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18423 Linnet, Tarzana, CA 91356

$2.9M7bd · 8ba · 5,358 sqft
Lot 16,335 sqft•Single Family Residence•
Active
•130d on market•MLS# SR-26039682

Property Description

Huge Price Reduction, Motivated Seller!! Gracefully set within a lush, garden-like setting offering exceptional privacy and tranquility, this custom-designed residence presents a rare opportunity for its next owner to elevate and personalize a truly special property. Blending classic architectural elegance with modern functionality, the home creates an ideal environment for both everyday living and refined entertaining. The main residence features 5 generously sized bedrooms and 4.5 well-appointed bathrooms. A thoughtfully designed layout includes formal living and dining rooms that provide an elegant setting for hosting. The chef’s kosher kitchen—complete with abundant cabinetry, ample prep space, and a charming breakfast nook—opens seamlessly to an expansive family room with a built-in bar, perfect for more relaxed gatherings. A versatile main-level room, currently utilized as an office, that doubles as an additional bedroom to accommodate a variety of lifestyle needs. Upstairs, four private bedroom suites offer comfort and privacy, including a primary suite featuring an oversized walk-in closet, a private balcony overlooking the grounds, and a spacious bathroom with a soaking tub and walk-in shower. Two secondary bedrooms include sitting areas and walk-in closets, ideal for extended family, guests, or flexible use, while an additional en-suite bedroom provides a welcoming retreat for visitors. The exterior grounds evoke the charm of a private estate. A picturesque brick façade accented with ivy sets the tone, while the expansive pool and spa create a resort-like atmosphere. Beyond the detached two-car garage, the property unfolds into a park-like setting with mature fruit trees and vibrant landscaping, offering a truly unique outdoor experience. At the rear of the property, a 1430-square-foot guest house provides exceptional versatility, complete with a full kitchen, living room, two bedrooms, and 2.5 bathrooms, ideal for extended family, guests, or potential income. This exceptional estate represents a rare blend of scale, character, and opportunity—offering a lifestyle defined by privacy, elegance, and enduring appeal.

Features & Amenities

FeeBuilt 1952

Property Details

Land Type
Fee
Year Built
1952
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Valley
City
Tarzana
Zip Code
91356
County
Los Angeles
Listed byBerkshire Hathaway HomeServices California Properties, Stephanie Payab

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$14,663.98
Principal & Interest
Loan Amount
$2,320,000
Total Interest
$2,959,032
Total Payment Over 30 Years
$5,279,032
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 4 closed

18423 Linnet, Tarzana, CA 91356

Tarzana · Single Family Residence

$2.9M
Luxury Tier
Beds
7
Baths
8
Sqft
5,358
Lot
16,335 sqft
Year
1952
$/Sqft
$541
Pool: Yes✓
Spa: Yes✓
View: Valley✓

Listed 14.3% below the median closed sale of $3,382,500. Price per sqft ($541) is a 16% discount to closed comps ($644). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.90M· $541/sqft
Total list price
Closed comps
vs closed median $3.53M
−$630K (−17.8%)
Active comps
vs active median $3.60M
−$695K (−19.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $723
−$182 (−25.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
19436 Hatteras StreetTarzana1964764,70516,699$627$2.95M5480
5242 Topeka DriveTarzana1956665,71418,407$629$3.60M16477
19641 Greenbriar DriveTarzana2026565,10015,346$979$5.00M13874
5157 Avenida OrienteTarzana2002674,59514,905$686$3.15M28174
5347 Amigo AvenueTarzana2022775,4009,398$694$3.75M9573
Total: 5 · Average6.26.45,102.814,951$723$3.69M146.4
Median5,100$3.60M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5266 Vanalden AvenueTarzana201910/05/2026565,57419,464$3.69M$3.53M$6330.9516772
4520 El Caballero DriveTarzana196105/28/2026654,69311,248$2.55M$2.47M$5260.978668
4101 Clarinda DriveTarzana198907/01/2026565,38039,363$3.50M$3.23M$6010.934352
19012 Dorlon DriveTarzana198409/11/2026565,63037,989$5.00M$4.61M$8180.927051
Total: 4 · Average5.35.85,319.2527,016$3.46M$3.46M$644.5—91.5
Median5,574$3.53M$3.53M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.