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14878 Round Valley Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 2 bath

14878 Round Valley Drive, Sherman Oaks, California 91403 home-pic-0
ACTIVE$1,812,000
14878 Round Valley Drive, Sherman Oaks, California 91403
3Beds
2Baths
1,970Sqft
13,045Lot
Year Built
1941
Close
-
List price
$1.81M
Original List price
$1.92M
Price/Sqft
$920
HOA
-
Days on market
-
Sold On
-
MLS number
25512387
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s), Trees/Woods
Patio
ViewCity Lights,Mountain(s),Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.81M(33th), sqft - 1970(24th), beds - 3(38th), baths - 2(29th).

If you love VIEWS, PRIVACY & USABLE LAND, this is the home for YOU! Welcome to this warm & wonderful 3 bedroom, 2 bathroom Spanish-style residence set in the prestigious hills of Sherman Oaks. Perched high on a 13,410 sq ft lot, this special home offers SWEEPING CITY & MOUNTAIN VIEWS WITH RARE & UNPARALLED PRIVACY. Classic details include hardwood floors, two fireplaces, and a wonderful, light filled cook's kitchen that flows to an enormous and ENTIRELY PRIVATE terra cotta terrace with breathtaking VIEWS in all directions! The expansive backyard WITH SWEEPING VIEWS backs up to protected open space parkland and offers a rare opportunity to create a custom, extremely private retreat with space for a pool, cabana, and ADU (plans included). Versatile lower-level suite, previously with a private entrance and kitchenette (and easy transition back) is ideal for guests or extended family. Spacious 2 car garage. This special home is just a few steps to the spectacular Deervale Trail and is close to everything! CALIFORNIA LIVING AT IT'S BEST!

Price History

Date
Event
Price
08/16/25
Price Change
$1,812,000
03/20/25
Listing
$1,924,000
Condition Rating
Good
Despite being built in 1941, this property presents as move-in ready with no immediate renovations required. The kitchen features updated stainless steel appliances, dark shaker-style cabinets, white countertops, and a farmhouse sink, suggesting a renovation within the last 5-15 years. Hardwood floors throughout most of the home are well-maintained, and recessed lighting indicates electrical updates. While the bathrooms are not clearly pictured, the overall condition of the visible areas suggests a well-maintained home with functional systems and minimal wear and tear, aligning with the 'Good' condition criteria for an older property that has undergone significant updates.
Pros & Cons

Pros

Panoramic Views & Unparalleled Privacy: The property offers sweeping city and mountain views, enhanced by its elevated position and backing onto protected open space, ensuring rare and exceptional privacy.
Significant Expansion Potential: Includes plans for an ADU, pool, and cabana, presenting a rare opportunity for buyers to customize and expand the property into a luxurious private retreat.
Generous & Usable Lot Size: Perched high on a substantial 13,410 sq ft lot, providing ample usable land for outdoor living, landscaping, and the proposed additions, a premium in hillside locations.
Flexible Lower-Level Suite: A versatile lower-level suite with potential for a private entrance and kitchenette offers ideal accommodations for guests, extended family, or potential rental income.
Prime Sherman Oaks Location & Classic Appeal: Situated in the prestigious hills of Sherman Oaks, offering proximity to the Deervale Trail and local amenities, complemented by charming Spanish-style architecture and classic interior details.

Cons

Age of Construction: Built in 1941, the property may require updates to major systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as having been modernized, potentially leading to future costs.
Recent Price Reduction: The current list price is a reduction from the original, which could suggest the property was initially overpriced or has faced market resistance, potentially indicating a perceived value gap.
Limited Bathroom Count: With 3 bedrooms and nearly 2000 sq ft, only 2 bathrooms might be considered a lower ratio for a property in this price bracket, which could be a drawback for some buyers seeking more modern amenities or family functionality.

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