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Set behind a private gate on a quiet Encino street, 4938 Hesperia Ave is a brand new 2026 construction offering 5 bedrooms, 5.5 baths, and a media room across more than 4,300 sq ft on an over 7,000 sq ft lot. A natural rock façade, mature trees, and gated frontage create instant curb appeal, backed by a fully integrated security system. Inside, the design is warm and modern. White oak paneling flows through the entry, dining room, and great room, and large-format checker tile anchors the main living spaces. Imported Italian natural stone is showcased throughout, including Dover White marble in the kitchen and living room fireplace, and Calacatta Macchia Vecchia marble in the powder room, primary bathroom, and primary suite fireplace. Rich travertine further enhances the bathrooms, complementing the home’s timeless palette of natural materials. The kitchen is built to impress: custom white oak cabinetry, dual pantries, Fisher & Paykel appliances with an 8-burner range, and Graff fixtures. A custom bar with handcrafted zellige tile and Venetian plaster accents add character throughout. The main floor includes a bedroom plus a media room with wet bar and beverage cooler, perfect as a guest suite, office, or sixth bedroom option. Four bedrooms upstairs offer privacy and treetop-view balconies. Out back, enjoy a custom-tiled pool, built-in barbecue, outdoor dining, and space to lounge and entertain. Minutes from top schools including Crespi Carmelite, Ventura Boulevard dining, and everything Encino offers. New construction with craftsmanship you can feel.
Listing agent: Levon Arzumanyan DRE #01836944 LEVON.ARZU@GMAIL.COM, Listing office: The Agency
MLS data updated 10/16/2026, 8:07:23 PM PT
Source: CRMLS, MLS #: SR26208751
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 23, 2026
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
$3,395,000Original asking price · Sep 23, 2026ZIP 91316 · 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.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.
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.