4550 Gable Dr, Encino, CA 91316

Description

LEASE OPTION TO BUY! An exceptional opportunity to own a magnificent Tuscan-inspired mansion in the prestigious Encino Hills, offering ultimate privacy, security, breathtaking 360-degree panoramic views, and outstanding investment potential! Privately situated behind secure gates and a long driveway, this impressive estate sits on approximately half an acre, featuring five spacious bedrooms, five bathrooms, a three-car garage, and ample additional parking. Designed for luxurious California living, the residence showcases a grand entrance, an expansive open floor plan, soaring ceilings, and an abundance of natural sunlight throughout, creating a bright, airy, and inviting atmosphere. Elegant architectural details, exposed wood beams, rich hardwood and travertine flooring, and multiple fireplaces add warmth, sophistication, and timeless character. Three bedrooms are conveniently located on the main level, while the upper level features two generously sized bedrooms, including an expansive primary suite offering privacy and comfort. The spectacular great room boasts approximately 18-foot ceilings, creating an impressive sense of openness and grandeur, with seamless indoor-outdoor flow. The gourmet chef's kitchen is equipped with premium Viking appliances, a six-burner range with an oversized griddle, double ovens, built-in refrigeration, a farmhouse sink, and generous space for entertaining. Expansive glass doors open to a spectacular resort-style backyard featuring a sparkling pool, spa, outdoor kitchen with Viking grill, and breathtaking panoramic views of the surrounding hills, valley, and city lights. Whether hosting unforgettable gatherings, enjoying peaceful evenings, or embracing the ultimate Southern California lifestyle, this remarkable estate offers an exceptional combination of luxury, comfort, privacy, and entertainment. An outstanding opportunity for families, investors, and developers alike! Perfect for families seeking a spacious, private, and secure luxury residence with abundant natural light, an open layout, and resort-style amenities, this exceptional property also presents tremendous potential for investors and developers looking to renovate, modernize, customize, and significantly enhance its value. With its impressive scale, desirable location, distinctive architectural character, and spectacular views, the estate offers exciting possibilities for both luxurious residential living and value-add investment. Beyond its exceptional residential appeal, the property also presents a unique business opportunity for qualified healthcare operators. Currently utilized as a six-bed residential substance use disorder recovery and treatment facility, the property has an associated California Department of Health Care Services (DHCS) licensing opportunity available separately for $250,000, subject to DHCS approval, applicable change-of-ownership requirements, and all necessary regulatory approvals. Whether envisioned as a magnificent private residence, a value-add investment, or a potential residential recovery and treatment operation, this extraordinary Encino Hills estate offers remarkable versatility, exceptional potential, and multiple possibilities for its next owner. LEASE OPTION TO BUY AVAILABLE! A RARE OPPORTUNITY NOT TO BE MISSED!