
Sherman Oaks, California 91423
This custom-built Ojai Spanish retreat is a Strong Value Opportunity, listed at $2,699,000—positioned well below the $2,894,112 Fair Market Value by 6%. This valuation gap provides $195,112 in Instant Equity. Boasting an Excellent Condition Rating, the home features a renovated primary suite, chef’s kitchen, and panoramic valley views. With access to top-rated elementary schools like Warner Avenue, this property balances luxury living with financial upside. It is an ideal acquisition for Owner-Occupants or luxury lifestyle buyers seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13551 Cheltenham Drive Subject | $2,699,000* List Price | 4 | 4 | 3,582 | $808 | - |
A 3917 Murietta Avenue Sold | $1,980,000 | 3 | 3 | 3,535 | $560 | 0.4 mi |
B 4616 Ventura Canyon Avenue Active Under Contract | $2,550,000 List Price | 4 | 4 | 3,085 | $827 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has undergone extensive recent renovations within the last 5 years, specifically in the kitchen and bathrooms. The listing features a brand-new primary bathroom suite, a high-end updated kitchen, and modern amenities like a sauna and hot tub. The custom architectural details, such as exposed wood beams and wrought-iron work, are paired with virtually new finishes and no signs of deferred maintenance, meeting the criteria for an excellently maintained and updated residence.
Elementary School: Warner Avenue Elementary School (9/10).
This 2003 custom-built home features a refined Ojai Spanish aesthetic with high-end finishes, including a recently renovated primary suite and kitchen that blend timeless elegance with modern luxury.
Positioned to capture sweeping panoramic valley views, the property offers a rare level of tranquility and seclusion in the heart of Sherman Oaks, complemented by serene outdoor living spaces including a hot tub and sauna.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While some local elementary schools are highly rated, the assigned middle schools show significantly lower performance scores, which may be a concern for education-focused families.
Given the hillside location and focus on panoramic views, the 7,710 square foot lot may lack the expansive flat lawn area often desired by buyers at this price point.
Welcome to 13551 Cheltenham Drive. Inspired by a refined Ojai Spanish aesthetic, this custom-built 2003 residence blends timeless elegance with white stucco walls, a red-clay tile roof, wrought-iron detailing, and graceful arched doorways, all bathed in extraordinary natural light. Spanning 3,582 square feet, the 4-bedroom, 4-bath home also offers approximately 700 square feet of additional storage and an expansive three-car garage with direct access, set against sweeping valley views with exceptional privacy. An immediate sense of calm greets you upon entering the grand great room, where soaring ceilings, exposed wood beams, and an open-concept design seamlessly connect the living spaces. The thoughtfully updated kitchen flows effortlessly into the dining area and a charming library nook, creating an inviting atmosphere for both everyday living and entertaining. Recent kitchen and bathroom renovations introduce refined finishes throughout, highlighted by a brand-new primary bathroom suite and an exceptional walk-in closet designed as a true retreat. Indoor-outdoor living unfolds with ease, as patios open to serene outdoor spaces complete with a hot tub and sauna perfect for relaxing while taking in the tranquil surroundings. A rare offering that artfully combines architectural character, modern enhancements, breathtaking views, and complete privacy in the heart of Sherman Oaks.
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-5 • 2.6 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 3,582 | 2,311 | 77% |
| Lot Size | 7,710 | 7,496 | 56% |
| Price | $2.70M | $1.73M | 75% |
| Price per sq ft | $753 | $814 | 29% |
| Built year | 2003 | 1951 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 177 | 7% |
Mar 4, 2026
$2,699,000
Initial Listing
Jul 29, 2020
$2,000,000
Public Record
Jun 1, 2017
$1,820,000
Public Record
Jul 16, 2013
$1,905,000
Public Record
Oct 22, 2010
$1,440,000
Public Record