15656 Crownridge Place, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 6 bath
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15656 Crownridge Place
Sherman Oaks, California 91403
ACTIVE
CONDITION: FAIR
5Beds
6Baths
4,988Sq Ft
19,315Lot Size
Property Price
LIST PRICE$3,995,000
EST. MARKET VALUE
$3,923,250
SUMMARY
This 5,000 sq ft Single Family Residence represents a High-Potential Investment Opportunity, listed at $3,995,000—positioned slightly above the $3,923,250 Fair Market Value. While the property requires modernization, its Fair Condition Rating is offset by a massive 19,315 sq ft lot featuring a private tennis court, pool, and hillside views. This Royal Woods estate offers significant upside for those looking to renovate a grand, gated asset. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a luxury estate in a premier location.
Estimated Market Value
$3,923,250
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15656 Crownridge Place Subject | $3,995,000* List Price | 5 | 6 | 4,988 | $787 | - |
A 3690 Crownridge Drive Active | $2,799,000 List Price | 5 | 5 | 3,574 | $783 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, this estate is functional and 'move-in ready' but significantly dated. The wet bar and laundry room show original or 30+ year old finishes, and the tennis court requires resurfacing. While the structure is grand, the property needs substantial cosmetic updates and likely system modernizations to meet modern luxury standards, especially considering the use of AI-enhanced photography to mask interior age.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Outdoor Amenities
The nearly 20,000 sq ft lot features a private tennis court, pool, and an elevated flat pad, providing rare recreational versatility and hillside views in a secluded setting.
- Prestigious and Private Location
Situated in the sought-after Royal Woods area of Sherman Oaks, this gated estate offers high-end privacy while maintaining a convenient 10-minute proximity to the Westside.
- Expansive Entertaining Layout
With 5,000 sq ft of living space, soaring ceilings, and a wet bar that flows to the outdoor area, the home is perfectly designed for large-scale hosting and luxury living.
CONSRISKS & DEFICIENCIES
- Reliance on AI Enhancement
The listing notes that interior rooms have been enhanced using AI, which may indicate that the actual finishes are dated or do not currently reflect the aesthetic presented in marketing materials.
- Potential for Modernization
Built in 1977, the property may require significant capital investment to update its systems and cosmetic features to meet contemporary luxury standards, despite the recent price reduction.
About 15656 Crownridge Place
Fantastic new price on this spectacular private gated 5000 sq ft 5 bedroom Tennis Court estate located in the sought after Royal Woods of Sherman Oaks. Fabulous bright home with 6 baths, and an open floor plan perfect for entertaining. Very close to shopping and entertainment, and just 10 minutes from the westside. With nearly 20,000 sq ft lot, this villa features an elevated flat pad, pool, tennis court (which could be a huge play area for kids, a pickleboard court or even a basketball court, private and gated, hillside views and wonderful seclusion. This is the ONLY large estate that has a tennis court currently for sale in $3-4M price range in this area. There is a 3car garage and motor court for up to 4 addtl cars. With appox 5000 sq ft of living area, the home also features soaring ceilings, expansive rooms, a wet bar that flows to the pool and tennis court. The large bright luxurious master suite is joined by 3 more en suite bedrooms and the main floor features a den/office and 5th bedroom perfect for guests or live in help. The home is vacant and ready immediately for move-in. The bedrooms and main floor rooms have been enhanced using AI. This home is located on a flat pad with enormous opportunities for improvement and or expansion. the only tennis court estate for sale in this price range. The seller has made a $500K reduction in price and is highly motivated.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 19,315 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,988 | 2,301.595 |
| Lot Size | 19,315 | 7,836.892 |
| Price | $4.00M | $1.78M |
| Price per sq ft | $801 | $827 |
| Built year | 1977 | 1954 |
| HOA | $0 | $170 |
| Days on market | 43 | 58 |
Pricing History
Listed for Sale
Jul 28, 2026
$3,995,000
Initial Listing
Sold
Apr 21, 2014
$1,710,000
Public Record
Sold
Oct 12, 1999
$939,000
Public Record
Sold
Mar 12, 1999
$100,000
Public Record