Stoneridge Estates is a luxury gated enclave in the hills of Sherman Oaks just off Mulholland Drive, sometimes considered part of Sherman Oaks and other times grouped with neighboring Bel Air depending on the source. The community consists of 11 large homesites along Stoneridge Lane, representing some of the highest price points in the broader Sherman Oaks hillside market.
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Homes in Stoneridge Estates are priced from roughly $5.6 million to over $10 million, with nearly every property featuring a backyard swimming pool. Lot sizes range from about 20,000 square feet to nearly 5 acres, and homes can reach up to 11,000 square feet. Almost all of the homesites along Stoneridge Lane, with one exception, are accessed via a cul-de-sac, which limits through-traffic and adds to the sense of privacy.
The enclave has attracted high-profile attention, including a widely covered ultra-modern estate on Stoneridge Lane listed at $25 million (source: Robb Report, rubyhome, San Miguel Sotheby’s). The combination of gated access, large lots, and hillside privacy places Stoneridge Estates among the most exclusive addresses associated with Sherman Oaks.
Homes in this area of Sherman Oaks offer a combination of architectural character, established landscaping, and strong community identity that attracts buyers looking for something beyond a generic suburban tract. While the broader Sherman Oaks market provides a range of options, this particular pocket has its own micro-market dynamics — often with faster absorption times and tighter inventory than comparable addresses across town.
newer townhome communities and gated pocket developments carry monthly HOA dues; older single-family homes typically have none Buyers who prioritize privacy, outdoor space, and a neighbors-who-wave culture consistently point to neighborhoods like this one as undervalued relative to the broader San Fernando Valley market.
The homes in this area range from post-war single-family residences to updated modern builds, with many properties undergoing significant renovations over the past decade. Lot sizes are competitive for Los Angeles County standards. Most homes feature private outdoor space, attached garages, and mid-century design cues that have become increasingly sought-after in Southern California real estate.
Buyers with specific taste — whether for Spanish Colonial, Craftsman, or Contemporary — will find homes here that meet that brief. The range of price points within the community also means that entry-level buyers and move-up buyers often shop the same streets, which keeps demand diversified across market cycles.
This area of Sherman Oaks has tracked alongside or above the broader San Fernando Valley appreciation curve over the past several years. Rental demand is also strong — single-family homes in Sherman Oaks attract quality long-term tenants, making buy-and-hold strategies viable even with current interest rate environments. The Knight Group tracks off-market opportunities in this area specifically because they rarely generate open-offer situations and tend to close with less friction than listed properties.
Stoneridge Estates represents the upper tier of the Sherman Oaks hillside residential market — the semi-private estate community above the Stone Canyon neighborhood that delivers the combination of valley views, estate lot sizes, and the architectural quality that the Sherman Oaks luxury buyer seeks at the hilltop elevation tier. The community’s semi-private street format (limited through-traffic, cul-de-sac configurations) creates the residential seclusion that the estate buyer prioritizes as the defining characteristic of the upper hillside position within the SFV’s mountain-front residential markets. Homes in Stoneridge Estates tend to be larger and more recently constructed or comprehensively renovated than the lower-hillside Sherman Oaks inventory — the land values at this elevation tier economically justify the estate-quality construction and renovation investment that the mid-hillside and flat-grid markets do not support at the same scale. The panoramic views from the Stoneridge Estates elevation — spanning the San Fernando Valley floor to the Santa Susana and San Gabriel mountain ranges on clear days — create the amenity that no amount of renovation can replicate in the flat-grid residential market: the view is the irreplaceable natural asset that the hillside estate’s elevated position provides.
The Sherman Oaks hillside market has appreciated at above-average rates over the 10-20 year horizon as the Westside employment growth (the tech industry’s expansion at Playa Vista, the media streaming industry’s Culver City presence) has intensified the hillside-SFV buyer’s demand for the view estate that provides both the Westside commute access (via Sepulveda Pass and Mulholland) and the SFV price discount relative to the equivalent Bel Air or Pacific Palisades hillside property. Stoneridge Estates participates in this appreciation dynamic: the supply-constrained hillside estate inventory, the persistent entertainment industry demand, and the Westside commute access premium create the investment case that the Stoneridge buyer benefits from alongside the lifestyle that the hilltop estate provides.
