
Sherman Oaks, California 91403
This Turnkey Mid-Century Estate represents a High-Potential Investment Opportunity, listed at $2,895,000—positioned well below the $2,957,550 Fair Market Value by 2%. This valuation gap offers $62,550 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a Gourmet Chef's Kitchen and Resort-Style Outdoor Living. With Dual Primary Suites and sweeping mountain views, this property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a sophisticated, move-in ready residence in the coveted Royal Woods enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3690 Crownridge Drive Subject | $2,895,000* List Price | 5 | 5 | 3,574 | $828 | - |
A 16141 Bayberry Place Sold | $2,205,000 | 4 | 5 | 2,662 | $828 | 0.6 mi |
B 15831 Tobin Way Active | $2,949,000 List Price | 5 | 4 | 3,465 | $851 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1958, the property has undergone a high-end, comprehensive renovation. It features a chef's kitchen with premium appliances and custom cabinetry, spa-inspired bathrooms with luxury fixtures like Victoria + Albert tubs, and a fully equipped outdoor resort-style kitchen. The interior shows mint condition with modern wood flooring, recessed lighting, and updated systems throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14925, living area = 3574.
The property features an exceptional backyard oasis equipped with a full outdoor kitchen, pool, spa, fire pit, and a half basketball court, perfect for high-end Southern California entertaining.
The kitchen boasts premium appliances and a unique geostone countertop featuring 50-million-year-old fossilized fish, serving as a sophisticated and rare architectural centerpiece.
The current list price of $2.895M is significantly lower than the 2022 sale price of $3.0375M, which may signal a correction in local market value or previous overpayment.
Originally built in 1958, the property may present challenges associated with older mid-century systems and structural standards despite its extensive cosmetic renovations.
Privately set within the coveted Royal Woods enclave of Sherman Oaks, this mid-century Traditional estate offers a rare blend of architectural character, refined design, and resort-style living. Mature citrus and avocado trees frame the property, creating a lush, serene setting that feels worlds away yet remains moments from the city. The interiors unfold with a graceful sense of flow, where open, light-filled living spaces transition seamlessly for both everyday comfort and elevated entertaining. The grand living room is anchored by a fireplace and enhanced by wood floors, crown molding, soaring ceilings, and expansive wraparound windows capturing sweeping mountain views. At the heart of the home, the chef's kitchen makes a bold statement with custom cabinetry, premium appliances, high-end granite surfaces, and a custom stainless steel hood and bar highlighted by a striking geostone countertop showcasing 50-million-year-old fossilized fish, a true conversation piece. Two luxurious primary suites offer flexibility and privacy, including a secluded second-level retreat with a spa-inspired bath featuring a Victoria + Albert soaking tub, steam shower, granite countertops, Columbia cabinetry, framed mirrors, and a dedicated makeup vanity. A custom second-floor landing with built-in cabinetry and desk creates an ideal home office or study. The main-level primary suite features an elegant en suite bath with separate tub and shower, granite counters, and custom window treatments. Completing the first floor are three additional bedrooms, three bathrooms, a powder room, a warm den with fireplace, wine bar, and a dedicated laundry room.Designed for the quintessential Southern California lifestyle, the home opens to an exceptional outdoor entertaining environment. The resort-style backyard features a fully appointed outdoor kitchen with a 48" DCS barbecue, prep and sink stations, refrigerator, dishwasher, stainless steel cabinetry, big-screen TV, and pergola with integrated heater. A half basketball court, pool and spa, fire pit, and thoughtfully layered landscaping accented by Bouquet Canyon stone and lush greenery create a private, tranquil retreat. Offering the perfect balance of retreat and connection, this Royal Woods residence delivers a lifestyle defined by comfort, sophistication, and ease. Tucked within one of Sherman Oaks' most desirable neighborhoods, the home is moments from highly regarded schools and Ventura Boulevard's vibrant dining and shopping scene, with easy access to the Westside presenting a rare opportunity to enjoy peaceful living without sacrificing proximity to the best of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 5.0 | 3.0 | 78% |
| Square foot | 3,574 | 2,631 | 84% |
| Lot Size | 14,925 | 9,369.5 | 80% |
| Price | $2.90M | $1.87M | 82% |
| Price per sq ft | $810 | $818 | 50% |
| Built year | 1958 | 1954 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 153 | 4% |
May 22, 2026
$2,895,000
Initial Listing
May 23, 2022
$3,037,500
Public Record