5141 Varna Avenue, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 5 bed, 7 bath
ACTIVE$3,999,999
5141 Varna Avenue, Sherman Oaks, California 91423
5Beds
7Baths
4,389Sqft
8,623Lot
Price Vs. Estimate
The estimated value ($3,866,296.22) is $133,702.78 (3%) lower than the list price ($3,999,999). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Top Cons:
Premium Pricing Relative to Estimated Value: The current list price is approximately 3% above the property's estimated value, which may require strong justification to potential buyers in a competitive market.
Compared to the nearby listings
Price:$4.00M vs avg $1.91M (+$2,094,999)89%
Size:4,389 sqft vs avg 2,501.5 sqft83%
Price/sqft:$911 vs avg $81570%
More Insights
Built in 2024 (1 years old).
Condition: This property is a brand new construction, built in 2024, and is described as a 'STUNNING NEWER CONSTRUCTION ESTATE' and 'MODERN MASTERPIECE.' The kitchen features 'TOP OF THE LINE APPLIANCES, CLEAN LINE CABINETRY, STONE COUNTERS, LARGE ISLAND AND BUTLERS PANTRY.' The primary bathroom is 'SPA-LIKE' with 'DUAL SINKS, OVERSIZED STEP IN SHOWER, AND SOAKING TUB.' All finishes are explicitly stated as 'HIGH HIGH QUALITY.' This aligns perfectly with the 'excellent' criteria for a newly built property with all new components meeting current quality standards and no deferred maintenance.
Year Built
2024
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
$911
HOA
-
Days on market
-
Sold On
-
MLS number
SR25044702
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
ViewNeighborhood
About this home
STUNNING NEWER CONSTRUCTION ESTATE IN THE HEART OF PRIME SHERMAN OAKS NEIGHBORHOOD. THIS MODERN MASTERPIECE IS GATED AND HAS A "WOW" FACTOR CURB APPEAL THAT OFFERS 5 BEDROOMS, 6 1/2 BATHS WITH ALMOST 4400 SQ FT OF LIVING SPACE. BEAUTIFUL UNIQUE OPEN FLOORPLAN WITH SOARING CEILINGS LEADS TO LIVING ROOM/FAMILY ROOM AND DINING AREAS. THE CUSTOM CHEF'S KITCHEN HAS TOP OF THE LINE APPLIANCES, CLEAN LINE CABINETRY, STONE COUNTERS, LARGE ISLAND AND BUTLERS PANTRY. THE LIVING ROOM WITH FIREPLACE, BUILT IN BOOKCASES, AND WINE CELLAR THAT FLOWS EFFORTLESSLY THRU LARGE GLASS POCKET DOORS TO ENTERTAINERS YARD WITH POOL, SPA AND SEPARATE ADU. PRIMARY SUITE HAS FIREPLACE, ENORMOUS WALK IN CLOSET AND PRIVATE BALCONY. PRIMARY SPA-LIKE BATH OFFERS VANITY WITH DUAL SINKS, OVERSIZED STEP IN SHOWER, AND SOAKING TUB. ADDITIONAL BEDROOMS ARE EN-SUITE WITH WALK IN CLOSETS AND BALCONY. ALL HIGH HIGH QUALITY FINISHES AND A PERFECT BLEND OF MODERN LUXURY AND CONVENIENCE. PAID SOLAR PANELS INCLUDED
Nearby schools
6/10
Erwin Elementary School
Public,•K-5•1.3mi
6/10
John B. Monlux Elementary School
Public,•K-5•1.4mi
9/10
Kester Avenue Elementary School
Public,•K-5•1.9mi
9/10
Roscomare Road Elementary School
Public,•K-5•3.8mi
8/10
Lanai Road Elementary School
Public,•K-5•4.0mi
9/10
Warner Avenue Elementary School
Public,•K-5•6.5mi
2/10
Van Nuys Middle School
Public,•6-8•1.5mi
5/10
James Madison Middle School
Public,•6-8•2.4mi
6/10
Walter Reed Middle School
Public,•6-8•2.4mi
5/10
William Mulholland Middle School
Public,•6-8•4.9mi
3/10
William Mulholland Middle School
Public,•6-8•5.1mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•1.0mi
8/10
North Hollywood Senior High School
Public,•9-12•2.1mi
6/10
Van Nuys Senior High School
Public,•9-12•2.4mi
6/10
University Senior High School
Public,•9-12•8.4mi
6/10
University Senior High School Charter
Public,•9-12•8.4mi
Condition Rating
Excellent
This property is a brand new construction, built in 2024, and is described as a 'STUNNING NEWER CONSTRUCTION ESTATE' and 'MODERN MASTERPIECE.' The kitchen features 'TOP OF THE LINE APPLIANCES, CLEAN LINE CABINETRY, STONE COUNTERS, LARGE ISLAND AND BUTLERS PANTRY.' The primary bathroom is 'SPA-LIKE' with 'DUAL SINKS, OVERSIZED STEP IN SHOWER, AND SOAKING TUB.' All finishes are explicitly stated as 'HIGH HIGH QUALITY.' This aligns perfectly with the 'excellent' criteria for a newly built property with all new components meeting current quality standards and no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Warner Avenue Elementary School (9/10).
Brand New Construction & Modern Design: Built in 2024, this 'STUNNING NEWER CONSTRUCTION ESTATE' boasts a 'MODERN MASTERPIECE' aesthetic and 'WOW' factor curb appeal, offering contemporary living.
Luxury Finishes & Gourmet Kitchen: The custom chef's kitchen features 'TOP OF THE LINE APPLIANCES, CLEAN LINE CABINETRY, STONE COUNTERS, LARGE ISLAND AND BUTLERS PANTRY,' complemented by 'HIGH HIGH QUALITY FINISHES' throughout the home.
Exceptional Entertainment & Lifestyle Features: Designed for entertaining, the property includes an 'ENTERTAINERS YARD WITH POOL, SPA AND SEPARATE ADU,' a wine cellar, and large glass pocket doors for seamless indoor-outdoor flow.
Spacious & Thoughtful Layout: With 5 bedrooms and 6.5 baths across almost 4400 sq ft, the home offers a 'BEAUTIFUL UNIQUE OPEN FLOORPLAN,' soaring ceilings, and en-suite bedrooms with walk-in closets and balconies.
Energy Efficiency: The inclusion of 'PAID SOLAR PANELS' provides a significant benefit, offering potential long-term energy cost savings and environmental advantages.
Cons
Premium Pricing Relative to Estimated Value: The current list price is approximately 3% above the property's estimated value, which may require strong justification to potential buyers in a competitive market.
Standard Neighborhood View: While a view is present, it is described as 'Neighborhood,' which might not fulfill the desire for more expansive or unique vistas (e.g., city lights, hills) that some luxury buyers in Sherman Oaks often seek.
High Property Tax Implications: As a newly constructed luxury estate, the property will likely incur substantial property taxes based on its new assessed value, representing a significant ongoing cost for prospective buyers.