Fire Risk: Stoneridge Estates sits in the hills just off Mulholland Drive, an area that falls within or near a Very High Fire Hazard Severity Zone under Cal Fire’s Santa Monica Mountains mapping. [INSERT: confirm the specific fire hazard zone designation for individual parcels via the LA Fire Department’s hazard map before publishing to a buyer.]
Climate: The hillside elevation near Mulholland Drive brings cooler evenings and more direct marine layer exposure than the valley floor, with the large lot sizes allowing for extensive landscaping and pool areas that take advantage of the setting.
Getting Around: Stoneridge Lane connects to Mulholland Drive, providing a hillside route toward Bel Air and the Westside, while the Sherman Oaks flatlands and Ventura Boulevard are a drive down the hill.
Schools: Residents with school-age children are part of the Los Angeles Unified School District and are typically served by schools including Roscomare Road Elementary. [INSERT: confirm current middle and high school assignments for this address, as Stoneridge Estates sits near the Sherman Oaks/Bel Air boundary.]
Water: Water service is provided by the Los Angeles Department of Water and Power (LADWP).
Los Angeles Unified School District (LAUSD) serves this area. Within the neighborhood’s draw zone, families typically access Kester Avenue Elementary, Van Nuys Middle, and Birmingham Charter. LAUSD and private school options are also available for families pursuing specialized programs in math, arts, or bilingual education. The availability of strong public schools at multiple grade levels is a consistent driver of demand in this area.
Residents commute primarily via Ventura Blvd, the 405 Freeway, and Sepulveda Blvd, with typical drive times of 20–40 minutes to Century City, Burbank, and Downtown LA. For buyers who prioritize non-freeway alternatives, local surface streets and rideshare coverage are solid. Remote work has reduced the commute calculus for many buyers in this market, but access to major employment corridors still factors into pricing at the neighborhood level.
Day-to-day conveniences are handled by Ventura Blvd’s restaurant row, Westfield Fashion Square, and the Galleria. Grocery options, pharmacies, fitness studios, and coffee shops are accessible without significant driving. The mix of national brands and local independents gives the area a lived-in feel that distinguishes it from purely commercial suburban centers.
Outdoor recreation centers on Balboa Park, the Van Nuys Sherman Oaks Recreation Area, and easy 405 access to the coast. Year-round outdoor activity is the norm in Southern California, and this neighborhood’s access to trails, parks, and recreational facilities is a meaningful part of the value proposition for active buyers. Nearby options expand the range further for buyers who prioritize specific activities like cycling, hiking, or swimming.
Pricing Snapshot: As of mid-June 2026, Sherman Oaks citywide has a median sale price around $1,680,000, up 36.2% year over year, or about $759 per square foot (up 5.3% year over year), with a median list price around $1,730,000, or about $767 per square foot. About 275 homes were on the market with 54 recently sold, homes typically going pending in around 62 days at about 99.4% of list price, buyers averaging roughly two offers per home, and a typical down payment around 40.0% (source: Redfin).
Recent Sales and Inventory: Stoneridge Estates homes are priced from roughly $5.6 million to over $10 million, with one ultra-modern estate on Stoneridge Lane listed at $25 million, placing the enclave well above the broader Sherman Oaks citywide figures noted above.
Price Trends: As one of only 11 homesites, turnover in Stoneridge Estates is infrequent, and pricing is driven more by the scale, privacy, and finish level of each individual estate than by the broader Sherman Oaks market trend.
Active listings in this area of Sherman Oaks have been trading in the $900K–$3.5M range for single-family homes, depending on square footage, lot size, and renovation quality. The market is sensitive to condition: fully updated homes transact at the top of the range, while fixer-upper and dated inventory sits longer and tends to attract investor offers below list. Understanding this bifurcation is essential for buyers calibrating their search budget.
The buyer profile here skews toward young professionals, families upgrading from condos, and Valley commuters wanting proximity to the Westside. Demand is rarely speculative — most buyers who commit to this neighborhood are making primary residence decisions tied to school zoning, commute routes, or lifestyle preferences that are not easily substituted elsewhere. This makes the market relatively resilient during broader downturns: demand does not evaporate, it waits.
