14947 Rhinestone Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 2 bath
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Sherman Oaks, California 91403
This 1957 mid-century ranch presents a High-Potential Investment Opportunity, listed at $1,849,000—positioned above the $1,734,441 Fair Market Value. While the property requires modernization, its 4/10 Condition Rating is offset by a massive 18,661 sqft street-to-street lot and Panoramic Canyon Views. The home’s original character, including a dramatic stone fireplace, provides a unique foundation for value-add renovations. This property is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to customize a prime Stone Canyon asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14947 Rhinestone Drive Subject | $1,849,000* List Price | 3 | 2 | 2,560 | $678 | - |
A 15570 Briarwood Drive Sold | $1,400,000 | 3 | 2 | 1,895 | $739 | 0.8 mi |
B 4227 Van Nuys Boulevard Sold | $1,662,500 | 4 | 4 | 2,579 | $645 | 1.0 mi |
C 15515 Del Gado Drive Active | $1,999,000 List Price | 4 | 3 | 2,422 | $825 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957 and held by the same owner for over 55 years, the home is exceptionally well-maintained but dated. The kitchen features oak cabinetry and white tile countertops characteristic of a 25-30 year old renovation. While the interior is clean and functional, the property requires cosmetic updates to the kitchen and baths, and likely requires assessment of aging electrical and HVAC systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18661, living area = 2560.
The property boasts exceptional sweeping views of the canyon, valley, and mountains, providing a serene and high-value backdrop from its prime Stone Canyon location.
This custom 1957 California ranch features iconic architectural elements like a dramatic curved floor-to-ceiling stone fireplace, offering significant appeal for mid-century modern enthusiasts.
Offered for the first time in over 55 years, the home likely requires significant capital investment for renovations and system upgrades to meet modern buyer expectations.
The current configuration of only 1.75 bathrooms for a 2,560 square foot residence is below market standard for this price point and may necessitate a layout reconfiguration.
Custom 1957 mid-century California ranch set in one of Stone Canyon's most spectacular locations, with sweeping canyon, valley, and mountain views. Tucked away at the head of the canyon on a quiet, country-lane-like street, this stylish low-slung home features 3 bedrooms, 1.75 baths, an oversized living room with a dramatic curved floor-to-ceiling stone fireplace, a dining area, separate media/family room and roomy well-proportioned kitchen. The accessible street-to-street lot offers a huge deck, patios, and unforgettable views. Offered for the first time in more than 55 years, don't miss out on this terrific home in a friendly Sherman Oaks canyon neighborhood just minutes from Ventura Boulevard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,560 | 2,347 |
| Lot Size | 18,661 | 8,485 |
| Price | $1.85M | $1.81M |
| Price per sq ft | $722 | $827 |
| Built year | 1957 | 1956 |
| HOA | $0 | $0 |
| Days on market | 30 | 58 |
Jun 22, 2026
$1,849,000
Initial Listing