6 Bed/5.75 Bath with 6,114 sqft on a massive lot size of 4.4 acres built in 1956 sold for $3,450,000 on June 5, 2012 in the Royal Oaks area of Encino. This home was originally listed on June 21, 2011 for $4,495,000 which sold roughly one year later and with a $1,045,000 price drop.
In the May-June 2012 issue of Our Ventura Blvd, "A Distinguished Legacy":
The home was originally developed and built in 1956 by the area’s biggest swimming pool contractor, Phil Anthony. Ms. MacClaine lived in the property in the late 1960s through the mid-1970s. She entertained extensively, hosting the Rat Pack’s Dean Martin and Sammy Davis, Jr., among others.
Also, this property has withstood development and remains in original form as nearby properties slowly sold off various parcels. However, this property could by subdivided as noted in the same article:The current owners say that one quiet Sunday afternoon, not too long after they purchased the property, “Shirley and a group of her friends roared up the driveway on motorcycles! She wanted to show them this great place where she had so many great memories.” While always welcome, the current owners subsequently installed the second security gate at the top of their driveway, thus ensuring maximum privacy.
The property actually touches four different streets: Woodvale, Woodley, Valley Vista and Clear Valley. At one point, it was slated for subdivision into as many as six to eight homes, with ingress off Valley Vista Boulevard. While that scenario was bypassed, there still exists the opportunity to divide a parcel for building another compound structure such as a studio, guesthouse or a completely separate residence.
From the listing:
You can view more San Fernando Valley Architecture and Real Estate here and Celebrity Real Estate here.Reminiscent of a classic old world Beverly Hills estate, this former Celebrity Owned Compound is nestled on 4.62 acres in Royal Oaks! This amazing one of a kind property is sequestered up a nearly 1000 foot drive & provides complete privacy. The monumental double gated property offers incredible sweeping views of the Valley. The expansive park like grounds are completed by a champion North South T/C w/ pavilion, oversized free form pool w/ amazing fountain, manicured grassy lawns & multiple open air patios, detached pool cabana w/ bath & an oversized veranda w/ fireplace. This exceptional 6100+ square foot residence radiates polished sophistication. Grand scale common rooms dominate the timeless floor plan & include a living room w/ fireplace, family room w/ wet bar & custom mantled fireplace, banquet sized formal dining room & an eat-in kitchen w/ Sub Zero, double oven & warming drawers. A two bedroom guest wing & gym complete the downstairs floor plan. The refined style is continued in the upstairs master retreat which offers a formal sitting room/office, two way fireplace, a covered terrazzo balcony & opulent bath w/ marble counters, spa tub & two person multi-head steam shower.
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| Images courtesy Prudential California Realty |
