15126 Rayneta Drive, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 4 bed, 3 bath

15126 Rayneta Drive, Sherman Oaks, California 91403 home-pic-0
ACTIVE$2,500,000
15126 Rayneta Drive, Sherman Oaks, California 91403
4Beds
3Baths
2,600Sqft
24,000Lot
Year Built
1946
Close
-
List price
$2.5M
Original List price
$2.68M
Price/Sqft
$962
HOA
-
Days on market
-
Sold On
-
MLS number
25560195
Home ConditionFair
Features
Good View: Hills, Panoramic
ViewHills, Panoramic

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.50M(70th), sqft - 2600(49th), beds - 4(50th), baths - 3(50th).

Rare opportunity to own three parcels with 3 APNs, totaling over 24,000 square feet tucked away in the hills of Sherman Oaks, South of Ventura Blvd. This beautiful contemporary residence offers panoramic views and unmatched privacy. Three lots for the price of one in one of LA's most sought-after hillside neighborhoods. Spanning over 2,500 square feet, the home features 4 bedrooms and 3 bathrooms, designed with a seamless blend of modern finishes and warm natural light. Large windows showcase the sweeping views from most rooms, while multiple outdoor areas offer ideal spaces for entertaining or peaceful solitude above the city. The property's expansive grounds invite endless possibilities, from future development to lush landscaping or private outdoor amenities. The open concept main level includes spacious living and dining areas that flow into a sleek kitchen, all positioned to capture the incredible views. The primary suite includes direct outdoor access while additional bedrooms offer flexibility for guests, home offices, or creative studios. Located just minutes from the vibrant lifestyle of Ventura Blvd, you're moments away from fine dining, boutique shopping, fitness studios, cafes, and some of the best entertainment the Valley has to offer. This is more than a home, it's a private hillside sanctuary with the space, views, and location to match.

Price History

Date
Event
Price
08/05/25
$2,500,000
06/06/25
$2,680,000
Condition Rating
Fair

The property was built in 1946. While the description mentions modern finishes and a sleek kitchen, the images show a kitchen with some updated elements (stainless steel island) but also older cabinets and appliances. The bathrooms are not clearly visible. The interior appears to be maintained but not recently fully renovated. Therefore, a 'Fair' rating is appropriate.
Pros & Cons

Pros

Panoramic Views: The property boasts panoramic views from most rooms, enhancing its appeal and market value.
Large Lot Size: The property includes three parcels totaling over 24,000 sqft, offering development potential or enhanced privacy.
Prime Location: Located in the hills of Sherman Oaks, South of Ventura Blvd, providing convenient access to dining, shopping, and entertainment.
Modern Design: The residence features a contemporary design with modern finishes and ample natural light.
Development Potential: The expansive grounds invite endless possibilities, from future development to lush landscaping or private outdoor amenities.

Cons

Year Built: Built in 1946, the property may require updates to meet modern standards and preferences.
Price Reduction: The property has experienced a price reduction, which may indicate market resistance or perceived issues.
Hillside Location: Hillside locations can present challenges related to accessibility, landscaping, and potential for geological hazards.

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