15511 Woodcrest Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 3 bed, 2 bath
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Sherman Oaks, California 91403
This Gated Contemporary Sanctuary is a Prime Investment Opportunity listed at $1,499,000—positioned well below the $1,561,331 Fair Market Value by 3%. This valuation gap offers $62,331 in Instant Equity. Boasting a Condition Rating of 3, the turnkey home features a Chef’s Kitchen, Saltwater Pool with a cascading waterfall, and a Large 11,856 Sqft Lot in the coveted Royal Woods neighborhood. Located near top-rated schools in the Los Angeles Unified District, this is an ideal match for Lifestyle Buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15511 Woodcrest Drive Subject | $1,499,000* List Price | 3 | 2 | 1,620 | $988 | - |
A 15570 Briarwood Drive Sold | $1,400,000 | 3 | 2 | 1,895 | $739 | 0.2 mi |
B 3920 Stone Canyon Avenue Sold | $1,680,000 | 3 | 3 | 1,859 | $904 | 0.7 mi |
C 14905 Jadestone Drive Sold | $1,535,000 | 3 | 2 | 1,947 | $788 | 0.9 mi |
D 14878 Round Valley Drive Sold | $1,817,500 | 3 | 2 | 2,000 | $909 | 1.0 mi |
E 3629 Loadstone Drive Sold | $1,660,000 | 3 | 2 | 1,908 | $870 | 0.8 mi |
F 14650 Lacota Place Sold | $1,675,000 | 3 | 2 | 2,028 | $826 | 1.0 mi |
G 15440 Dickens Street Active | $1,795,000 List Price | 3 | 3 | 1,956 | $918 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition and has been meticulously maintained. While originally built in 1956, it features significant updates including a chef's kitchen with granite countertops and stainless steel appliances, hardwood flooring, and modern French doors. The kitchen cabinetry and bathroom finishes reflect a high-quality renovation likely completed within the last 10 to 15 years, which fits the 'good' criteria. The exterior, including the saltwater pool and interlocking paved driveway, is also well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11856, living area = 1620.
The property features a resort-style backyard oasis complete with a saltwater pool, a dramatic cascading waterfall, and multiple private patios, offering a premier space for relaxation and entertaining.
Situated on a gated, private cul-de-sac in the coveted Royal Woods neighborhood, the home provides excellent seclusion while maintaining easy Westside access and proximity to Ventura Boulevard’s amenities.
At 1,620 square feet, the interior living space may feel somewhat constrained for buyers expecting a larger footprint within this price bracket in Sherman Oaks.
With only two bathrooms serving three bedrooms plus a bonus office/gym space, the layout may present a challenge for larger families or high-occupancy households.
This gated, contemporary 3-bed, 2-bath home is located in a private cul-de-sac in the coveted Royal Woods neighborhood of Sherman Oaks. The turnkey home has been thoughtfully designed and meticulously maintained by its dedicated owner. The living and dining rooms feature a slate entryway and warm, hardwood floors complimented by an exposed, natural wood-beam ceiling, with integrated skylights, offering an abundance of natural light. Modern French doors throughout, offer more light and a seamless transition to the entertainer’s backyard; a tranquil retreat that hosts a dramatic, cascading waterfall, saltwater pool, and mature landscaping. The chef’s kitchen, designed for functionality and style, has granite countertops, light-wood cabinetry, stainless appliances, recessed lighting, and a built-in wine rack. The adjoining breakfast nook features a unique built-in fireplace integrated into a large, concrete-finished wall. The primary bedroom suite offers a warm, inviting palette and transitions effortlessly to the poolside patio. The primary bath features granite countertops, a granite-wrapped tub, and an expansive, natural-stone walk-in shower. There is a second, well-appointed bathroom and two secondary bedrooms; both share a private patio, finished with a wooden-framed bamboo fence and flagstone pavers. The home also boasts a bonus room (office/gym), utility room, 2-car attached garage, a large car-port , extra storage room, and interlocking, paved driveway. Easy Westside access and proximity to top-rated private and public schools, local parks, the Sherman Oaks Galleria and Fashion Square malls, and the best dining, shopping, and entertainment options of Ventura Blvd.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,620 | 2,526.5 | 12% |
| Lot Size | 11,856 | 9,094.5 | 76% |
| Price | $1.50M | $1.85M | 20% |
| Price per sq ft | $925 | $827 | 78% |
| Built year | 1956 | 1954 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 152 | 6% |
Apr 8, 2026
$1,499,000
Initial Listing