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Sold for $2,050,000
  • Listed by: HomeSmart Evergreen Realty • Cari Pelayo • Contact: 661-568-6060
    Bought with: Compass
    $2,050,000

    1321 W Valleyheart Dr, Burbank, CA 91506

    3beds
    2,289sqft
    Single Family Residence
    Built in 1939
    8,987 Square Feet Lot
    $2,040,200 Zestimate®
    $896/sqft
    $6,663 Estimated rent

    Home value

    $2,040,200

    $1.86M - $2.24M

    $6,663/mo

    Zestimate® history
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    What's special

    Mature fruit treesTack roomReclaimed wood floorsCustom adobe residenceThick custom adobe walls
    3 BEDROOMS | 3 BATHROOMS | 3 FIREPLACES | 6 HORSE STALLS | TACK ROOM | CORRAL | DETACHED 2-ROOM OFFICE | MATURE FRUIT TREES — WRAPPED IN HOLLYWOOD HISTORY. This is authentic equestrian property in the heart of the highly sought-after Burbank Rancho neighborhood — just steps from the Mariposa Bridge with direct access to the Griffith Park bridle trail system — yet only minutes from major studios, dining, and everyday conveniences. A rare opportunity to saddle up in the morning and be at work, on set, or in a meeting within minutes. Built in the 1940s, this custom adobe residence captures the warmth and character of Old Hollywood charm. Reclaimed wood floors, thick custom adobe walls, and vaulted wood ceilings in the living room, primary suite, and guest ensuite create architectural richness that simply cannot be replicated. Three fireplaces — in the living room, library, and primary retreat — anchor the home with timeless ambiance and dramatic presence. The layout offers 3 bedrooms and 3 bathrooms, including 2 en-suites, blending historic character with functional living. The kitchen, library, and primary suite open directly onto a serene back porch where a fountain and mature trees create a private, retreat-like setting designed for both creativity and calm. Adding exceptional flexibility, a detached two-room office with private entrance offers the perfect setting for creative pursuits, remote business, or studio space— creating a seamless blend of living, working, and lifestyle. According to local lore and historical accounts, one of the early occupants was reportedly the sister-in-law of Walt Disney. It is said that moments of Hollywood history were penned within these walls — adding a layer of cinematic legacy to an already extraordinary home. Circular driveway and carport provide ample parking. Rarely does a property combine horses, heritage, architecture, and location in such a compelling way. Opportunities like this are few and far between. Schedule your showing now! 1321 Valleyheart Drive — where Rancho living meets Old Hollywood soul.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cari Pelayo DRE #01351500 818-415-3657,

    HomeSmart Evergreen Realty

    Bought with:

    Stephen Chetelat, DRE #02056095

    Compass

    Source: CRMLS,MLS#: SR26030706MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bonus Room, Foyer, Kitchen, Laundry, Library, Living Room, Primary Bedroom, Other, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Bidet, Bathroom Exhaust Fan, Bathtub, Dual Sinks, Jetted Tub, Low Flow Plumbing Fixtures, Separate Shower, Upgraded, Walk-In Shower
    Kitchen
    • Features: Tile Counters
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Beamed Ceilings, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Recessed Lighting, Tile Counters, Entrance Foyer, Primary Suite, Walk-In Closet(s)
    • Flooring: Brick, Tile, Wood
    • Windows: Blinds, Screens, Wood Frames
    • Has fireplace: Yes
    • Fireplace features: Den, Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,289 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Carport, Circular Driveway, Carport, Paved
    • Carport spaces: 2
    Accessibility
    • Accessibility features: Accessible Electrical and Environmental Controls
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Patio & porch: Rear Porch, Brick, Covered, Front Porch, Open, Patio
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 8,987 Square Feet
    • Features: Back Yard, Front Yard, Horse Property, Sprinklers Timer, Sprinkler System, Yard
    Details
    • Additional structures: Barn(s), Workshop, Corral(s)
    • Parcel number: 2443026023
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy efficient items: Thermostat

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Horse Trails, Stable(s), Storm Drain(s), Street Lights
    • Security: Prewired, Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights, Window Bars
    Location
    • Region: Burbank

    Financial & listing details

    • Price per square foot: $896/sqft
    • Tax assessed value: $807,356
    • Annual tax amount: $9,270
    • Date on market: 2/24/2026
    • Cumulative days on market: 8 days
    • Listing terms: Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/17/2026Sold$2,050,000+16.1%$896/sqft
    Source: CRMLS #SR26030706 Report a problem
    3/4/2026Pending sale$1,765,000$771/sqft
    Source: CRMLS #SR26030706 Report a problem
    2/24/2026Listed for sale$1,765,000+242.7%$771/sqft
    Source: CRMLS #SR26030706 Report a problem
    7/28/1998Sold$515,000$225/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,270 +3.3%$807,356 +2%
    2024$8,975 +1.1%$791,527 +2%
    2023$8,880 +4.7%$776,007 +2%
    2022$8,481 +0.5%$760,792 +2%
    2021$8,441 +1.1%$745,875 +1%
    2020$8,347 $738,228 +2%
    2019$8,347 +5.2%$723,754 +2%
    2018$7,938 $709,564 +2%
    2017$7,938 +2.1%$695,652 +2%
    2016$7,773 +3.3%$682,013 +1.5%
    2015$7,528 +2.3%$671,769 +2%
    2014$7,355 $658,611 +2.5%
    2012-- $642,781 +2%
    2011-- $630,178 +0.8%
    2010-- $625,469 -0.2%
    2009-- $626,956 +2%
    2008-- $614,664 +2%
    2007-- $602,613 +2%
    2006-- $590,798
    2005-- $590,798 +4%
    2004-- $567,859 +1.9%
    2003-- $557,452 +2%
    2002-- $546,522 +4%
    2000-- $525,300
    Find assessor info on the county website

    Neighborhood: Rancho

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,040,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,040,200