1575 Larkfield Avenue, Westlake Village, California 91362, Westlake Village, 91362 - 4 bed, 4 bath
ACTIVE$2,500,000$3,515/sqft
Est. Value: $2,276,652
-8%
AboveEstimate
1575 Larkfield Avenue, Westlake Village, California 91362
4Beds
4Baths
3,515Sqft
20,908Lot
Price Vs. Estimate
The estimated value ($2,276,651.855) is $223,348.145 (8%) lower than the list price ($2,500,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated on one of the most popular streets in the heart of North Ranch, Westlake Village, offering a highly desirable and prestigious address.
Top Cons:
Extensive Unfinished Backyard Projects: The backyard construction, including the pool and spa remodel, is incomplete and currently empty, requiring significant investment and effort to finish.
Compared to the nearby listings
Price:$2.50M vs avg $1.34M (+$1,155,000)88%
Size:3,515 sqft vs avg 2,524 sqft83%
Price/sqft:$711 vs avg $57583%
More Insights
Built in 1980 (46 years old).
Condition: The property, built in 1980, shows significant signs of age and deferred maintenance. The kitchen features very dated tile countertops and backsplash, and older cabinets, requiring a full renovation. The bathroom also has dated tile countertops and gold fixtures. Crucially, the description explicitly states that the 'Downstairs AC unit and FAU needs to be replaced,' which is a major system repair. Furthermore, the backyard construction, including a pool, spa, and ADU, is incomplete and requires renewed permits, indicating substantial rehabilitation work is needed. These factors collectively push the property into the 'Poor' category, as it requires substantial repairs and rehabilitation beyond minor updates.
Year Built
1980
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$711
HOA
$136
Days on market
-
Sold On
-
MLS number
225003583
Home ConditionPoor
Features
Good View:
Pool
Spa
Patio
View-
About this home
Traditional estate on one of the most popular streets in the heart of North Ranch. Large, private backyard backing to natural arroyo. Beautiful interior appointments include hardwood floors, cathedral ceilings, large family room with wet bar, large primary suite with large walk-in closet. Lower level bedroom with full bath. Emotional curb appeal with beautiful large oak tree. Deep set-back from the street offers a large driveway and additional privacy making this a spectacular lot! Backyard construction began but is incomplete. Plans for 1,000 square foot ADU with solar, retaining wall, and pool are included with sale. Permits need to be renewed. There is a pool and spa but remodel is incomplete. Pool and spa are currently empty. Downstairs AC unit and FAU needs to be replaced.
P
Pamela Kristjansson
Listing Agent
Nearby schools
4/10
Conejo Elementary School
Public,•K-5•1.6mi
6/10
Westlake Hills Elementary School
Public,•K-5•1.7mi
7/10
White Oak Elementary School
Public,•K-5•3.4mi
7/10
Los Cerritos Middle School
Public,•6-8•1.6mi
6/10
Colina Middle School
Public,•6-8•1.9mi
7/10
Lindero Canyon Middle School
Public,•6-8•3.1mi
8/10
Westlake High School
Public,•9-12•2.3mi
10/10
Oak Park High School
Public,•9-12•3.3mi
7/10
Agoura High School
Public,•9-12•5.0mi
Condition Rating
Poor
The property, built in 1980, shows significant signs of age and deferred maintenance. The kitchen features very dated tile countertops and backsplash, and older cabinets, requiring a full renovation. The bathroom also has dated tile countertops and gold fixtures. Crucially, the description explicitly states that the 'Downstairs AC unit and FAU needs to be replaced,' which is a major system repair. Furthermore, the backyard construction, including a pool, spa, and ADU, is incomplete and requires renewed permits, indicating substantial rehabilitation work is needed. These factors collectively push the property into the 'Poor' category, as it requires substantial repairs and rehabilitation beyond minor updates.
Pros & Cons
Pros
Prime Location: Situated on one of the most popular streets in the heart of North Ranch, Westlake Village, offering a highly desirable and prestigious address.
Exceptional Lot & Privacy: Features a large, private backyard backing to a natural arroyo and a deep set-back from the street, providing enhanced privacy and a spectacular lot.
Strong Interior Appointments: Boasts beautiful interior features including hardwood floors, cathedral ceilings, a large family room with a wet bar, and a spacious primary suite with a walk-in closet.
Significant Development Potential: Includes plans for a 1,000 square foot ADU with solar, retaining wall, and pool, offering substantial future value addition and customization opportunities.
Emotional Curb Appeal: Enhanced by a beautiful large oak tree and a deep set-back, contributing to a welcoming and impressive first impression.
Cons
Extensive Unfinished Backyard Projects: The backyard construction, including the pool and spa remodel, is incomplete and currently empty, requiring significant investment and effort to finish.
HVAC System Replacement Needed: The downstairs AC unit and FAU require replacement, indicating an immediate and potentially costly repair for essential home systems.
Permit Renewal Required: While plans for an ADU and pool are included, the permits need to be renewed, which could introduce delays and additional costs for the buyer.