5022 Ranchito, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 5 bed, 6 bath
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Sherman Oaks, California 91423
This Stunning Spanish-Inspired Estate is a Strong Value Opportunity, listed at $3,199,000—positioned well below the $3,311,969 Fair Market Value by 3%. This valuation gap offers $112,969 in Instant Equity. Featuring a Condition Rating of 2, the home is turnkey, boasting a chef's kitchen, refrigerated wine cellar, and a resort-style pool and spa. Located near top-rated schools like Warner Avenue Elementary, this residence is the perfect fit for luxury-seeking families or discerning owner-occupants desiring a sophisticated, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5022 Ranchito Subject | $3,199,000* List Price | 5 | 6 | 4,236 | $782 | - |
A 5003 Mammoth Avenue Sold | $3,395,000 | 6 | 7 | 4,190 | $810 | 0.2 mi |
B 4941 Nagle Avenue Sold | $3,345,000 | 5 | 7 | 3,600 | $929 | 0.7 mi |
C 13536 Morrison Street Sold | $3,490,000 | 6 | 7 | 4,294 | $813 | 0.4 mi |
D 4469 Stern Ave Sold | $3,235,000 | 5 | 5 | 4,209 | $769 | 0.7 mi |
E 13157 Otsego Sold | $3,600,000 | 5 | 6 | 3,864 | $932 | 0.9 mi |
F 13164 Magnolia Boulevard Sold | $2,600,000 | 5 | 5 | 4,694 | $554 | 0.9 mi |
G 4532 Calhoun Avenue Sold | $2,999,500 | 5 | 7 | 3,957 | $758 | 0.7 mi |
H 13944 Valleyheart Drive Active Under Contract | $3,389,000 List Price | 5 | 6 | 4,422 | $766 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, featuring a modern chef's kitchen with Thermador appliances, designer spa-like bathrooms, and updated systems. The interior shows mint condition with contemporary finishes like wide-plank hardwood floors and custom architectural details, requiring no maintenance.
Elementary School: Warner Avenue Elementary School (9/10).
The estate showcases exceptional craftsmanship with 30-foot ceilings, a custom refrigerated wine cellar with reclaimed flooring, and a chef's kitchen equipped with premium Thermador appliances.
A detached guest house/recreation room with its own bathroom provides significant value, offering flexibility for use as a professional studio, private gym, or long-term guest suite.
With over 4,200 square feet of living space plus a detached structure on an 8,500 square foot lot, the footprint leaves minimal traditional yard space or green area.
Despite the high-end luxury price point and Spanish estate styling, the property lacks any significant scenic or city light views, which are often expected in this market tier.
Nestled in one of Sherman Oaks' most sought-after neighborhoods, this exceptional Spanish-inspired estate offers over 4,236 square feet of living space on an expansive 8,500 square foot lot, just moments from premier shopping, dining, and the highly regarded Notre Dame High School. Designed for both grand-scale entertaining and everyday living, the home welcomes you with a breathtaking two-story foyer featuring soaring 30-foot ceilings, dramatic black iron detailing, rich hardwood floors, and timeless architectural character throughout. A private office or den sits just off the entry, providing the perfect work-from-home retreat. At the heart of the home is a spectacular chef's kitchen, thoughtfully designed with Thermador appliances, an oversized center island, custom cabinetry, and a hidden walk-in pantry with an additional prep sink. Adjacent formal and informal living spaces flow effortlessly to the outdoors through expansive doors, creating the ultimate indoor-outdoor California lifestyle. A custom refrigerated wine cellar, inspired by the Spanish countryside and finished with reclaimed wine barrel flooring, serves as a stunning focal point for entertaining. Additional custom details include imported European elements, wood-beamed ceilings, designer lighting, and one-of-a-kind spa-inspired bathrooms. Upstairs, four generously sized ensuite bedrooms provide comfort and privacy. Three bedrooms enjoy access to a spacious balcony overlooking the resort-style backyard. The luxurious primary suite offers a private retreat complete with a spa-like bathroom, soaking tub, oversized shower, and an impressive walk-in closet. The backyard is a true entertainer's paradise, featuring a sparkling pool and spa, outdoor fireplace, built-in outdoor BBQ with island, lush landscaping, and a detached guest house/recreation room with its own bathroom—ideal for guests, a gym, creative studio, or additional workspace. Combining timeless Spanish architecture, custom craftsmanship, and an unbeatable Sherman Oaks location, this remarkable residence offers the very best of Southern California luxury living.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.6 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,236 | 2,347 |
| Lot Size | 8,496 | 8,485 |
| Price | $3.20M | $1.81M |
| Price per sq ft | $755 | $827 |
| Built year | 1948 | 1956 |
| HOA | $0 | $0 |
| Days on market | 40 | 58 |
Jun 12, 2026
$3,199,000
Initial Listing
Jun 13, 2018
$2,129,000
Public Record
Dec 12, 2016
$1,645,000
Public Record
Aug 2, 2006
$1,485,000
Public Record
Mar 11, 2003
$470,000
Public Record