Celebrity home in California lists for nearly $7 million after two decades of work

A high-end residential property in Encino, California, has been placed on the market with an asking price of $6.995 million following more than two decades of renovation work. The extended modernisation project transformed the property into a contemporary residence while maintaining its appeal as a luxury home in one of the region's most sought-after neighbourhoods.

Encino, situated in the Los Angeles area, is known for its upscale properties and serves as a residential hub for prominent figures in entertainment and business. Properties in the neighbourhood typically command premium prices due to their locations, amenities, and the calibre of existing residences in the area.

The listing represents a significant investment in residential real estate within the competitive California property market. The 21-year renovation timeline suggests a comprehensive approach to modernising the structure and updating its features to contemporary standards.

The property's entry into the real estate market comes as demand for luxury residential properties in established Los Angeles neighbourhoods remains robust among affluent buyers seeking premium homes with extensive customisation and upgrades.