: Nicole Van Parys & Gary Nese...

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Laminate
  • Interior: Wet Bar, Multiple Staircases, Open Floorplan, Bar, Multiple Primary Suites, Utility Room, Wine Cellar, Walk-In Closet(s)
  • Fireplace: Bonus Room, Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Panoramic, Valley
  • Exterior: Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Circular Driveway, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Gaspar De Portola Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Lanai Road Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Take N Sepulveda Blvd, Royal Hills Dr and Caribeth Dr to Mandalay Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000
  • Price Per SqFt: $749/SqFt

Tax Information:

  • Annual Amount: $66,631
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

16254 Mandalay Dr vs Los Angeles

112 DAYS ON ROCKET

+78 Days

$5,995,000

+$5.0M More

$749/SqFt

+$117 More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price and $117/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #224000113

Listing Office:

  • Office Name: Engel & Voelkers, Westlake Village
  • Office Phone: (818) 889-1602
  • Listing Agent: Nicole Van Parys & Gary Nese...

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2016Home Sold
$1,300,000
Jul 23, 1997Home Sold
$830,000

Tax History

YEARPROP. TAXASSESSMENT
2021$66,631$5,600,000
2020$18,631$1,549,362
2019$16,783$1,518,984
2018$16,423$1,352,520
2017$16,423$1,326,000

History based on county public records data.

Payment Calculator

$29.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4597998
9
/10
  • Lanai Road Elementary School

  • 4241 Lanai Rd

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-4597999
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.02 miles

  • Public Magnet Grades KG-6

school-card-donut-4598000
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 9.57 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4598001
7
/10
  • Gaspar De Portola Middle School

  • 18720 Linnet St

  • 3.60 miles

  • Public Magnet Grades 6-8

school-card-donut-4598002
4
/10
  • Studio

  • 2211 W Avenue 30

  • 14.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4598003
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 3.60 miles

  • Public Magnet Grades 9-12

school-card-donut-4598004
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 17.31 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $140,625. The most common annual income of people living in Los Angeles, CA is $200k+. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16254 Mandalay Dr

What is the listing price of this property?

The listing price of 16254 Mandalay Dr property is $5,995,000.

What type of property is this?

The property 16254 Mandalay Dr is a house located in Encino, California, 91436.

Is this property for sale now?

Active Listing: 16254 Mandalay Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16254 Mandalay Dr are:
Lanai Road Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Gaspar De Portola Middle School: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $66,631 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2016 for $1,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16254 Mandalay Dr has 6 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 16254 Mandalay Dr is 8,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16254 Mandalay Dr is 2000.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9143616254 Mandalay Dr

This home is located at 16254 Mandalay Dr in Encino, CA and zip code 91436 in the The San Fernando Valley neighborhood. This 8,000 square foot home, which was built in 2000, sits on a 0.41 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $5,995,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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