3539 Alana Drive
Sherman Oaks, CA, 91403
$2,795,000
MLS: 26729783
Beds
4
Baths
4
Sq Ft
3,716
Lot
0.32 ac
Year Built
1975
MLS #
26729783
Days on Market
8
Listed
Apr 13, 2026
Description
A Rare Estate of Uncompromising Refinement South of Ventura Boulevard. Rare opportunity to acquire a fully remodeled luxury estate in the coveted Royal Woods enclave of Sherman Oaks, south of Ventura Blvd. Set on an expansive 14,112 sq ft lot with 3,716 sq ft of refined living space, this residence offers a level of quality and craftsmanship that would be exceptionally difficult to replicate at today's construction and labor costs. Comprehensive top-to-bottom renovation completed 2023 new stucco, electrical, plumbing, flooring, and custom designer bathrooms throughout. Interior features soaring ceilings, floor-to-ceiling windows, and a sophisticated European-style kitchen with premium stainless steel appliances. Thoughtfully curated layout includes a custom entertainment room with built-in bar and karaoke room, upper-level family room with vaulted ceilings and fireplace, formal dining, and a luxurious primary suite with spa-inspired fully remodeled bath. Striking floor-to-ceiling glass-walled gym/executive office. Upper-level guest and primary bedrooms with breathtaking valley views. Outdoor spaces are designed for large-scale entertaining: waterfall, koi pond, covered patio, modern pergola with full outdoor BBQ kitchen, and wrap-around front patio with sweeping valley views. Additional features: dedicated office, whole-house water softening system, in-ceiling sound system, and comprehensive security/alarm system. Moments from the 405 & 101, Ventura Blvd dining and shopping, and area hiking trails. Properties of this caliber, location, and lot size in Royal Woods rarely become available. Showings by appointment only text agent to schedule.
Location
Sherman Oaks, Los Angeles County, CA 91403
Open on Google Maps ↗Listed by: Oksana Shkarupelova · Real Estate Source, Inc.
Payment estimate
$19,715
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $279,500 · Loan: $2,515,500
- Principal & Interest
- $15,456
- Property tax (1.25%)
- $2,911
- Homeowners insurance
- $300
- Mortgage insurance
- $1,048
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 $97,825 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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