4550 Gable Drive
Encino, CA 91316
Listing broker / agent: Keller Williams Beverly Hills · Dezireh Haghayeghi · CRMLS
MLS # 26103754 · Last checked Oct 22, 2026 09:47 UTC
About this property
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!
Property details
- MLS number
- 26103754
- Status
- Active
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 5 Beds • 5 Baths
- Living area
- 5,319 (area; units unconfirmed)
- Lot size
- 0.5806 acres
- County
- Los Angeles
- Year built
- 1951
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1951
- Stories
- 2
- Building stories
- 0
- Levels
- Two
Bathrooms
- Full bathrooms
- 5
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Appliances
- Dishwasher, Dryer
- Flooring
- Wood
- Heating
- Central, Fireplaces
- Cooling
- Central Air
- Fireplace
- Dining Room, Family Room
- Furnishing
- Unfurnished
Exterior & parking
- Total parking spaces
- 0
- Parking
- Covered, Driveway
- Pool
- Above Ground
- Spa
- Heated
- Property outlook
- City Lights, Canyon
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Nestle Avenue Charter (school website, opens in a new tab) Los Angeles Unified · Tarzana | K–5 | 0.6 mi |
| Gaspar De Portola Charter Middle (school website, opens in a new tab) Los Angeles Unified · Tarzana | 6–8 | 1.3 mi |
| Wilbur Charter for Enriched Academics (school website, opens in a new tab) Los Angeles Unified · Tarzana | K–5 | 1.3 mi |
| Encino Charter Elementary (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 1.5 mi |
| Academy for Enriched Sciences (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 1.6 mi |
| Emelita Street Elementary (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 1.6 mi |
| Tarzana Elementary (school website, opens in a new tab) Los Angeles Unified · Tarzana | K–5 | 1.9 mi |
| Lanai Road Elementary (school website, opens in a new tab) Los Angeles Unified · Encino | K–5 | 1.9 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $3,990,000
- MLS-reported original asking price
- $3,990,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 21, 2026 21:57 | $3,990,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Encino
Active residential homes for sale in Encino, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
32 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 11:06 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