Situated in the desirable Lake Balboa neighborhood, just moments from Encino, this spacious 5-bedroom, 3-bathroom residence offers approximately 2,366 square feet of versatile living space with an inviting indoor-outdoor layout. The living room features a wood-burning fireplace, natural light, and views of the backyard and heated swimming pool. The kitchen offers granite countertops, stainless steel appliances, ample cabinetry, and an adjoining dining area that connects to a separate family room, ideal for everyday living and entertaining. The floor plan features a private upstairs primary suite, while four additional bedrooms and two bathrooms are conveniently located on the main level. A dedicated laundry room provides additional functionality. The spacious backyard features a heated swimming pool and direct access from multiple living areas, creating a seamless connection between indoor and outdoor spaces. Additional features include an attached two-car garage and an expansive driveway with parking for multiple vehicles. Conveniently located near the Encino Farmers Market, Sepulveda Basin Recreation Area, Lake Balboa Park, local shopping, dining, and recreational amenities. The property is currently licensed as a 6-bed (RCFE), presenting an additional opportunity for buyers interested in such use, subject to applicable licensing requirements. A unique property offering generous living space, outdoor amenities, and versatile potential in a well-established Lake Balboa location.