
Sherman Oaks, California 91403
This Renovated Hillside Estate is a Prime Investment Opportunity listed at $2,499,000—positioned well below the $2,554,481 Fair Market Value by 2%. This strategic pricing offers $55,481 in Instant Equity for a property with an Excellent Condition Rating. The home features a gourmet chef’s kitchen with Wolf appliances, quartzite counters, and a private outdoor oasis including a fenced-in pool and greenhouse on a massive 13,205 sqft lot. Located in the prestigious Sherman Oaks hills, this turnkey residence is ideal for Owner-Occupants or growing families seeking luxury and immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15815 Castlewoods Drive Subject | $2,399,000* List Price | 4 | 4 | 3,276 | $760 | - |
A 16141 Bayberry Place Sold | $2,205,000 | 4 | 5 | 2,662 | $828 | 0.4 mi |
B 3517 Scadlock Lane Sold | $1,737,500 | 3 | 3 | 2,311 | $752 | 0.4 mi |
C 16012 Meadowcrest Road Active | $2,795,000 List Price | 5 | 4 | 3,200 | $873 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, featuring a high-end chef's kitchen with Wolf appliances and quartzite countertops. The interior is updated with hardwood floors, recessed lighting, and modern bathrooms. Despite the 1962 build year, the home presents as virtually new with high-quality finishes and no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13205, living area = 3276.
The recently redone kitchen features premium Wolf appliances, quartzite countertops, and a 6-burner cooktop, offering a high-end culinary experience for homeowners.
The expansive 13,205 sqft lot includes a fenced-in pool, a greenhouse, and a covered patio, creating a private and versatile space for year-round outdoor living.
With the primary suite isolated on the second floor and all other bedrooms on the first, the floor plan may be less ideal for buyers prioritizing proximity to young children.
Despite its hillside positioning, the property is noted as having no significant views, which may be a drawback for buyers seeking the typical canyon or city vistas of the area.
Beautiful, spacious home in the Sherman Oaks hills. The formal entry leads to a large living room with a cozy fireplace. The family and living rooms both open to the very private back yard. There is a formal dining room that can accommodate large gatherings. The chef’s kitchen has been redone and features stainless steel appliances including a 6 burner Wolf cooktop, a Wolf oven with convection, an oversized refrigerator and freezer, quartzite counters and a lovely built in breakfast area. There are 3 bedrooms, 2 ½ bathrooms and a laundry area on the first floor. The primary suite is on the second floor and includes a large bedroom with fireplace, an en-suite bath, 2 walk-in closets, and has an enclosed balcony overlooking the yard. The home has hardwood floors, recessed lighting, plantation shutters and ample cabinet and closet space. In the backyard there is a fenced-in pool, tiled patio with covered seating area, a large outdoor dining space and a greenhouse making this beautiful home perfect for entertaining indoors and out. The home is conveniently located with easy access to the Westside and the San Fernando Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,276 | 2,569.5 | 72% |
| Lot Size | 13,205 | 9,633 | 72% |
| Price | $2.40M | $1.91M | 70% |
| Price per sq ft | $732 | $827 | 33% |
| Built year | 1962 | 1954 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 170 | 11% |
Apr 18, 2026
$2,399,000
$2,499,000
-4% Price Drop
Initial Listing
Mar 2, 2026
$2,499,000
Initial Listing
Jun 28, 2017
$1,567,000
Public Record
Nov 10, 1998
$745,000
Public Record