5053 Aldea Avenue On the market for the first time in 50 years, this classic single-story ranch residence in prime Amestoy Estates sits on an expansive 17, 790 sq ft lot and offers 2, 235 sq ft of living space, surrounded by multi-million-dollar estates. Deeply set back from the street behind a dramatic circular driveway and framed by mature trees, the property delivers exceptional privacy and presence. Inside, the flexible layout features three bedrooms plus an office, two bathrooms, a welcoming living room with wet bar and fireplace, and a spacious family room highlighted by a brick fireplace, vaulted beamed ceilings, and skylights that fill the home with natural light. The kitchen and adjacent dining area showcase large picture windows overlooking the lush rear grounds, seamlessly blending indoor and outdoor living. The grounds are a true highlight, offering striking curb appeal and a park-like setting with grassy areas, newer pavers, bougainvillea hedges, and a sparkling swimmer’s pool. Whether reimagined through renovation or transformed into a custom luxury estate with ADU potential, the property presents a rare canvas with endless possibilities. Just a short stroll from Encino Commons, top dining, and shopping, this is a rare opportunity to create a dream compound in one of Encino’s most coveted neighborhoods.