
Westlake Village, California 91361
This Turnkey Lakeside Condominium is a High-Potential Investment Opportunity, listed at $1,060,000—positioned well below the $1,245,305 Fair Market Value by 14%. This valuation gap offers $185,305 in Instant Equity. Featuring a Mint Condition Rating with a remodeled kitchen and panoramic lake views, the property offers a resort-like lifestyle with access to top-rated schools like Westlake Elementary. This is an ideal acquisition for Owner-Occupants seeking luxury or Buy-and-Hold Investors prioritizing prime, high-demand real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1160 S Westlake A Subject | $1,060,000* List Price | 3 | 3 | 1,818 | $672 | - |
A 1232 S Westlake Boulevard B Sold | $1,110,000 | 3 | 3 | 1,818 | $611 | 0.1 mi |
B 2752 Lakewood Place Sold | $1,055,000 | 3 | 2 | 1,430 | $738 | 0.5 mi |
C 2167 Wimbledon Circle Sold | $1,099,000 | 2 | 2 | 1,540 | $714 | 0.2 mi |
D 2213 Crespi Lane 91 Sold | $998,000 | 3 | 2 | 1,500 | $665 | 0.3 mi |
E 1137 Bright Glen Circle Sold | $750,000 | 2 | 2 | 1,149 | $653 | 0.4 mi |
F 2546 Northlake Circle Sold | $800,000 | 2 | 2 | 1,144 | $699 | 0.2 mi |
G 1129 Glenbridge Circle Sold | $797,000 | 2 | 2 | 1,149 | $694 | 0.3 mi |
H 1228 S Westlake Boulevard B Pending | $1,179,000 List Price | 2 | 3 | 1,936 | $609 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the property has undergone a comprehensive recent remodel (likely <5 years) as evidenced by the modern kitchen, updated bathrooms with contemporary vanities, and new flooring. The home is in mint, move-in ready condition with high-end finishes like plantation shutters and quartz countertops.
The property offers direct lake and mountain views with immediate access to the Westlake Bay lifestyle, including the rare opportunity to lease a boat dock for electric boats or kayaks.
Extensively remodeled with a contemporary kitchen, updated bathrooms, plantation shutters, and custom built-ins, ensuring a move-in-ready experience for discerning buyers.
Residents benefit from a recently renovated clubhouse, fitness center, and two pools, significantly enhancing the overall value and resort-like feel of the development.
The monthly HOA fee of $925 is substantial and may impact buyer affordability or be perceived as a high carrying cost compared to other local options.
Originally built in 1974, the condominium may have aging infrastructure or common elements typical of older developments, despite the high-quality interior renovations.
Experience the beauty of lakeside living in this beautifully upgraded and remodeled 3-bedroom, 2.5-bath condominium in the highly desirable Westlake Bay community. Move-in ready and thoughtfully updated throughout, this home welcomes you with a radiant stained-glass entry window and an inviting living room featuring a cozy fireplace. Plantation shutters throughout. The remodeled kitchen, updated powder room, and distinctive dining area with custom built-ins create a stylish and functional living space. Upstairs, the primary suite offers peaceful lake views and a beautifully updated en-suite bath with walk-in shower. Two additional bedrooms and a bathroom complete the upper level. An interior laundry area includes a washer and dryer for added convenience. Step outside to your own patio and enjoy direct lake views, spectacular sunsets, and the tranquil setting that makes Westlake Bay so special. Community amenities include two pools, a recently renovated clubhouse, fitness area, and the opportunity to lease a boat dock slip for enjoying the lake by electric boat, or kayak. Ideally located near shopping, dining, and everyday conveniences, this exceptional home offers a rare opportunity to enjoy the Westlake Bay lifestyle. Come experience lakefront living at it's finest.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,818 | 1,187 |
| Lot Size | 3,920 | 3,049 |
| Price | $1.06M | $664.1K |
| Price per sq ft | $583 | $609 |
| Built year | 1974 | 1974 |
| HOA | $925.0 | $628 |
| Days on market | 33 | 77 |
Jun 19, 2026
$1,060,000
Initial Listing
Apr 27, 2012
$479,000
Public Record