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Active Under Contract
- Listed price
- $1,950,000
- Listed Sep 29, 2026 · $662/sq ft
- Last sold price
- No recorded sale
4 beds|4 ba|2,945 sqft|16,431 sqft lot|1952 Built|10 days listed
4317 Petit Ave, Encino, CA 91436
Property Description
SOUTH OF THE BOULEVARD OPPORTUNITY! First time on the market in over 50 years. This 3-bedroom, 4-bath home sits on an expansive 16,398 sq. ft. tiered lot with approximately 112 feet of frontage, offering exceptional potential for a builder, developer, or visionary buyer. The approximately 2,945 sq. ft. home features a large pool, basketball hoop, and covered cabana. Mature fruit trees enhance the upper level, with potential for a north-south pickleball court, garden retreat, or recreation area. Reimagine the property as a luxury estate and explore the potential for a two-story ADU. Prime Encino location south of Ventura Boulevard, close to Gelson's Market and the redevelopment of Encino Village at Ventura and Petit, creating a walkable future hub of restaurants and shops. Large lot. 112-foot frontage. Pool. Prime Encino location. Exceptional potential. Buyer to independently verify square footage, lot dimensions, zoning, development and ADU potential, and building requirements.
Listing agent: Kenneth MelcombeDRE #01115489kenny@kennymelcombe.com, Listing office: Sotheby's International Realty
MLS data updated 10/16/2026, 7:21:52 PM PT
Source: CRMLSMLS #: SR26212343
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$1,950,000
Sep 29, 2026
Available records12026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,950,000Original asking price · Sep 29, 2026ZIP 91436 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsSep 29, 2026 – Sep 29, 2026
ZIP 91436 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.