Recently Listed New Construction 5015 Otis Avenue
Tarzana, CA, 91356 $ 7,350,000
Bedrooms6 Baths7.1 Sq 8,215 Monthly Estimate*
$ 51,342
for $7,350,000 with 6 bedrooms and 7 full baths, 1 half bath. This 8,215 square foot home was built in 2024 on a lot size of 0.6684.
Welcome a stunning and spacious residence that epitomizes luxury living. This exquisite property boasts 6 bedrooms and 7.5 baths, spread across an impressive 8,215 square feet of meticulously designed living space. Situated on a sprawling 29,000 square feet lot, this home offers a rare blend of opulence and functionality. As you step inside, you'll be greeted by an abundance of natural light that effortlessly illuminates the open floor plan, creating a warm and inviting atmosphere throughout the home. The thoughtful design seamlessly integrates modern living with timeless elegance, providing the perfect backdrop for both relaxation and entertainment. The gourmet kitchen is a chef's dream, featuring top-of-the-line appliances, custom cabinetry, and exquisite finishes that elevate the culinary experience. Whether hosting intimate gatherings or grand celebrations, this kitchen is sure to impress even the most discerning of chefs. One of the standout features of this property is the detached ADU, providing additional flexibility for guest accommodations, a home office, or rental income potential. The half basketball court is a sports enthusiast's delight, offering the perfect space for friendly games or solo practice sessions. For movie enthusiasts, the dedicated movie theatre promises a cinematic experience in the comfort of your own home. Imagine enjoying your favorite films with family and friends in a private and luxurious setting. Step outside to discover a paradise of outdoor living, with a generous lot that includes lush landscaping, a half basketball court, and ample space for outdoor activities. The meticulous attention to detail extends to the outdoor areas, creating an oasis for relaxation and recreation .Every inch of this estate has been thoughtfully designed with premium finishes, from the flooring to the fixtures, ensuring a cohesive and elegant aesthetic. This residence is not just a home; it's a statement of refined living. Don't miss the opportunity to call 5015 Otis your home a place where luxury, comfort, and entertainment converge to create an unparalleled living experience. Schedule your private tour today and discover the epitome of sophisticated real estate.
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FeaturesGeneralInterior Features EntranceFoyer Loft WalkInPantry WalkInClosets
Sewer PublicSewer
Heating Central
Cooling CentralAir
Zoning LARA
HOA 0.0
Garage Spaces 3.0
Pool Features Heated Private
Year Built 2024
View Neighborhood
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Community Features StreetLights
County Los Angeles
New Construction Y
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Ventura Blvd South on Reseda Left on Otis
City Tarzana
Entry Location 0
View Y/N Y
Senior Community Y/N N
High School District Los Angeles Unified
Total Units 1
MLS Area TAR - Tarzana
Lot Size Square Feet 29117.0
Private Pool Y
Waterfront Y/N N
Carport Y/N N
Street Name Otis
Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional Contract
Spa Features Heated InGround Private
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 3
Structure Type House
Standard Status Active
Occupancy Description Owner
Year Built Source Builder
Tax Lot 93
Property Sub Type Additional SingleFamilyResidence
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ExteriorWater Source Public
Total Parking 3.0
Lot Size Area 29117.0
Spa Y
Lot Size Acres 0.6684
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features LivingRoom PrimaryBedroom
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 7
Half Baths 1
Street Suffix Avenue
Laundry Features LaundryRoom UpperLevel
Total Bedrooms 6
Below Grade Finished Area 0.0
Entry Level 0
Electric On Property Y/N N
Main Level Bedrooms 2
Main Level Bathrooms 3
Below Grade Finished Area Unit Type SquareFeet
Total Baths 8
Living Area Units SquareFeet
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $51,342
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Tarzana, CA
Average List Price $3,054,624
Percent of Sale Price 58%
About Tarzana, CA 29,207 Population
2% Since 2002
$ 68,781 Median Income
42.52 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4003522 Elementary School
4003523 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/16/2024 | $7,350,000 | | Listed Price |