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Welcome to 16145 High Valley Place a once-in-a-generation offering in the heart of Encino's coveted Royal Oaks. Set at the end of a private cul-de-sac behind gates, this nearly 1-acre parcel (42,795 sq ft) presents an unmatched canvas for visionary builders and estate seekers alike. The property allows up to ~13,299 SF addition/remodel or up to ~15,958 SF brand new construction. Current residence is 4,616 SF and a full-size tennis court, situated on a broad flat pad. Whether you're building new, expanding, or repositioning for resale, the value lies in the land, location, and entitlement potential. Comparable new estates nearby have sold in the $15M-$18M range. Whether you're a seasoned developer or end-user looking to create generational wealth and lifestyle, this is the lot that rarely hits the market.
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