
Westlake Village, California 91361
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $899,000—positioned well below the $940,307 Fair Market Value by 4%. This valuation gap offers $41,307 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with an updated kitchen and modern baths, the home offers a resort-style lifestyle near top-rated schools like Westlake Elementary. With its versatile flex space and dual parking, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a premium Westlake Village address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1184 S Westlake D Subject | $899,000* List Price | 3 | 3 | 1,984 | $474 | - |
A 1176 S Westlake F Sold | $1,037,000 | 3 | 3 | 1,936 | $536 | 0.0 mi |
B 1206 S Westlake Boulevard D Sold | $920,000 | 3 | 3 | 1,818 | $506 | 0.1 mi |
C 2944 Shadow Brook Lane Sold | $1,125,000 | 3 | 2 | 1,967 | $572 | 0.8 mi |
D 1230 S Westlake Boulevard C Active | $799,000 List Price | 2 | 3 | 1,636 | $488 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property features a renovated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances, alongside updated bathrooms with modern glass enclosures. The home is well-maintained and move-in ready, consistent with a 5-15 year renovation cycle.
Elementary School: Westlake Elementary School (9/10).
Located steps from the lake in the FHA-approved Westlake Bay community, offering resort-style amenities including two pools, a fitness center, and a renovated clubhouse.
The 1,984 sqft tri-level layout features an updated kitchen and a unique enclosed patio that provides essential flex space for a home office, gym, or bonus room.
The monthly HOA fee of $925 is substantial, which may impact buyer affordability and overall debt-to-income ratios despite the recent price reduction.
Despite its proximity to the water and prime location, the property is specifically noted as having no views, which may limit its competitive edge against other lakeside units.
Located just steps from the lake and minutes from premier dining, shopping, and entertainment, this ideally situated townhome offers the very best of Westlake Village living. This spacious tri-level home features three bedrooms, two and a half bathrooms, an interior laundry room, two inviting living areas, and an updated kitchen designed for everyday living and entertaining. An enclosed patio provides the perfect flex space for a home office, gym, or bonus room. Filled with natural light, the home also boasts a large private patio that's ideal for outdoor dining, entertaining guests, or simply unwinding after a day on the lake. A one-car garage and one-car carport, both with direct access to the home, provide added convenience. HOA includes Cable plus access to an exceptional resort-style lifestyle with two swimming pools, a fitness center, and a beautifully renovated clubhouse complete with a kitchen and event space. More than just a neighborhood, Westlake Bay is a community where every day feels like a getaway. Complex is FHA approved.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,984 | 1,754.1 |
| Lot Size | 3,920 | 3,755.575 |
| Price | $899.0K | $959.4K |
| Price per sq ft | $453 | $541 |
| Built year | 1975 | 1981 |
| HOA | $925.0 | $673 |
| Days on market | 56 | 58 |
Aug 23, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
Jul 15, 2026
$950,000
Initial Listing