This is your chance to build a custom luxury estate in one of Los Angeles' most coveted hillside neighborhoods. Situated on a quiet, tree-lined paper street on Newcomb Drive, the parcel sits among multi-million-dollar homes and active new construction a clear signal of the area's continued growth. The lot spans over 6,000 square feet with R-1 zoning and commands panoramic views of the San Fernando Valley and surrounding mountains, offering an exceptional canvas for a custom-built residence. Paved road currently extends to within approximately 300 feet of the property, with nearby development further improving access and long-term value. As one of the last remaining buildable lots in the area, it represents a genuinely rare opportunity for both end users and investors. Utilities are not yet connected on-site but are available nearby through neighboring developed properties. The location is hard to beat: minutes from Ventura Boulevard's dining, shopping, and entertainment, with easy access to Beverly Hills, Burbank Airport, Santa Monica, and Downtown LA, plus proximity to some of the area's top schools. Unmatched views, a premier hillside address, and strong development potential make this a rare chance to create a one-of-a-kind estate in the heart of Sherman Oaks.
Details
MLS #
26667069
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
171
Listing Provided By
Nelson Shelton & Associates | Victoria Aguilar
Features
Zoning
LAR1
Acreage
0.14
Property View
Yes
Area Information
State
CA
County
Los Angeles
City
Sherman Oaks
Zip Code
91423
Area
SO Sherman Oaks
Listing VS Median (in 91423)
Price: $99,000
low | high
Med: $795,000
100% of Average
On site: 171
low | high
Med: 220
77.727272727273% of Average
Sourced by Back At You
Market Activity 91423
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 1
Avg $ Per SqFt: $906.81
Min Sale Price: $1,810,000
Max Sale Price: $1,810,000
Med Sale Price: $1,810,000
Date: Jul 2026
Sales: 6
Avg $ Per SqFt: $746.38
Min Sale Price: $830,000
Max Sale Price: $5,350,000
Med Sale Price: $1,514,000
Date: Jun 2026
Sales: 17
Avg $ Per SqFt: $734.89
Min Sale Price: $560,000
Max Sale Price: $2,100,000
Med Sale Price: $1,485,000
Date: May 2026
Sales: 17
Avg $ Per SqFt: $743.1
Min Sale Price: $520,000
Max Sale Price: $5,320,000
Med Sale Price: $1,520,000
Date: Apr 2026
Sales: 26
Avg $ Per SqFt: $806.56
Min Sale Price: $630,000
Max Sale Price: $8,415,000
Med Sale Price: $2,042,500
Date: Mar 2026
Sales: 30
Avg $ Per SqFt: $760.38
Min Sale Price: $478,000
Max Sale Price: $4,425,000
Med Sale Price: $1,576,250
Date: Feb 2026
Sales: 27
Avg $ Per SqFt: $794.42
Min Sale Price: $586,500
Max Sale Price: $5,285,000
Med Sale Price: $1,710,000
Date: Jan 2026
Sales: 21
Avg $ Per SqFt: $703.93
Min Sale Price: $420,000
Max Sale Price: $10,347,785
Med Sale Price: $1,510,000
Date: Dec 2025
Sales: 5
Avg $ Per SqFt: $658.96
Min Sale Price: $458,888
Max Sale Price: $2,765,000
Med Sale Price: $700,000
Date: Nov 2025
Sales: 1
Avg $ Per SqFt: $692.34
Min Sale Price: $1,600,000
Max Sale Price: $1,600,000
Med Sale Price: $1,600,000
Date: Oct 2025
Sales: 6
Avg $ Per SqFt: $735.02
Min Sale Price: $495,000
Max Sale Price: $3,650,000
Med Sale Price: $2,202,500
Date: Sep 2025
Sales: 1
Avg $ Per SqFt: $476.13
Min Sale Price: $887,500
Max Sale Price: $887,500
Med Sale Price: $887,500
Sourced by Back At You
Aug 2026
Sales:
1
Avg $ Per SqFt:
$906.81
Min Sale Price:
$1,810,000
Max Sale Price:
$1,810,000
Med Sale Price:
$1,810,000
Jul 2026
Sales:
6
Avg $ Per SqFt:
$746.38
Min Sale Price:
$830,000
Max Sale Price:
$5,350,000
Med Sale Price:
$1,514,000
Jun 2026
Sales:
17
Avg $ Per SqFt:
$734.89
Min Sale Price:
$560,000
Max Sale Price:
$2,100,000
Med Sale Price:
$1,485,000
May 2026
Sales:
17
Avg $ Per SqFt:
$743.1
Min Sale Price:
$520,000
Max Sale Price:
$5,320,000
Med Sale Price:
$1,520,000
Apr 2026
Sales:
26
Avg $ Per SqFt:
$806.56
Min Sale Price:
$630,000
Max Sale Price:
$8,415,000
Med Sale Price:
$2,042,500
Mar 2026
Sales:
30
Avg $ Per SqFt:
$760.38
Min Sale Price:
$478,000
Max Sale Price:
$4,425,000
Med Sale Price:
$1,576,250
Feb 2026
Sales:
27
Avg $ Per SqFt:
$794.42
Min Sale Price:
$586,500
Max Sale Price:
$5,285,000
Med Sale Price:
$1,710,000
Jan 2026
Sales:
21
Avg $ Per SqFt:
$703.93
Min Sale Price:
$420,000
Max Sale Price:
$10,347,785
Med Sale Price:
$1,510,000
Dec 2025
Sales:
5
Avg $ Per SqFt:
$658.96
Min Sale Price:
$458,888
Max Sale Price:
$2,765,000
Med Sale Price:
$700,000
Nov 2025
Sales:
1
Avg $ Per SqFt:
$692.34
Min Sale Price:
$1,600,000
Max Sale Price:
$1,600,000
Med Sale Price:
$1,600,000
Oct 2025
Sales:
6
Avg $ Per SqFt:
$735.02
Min Sale Price:
$495,000
Max Sale Price:
$3,650,000
Med Sale Price:
$2,202,500
Sep 2025
Sales:
1
Avg $ Per SqFt:
$476.13
Min Sale Price:
$887,500
Max Sale Price:
$887,500
Med Sale Price:
$887,500
MLS#: 26667069 Listed By: Victoria Aguilar - Nelson Shelton & Associates - 3102712229-
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
MLS#: 26667069 Listed By: Victoria Aguilar - Nelson Shelton & Associates - 3102712229-