Rare opportunity on Encino's most desirable street. WOODVALE ROAD has established the reputation as the most valuable neighborhood in the San Fernando Valley. Surrounded by multiple properties that have sold for $17- $20 million, this is your opportunity to create your own estate. Stroll the gorgeous tree lined streets. Enjoy the close proximity to Ventura Boulevard's retail and dining scene. Underbuilt development report notes the ability for an 8,500 sq. ft. home surrounded by mature trees which add allure and value. The prestige of adjoining the most expensive homes compels developers and owner-users alike to consider this tremendous opportunity. Easy access to exclusive private schools and one of the city's best public school districts (Lanai), Van Nuys private airport, Rams net training facility, convenient to El Caballero, Braemar and Mountaingate Country Clubs, 16055 Woodvale will be the next premiere estate.