Inventory has been tight relative to historical averages. Well-priced homes in move-in condition typically receive multiple offers within the first week. Overpriced or significantly deferred-maintenance properties sit considerably longer — sometimes through multiple price reductions — before finding a buyer. The Knight Group uses real-time MLS data to identify mispriced inventory and act before market corrections happen.
The price dynamics in this area are shaped by Sherman Oaks’ central location and strong rental market create consistent demand from both owner-occupants and investors. Buyers who understand these local drivers are better positioned to make competitive offers and negotiate from strength. The Knight Group’s market intelligence extends beyond list prices and includes off-market sales, pending transactions, and expired listings that paint a more complete picture of true market value in this area.
Sherman Oaks is the SFV’s most balanced market — the combination of walkable Ventura Boulevard commercial access, established school options, and the Westside-proximate location that the Sepulveda Pass provides creates demand from the broadest buyer profile in the Valley. Within Sherman Oaks, sub-neighborhood pricing stratifies by the north-of-Ventura vs. south-of-Ventura divide and by proximity to the shopping center nodes (the Sherman Oaks Galleria area, the Ventura-Woodman node). North-of-Ventura Sherman Oaks flat-grid properties typically trade $1.3M-$2.2M for single-family detached, while the south-of-Ventura grid runs $1.1M-$1.8M. The Sherman Oaks Galleria-adjacent condo and townhome market provides the entry tier at $600K-$950K. Days on market in well-priced Sherman Oaks inventory average 14-21 days — among the fastest in the SFV — reflecting the depth of buyer demand across the broad target demographic that Sherman Oaks attracts. For the investment buyer, Sherman Oaks multifamily properties along Ventura and Van Nuys corridors offer 4.0-4.8% gross yields with the Valley appreciation backstop that the Westside proximity and the LAUSD school quality sustain.
How many homes are in Stoneridge Estates?
The enclave consists of 11 large homesites along Stoneridge Lane, just off Mulholland Drive.
What is the price range for homes here?
Homes are typically priced from roughly $5.6 million to over $10 million, with at least one ultra-modern estate listed at $25 million.
Is Stoneridge Estates part of Sherman Oaks or Bel Air?
Sources vary, with the enclave sometimes considered part of Sherman Oaks and other times grouped with neighboring Bel Air, reflecting its location near the boundary between the two areas.
Competition varies significantly by price point and condition. Turnkey single-family homes in desirable pockets of Sherman Oaks often attract multiple offers — particularly when listed under $900K. Fixer-uppers and properties with deferred maintenance see much softer competition. Working with an agent who has real-time visibility into days-on-market and offer-history data is critical to calibrating your bid strategy correctly.
Sherman Oaks has demonstrated consistent appreciation over the past decade, supported by Sherman Oaks’ central location and strong rental market create consistent demand from both owner-occupants and investors. While no market guarantees future returns, the fundamentals here — limited land supply, strong school performance, and proximity to employment — align with the characteristics that historically underpin sustained appreciation in Southern California. The Knight Group can provide a detailed appreciation analysis for specific streets or sub-neighborhoods on request.
A meaningful percentage of transactions in Sherman Oaks — particularly in the upper price tiers — never hit the MLS. Sellers who want privacy, convenience, or to avoid the preparation costs of a listed sale often prefer a direct buyer introduction. The Knight Group maintains an active off-market network in Sherman Oaks and can present qualified buyers to sellers before a property is listed. If your target property type is not available on-market, a conversation with our team about off-market options is worth having.
Sherman Oaks contains multiple distinct micro-neighborhoods, each with its own character, price range, and amenity profile. The differences between a north-of-Ventura address and a south-of-Ventura address in this area, for example, can be meaningful in terms of pricing, lot size, and school assignment. The Knight Group provides neighborhood-level guidance — not just city-level — to ensure buyers understand exactly what they are buying into before making an offer.
Stoneridge Estates properties typically trade in the $2.5M-$6M range, reflecting the estate lot sizes, the valley views, and the upper-hillside position that distinguishes the community from the lower-tier Sherman Oaks hillside inventory. The upper end of the range reflects the fully renovated or newly constructed contemporary estates with pool, sport court, and the full luxury amenity package; the entry tier reflects the dated originals or the teardown candidates where the lot value exceeds the structure’s contribution to the sale price.
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