4550 Gable Dr , Encino, CA 91316
$3,990,000
Est. Payment: $20,967.03/mo
5 Bed
5 Bath
5319 Sqft
0.58 Acres
Status: active | Days on site: 16
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CLW-X74054 - CLW-C137178
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House Description

LEASE OPTION TO BUY! An exceptional opportunity to own a magnificent Tuscan-inspired mansion in the prestigious Encino Hills, offering ultimate privacy, security, breathtaking 360-degree panoramic views, and outstanding investment potential! Privately situated behind secure gates and a long driveway, this impressive estate sits on approximately half an acre, featuring five spacious bedrooms, five bathrooms, a three-car garage, and ample additional parking. Designed for luxurious California living, the residence showcases a grand entrance, an expansive open floor plan, soaring ceilings, and an abundance of natural sunlight throughout, creating a bright, airy, and inviting atmosphere. Elegant architectural details, exposed wood beams, rich hardwood and travertine flooring, and multiple fireplaces add warmth, sophistication, and timeless character. Three bedrooms are conveniently located on the main level, while the upper level features two generously sized bedrooms, including an expansive primary suite offering privacy and comfort. The spectacular great room boasts approximately 18-foot ceilings, creating an impressive sense of openness and grandeur, with seamless indoor-outdoor flow. The gourmet chef's kitchen is equipped with premium Viking appliances, a six-burner range with an oversized griddle, double ovens, built-in refrigeration, a farmhouse sink, and generous space for entertaining. Expansive glass doors open to a spectacular resort-style backyard featuring a sparkling pool, spa, outdoor kitchen with Viking grill, and breathtaking panoramic views of the surrounding hills, valley, and city lights. Whether hosting unforgettable gatherings, enjoying peaceful evenings, or embracing the ultimate Southern California lifestyle, this remarkable estate offers an exceptional combination of luxury, comfort, privacy, and entertainment. An outstanding opportunity for families, investors, and developers alike! Perfect for families seeking a spacious, private, and secure luxury residence with abundant natural light, an open layout, and resort-style amenities, this exceptional property also presents tremendous potential for investors and developers looking to renovate, modernize, customize, and significantly enhance its value. With its impressive scale, desirable location, distinctive architectural character, and spectacular views, the estate offers exciting possibilities for both luxurious residential living and value-add investment. Beyond its exceptional residential appeal, the property also presents a unique business opportunity for qualified healthcare operators. Currently utilized as a six-bed residential substance use disorder recovery and treatment facility, the property has an associated California Department of Health Care Services (DHCS) licensing opportunity available separately for $250,000, subject to DHCS approval, applicable change-of-ownership requirements, and all necessary regulatory approvals. Whether envisioned as a magnificent private residence, a value-add investment, or a potential residential recovery and treatment operation, this extraordinary Encino Hills estate offers remarkable versatility, exceptional potential, and multiple possibilities for its next owner. LEASE OPTION TO BUY AVAILABLE! A RARE OPPORTUNITY NOT TO BE MISSED!

Highlights

Listed by Dezireh Haghayeghi , 310-626-2096 Keller Williams Beverly Hills , 310-432-6400. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.58

Year Built

1951

County

Los Angeles

Area

ENC - Encino

Listing ID

26103754

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Dishwasher, Dryer
Air Cond:Central Air
Fireplaces:Dining Room,Family Room
Floor:Wood

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LARA
Parking Features:Covered,Driveway
Principal Interest
$20,967
Taxes
$2,544

Home Price

$3,990,000

Loan Details

30 yrs
6.874%

Down Payment

20%
$798,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,967.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,967.03 $2,543.63 $0.00 $23,510.66
Yearly $251,604.42 $30,523.50 $0.00 $282,127.92
Total $7,548,132.58 $915,705.00 $0.00 $8,463,837.58

Today's Rates

30 Year

6.87%

20 Year

6.7%

15 Year

6.29%

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Market insight data is pulled from the same city as the listing being viewed (Encino, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T19:32:31.000Z

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