5255 Amestoy, Encino, CA 91316
Single-family home
Sold August 2026
Listing Agent: Sahib Bhasin (DRE #02104287) · Listing Office: Pinnacle Estate Properties · Contact: 818-606-7266 · Bought with: Alexander Barad · Nourmand & Associates-HW · MLS #SR26136809 · Source: CRMLS
How this sale compares
5255 Amestoy sold for $6,500,000 in August 2026, 0.0% over its $6,499,999 list price, after 14 days on the market. That works out to $1,096 per square foot on 5,928 square feet. Across 168 closed sales in 91316 over the last 12 months, the median sold price is $1,000,000 and the median is $590 per square foot, 46% below this sale's $1,096.
| Quarter | Closed sales in 91316 | Median sold price |
|---|---|---|
| Q1 2026 | 14 | $1,087,500 |
| Q2 2026 | 82 | $1,112,500 |
| Q3 2026 | 68 | $922,500 |
| Q4 2026 | 4 | $770,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Encino · Homes for sale in 91316
Description
A truly rare offering in prestigious Amestoy Estates, this sprawling 1.5-acre ALL-FLAT corner lot presents one of the most exceptional development opportunities currently available in Encino. Surrounded by some of the area's most distinguished multi-million-dollar estates, this property offers endless possibilities for developers, investors, builders, and end-users seeking to create a legacy estate. The existing residence features a flexible floor plan with a first-floor bedroom and three spacious upstairs bedrooms overlooking the expansive park-like grounds. In addition, the property includes a substantial detached 1,620-square-foot guest house with soaring ceilings, a private entrance, and tremendous potential for extended family, guests, a home office, wellness retreat, or income-producing opportunities. What truly sets this property apart are the included plans for an approximately 28,000-square-foot luxury estate, offering buyers a significant head start toward creating a world-class custom residence. Buyers are advised to verify all plans, permits, development opportunities, and the potential for lot subdivision with the appropriate professionals and governmental agencies. Whether your vision is a private family compound, a multi-generational estate, multiple luxury residences, or an unparalleled resort-style retreat complete with expansive outdoor amenities, sports courts, guest accommodations, and entertainment spaces, the possibilities are virtually limitless. The property's flat topography, enormous frontage, and premier location provide an extraordinary canvas to bring your dream project to life. Ideally situated within walking distance to Ventura Boulevard's renowned dining, shopping, and entertainment, this is a once-in-a-generation opportunity to acquire one of Encino's most versatile and valuable development sites.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 5255 Amestoy
5343 Amestoy Avenue: Sold $10,000,000 · 7 bd · 8 ba · 9,550 sqft · Sep 2026 · 0.1 mi
Rodeo Realty | DRE #01892750
Buyer's agent: Federico Rolon, Compass | DRE #019095245355 Amestoy Avenue: Sold $3,900,000 · 6 bd · 6 ba · 4,707 sqft · Aug 2026 · 0.2 mi
Rodeo Realty | DRE #01344010
Buyer's agent: OUT OF AREA ARCADIA, OUT OF AREA OFFICE17319 Magnolia Boulevard: Sold $5,399,000 · 5 bd · 7 ba · 5,788 sqft · Sep 2026 · 0.3 mi
Real Brokerage Technologies Inc | DRE #02236373
Buyer's agent: Kristine Halverson, Compass | DRE #0173685417150 Burbank 23: Sold $725,000 · 2 bd · 3 ba · 1,870 sqft · Sep 2026 · 0.4 mi
Latitude Real Estate & Invest | DRE #01314546
Buyer's agent: Nicole Schlueter, Real Broker | DRE #017784585611 Wish Avenue: Sold $855,000 · 3 bd · 2 ba · 1,364 sqft · Oct 2026 · 0.4 mi
5534 Encino 204: Sold $560,500 · 2 bd · 2 ba · 1,256 sqft · Sep 2026 · 0.5 mi
JG Realty | DRE #01296828
Buyer's agent: Shannyn Johnson, Compass | DRE #0198112217336 Collins Street: Sold $1,505,000 · 4 bd · 3 ba · 1,936 sqft · Aug 2026 · 0.6 mi
Compass | DRE #01812676
Buyer's agent: Michael Farzad, Keller Williams Encino/Sherman Oaks | DRE #021872555741 Ostrom: Sold $1,750,000 · 4 bd · 3 ba · 2,251 sqft · Aug 2026 · 0.6 mi
Keller Williams Realty Calabasas | DRE #02119288
Buyer's agent: Jordan Bridges, Compass | DRE #02088172
Closed sales reported in 91316, nearest first, last 12 months. All recent sales in Encino →