Deon Cole Pays $5.7 Million For Coveted Tennis Court Estate In L.A.

Actor Deon Cole paid $5.7 million for the custom tennis court estate in Encino (HILTON & HYLAND).

Actor-screenwriter Deon Cole, known for his role as Charlie Telphy on the ABC comedy Black-ish and the spin-off series Grown-ish, has bought a home in the San Fernando Valley region of Los Angeles for $5.7 million, according to real estate sources familiar with the deal.

front exterior of an italian villa-style tennis court estate in encino 3457 White Rose Way

The Italian villa-style home in Encino has more than 7,500 square feet of living space, seven bedrooms and nine bathrooms (HILTON & HYLAND).

The Italianate villa-style home, located on a hillside lot in the Encino neighborhood, measures more than 7,500 square feet with seven bedrooms, nine bathrooms, a media room, a wine cellar and an elevator, . Outside, the walled and gated estate pairs some of the best mountain and valley views in the area with a resort-style swimming pool, a spa and a championship tennis court.

modern dining room inside a custom encino home 3457 White Rose Way

Listing agent Paul Salazar of Hilton & Hyland had the custom home updated and staged to help it stand out in a competitive Encino market (HILTON & HYLAND).

The outdoor amenities, specifically the lighted tennis court, helped attract interest across greater Los Angeles, says estates director , who held the listing.

dining room inside an encino luxury home

In addition to a fresh coat of interior paint, the home was also staged (HILTON & HYLAND).

“This is one of the best view tennis courts in Los Angeles. Certain buyers only want a tennis court property, and we had buyers coming from all over the place who want a premier tennis court property such as this. Very few properties in Encino are on an acre with a tennis court and a view like this,” Salazar explains.

primary bedroom inside a custom encino home of deon cole

The custom estate takes in spectacular mountain and valley views (HILTON & HYLAND).

Before getting the listing, Salazar says the custom-built estate was “for sale by owner” and needed a lot of changes to help it stand out in an Encino market chock-full of new development. “The Encino market is full of new developments, and most of the inventory selling for over $4 million are brand new estates. Because of this, it’s a little tougher to sell something older because we’re competing with new development.”

view of the san gabriel mountains and san fernando valley from a luxury encino home

The Encino tennis court estate had been listed for $5.75 million (HILTON & HYLAND).

To attract today’s luxury homebuyer, Salazar had the interior repainted, replaced much of the hardware and had it staged. “The results were night-and-day from what it looked like before,” he adds.

patio space with trees and landscaping at an encino luxury home

The tennis court estate in Encino sits on more than an acre of grounds with a resort-style swimming pool and multiple patios (HILTON & HYLAND).

Like many prized pockets in Southern California, Encino has seen home prices soar to unprecedented heights over the last year, as well-heeled buyers have engaged in bidding wars for properties with ample space and amenities. In the 91436 ZIP Code, where Cole’s estate is located, the median sale price based on 27 sales in June rose to $2.021 million, according to CoreLogic. The median sale price for the entire neighborhood, based on 80 June sales, was $1.13 million, up 7.6% from the previous year.

resort-style backyard at an encino luxury villa-style home 3457 White Rose Way

Walls and tall hedges conceal the home’s resort-style backyard, which was a major selling point (HILTON & HYLAND).

Still, even in a hot area like Encino, the market can be price-sensitive. Salazar shares his expertise on how to create interest in highly competitive markets. “I deal with a lot of expired and cancel listings. Those homes usually take a little bit longer to sell, whether it’s the agent, the marketing, or the price. Some older homes take a little longer to sell. So, you need to take a little more time to update the property. Paint the kitchen cabinets, stage it and take a lot of photos—it’s not that hard to make a home more appealing for today’s buyer.”

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Author

Neal is the Chief Content Officer at Forbes Global Properties. A content strategist with more than a decade of experience in the sports, entertainment and real estate spaces he previously launched a sports real estate column and chronicled L.A.’s biggest home sales for the Los Angeles Times' award-winning “Hot Property” section.

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