
Westlake Village, California 91362
This Luxury North Ranch Estate is a Strong Value Opportunity, listed at $2,799,000—positioned well below the $3,063,419 Fair Market Value by 8%. This valuation gap offers $264,419 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating following extensive 2022-2026 renovations, the residence features a resort-style backyard with a pool, spa, and outdoor kitchen, plus sweeping mountain views. Located within the elite Oak Park High School (10/10) boundaries, this turnkey sanctuary is a premier acquisition for Owner-Occupants or luxury home buyers seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1800 Falling Star Avenue Subject | $2,799,000* List Price | 5 | 4 | 3,795 | $807 | - |
A 1732 Crooked Trail Place Active | $2,995,000 List Price | 5 | 3 | 3,330 | $899 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies for an excellent rating due to extensive and high-quality renovations completed within the last five years. Key updates include a full interior repaint in 2026, a comprehensive resort-style backyard renovation and new kitchen appliances in 2022, and a new roof in 2020. The interior features modern hardwood flooring, updated light fixtures, and a high-end kitchen with stone countertops and premium stainless steel appliances. Despite being built in 1987, the meticulous maintenance and recent capital improvements to major systems (water heater, roof, HVAC components) ensure the home meets current quality standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20908, living area = 3795.
High School: Oak Park High School (10/10).
The expansive half-acre corner lot features a comprehensive 2022 backyard renovation, including a pool with waterfall, a covered outdoor lounge with a fireplace, and a full outdoor kitchen.
Built in 1987, the home's heavy use of traditional architectural elements like wainscoting may require additional investment for buyers seeking a strictly modern or minimalist interior.
The multi-level masonry, extensive irrigation for native gardens, and resort-style pool features will necessitate significant ongoing landscaping and utility expenses.
A rare North Ranch offering--meticulously cared for, beautifully updated, and set on a private corner half-acre with sweeping mountain views.Welcome to 1800 Falling Star Ave, a home that blends traditional character with resort-style amenities. This home offers 5 bedrooms, 3.5 bathrooms, and 3,800 sq ft of well-designed living space. Thoughtful craftsmanship and a warm, timeless aesthetic define every room.The open kitchen connects to a spacious great room anchored by a custom-built bar and a statement fireplace, creating a refined yet inviting gathering space. Generous living and dining areas flow effortlessly for everyday comfort and entertaining. Two bedrooms and two bathrooms on the main level offer ideal flexibility for guests, family, or multigenerational living.Upstairs, the primary suite becomes a true retreat, complete with its own bonus office or lounge--perfect for work, fitness, or quiet downtime. Additional bedrooms provide versatility for family, guests, or creative use.Outside, the reimagined multi-level backyard feels like a natural extension of the home. The upper terrace features a beautiful covered outdoor lounge with its own fireplace, a relaxing hot tub, and a custom built-in BBQ and outdoor kitchen setup, creating a true year-round living and entertaining space. The lower terrace delivers a resort-style experience with a pool, waterfall, pergola, fire pit, and generous open areas to gather. Fruit trees and native gardens are woven throughout the expansive corner half-acre, enhancing privacy and the connection to nature.This property has been thoughtfully enhanced with elegant wainscoting and traditional architectural elements, upgraded windows and doors throughout, with three fireplaces that add warmth and character. Other upgrades include new water heater (2019), house fan (2019), garage cabinet and epoxy flooring (2019), kitchen French doors (2020), entire new roof (2020), kitchen appliances (2022), complete backyard renovation including pathways, new masonry, stonework, gas fireplace, pool and spa upgrades, irrigation and much, much more (2022), repaired fencing (2025) and full interior paint (2026). Each bedroom closet has been upgraded with California Closet shelving systems. Modern conveniences include smart home devices, surround sound, and a host of additional upgrades that elevate both comfort and functionality. A three-car garage with two doors and custom cabinetry provides ample parking, storage, and flexibility for vehicles, hobbies, or equipment.Set in the heart of North Ranch's Whitehawk neighborhood and minutes from scenic trails, North Ranch Country Club and North Ranch Golf Course, this residence offers space, serenity, and the best of the Westlake Village lifestyle--all on a rare, private half-acre corner lot.
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades K-5 • 3.3 mi
Grades K-5 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 4.0 | 3.0 | 79% |
| Square foot | 3,795 | 2,482 | 85% |
| Lot Size | 20,908 | 9,183 | 86% |
| Price | $2.80M | $1.35M | 89% |
| Price per sq ft | $738 | $571 | 85% |
| Built year | 1987 | 1985 | 55% |
| HOA | $120.0 | $57 | 61% |
| Days on market | 28 | 157 | 2% |
Mar 25, 2026
$2,799,000
Initial Listing
Mar 31, 2011
$1,395,000
Public Record
Jun 12, 2003
$1,350,000
Public Record
Mar 19, 1999
$945,000
Public Record