Just leased in Encino: 4940 Hesperia Ave, a brand new 2026 construction estate set behind a private gate, leased at $19,500 a month. This 5-bedroom, 5.5-bathroom home is one of the finest new builds to come to market in Encino this year.
Property highlights:
- Leased at $19,500/month, a two-year term
- 5 beds, 5.5 baths, 4,323 sq ft
- Brand new 2026 construction, gated, with integrated security
- Media room with wet bar, plus a main-floor bedroom
- Chef's kitchen: custom white oak cabinetry, dual pantries, Fisher & Paykel appliances with an 8-burner range
- Italian marble and travertine throughout, custom bar with handcrafted zellige tile
- Custom-tiled pool, built-in barbecue, and outdoor dining out back
- Treetop-view balconies off the upstairs bedrooms
A note on this one: we brought this home to market two ways, for sale and for lease, because a home like this deserves the widest possible audience. The lease is what landed first: full asking rent, a two-year term, and tenants who get to be the very first to live in a brand new home. For my client, that is real income now and every option still open later, and that is exactly how a listing should work for the person who owns it. I love what I do, and I will keep putting my best foot forward for my clients at every step of the way.
Congratulations to my client, and welcome to Encino to the new tenants.
Minutes from Crespi Carmelite, Ventura Blvd dining, and everything Encino offers.
Contact Encino Realtor Stephen White, Christie's International Real Estate, at 310.701.9747 to talk about leasing or selling your home in the Valley.
Get the next market breakdown first
Weekly luxury market notes for Calabasas, Hidden Hills, and the Westside. No spam, unsubscribe anytime.
Stephen White, Luxury Estates Director, Christie's International Real Estate Southern California, 310.701.9747, whiteluxuryhomes.com
[email protected] | DRE: 01527644
