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4818 Lemona Avenue, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 5 bed, 6 bath

4818 Lemona Avenue, Sherman Oaks, California 91403 home-pic-0
ACTIVE$2,895,000
4818 Lemona Avenue, Sherman Oaks, California 91403
5Beds
6Baths
4,742Sqft
6,752Lot

Price Vs. Estimate

The estimated value ($2,507,216.625) is $387,783.375 (13%) lower than the list price ($2,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Luxury Finishes & High-End Amenities: Meticulously designed with timeless craftsmanship, the property boasts a gourmet kitchen featuring professional-grade Viking appliances and marble countertops, alongside a spa-inspired primary suite, reflecting a high standard of luxury.
Top Cons:
Overpriced Relative to Market: The current list price of $2.895M significantly exceeds the property's estimated value of approximately $2.5M, and is higher than some newer comparable homes, suggesting it may be overvalued in the current market.

Compared to the nearby listings

Price:$2.90M vs avg $2.10M (+$790,000)78%
Size:4,742 sqft vs avg 2,699.5 sqft93%
Price/sqft:$611 vs avg $81016%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 19 years old, but the listing description emphasizes 'meticulously designed and impeccably maintained' with 'timeless craftsmanship.' The gourmet kitchen features custom cabinetry, high-end stainless steel appliances including a professional-grade Viking range, and stunning marble countertops, all appearing in excellent, current condition in the images. The spa-inspired primary bath boasts a soaking tub, dual vanities, and a walk-in shower, also presenting as virtually new and high-quality. Throughout the home, the finishes, flooring, and light fixtures are modern and well-preserved. The addition of paid solar panels and a water filtration/softener system further enhances its modern functionality and efficiency. Despite its age, the property's condition, high-end features, and evident meticulous upkeep meet the 'excellent' criteria of having components that are virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation.
Year Built
2006
Close
-
List price
$2.9M
Original List price
$3M
Price/Sqft
$611
HOA
-
Days on market
-
Sold On
-
MLS number
25497801
Home ConditionExcellent
Features
Deck
Spa
Patio
View-

About this home

A Mediterranean Oasis in the Heart of Sherman OaksTucked behind private gates, this elegant Mediterranean retreat offers a rare blend of sophistication, comfort, and timeless craftsmanship. Meticulously designed and impeccably maintained, this residence spans over 4,700 square feet of thoughtfully curated living space, ensuring both style and functionality.Step through double doors into a light-filled formal living room, where soaring ceilings and an intricate wrought iron spiral staircase set a striking first impression. Just beyond, the formal dining room is defined by a refined tray ceiling, creating an intimate yet spacious setting for family gatherings and entertaining on a grand scale.The gourmet kitchen is a culinary enthusiast's dream, featuring custom cabinetry, high-end stainless steel appliances, a professional-grade Viking range, a walk-in pantry, and an expansive center island adorned with stunning marble countertops. Designed for both beauty and practicality, this space flows seamlessly into the spacious family room, complete with a cozy gas fireplace and French doors that open to the outdoor sanctuary.Each of the five ensuite bedrooms provides privacy and comfort, with the first-floor suite perfectly suited for a guest room or home office. Upstairs, the primary suite is a true retreat, boasting a spa-inspired ensuite bath with a soaking tub, dual vanities, dual walk-in closets, a walk-in shower, and a private fireplace. Step onto the private balcony overlooking the lush backyardan idyllic escape to unwind at the end of the day.The expansive backyard is a private paradise, featuring elegant pavers for effortless maintenance, Jacuzzi spa, and towering privacy hedges that create an intimate setting for al fresco dining and entertaining. Additional features include Santa Barbara finish exterior, paid in full solar panels & water filtration/softener system, enhancing both sustainability and efficiency.Nestled in a prime Sherman Oaks location, this home offers the perfect balance of seclusion and convenience just moments from Ventura Boulevard's premier shopping, dining, and entertainment. A true embodiment of luxury, privacy, and impeccable craftsmanship, this is more than a home it's a lifestyle.

Condition Rating
Excellent
Built in 2006, this property is 19 years old, but the listing description emphasizes 'meticulously designed and impeccably maintained' with 'timeless craftsmanship.' The gourmet kitchen features custom cabinetry, high-end stainless steel appliances including a professional-grade Viking range, and stunning marble countertops, all appearing in excellent, current condition in the images. The spa-inspired primary bath boasts a soaking tub, dual vanities, and a walk-in shower, also presenting as virtually new and high-quality. Throughout the home, the finishes, flooring, and light fixtures are modern and well-preserved. The addition of paid solar panels and a water filtration/softener system further enhances its modern functionality and efficiency. Despite its age, the property's condition, high-end features, and evident meticulous upkeep meet the 'excellent' criteria of having components that are virtually new, meeting current quality standards with no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Luxury Finishes & High-End Amenities: Meticulously designed with timeless craftsmanship, the property boasts a gourmet kitchen featuring professional-grade Viking appliances and marble countertops, alongside a spa-inspired primary suite, reflecting a high standard of luxury.
Spacious & Functional Layout: Spanning over 4,700 square feet, the residence offers ample living space with five ensuite bedrooms, including a versatile first-floor suite, and distinct formal and family living areas, catering to comfort and privacy.
Private Outdoor Oasis: The expansive and meticulously maintained backyard, complete with elegant pavers, a Jacuzzi spa, and towering privacy hedges, creates an intimate and ideal setting for outdoor entertaining and relaxation.
Energy Efficiency & Modern Systems: Equipped with fully paid solar panels and a water filtration/softener system, the home offers enhanced sustainability, efficiency, and reduced utility costs, appealing to environmentally conscious buyers.
Prime Sherman Oaks Location: Nestled in a highly desirable Sherman Oaks location, the property provides convenient access to Ventura Boulevard's premier shopping, dining, and entertainment options, enhancing its lifestyle appeal.

Cons

Overpriced Relative to Market: The current list price of $2.895M significantly exceeds the property's estimated value of approximately $2.5M, and is higher than some newer comparable homes, suggesting it may be overvalued in the current market.
Lack of a Swimming Pool: Despite featuring a Jacuzzi spa, the absence of a full swimming pool might be a notable drawback for buyers expecting this common amenity in a luxury home of this caliber and price point in Southern California.
No Views: The property description explicitly states 'View: None,' which could be a disadvantage compared to other luxury homes in the Sherman Oaks area that often boast desirable city, hill, or valley views, potentially limiting its market appeal.

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