Over $150,000 price decrease! Amazing opportunity to remodel into your dream home in prime Encino, south of Ventura Blvd., Royal Oaks adjacent. Featuring 4 BR 4.5 BA, formal and family living rooms, and dining room in over 4,000 SF on an over 8,000 SF flat lot. Architecturally-perfect home with vaulted wood-beam pitched 25-foot ceilings. Expansive backyard features an oversized pool/spa. Massive primary suite features wood-beam pitched ceiling, large backyard facing windows, his and her separate bathrooms with a sauna. Home boasts an ideal layout with a large flat lot, an excellent area of Encino, a well-known street, surrounded by $6-10mm homes. Lowest priced home on the block with significant potential. Located in the acclaimed Lanai School District, this home is moments away from chic dining and entertainment along the famed Ventura Blvd.