126 Fallen Leaf Lane, Westlake Village, California 91361, Westlake Village, 91361 - 2 bed, 2 bath
ACTIVE$824,990$1,536/sqft
Est. Value: $411,172
-50%
AboveEstimate
126 Fallen Leaf Lane, Westlake Village, California 91361
2Beds
2Baths
1,536Sqft
4,526Lot
Price Vs. Estimate
The estimated value ($411,172.41) is $413,817.59 (50%) lower than the list price ($824,990). This property may be overpriced.
Key pros and cons
Top Pros:
Exclusive Gated Community: Located within a secluded, gated community in Westlake Village, offering enhanced privacy and security for residents.
Top Cons:
Significant Valuation Discrepancy: The listing price is substantially higher than the estimated property value (listing price is double the estimated value), which may challenge market appeal and buyer interest.
Compared to the nearby listings
Price:$825.0K vs avg $1.83M ($-1,009,510)2%
Size:1,536 sqft vs avg 2,782 sqft9%
Price/sqft:$537 vs avg $66811%
More Insights
Built in 1976 (50 years old).
Condition: Despite being built in 1976, the property underwent a complete, no-expense-spared renovation approximately 4 years ago. The kitchen features high-end Viking appliances and a built-in microwave drawer, indicative of modern, quality finishes. The description implies high-end finishes throughout the entire home, including bathrooms, bringing the property to current quality standards with minimal physical depreciation, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Year Built
1976
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
$537
HOA
$418
Days on market
-
Sold On
-
MLS number
SR25054839
Home ConditionExcellent
Features
Good View: Canyon
Deck
Patio
ViewCanyon
About this home
Secluded Gated Community in Westlake Village. This home features a Chefs Kitchen With Viking Stove and Refrigerator. Built in Microwave Drawer and High end Finishes through out Kitchen and rest of Home. Home was redone completely around 4 years ago with no expense spared. Home features 2 Bedrooms and 2 Bathrooms. Lovely deck/patio as you enter home with great canyon views.
M
Michael Monteleone
Listing Agent
Condition Rating
Excellent
Despite being built in 1976, the property underwent a complete, no-expense-spared renovation approximately 4 years ago. The kitchen features high-end Viking appliances and a built-in microwave drawer, indicative of modern, quality finishes. The description implies high-end finishes throughout the entire home, including bathrooms, bringing the property to current quality standards with minimal physical depreciation, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated home.
Pros & Cons
Pros
Exclusive Gated Community: Located within a secluded, gated community in Westlake Village, offering enhanced privacy and security for residents.
Gourmet Chef's Kitchen: Features a high-end chef's kitchen equipped with Viking appliances (stove, refrigerator) and a built-in microwave drawer, complemented by premium finishes throughout.
Extensive Recent Renovation: The home underwent a complete, no-expense-spared renovation approximately four years ago, ensuring modern aesthetics and updated interior systems.
Desirable Canyon Views: Offers great canyon views from a lovely deck/patio, providing a serene and appealing outdoor living space.
Upscale Westlake Village Location: Situated in the highly desirable Westlake Village, known for its quality of life, amenities, and community appeal.
Cons
Significant Valuation Discrepancy: The listing price is substantially higher than the estimated property value (listing price is double the estimated value), which may challenge market appeal and buyer interest.
Subdivision Naming Perception: The 'Oak Forest Mobile Homes' subdivision name, despite the property being a 'Single Family Residence' on owned land, could create a perception issue or limit the buyer pool for those seeking traditional stick-built homes.
Original Construction Age: Built in 1976, the underlying structure is older, which could lead to concerns about long-term maintenance or systems not covered by the recent renovation, despite the extensive remodel.