4718 Lemona Avenue, Sherman Oaks, California 91403, Sherman Oaks, 91403 - 4 bed, 5 bath

4718 Lemona Avenue, Sherman Oaks, California 91403 home-pic-0
ACTIVE$3,995,000
4718 Lemona Avenue, Sherman Oaks, California 91403
4Beds
5Baths
3,240Sqft
6,752Lot
Year Built
2025
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
$1,233
HOA
-
Days on market
-
Sold On
-
MLS number
24466839
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.00M(96th), sqft - 3240(59th), beds - 4(50th), baths - 5(66th).

Welcome to this stunning, one-of-a-kind modern brand new construction in the heart of Sherman Oaks by MLR Development. This is your opportunity to customize the home of your dreams. Beautifully crafted, using only the finest materials, this state-of-the-art 4 bed/5 bath house is an entertainer's paradise! Boasting high ceilings, glass pocket doors, and two stories, the expansive floor plan, has an open-air feeling throughout. The chef's kitchen has Miele appliances, marble countertops, a large island counter, walk in pantry, butlers pantry and recessed lighting. All Bedrooms are en-suite with an oversized master bath and walk-in closet - 3 are upstairs and one on the main floor. The lush and large backyard, complete with pool, spa, outdoor kitchen, and lush greenery makes this CA indoor-outdoor living at its finest. Steps from Ventura Boulevard, this Smart home is a once-in-a lifetime chance to put the finishing touches on a top-of-the-line construction, making it the home of your dreams, and is not to be missed!

Condition Rating
Excellent

This property is a brand new construction (built in 2025) described as 'modern' and 'state-of-the-art,' utilizing 'finest materials.' The kitchen features high-end Miele appliances, marble countertops, and a functional layout with multiple pantries. All bathrooms are en-suite, including an oversized master bath, indicating luxury and modern design. As a new build, all components are new, meet current quality standards, and have no deferred maintenance, perfectly aligning with the 'excellent' criteria.
Pros & Cons

Pros

Brand New Modern Construction: A stunning, one-of-a-kind modern brand new construction (2025) by MLR Development, featuring state-of-the-art design and the finest materials.
Luxury Finishes & Smart Home: Equipped with high-end Miele appliances, marble countertops, high ceilings, glass pocket doors, and smart home technology, offering a sophisticated living experience.
Exceptional Indoor-Outdoor Living: An entertainer's paradise with an expansive open floor plan, lush and large backyard featuring a pool, spa, and outdoor kitchen, epitomizing California living.
Prime Sherman Oaks Location: Strategically located in the heart of Sherman Oaks, just steps from Ventura Boulevard, providing convenient access to upscale amenities and vibrant city life.
En-Suite Bedrooms & Master Suite: All four bedrooms are en-suite, including an oversized master bath and walk-in closet, providing privacy and luxury for residents and guests.

Cons

Significant Price Discrepancy: The current listing price of $3.995M is 16% higher than the estimated property value of $3.34M, which may present a challenge in justifying the asking price to potential buyers.
High Price Point: With a nearly $4 million price tag, the property targets a very specific, affluent buyer demographic, potentially limiting the pool of interested parties and extending market time.
Limited Customization Scope: While described as an opportunity to 'customize' and 'put the finishing touches,' this implies major structural and design elements are already set, potentially limiting true bespoke personalization for buyers seeking a ground-up custom build.

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