
Sherman Oaks, California 91403
This Gated Mediterranean Estate is a Strong Value Opportunity, listed at $2,699,999—positioned below the $2,744,890 Fair Market Value by 1%. This valuation gap provides $44,891 in Instant Equity. While currently holding a Fair Condition Rating, the massive 4,847 sq ft layout features a unique private lower level with separate entrances and a luxurious primary retreat. Located in the Los Angeles Unified district, this property offers significant appreciation potential through cosmetic updates. It is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14659 Valley Vista Subject | $2,495,000* List Price | 5 | 5 | 4,847 | $543 | - |
A 3947 Sumac Drive Active | $1,995,000 List Price | 4 | 5 | 3,192 | $625 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this Mediterranean estate is well-maintained and move-in ready, but it retains its original finishes which are now nearly 25 years old. The kitchen and bathrooms feature honey-toned wood cabinetry, granite countertops, and tile work characteristic of the era. While the property is structurally sound and functional, it lacks recent renovations to meet modern luxury standards, placing it squarely in the 'Fair' category based on age and stylistic obsolescence.
Spanning nearly 4,850 sq ft, the home features a unique private level with separate entrances and multiple bonus rooms, ideal for a professional home studio, gym, or multi-generational living.
Situated in a coveted neighborhood with easy access to the 101 and 405 freeways, this gated estate is positioned near top-rated schools and premium shopping and dining.
The oversized primary suite offers a true sanctuary with vaulted ceilings, a private sitting area, dual walk-in closets, and a spa-style bathroom featuring a steam shower.
Built in 2000, the Mediterranean styling and finishes may require cosmetic modernization to meet the preferences of buyers seeking a more contemporary luxury aesthetic.
While the backyard offers 'room for a pool,' the absence of an installed swimming facility at this price point may be seen as a drawback for a 'resort-like' estate.
Gated Mediterranean estate home in coveted Sherman Oaks offers a grand entry with wrought iron staircase opening to a spacious, light-filled 5-bedroom, 4.5-bathroom living space with approximately 4,847 sq ft, soaring ceilings, and a versatile layout designed for both everyday living and entertaining. The large dining room and living room with fireplace flow seamlessly into a family room with a bar, fireplace, and balcony with retractable awning. The spacious kitchen with sitting area and center island provides a professional line of stainless-steel appliances, as well as ample cabinetry and workspace. Home offers a private level with separate entrances, complete with a guest room with full bathroom and walk-in closet, as well as two additional large bonus rooms, ideal for a media room, home studio, gym, or game room. Main level offers a sizeable bedroom with a full, private en-suite bathroom and walk-in closet. Upstairs features an open library, well-sized secondary bedrooms with walk-in closets outfitted with built-in shelving and cabinetry, and Jack-and-Jill bathroom. The oversized primary suite provides a private retreat with sitting area, vaulted ceilings, fireplace, dual walk-in closets, and a luxurious spa-style bathroom featuring dual sinks and steam shower. The resort-like backyard with covered terrace area designed for large-scale entertaining, grassy yard, and room for a pool is surrounded by lush and mature fruit trees providing privacy and prestige. Built with solid structure in a prestigious neighborhood, this home presents a fantastic opportunity for buyers to customize while building long-term value in a prime location with easy access to eateries and shopping, the 101 and 405 Freeways, top-rated schools, and parks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 5.0 | 3.0 | 76% |
| Square foot | 4,847 | 2,569.5 | 96% |
| Lot Size | 10,649 | 9,633 | 61% |
| Price | $2.50M | $1.91M | 74% |
| Price per sq ft | $515 | $827 | 4% |
| Built year | 2000 | 1954 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 170 | 4% |
Apr 21, 2026
$2,495,000
$2,699,999
-8% Price Drop
Initial Listing
Mar 26, 2026
$2,699,999
Initial Listing
Dec 17, 2019
$1,810,000
Public Record
Jul 27, 2004
$1,480,000
Public Record