16230 Meadowcrest Road
Sherman Oaks, CA, 91403
$2,595,000
MLS: 26653639
Beds
5
Baths
4
Sq Ft
3,540
Lot
0.35 ac
Year Built
1978
MLS #
26653639
Days on Market
43
Listed
Feb 19, 2026
Description
**PRICED TO SELL** Situated on a quiet cul-de-sac in the coveted Royal Woods neighborhood of Sherman Oaks, this Mediterranean-style residence sits on one of the largest flat lots in the area, offering exceptional privacy and space, a rare opportunity as homes on parcels of this size in such a highly sought-after neighborhood seldom come to market. A dramatic entrance with a grand foyer and staircase creates an immediate and refined sense of living, complemented by soaring cathedral ceilings and light-filled interiors. Multiple living spaces throughout the home provide flexibility for both everyday living and entertaining, including a spacious family room with fireplace and built-in bar. The chef's kitchen features a center island, premium granite countertops, breakfast area, and formal dining room nearby. The primary suite serves as a private retreat with vaulted ceilings, sitting area, and spa-like bath with dual vanities, steam shower, and soaking tub. Designed for year-round enjoyment, the resort-style backyard offers multiple areas for outdoor activities and entertaining, including an expansive lawn, pool and spa with waterfall, outdoor shower, and built-in BBQ. The property features access to a beautifully maintained tennis court located right next door, shared with only seven other residences - an exceptional amenity that adds both lifestyle and exclusivity. Additional highlights include a three-car garage with built-in storage, security system, new French doors, triple-pane windows, updated electrical, plumbing and gas lines, new gutters and exterior lighting, and a new heating and air conditioning system, all just minutes from shops, restaurants, and approximately 20 minutes from the city.
Location
Sherman Oaks, Los Angeles County, CA 91403
Open on Google Maps ↗Listed by: Alphonso Lascano · Carolwood Estates
Payment estimate
$18,326
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $259,500 · Loan: $2,335,500
- Principal & Interest
- $14,350
- Property tax (1.25%)
- $2,703
- Homeowners insurance
- $300
- Mortgage insurance
- $973
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Sherman Oaks home with as little as 3.5% down using an FHA loan — roughly $90,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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