16230 Meadowcrest Road, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 4 bath

16230 Meadowcrest Road, Sherman Oaks, California 91403 home-pic-0

16230 Meadowcrest Road

Sherman Oaks, California 91403

ACTIVE
CONDITION: GOOD
5Beds
4Baths
3,540Sq Ft
15,101Lot Size

Property Price

LIST PRICE$2,595,000
EST. MARKET VALUE
$2,652,484

SUMMARY

Analysis of 16230 Meadowcrest Road, Sherman Oaks, California 91403 reveals a Fairly Priced Property with a current list price of $2,595,000  aligned with the estimated $2,652,484 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sherman Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,652,484
Based on Realkey algorithm analyzing recent comparable sales in Sherman Oaks.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
16230 Meadowcrest Road
Subject
$2,595,000*
List Price
543,540$749-
A
15946 Tobin Way
Sold
$2,533,000543,695$6860.4 mi
B
3527 Alana Drive
Sold
$2,386,000533,066$7780.3 mi
C
16138 Meadowcrest Road
Sold
$1,848,000432,560$7220.1 mi
D
3421 Castlewoods Place
Sold
$1,885,000432,807$6720.5 mi
E
3847 Royal Woods Drive
Sold
$2,350,000454,040$5820.8 mi
F
3585 Alana Drive
Active
$2,895,000
List Price
553,390$8540.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and benefits from significant recent infrastructure upgrades, including a new HVAC system, updated electrical, plumbing, and gas lines, and new triple-pane windows. While the 1978 Mediterranean architecture and kitchen finishes (granite countertops) lean toward a more traditional style rather than a contemporary full renovation, the home is exceptionally well-maintained with high-end features like a spa-like primary suite and a resort-style backyard.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15101, living area = 3540.

  • Expansive Flat Lot

    Situated on over 15,000 square feet of flat land in the prestigious Royal Woods neighborhood, this property offers rare privacy and outdoor space that is seldom available in this market.

  • Significant Infrastructure Upgrades

    The home features essential modern updates including new triple-pane windows, updated electrical, plumbing, and gas lines, and a new HVAC system, significantly reducing immediate maintenance concerns for a buyer.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The $1,443 association fee represents a substantial recurring carrying cost that may be a deterrent for buyers comparing this to other non-HOA single-family residences in the area.

  • Dated Architectural Era

    Built in 1978, the Mediterranean styling and interior layout may require additional cosmetic modernization to align with the ultra-modern aesthetic preferences currently dominating the Sherman Oaks luxury market.

About 16230 Meadowcrest Road

**PRICED TO SELL** Situated on a quiet cul-de-sac in the coveted Royal Woods neighborhood of Sherman Oaks, this Mediterranean-style residence sits on one of the largest flat lots in the area, offering exceptional privacy and space, a rare opportunity as homes on parcels of this size in such a highly sought-after neighborhood seldom come to market. A dramatic entrance with a grand foyer and staircase creates an immediate and refined sense of living, complemented by soaring cathedral ceilings and light-filled interiors. Multiple living spaces throughout the home provide flexibility for both everyday living and entertaining, including a spacious family room with fireplace and built-in bar. The chef's kitchen features a center island, premium granite countertops, breakfast area, and formal dining room nearby. The primary suite serves as a private retreat with vaulted ceilings, sitting area, and spa-like bath with dual vanities, steam shower, and soaking tub. Designed for year-round enjoyment, the resort-style backyard offers multiple areas for outdoor activities and entertaining, including an expansive lawn, pool and spa with waterfall, outdoor shower, and built-in BBQ. The property features access to a beautifully maintained tennis court located right next door, shared with only seven other residences - an exceptional amenity that adds both lifestyle and exclusivity. Additional highlights include a three-car garage with built-in storage, security system, new French doors, triple-pane windows, updated electrical, plumbing and gas lines, new gutters and exterior lighting, and a new heating and air conditioning system, all just minutes from shops, restaurants, and approximately 20 minutes from the city.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1978
Lot Size
15,101 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1443.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
79%
Baths4.03.0
51%
Square foot3,5402,669
73%
Lot Size15,1019,558
83%
Price$2.60M$2.06M
73%
Price per sq ft$733$808
33%
Built year19781961
71%
HOA$1443.0$0
98%
Days on market15176
2%

Pricing History

Listed for Sale

Feb 19, 2026

$2,595,000

Initial Listing

Sold

Aug 22, 1995

$438,500

Public Record

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