15656 Crownridge Place, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 6 bath
ACTIVE$4,900,000
15656 Crownridge Place, Sherman Oaks, California 91403
5Beds
6Baths
4,988Sqft
19,315Lot
Price Vs. Estimate
The estimated value ($3,122,197.1) is $1,777,802.9 (36%) lower than the list price ($4,900,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exclusive Location & Privacy: Situated on a quiet cul-de-sac in the prestigious Royal Woods section of Sherman Oaks, this gated private villa offers unmatched seclusion and privacy on an expansive, elevated lot.
Top Cons:
Age of Construction: Built in 1977, the property's age suggests that some interior finishes and core systems may require updating to meet modern luxury standards, as no recent renovations are highlighted.
Compared to the nearby listings
Price:$4.90M vs avg $2.10M (+$2,795,000)99%
Size:4,988 sqft vs avg 2,699.5 sqft95%
Price/sqft:$982 vs avg $82083%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, the property shows signs of being well-maintained but with dated elements. The main kitchen has updated white shaker cabinets and stainless steel appliances, but the dark marble countertops and backsplash, along with the distinct burl wood wet bar, suggest renovations that are likely 15-30 years old or inconsistent updates. Bathrooms are clean and functional but lack modern luxury finishes. Flooring varies between large format tile, dark wood parquet, and carpeted stairs, indicating a mix of styles and ages. While move-in ready, significant aesthetic updates would be required to meet current quality standards.
Year Built
1977
Close
-
List price
$4.9M
Original List price
$4.9M
Price/Sqft
$982
HOA
-
Days on market
-
Sold On
-
MLS number
25523997
Home ConditionFair
Features
Good View: Hills
Pool
Patio
ViewHills
About this home
Gated private villa/tennis court estate on a quiet cul-de-sac in Royal Woods section of Sherman Oaks. This is an urban oasis and entertainer's delight! Expansive and secluded near 20,000 sq ft lot with a large elevated flat pad offering unmatched privacy and entertainment possibilities with motor court, 3-car garage, pool and tennis court and relaxing hillside views. The house is appx 5000 sq ft of wide open hallways, high ceilings, gracious room sizes and a large open family room with wet bar with direct access to pool and tennis court. Upstairs there is the primary suite and three additional en suite family bedrooms. Downstairs there is den/office and fifth bedroom, both located conveniently off the entry. Easy Westside access via Sepulveda or the 405. Must see to fully appreciate this high impact home.
Condition Rating
Fair
Built in 1977, the property shows signs of being well-maintained but with dated elements. The main kitchen has updated white shaker cabinets and stainless steel appliances, but the dark marble countertops and backsplash, along with the distinct burl wood wet bar, suggest renovations that are likely 15-30 years old or inconsistent updates. Bathrooms are clean and functional but lack modern luxury finishes. Flooring varies between large format tile, dark wood parquet, and carpeted stairs, indicating a mix of styles and ages. While move-in ready, significant aesthetic updates would be required to meet current quality standards.
Pros & Cons
Pros
Exclusive Location & Privacy: Situated on a quiet cul-de-sac in the prestigious Royal Woods section of Sherman Oaks, this gated private villa offers unmatched seclusion and privacy on an expansive, elevated lot.
Exceptional Entertainment Amenities: An urban oasis designed for entertaining, featuring a private tennis court, pool, and a large open family room with a wet bar, all with direct access to outdoor spaces.
Generous Living Space: The approximately 5,000 sq ft residence boasts wide open hallways, high ceilings, and gracious room sizes, including 5 bedrooms and 6 bathrooms, providing ample space for comfortable living.
Large & Functional Lot: The nearly 20,000 sq ft lot includes a large elevated flat pad, a motor court, and a 3-car garage, offering significant outdoor utility and potential.
Desirable Views & Accessibility: Enjoy relaxing hillside views and convenient access to the Westside via Sepulveda or the 405 freeway, enhancing the property's lifestyle appeal.
Cons
Age of Construction: Built in 1977, the property's age suggests that some interior finishes and core systems may require updating to meet modern luxury standards, as no recent renovations are highlighted.
Significant Price Discrepancy: The current list price of $4.9 million is substantially higher than the estimated property value of approximately $3.12 million, which may present a challenge in market positioning and buyer perception.
High Maintenance Requirements: The extensive amenities, including a pool, tennis court, and large lot, will necessitate considerable ongoing maintenance and operational costs for a prospective owner.