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3701 Royal Meadow, Sherman Oaks, CA 91403

$2.39M4bd · 3ba · 2,450 sqft
Lot 25,661 sqft•Single Family Residence•
Active
•62d on market•MLS# SR-26130601

Property Description

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.

Features & Amenities

FeeBuilt 1960

Property Details

Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air, Wall/Window Unit(s), None
View
City Lights, Mountain(s)
Roof
Stone
City
Sherman Oaks
Zip Code
91403
County
Los Angeles
Listed byKeller Williams Realty-Studio City, Behrouz Lavi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,085.14
Principal & Interest
Loan Amount
$1,912,000
Total Interest
$2,438,651
Total Payment Over 30 Years
$4,350,651
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

3701 Royal Meadow, Sherman Oaks, CA 91403

Sherman Oaks · Single Family Residence

$2.39M
Luxury Tier
Beds
4
Baths
3
Sqft
2,450
Lot
25,661 sqft
Year
1960
$/Sqft
$976
Pool: Yes✓
View: city✓

Listed 49.4% above the median closed sale of $1,600,000. Price per sqft ($976) is a 25% premium to closed comps ($783). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.39M· $976/sqft
Total list price
Closed comps
vs closed median $1.60M
+$790K (+49.4%)
Active comps
vs active median $2.50M
−$109K (−4.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $935
+$41 (+4.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3820 Scadlock LaneSherman Oaks1961332,71317,987$1,102$2.99M20281
14600 Round Valley DriveSherman Oaks1935342,40010,247$1,000$2.40M63270
5504 Tyrone AvenueSherman Oaks1946322,37918,717$966$2.30M11666
4106 Weslin AvenueSherman Oaks1986443,2955,030$758$2.50M8763
14934 Stonesboro PlaceSherman Oaks1954433,18016,762$849$2.70M11463
Total: 5 · Average3.43.22,793.413,748.6$935$2.58M230.2
Median2,713$2.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
13523 CheltenhamSherman Oaks197209/15/2026332,4846,391$1.60M$1.60M$6441.003473
14325 Millbrook DriveSherman Oaks195310/02/2026322,0309,039$1.45M$1.37M$6760.957570
3534 StonehillSherman Oaks196310/09/2026332,01630,771$1.93M$1.91M$9470.997367
3901 Ventura Canyon AvenueSherman Oaks196809/10/2026432,61914,213$2.52M$2.48M$9490.986366
3553 Summerfield DriveSherman Oaks195909/21/2026322,00813,667$1.43M$1.41M$7000.997460
Total: 5 · Average3.22.62,231.414,816.2$1.75M$1.75M$783.2—63.8
Median2,030$1.60M$1.60M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.