To find the value of \( y \) when \( x = 4 \) in the equation \( y = (x + 4)^2 - 5 \), we simply substitute \( x \) with 4.
\[ y = (4 + 4)^2 - 5 \]
First, calculate \( 4 + 4 \):
\[ 4 + 4 = 8 \]
Next, square 8:
\[ 8^2 = 64 \]
Then, subtract 5 from 64:
\[ 64 - 5 = 59 \]
So, when \( x = 4 \), the value of \( y \) is:
\[ \boxed{59} \]