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15615 Meadowgate Rd
Encino, CA 91436
$4,495,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
5375
Property Description
Introducing an exquisite Spanish-style 5BD/4.5BA residence nestled in the prestigious Royal Oaks neighborhood of Encino. Set on nearly half an acre of land, this expansive estate boasts captivating views of the valley and mountains. Upon entry, you are greeted by the grand foyer with soaring ceilings, infused with natural light. Picture windows maximize the indoor-outdoor feel and patio doors provide easy access on each level. The generous formal dining room accommodates gatherings of friends and family while the adjacent butler's pantry, complete with wine fridge, sink and beverage station, enhances entertaining capabilities. Step into the gourmet chef's kitchen, featuring granite countertops, a 6-burner gas Viking range, Sub-Zero fridge/freezer, and a Miele dishwasher. The kitchen seamlessly connects to the living room, adorned with a fireplace, vaulted ceilings, custom built-ins, and double doors leading to the resort-style backyard. The primary suite on the main level offers a tranquil retreat with dramatic ceilings, an enchanting fireplace, and direct access to a huge patio overlooking the spacious backyard. Pamper yourself in the spa-like bath boasting dual vanities, a dual-head shower, and a jacuzzi tub. Additionally, the main level features three bedrooms, two full baths, and a laundry room. The lower level provides a family room with custom wood built-ins, a separate media/game room with extra storage, an en-suite bedroom with its own entrance, a powder room, and direct backyard access through several sets of french doors. Step outside to the patio and relish in breathtaking views of the San Fernando Valley while enjoying outdoor cooking and entertaining. Descend to the lower level of the backyard to indulge in the pool amidst mature landscaping and fruit trees. Conveniently located moments away from Ventura Blvd and within the highly esteemed Lanai Road Elementary School district, this home offers the epitome of luxurious California living. Welcome home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1951
MLS Number
24-376927
Location
Address
15615 Meadowgate Rd
City
Encino
State
CA
Zip Code
91436
County
LOS ANGELES (NORTHWEST LA)
Listing
Provider
Equity Union Real Estate, original listing
Name
Equity Union Real Estate
Phone
(818) 631-1660
Office Name
Equity Union
Office Phone
(818) 989-2000
Agent Name
Andrew Dinsky

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.