
Westlake Village, California 91361
This Lakefront Condominium is a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,220,202 Fair Market Value by 5%. This valuation gap offers $70,202 in Instant Equity for the buyer. Featuring an updated kitchen, panoramic lake views, and a Condition Rating of 3, this home offers a resort-style lifestyle within the top-rated Conejo Valley School District. It is an ideal acquisition for Owner-Occupants seeking a serene sanctuary or first-time buyers prioritizing location and school quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1232 S Westlake Boulevard B Subject | $1,150,000* List Price | 3 | 3 | 1,818 | $671 | - |
A 2213 Crespi Lane 91 Sold | $998,000 | 3 | 2 | 1,500 | $665 | 0.2 mi |
B 2200 Crespi Lane Sold | $915,000 | 2 | 2 | 1,508 | $607 | 0.2 mi |
C 2167 Wimbledon Circle Sold | $1,099,000 | 2 | 2 | 1,540 | $714 | 0.1 mi |
D 2126 Crespi Lane Sold | $900,000 | 2 | 2 | 1,508 | $597 | 0.3 mi |
E 2849 Shoreview Circle Sold | $870,000 | 2 | 2 | 1,144 | $760 | 0.6 mi |
F 2190 Westshore Lane Active Under Contract | $949,500 List Price | 3 | 2 | 1,626 | $584 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1975, the property is well-maintained and move-in ready. It features an updated kitchen and fresh interior paint. While the bathrooms show some dated elements like older cabinetry and brass fixtures (suggesting a 10-15 year old renovation), the overall condition is functional and clean.
Elementary School: Westlake Elementary School (9/10).
The property offers rare, unobstructed lake and panoramic mountain views from both the main living areas and the primary suite, providing a premium waterfront lifestyle.
Located within the prestigious Conejo Valley School District, the home serves high-performing schools like Westlake Elementary (9/10 rating), a major draw for families.
At $925 per month, the association dues are significant and may impact the overall affordability and debt-to-income ratios for prospective buyers.
With only a one-car garage and a carport, the property may lack sufficient secure parking or storage space for households with multiple vehicles.
A rare opportunity at a great price!Welcome to this contemporary, light filled, lake front home nestled in the desirable Westlake Bay community! Spacious w/ a large deck, unobstructed lake views & panoramic mountain views, this welcoming home boasts fresh paint, an updated kitchen which opens to inviting gathering spaces & a private, large outdoor patio perfect for California living! Generously sized bedrooms include a primary suite w/ amazing lake views, ample closet space & a full ensuite bathroom. One car garage parking & a carport add convenience. You will love the serene atmosphere & resort-style amenities including pool, spa, clubhouse, greenbelts, paths & lake access. Well managed HOA pays for trash, water, internet and cable! Situated within the highly rated Conejo Valley School District, this location also offers convenient access the 101 freeway, close proximity to a variety of shopping, many fabulous restaurants and a wide array of activities in the natural surroundings and the coveted Westlake lake!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 81% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,818 | 1,146.5 | 88% |
| Lot Size | 3,920 | 4,138 | 50% |
| Price | $1.15M | $676.8K | 88% |
| Price per sq ft | $633 | $620 | 50% |
| Built year | 1975 | 1972 | 69% |
| HOA | $925.0 | $610 | 96% |
| Days on market | 18 | 211 | 4% |
May 19, 2026
$1,150,000
Initial Listing