A new cultivar ‘Sanjanghyang’ was bred from monokaryotic strains of ‘Sanbaekhyang’ and ‘Jangan 1ho’. Pileus was flat, round, and reddish brown. The diameters of the pilei and stipe length of the fruiting bodies were 67.1 mm and 16.9 mm, respectively. The scales were white or slightly brown and distributed evenly. The gill density was sparse and showed a rippled texture. The stipe was cream in color and the fluff was medium. ‘Sanjanghyang’ had a short cultivation period and fruiting bodies occurred sporadically. Temperature for fruiting body formation was a medium, between 15 to 19°C. ‘Sanjanghyang’ was different from ‘Sanbaekhyang’ with regard to its pileus diameter (67.1 mm) and autumn and spring fruiting body production period. ‘Sanbaekhyang’ had pileus diameter of 74.7 mm, and fruiting body formation occurred in spring and autumn. The rate of fruiting body formation was 89% (first flush), 4% (second flush), and 7% (third flush).