Los Angeles Megamansion With 100-Foot Waterfall Lists for Nearly $15 Million

The newly built Encino estate also has a rooftop terrace, retractable walls, and a 2,000-square-foot garage

V.L. Hendrickson | Mansion Global

A newly built Los Angeles megamansion, complete with a 100-foot, LED-lit waterfall, hit the market last week for a hair under $15 million.

Located in the neighborhood of Royal Oaks in Encino, the gated property offers seven bedrooms and 10 bathrooms over 13,000 square feet. The residence offers “quintessential California living featuring exceptional city views,” according to the listing with ​​Dennis Chernov of The Agency.

New development is rare in Royal Oaks, a “highly sought-after enclave in Encino,” Mr. Chernov said in an email. “This home was just completed in January of this year and sits on over half an acre of spectacular grounds.”

The home offers “floor-to-ceiling windows and pocket doors that blend the lines between indoors and out, and rich wood accents that make it feel warm and inviting,” he continued.

A living and lounge area is adjacent to the chef’s kitchen, which offers wine storage, a butler’s pantry and professional grade appliances. There are also formal living and dining rooms, plus a family room, a wet bar and a glass-enclosed office, the listing said.

There are five bedrooms on the second floor, including the main bedroom with a fireplace; a balcony with a firepit; and a walk-in closet with an accessories room. There are two additional en-suite bedrooms, one on the main floor and the other on the lower level.

Downstairs has a suite of amenities, including a home theater, fitness room, sauna and a 2,000-square-foot garage with room for six to eight cars, the listing said. There’s also a basketball court, a rooftop terrace with a firepit, an outdoor kitchen with bar seating, and an infinity pool and spa.

The waterfall starts at the pool and descends along the edge of the home’s entry, listing photos show. The LED lights bring a pop of color, and fire features give it added sparkle.

“I love that the elevator goes from the basement and all the way to the rooftop deck. It is a true entertainer’s home,” Mr. Chernov said.

The underlying property last traded in 2019 to a limited liability company for $2.56 million, according to records with PropertyShark.