13201 Cheltenham Drive, Sherman Oaks, California 91423, Sherman Oaks, 91423 - 3 bed, 3 bath

13201 Cheltenham Drive, Sherman Oaks, California 91423 home-pic-0
ACTIVE$2,275,000
13201 Cheltenham Drive, Sherman Oaks, California 91423
3Beds
3Baths
2,384Sqft
7,022Lot
Year Built
1941
Close
-
List price
$2.27M
Original List price
$2.45M
Price/Sqft
$954
HOA
-
Days on market
-
Sold On
-
MLS number
25568823
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s), Panoramic, Valley
Deck
Patio
ViewCity Lights,Hills,Mountain(s),Panoramic,Valley

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.27M(64th), sqft - 2384(47th), beds - 3(41th), baths - 3(50th).

Tucked away South of Ventura Boulevard in the hills above Sherman Oaks, sits a private, gated mid-century style home, blocks from Dixie Canyon Charter Elementary School, St. Francis Elementary, the Buckley School and Harvard-Westlake School. Walk through the front door into the open simplicity of the living room and dining area. On the fireplace wall behind you, beautifully designed bookshelves and cabinets, on the other, windows open to a breathtaking view above the tree tops and across the Valley to the mountains beyond. Have your morning coffee al fresco on the patio, at the dining room table or in the spacious gourmet kitchen. A few steps take you downstairs to the primary bedroom with ensuite bath and walk-in closet. A large family style room for cozy family evenings watching TV or for the kids to call their own, separates the primary from two more bedrooms and full bath. All the rooms open through sliding doors to another patio, an additional spot for entertaining or relaxing as the sun sets over the Valley. The views, fully landscaped hillside and flat lawn area below make this one-of-a-kind property a park-like living experience. It's hard to beat a hillside home that's within easy walking distance to schools, coffee houses, restaurants, bagels, gyms and Pilates studios, and a short drive from Whole Foods, Trader Joes, Gelsons and Ralphs.

Nearby schools

9/10
Kester Avenue Elementary School
Public,K-52.6mi
6/10
John B. Monlux Elementary School
Public,K-52.8mi
9/10
Roscomare Road Elementary School
Public,K-52.8mi
6/10
Erwin Elementary School
Public,K-52.8mi
8/10
Lanai Road Elementary School
Public,K-53.9mi
9/10
Warner Avenue Elementary School
Public,K-55.0mi
6/10
Walter Reed Middle School
Public,6-82.3mi
2/10
Van Nuys Middle School
Public,6-82.4mi
5/10
James Madison Middle School
Public,6-83.8mi
5/10
William Mulholland Middle School
Public,6-85.7mi
3/10
William Mulholland Middle School
Public,6-85.9mi
6/10
Ulysses S. Grant Senior High School
Public,9-122.5mi
8/10
North Hollywood Senior High School
Public,9-122.6mi
6/10
Van Nuys Senior High School
Public,9-123.7mi
6/10
University Senior High School
Public,9-127.0mi
6/10
University Senior High School Charter
Public,9-127.0mi

Price History

Date
Event
Price
10/20/25
Price Change
$2,275,000-3.2%
09/13/25
Price Change
$2,350,000-4.1%
07/24/25
$2,450,000
Condition Rating
Good

This property, built in 1941, has undergone significant and high-quality renovations, making it move-in ready with no immediate updates required. The kitchen features modern white shaker-style cabinets, dark countertops, stainless steel appliances (dishwasher visible), and updated flooring, presenting a 'gourmet' and contemporary feel. The bathrooms are also extensively updated with modern vanities, stone countertops, updated fixtures, and stylish wood-slatted accents, all in excellent condition. Hardwood floors are present in living areas and bedrooms, and recessed lighting is used throughout, indicating recent electrical and aesthetic upgrades. While the original structure is older, the visible interior components, especially the kitchen and bathrooms, appear to have been extensively renovated within the last 5-15 years, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location & Walkability: Tucked away South of Ventura Boulevard in the desirable Sherman Oaks hills, the property offers exceptional walkability to schools, coffee houses, restaurants, gyms, and Pilates studios, with major grocery stores just a short drive away.
Panoramic Views: The home boasts breathtaking, expansive views across the Valley to the mountains, enhancing its aesthetic appeal and providing a serene backdrop for daily living and entertaining.
Private & Gated Estate: As a private, gated mid-century style home, it offers an exclusive and secure living environment, appealing to buyers seeking privacy and tranquility.
Exceptional Outdoor Living: The property features a fully landscaped hillside, a flat lawn area, and multiple patios, creating a park-like living experience with ample space for relaxation and entertaining outdoors.
Functional & Inviting Layout: The interior offers an open living and dining area, a spacious gourmet kitchen, a large family room, and a primary suite with an ensuite bath and walk-in closet, designed for comfortable family living and entertaining.

Cons

Significant Price Reductions: The property has undergone multiple price reductions, from an original list price of $2.45M down to $2.275M, which may suggest initial overpricing or difficulty in attracting buyers at previous price points.
Age of Construction: Built in 1941, the home's age, while contributing to its mid-century charm, could imply potential for outdated systems (e.g., plumbing, electrical, HVAC) or the need for ongoing maintenance typical of older properties not explicitly noted as fully updated.
Estimated Value Discrepancy: The current list price of $2.275M is still 6% above the property's estimated market value of approximately $2.208M, which could be a point of negotiation for potential buyers.

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