
Sherman Oaks, California 91403
This Timeless Traditional Estate is a Strong Value Opportunity, listed at $3,395,000—positioned well below the $3,332,304 Fair Market Value by -1.8%. While the property is priced at market, its Good Condition Rating and 15,222 sqft lot offer significant long-term stability. Featuring a Resort-Style Backyard with a pool, spa, and private community tennis access, the home provides an elevated lifestyle. With five bedrooms and dual family rooms, it is an ideal sanctuary for growing families or discerning owner-occupants seeking a prestigious Royal Hills address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16201 Meadowcrest Road Subject | $3,395,000* List Price | 5 | 4 | 3,835 | $869 | - |
A 3380 Scadlock Lane Sold | $3,625,000 | 5 | 6 | 3,580 | $1,013 | 0.9 mi |
B 3535 Vista Haven Road Sold | $3,300,000 | 4 | 4 | 3,064 | $1,077 | 1.0 mi |
C 3539 Alana Drive Active | $2,595,000 List Price | 4 | 4 | 3,716 | $698 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1978, this estate is exceptionally well-maintained and move-in ready. While the kitchen and bathrooms reflect a more traditional and slightly dated aesthetic (scallop tiles, older cabinetry styles), they remain highly functional and high-end. The presence of recessed lighting, well-kept parquet flooring, and a resort-style backyard indicates consistent maintenance and partial updates within the 10-20 year range, fitting the 'Good' criteria.
Situated in the prestigious Royal Hills enclave, this property offers exclusive access to a private community tennis court and proximity to elite private schools and Ventura Boulevard.
The expansive 15,222 sqft lot features a high-end outdoor living space with a pool, spa, built-in BBQ, and a covered lounge area with a fireplace, perfect for entertaining.
With five bedrooms, a dedicated office, and two separate family rooms each featuring a wet bar, the home provides exceptional functionality for multi-generational living and grand-scale hosting.
Built in 1978, the 'timeless traditional' aesthetic and custom millwork may require significant capital investment for buyers seeking a more contemporary or open-concept design.
Historical sales data shows a slight decline in value between early and mid-2022, which may lead to increased appraisal scrutiny at the current $3.395M list price.
Located within the prestigious Royal Hills neighborhood and the exclusive Royal Hills Meadowcrest community, this timeless traditional estate blends classic elegance with exceptional functionality in one of Sherman Oaks' most coveted enclaves. Designed for both grand-scale entertaining and comfortable everyday living, the residence offers beautifully appointed formal and casual living spaces, a chef's kitchen, a first-floor guest bedroom, dedicated office, and the rare convenience of two separate family rooms, each complete with its own wet bar, creating the ideal setting for entertaining across multiple levels. The expansive primary suite provides a private retreat, while custom millwork, multiple fireplaces, and rich architectural details elevate the home's timeless appeal. French doors open to a spectacular resort-style backyard featuring a covered outdoor living area with a striking fireplace, built-in BBQ, multiple lounge and dining spaces, a sparkling pool and spa, lush landscaping, and expansive lawn. Residents also enjoy exclusive access to a private community tennis court shared by only a select collection of homes. Ideally located just moments from Ventura Boulevard's acclaimed dining and shopping, premier private schools, and convenient access to Beverly Hills, Brentwood, and the Westside, this is a rare opportunity to own within one of Sherman Oaks' most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,835 | 2,347 |
| Lot Size | 15,222 | 8,485 |
| Price | $3.40M | $1.81M |
| Price per sq ft | $885 | $827 |
| Built year | 1978 | 1956 |
| HOA | $1200.0 | $0 |
| Days on market | 22 | 58 |
Jun 30, 2026
$3,395,000
Initial Listing
Jun 10, 2022
$2,965,000
Public Record
Jan 21, 2022
$3,050,000
Public Record