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15020 Encanto Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 4 bath

15020 Encanto Drive, Sherman Oaks, California 91403 home-pic-0
ACTIVE$2,550,000
15020 Encanto Drive, Sherman Oaks, California 91403
5Beds
4Baths
4,222Sqft
7,934Lot

Price Vs. Estimate

The estimated value ($1,969,399.94) is $580,600.06 (22%) lower than the list price ($2,550,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Sherman Oaks Location: Situated 'South Of The Boulevard' in the heart of Sherman Oaks, a highly desirable and prestigious area known for its amenities and community.
Top Cons:
Significant Overpricing Indication: The current list price of $2.55M is 22% above the property's estimated value of $1.969M, suggesting it may be significantly overpriced compared to market data.

Compared to the nearby listings

Price:$2.55M vs avg $2.10M (+$445,000)72%
Size:4,222 sqft vs avg 2,699.5 sqft87%
Price/sqft:$604 vs avg $81016%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, this property has undergone significant updates, particularly evident in the kitchen with granite countertops and stainless steel appliances, and at least one bathroom which features a modern freestanding tub, glass shower, and contemporary vanity. While some elements like the wood laminate flooring and traditional window treatments suggest not every area has been fully renovated to the latest standards, the key areas (kitchen and a primary bathroom) are move-in ready and well-maintained, aligning with a 'good' condition score.
Year Built
1990
Close
-
List price
$2.55M
Original List price
$2.79M
Price/Sqft
$604
HOA
-
Days on market
-
Sold On
-
MLS number
SR25090840
Home ConditionGood
Features
Good View: None
Deck
Spa
View-

About this home

Gorgeous Modern Mediterranean Home In the heart of Sherman Oaks South Of The Boulevard near Valley Vista & Beverly Glen! Amenities include: 2 story floorplan w/5BR + 4.5BA; over 4200 SQF of space; formal entry; living room w/fireplace; separate family room w/fireplace + wet bar for entertaining; upgraded, eat-in kitchen w/granite countertops + stainless steel appliances (refrigerator, stove, double ovens, dishwasher, microwave + trash compactor provided); formal dining room; primary bedroom w/en-suite offers fireplace, wet bar + access to balcony; additional bedroom w/en-suite + walk-in closet; laundry in garage w/washer + dryer provided; central heat + air; recessed lighting; vaulted ceilings; wood laminate + ceramic tile flooring throughout; backyard w/spa; mountain views; gardening service provided; 2 car garage w/auto opener + driveway for parking;

Condition Rating
Good
Built in 1990, this property has undergone significant updates, particularly evident in the kitchen with granite countertops and stainless steel appliances, and at least one bathroom which features a modern freestanding tub, glass shower, and contemporary vanity. While some elements like the wood laminate flooring and traditional window treatments suggest not every area has been fully renovated to the latest standards, the key areas (kitchen and a primary bathroom) are move-in ready and well-maintained, aligning with a 'good' condition score.
Pros & Cons

Pros

Prime Sherman Oaks Location: Situated 'South Of The Boulevard' in the heart of Sherman Oaks, a highly desirable and prestigious area known for its amenities and community.
Generous Living Space & Layout: Over 4,200 sqft with 5 bedrooms and 4.5 bathrooms, featuring a 2-story floorplan, formal living/dining, and a separate family room with a wet bar, ideal for entertaining.
Upgraded Kitchen with Appliances: A well-appointed, eat-in kitchen boasting granite countertops and a full suite of stainless steel appliances, including double ovens and a trash compactor.
Outdoor Spa & Mountain Views: The property offers a backyard with a spa and mountain views, providing excellent outdoor relaxation and aesthetic appeal, complemented by provided gardening service.
Comfort & Modern Amenities: Equipped with central heat and air, recessed lighting, vaulted ceilings, and multiple fireplaces, ensuring comfort and a contemporary feel.

Cons

Significant Overpricing Indication: The current list price of $2.55M is 22% above the property's estimated value of $1.969M, suggesting it may be significantly overpriced compared to market data.
Dated Flooring Choices: The presence of 'wood laminate + ceramic tile flooring throughout' may not align with the preferences of all luxury buyers who often seek natural hardwood or more contemporary flooring options.
Age Relative to Newer Comps: Built in 1990, the property is older than some recently sold or active comparable listings (e.g., 2014, 2015, 2024 builds), which could necessitate more immediate updates to compete with newer construction.

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