
Sherman Oaks, California 91403
This Hybrid Residential Estate is a High-Potential Investment Opportunity, listed at $2,590,000—positioned well below the $2,616,445 Fair Market Value by 1%. Featuring a Condition Rating of 3, the property offers a rare combination of panoramic mountain views, a sparkling swimming pool, and a converted garage studio. With over 25,000 square feet of land, the estate provides significant expansion potential for Buy-and-Hold Investors or Owner-Occupants seeking a customizable luxury compound in an exclusive Sherman Oaks location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3701 Royal Meadow Subject | $2,390,000* List Price | 4 | 3 | 2,450 | $1,043 | - |
A 15936 Valley Wood Road Sold | $1,850,000 | 4 | 4 | 2,700 | $685 | 0.4 mi |
B 3534 Scadlock Lane Sold | $2,325,000 | 3 | 2 | 1,835 | $1,267 | 0.3 mi |
C 3820 Scadlock Lane Active | $2,990,000 List Price | 3 | 3 | 2,713 | $1,102 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the property has undergone a comprehensive renovation approximately 10-15 years ago. The kitchen features stainless steel appliances and updated cabinetry, and the bathrooms show modern vessel sinks and tiling. The home is well-maintained and move-in ready, though the presence of a wall AC unit suggests the HVAC systems may not be fully modernized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25661, living area = 2450.
The estate offers breathtaking mountain vistas and city lights on a secluded half-acre lot, providing a rare level of tranquility and privacy in a premier Sherman Oaks location.
With over 25,000 square feet of highly usable land, the property presents a massive opportunity for expansion or the creation of a luxury compound to maximize future value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25661, other record lot size in square feet = 13107. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2757.
Built in 1960, the main residence likely requires significant updates or a full renovation to meet the expectations of contemporary luxury buyers in this price bracket.
The list price reflects the land's potential and views rather than the current 2,450 square foot structure, resulting in a high price-per-square-foot for the existing home.
BREATHTAKING VIEWS, PRIVACY & EXCEPTIONAL EXPANSION POTENTIAL Wake up to sweeping mountain vistas, take in sparkling city lights at sunset, and enjoy a level of privacy and tranquility that is increasingly rare in Sherman Oaks. Located south of Ventura Boulevard and north of Mulholland, this exceptional property sits on approximately one-half acre of highly usable land and offers a truly special combination of unobstructed views, privacy, outdoor living, and incredible potential. The property is centered around its spectacular setting. The sparkling swimming pool, expansive grounds, and multiple outdoor entertaining areas create an ideal backdrop for relaxing, hosting friends, or simply enjoying the incredible views and peaceful surroundings. The charming main residence offers 3 bedrooms and 2 bathrooms with a clean, comfortable layout and plenty of opportunity to customize, remodel, and create a home that takes full advantage of the setting. A converted garage provides additional flexible living space, including a private studio with its own bathroom and separate entrance—ideal for a home office, guest suite, gym, creative space, or potential rental use. One of the property's greatest advantages is the generous, highly usable lot over 25000 sq ft , offering exceptional potential to expand the existing home and add significant additional square footage. Whether envisioning a larger modern residence, a resort-style backyard, or a private luxury compound designed around the views, the possibilities are substantial. Adding to the appeal is a half-court basketball court and abundant outdoor space, providing a rare combination of recreation, entertaining, privacy, and future development potential. All of this is located in one of Sherman Oaks' most desirable neighborhoods, just minutes from Ventura Boulevard's acclaimed restaurants, shopping and entertainment, as well as Whole Foods, Brentwood, Westwood, and major Westside destinations. A rare opportunity to own a private Sherman Oaks retreat where the views, pool, expansive land, and potential to create something truly exceptional come together. A rare opportunity to own a private view estate with incredible flexibility, stunning views, and unlimited upside in one of Los Angeles’ most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,450 | 2,301.595 |
| Lot Size | 25,661 | 7,836.892 |
| Price | $2.39M | $1.78M |
| Price per sq ft | $976 | $827 |
| Built year | 1960 | 1954 |
| HOA | $0 | $170 |
| Days on market | 29 | 58 |
Aug 29, 2026
$2,390,000
$2,590,000
-8% Price Drop
Initial Listing
Aug 11, 2026
$2,590,000
Initial Listing
Feb 10, 2023
$2,400,000
Public Record
Jun 7, 2022
$1,770,000
Public Record