RealKey
‪(213) 433-7766‬

1885 Fallview Road, Westlake Village, California 91361, Westlake Village, 91361 - 5 bed, 3 bath

1885 Fallview Road, Westlake Village, California 91361 home-pic-0
ACTIVE$1,575,000
1885 Fallview Road, Westlake Village, California 91361
5Beds
3Baths
2,654Sqft
10,570Lot

Price Vs. Estimate

The estimated value ($1,695,000) is $120,000 (7%) higher than the list price ($1,575,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Westlake Elementary School (9/10).
Top Cons:
High Monthly Association Fees: The property carries a significant monthly association fee of $820, which adds to the overall cost of homeownership.

Compared to the nearby listings

Price:$1.57M vs avg $1.83M ($-255,000)32%
Size:2,654 sqft vs avg 2,782 sqft46%
Price/sqft:$593 vs avg $66524%

More Insights

Built in 1970 (55 years old).
Condition: The property, built in 1970, has undergone significant updates as described, including an 'extensively updated & modern interior' and a 'gourmet kitchen with stainless steel appliances and premium cabinetry.' The backyard features a 'brand-new heated pool and spa.' While the visible bathroom appears clean and functional, its style with traditional vanity, mirrors, and light fixture suggests an update that might be 10-15 years old or a more classic aesthetic rather than cutting-edge modern. However, the overall condition, including hardwood floors, recessed lighting, and the new pool, indicates the home is move-in ready with major systems well-maintained or recently replaced, aligning with the 'Good' score criteria for a property extensively renovated within the last 5 to 15 years.
Year Built
1970
Close
-
List price
$1.57M
Original List price
$1.7M
Price/Sqft
$593
HOA
$820
Days on market
-
Sold On
-
MLS number
225005115
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

MOTIVATED SELLER!! Beautiful 5-Bedroom Home in Westlake Village.Located in one of Westlake Village's most desirable neighborhoods, this beautifully updated 5-bedroom, 2.5-bath home offers the perfect blend of style, comfort, and functionality. The open-concept floor plan is filled with natural light and features a spacious living room with fireplace, formal dining area, and a private office ideal for remote work.The gourmet kitchen is equipped with stainless steel appliances, premium cabinetry, and ample counter space. One guest bedroom is located downstairs, with four additional bedrooms upstairs offering generous closets and plenty of light.Enjoy resort-style living in the backyard oasis complete with a brand-new heated pool, spa, covered patio, fire pit, and low-maintenance landscaping. Additional highlights include an EV charger, epoxy garage flooring, and custom storage.Conveniently located near top-rated schools, shopping, dining, parks, hiking trails, and freeway access--this move-in-ready home is a must-see! Home is also available as a rental.

Nearby schools

9/10
Westlake Elementary School
Public,•K-5•1.0mi
7/10
White Oak Elementary School
Public,•K-5•1.3mi
7/10
Lindero Canyon Middle School
Public,•6-8•3.1mi
6/10
Colina Middle School
Public,•6-8•3.1mi
8/10
Westlake High School
Public,•9-12•1.6mi
7/10
Agoura High School
Public,•9-12•5.0mi
Condition Rating
Good
The property, built in 1970, has undergone significant updates as described, including an 'extensively updated & modern interior' and a 'gourmet kitchen with stainless steel appliances and premium cabinetry.' The backyard features a 'brand-new heated pool and spa.' While the visible bathroom appears clean and functional, its style with traditional vanity, mirrors, and light fixture suggests an update that might be 10-15 years old or a more classic aesthetic rather than cutting-edge modern. However, the overall condition, including hardwood floors, recessed lighting, and the new pool, indicates the home is move-in ready with major systems well-maintained or recently replaced, aligning with the 'Good' score criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Westlake Elementary School (9/10).
Prime Westlake Village Location: Situated in one of Westlake Village's most desirable neighborhoods, offering convenient access to top-rated schools, shopping, dining, parks, hiking trails, and major freeways.
Extensively Updated & Modern Interior: The home features a beautifully updated, open-concept floor plan with abundant natural light, a gourmet kitchen with premium appliances, and a dedicated private office.
Resort-Style Outdoor Living: The private backyard oasis boasts a brand-new heated pool, spa, covered patio, fire pit, and low-maintenance landscaping, perfect for entertaining and relaxation.
Family-Friendly Layout & Amenities: Offers 5 spacious bedrooms, including a convenient downstairs guest bedroom, along with modern upgrades like an EV charger, epoxy garage flooring, and custom storage.
Access to Highly-Rated Schools: Located within proximity to several top-rated public schools, including Westlake Elementary (9/10) and Westlake High School (8/10), enhancing its appeal for families.

Cons

High Monthly Association Fees: The property carries a significant monthly association fee of $820, which adds to the overall cost of homeownership.
Significant Price Reductions: The listing has undergone multiple price reductions from its original $1.695M to the current $1.575M, indicating a motivated seller and potential market resistance at previous price points.
Age of Original Construction: While updated, the home was built in 1970, which may suggest older underlying infrastructure not explicitly mentioned as upgraded, potentially leading to future maintenance considerations.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state