15020 Encanto Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 5 bath

15020 Encanto Drive, Sherman Oaks, California 91403 home-pic-0
ACTIVE$2,441,000
15020 Encanto Drive, Sherman Oaks, California 91403
5Beds
5Baths
4,222Sqft
7,934Lot

Price Vs. Estimate

The estimated value ($2,441,000) is $0 (0%) lower than the list price ($2,441,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated 'South of the Boulevard' in a 'coveted Sherman Oaks location,' offering a desirable blend of privacy and convenient access to Ventura Boulevard's shops, restaurants, and cafes.
Top Cons:
Significant Price Reductions: Multiple price drops from an original list price of $2.595M to $2.441M indicate potential initial overpricing or challenges in attracting buyer interest at previous price points.

Compared to the nearby listings

Price:$2.44M vs avg $2.10M (+$336,000)67%
Size:4,222 sqft vs avg 2,699.5 sqft87%
Price/sqft:$578 vs avg $81011%

More Insights

Built in 1990 (35 years old).
Condition: The property, built in 1990, has undergone significant updates that make it move-in ready. The kitchen features stainless steel appliances, granite countertops, and dark wood cabinetry, suggesting an update within the last 10-20 years. The main bathroom is more recently updated with a modern freestanding tub, a glass-enclosed shower, and a contemporary vessel sink vanity, likely within the last 5-15 years. Throughout the home, there's a mix of well-maintained tile and hardwood flooring, recessed lighting, and plantation shutters, indicating consistent upkeep and modernization efforts. While some elements like the ornate fireplace mantel or the wet bar style reflect an earlier renovation aesthetic, the critical areas are functional and aesthetically pleasing, requiring no immediate major renovations. This aligns with the 'good' score criteria for a property extensively renovated within the last 5-15 years.
Year Built
1990
Close
-
List price
$2.44M
Original List price
$2.6M
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
25572995
Home ConditionGood
Features
Good View: Canyon
ViewCanyon

About this home

Spacious 5-Bedroom Retreat in Prime Sherman Oaks. South of the Boulevard. Tucked away in one of Sherman Oaks' most desirable neighborhoods, this expansive 5-bedroom, 4.5-bathroom residence offers the perfect blend of privacy, space, and location. Boasting an impressive footprint, this home features multiple living areas including a formal living room, family room, dining room, and a versatile bonus room ideal for a home office, screening room, or playroom. With generous proportions throughout, there's room for everyone and everything. The layout is perfect for both entertaining and everyday living, with seamless indoor-outdoor flow and an abundance of natural light. Enjoy the quiet, tucked-away setting while being just moments from Ventura Boulevard's best shops, restaurants, and cafes. This is a rare opportunity to live in a truly large, private home in a coveted Sherman Oaks location. (Some photos have been virtually staged)

Condition Rating
Good

The property, built in 1990, has undergone significant updates that make it move-in ready. The kitchen features stainless steel appliances, granite countertops, and dark wood cabinetry, suggesting an update within the last 10-20 years. The main bathroom is more recently updated with a modern freestanding tub, a glass-enclosed shower, and a contemporary vessel sink vanity, likely within the last 5-15 years. Throughout the home, there's a mix of well-maintained tile and hardwood flooring, recessed lighting, and plantation shutters, indicating consistent upkeep and modernization efforts. While some elements like the ornate fireplace mantel or the wet bar style reflect an earlier renovation aesthetic, the critical areas are functional and aesthetically pleasing, requiring no immediate major renovations. This aligns with the 'good' score criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Location: Situated 'South of the Boulevard' in a 'coveted Sherman Oaks location,' offering a desirable blend of privacy and convenient access to Ventura Boulevard's shops, restaurants, and cafes.
Exceptional Space & Layout: An 'expansive 5-bedroom, 4.5-bathroom residence' with an 'impressive footprint' and 'generous proportions throughout,' providing ample room for large families and diverse living needs.
Versatile Living Areas: Features multiple distinct living areas including a formal living room, family room, dining room, and a 'versatile bonus room' adaptable for a home office, screening room, or playroom.
Privacy and Quiet Setting: Described as 'tucked away' in a 'quiet, tucked-away setting,' offering a private and serene residential experience despite its proximity to urban amenities.
Indoor-Outdoor Flow & Natural Light: Boasts 'seamless indoor-outdoor flow' and an 'abundance of natural light,' enhancing the home's open feel and suitability for entertaining and everyday living.

Cons

Significant Price Reductions: Multiple price drops from an original list price of $2.595M to $2.441M indicate potential initial overpricing or challenges in attracting buyer interest at previous price points.
Virtually Staged Photos: The disclosure 'Some photos have been virtually staged' suggests that the actual condition or current presentation of the home might differ, potentially setting different expectations for in-person viewings.
Lack of Mentioned Modern Updates: While spacious, the description does not highlight recent renovations or modern upgrades to key areas like the kitchen or bathrooms, which might be expected for a 1990-built home at this price point, potentially indicating a need for future investment.

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