1658 Bushgrove Court, Westlake Village, California 91361, Westlake Village, 91361 - 4 bed, 3 bath
ACTIVE UNDER CONTRACT$2,300,000$3,139/sqft
Est. Value: $1,671,553
-27%
AboveEstimate
1658 Bushgrove Court, Westlake Village, California 91361
4Beds
3Baths
3,139Sqft
13,503Lot
Price Vs. Estimate
The estimated value ($1,671,552.535) is $628,447.465 (27%) lower than the list price ($2,300,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13503, living area = 3139.
Top Cons:
High Association Fees: The property has a significant monthly association fee of $502, which is higher than many comparable properties and adds to the ongoing cost of ownership.
Compared to the nearby listings
Price:$2.30M vs avg $1.84M (+$456,000)69%
Size:3,139 sqft vs avg 2,782 sqft66%
Price/sqft:$733 vs avg $67163%
More Insights
Built in 1998 (28 years old).
Condition: The property was built in 1998, making it 26 years old. While generally well-maintained with good flooring (hardwood and clean carpets) and neutral paint, the kitchen features granite countertops and built-in appliances that, along with the master bathroom's gold-framed shower and tile choices, indicate an older style likely original to the build or renovated 15-25 years ago. These areas are functional but show signs of being outdated, aligning with the 'fair' condition criteria for a property of this age that has not undergone a recent extensive renovation.
Year Built
1998
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
$733
HOA
$502
Days on market
-
Sold On
-
MLS number
225001879
Home ConditionFair
Features
Good View:
Patio
View
About this home
When you find an absolutely beautiful home for $2.3M in the Gated Meadows neighborhood of Lake Sherwood and realize recently sold properties topped $2.75M -- and there's a listing for $3.25M -- you know you've found something truly amazing! With breathtaking views and access to Lake Sherwood, where you can have your own boat, kayaks, or even paddle board and fish, all within the main gates of the Sherwood Country Club.The home is situated in a peaceful cul-de-sac with three bedrooms on the second level and one bedroom and bath on the first. The grand master suite features 180-degree views of the mountains and a peekaboo view of the lake. The floor plan is very open, with a formal dining room that all lead to the lush backyard and those same beautiful views.Great finds like this don't come around every day!
C
Christopher Kaali-Nagy
Listing Agent
Nearby schools
9/10
Westlake Elementary School
Public,•K-5•1.2mi
6/10
Colina Middle School
Public,•6-8•2.8mi
8/10
Westlake High School
Public,•9-12•3.3mi
Condition Rating
Fair
The property was built in 1998, making it 26 years old. While generally well-maintained with good flooring (hardwood and clean carpets) and neutral paint, the kitchen features granite countertops and built-in appliances that, along with the master bathroom's gold-framed shower and tile choices, indicate an older style likely original to the build or renovated 15-25 years ago. These areas are functional but show signs of being outdated, aligning with the 'fair' condition criteria for a property of this age that has not undergone a recent extensive renovation.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13503, living area = 3139.
Great Schools: Elementary School: Westlake Elementary School (9/10).
Exclusive Gated Community: Located in the prestigious Gated Meadows neighborhood within the main gates of Sherwood Country Club, offering enhanced security and an exclusive lifestyle.
Breathtaking Views & Lake Access: Features 180-degree mountain views and a peekaboo lake view from the master suite, along with direct access to Lake Sherwood for boating, kayaking, paddleboarding, and fishing.
Exceptional Value Proposition: Priced at $2.3M, the property is presented as an amazing find, noting that recently sold properties in the area topped $2.75M and current listings reach $3.25M, suggesting competitive pricing.
Peaceful Cul-de-Sac Location: Situated in a quiet cul-de-sac, providing a serene and private living environment with reduced traffic.
Functional Floor Plan: Offers a very open floor plan with a formal dining room and a convenient layout including one bedroom and bath on the first level, ideal for guests or a home office.
Cons
High Association Fees: The property has a significant monthly association fee of $502, which is higher than many comparable properties and adds to the ongoing cost of ownership.
Potential for Updates: Built in 1998, the description does not highlight recent major renovations, which might suggest the interior finishes and systems could require modernization compared to extensively remodeled comparables.
Discrepancy in Estimated Value: The property's estimated value of approximately $1.67M is considerably lower than the listing price of $2.3M, potentially indicating an aggressive pricing strategy or a need for further justification of the asking price.