22663 Margarita Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 3 bed, 3 bath
ACTIVE$1,124,000
22663 Margarita Drive, Woodland Hills, California 91364
3Beds
3Baths
2,238Sqft
8,945Lot
Price Vs. Estimate
The estimated value ($1,124,000) is $0 (0%) lower than the list price ($1,124,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location & Top-Rated Schools: Situated in a highly sought-after Woodland Hills neighborhood, offering convenient access to award-winning schools, public transportation, and upscale shopping/dining at Calabasas Commons and Westfield Topanga.
Top Cons:
Property Age & Potential for System Updates: Constructed in 1978, the home is over four decades old, implying that some core systems or areas not explicitly mentioned as updated (e.g., other bathrooms, general infrastructure) may require future attention or renovation.
Compared to the nearby listings
Price:$1.12M vs avg $1.35M ($-226,000)30%
Size:2,238 sqft vs avg 2,270.5 sqft49%
Price/sqft:$502 vs avg $62321%
More Insights
Built in 1978 (47 years old).
Condition: The property, built in 1978, is well-maintained but shows its age. While the kitchen features stainless steel appliances, the cabinetry and countertops are dated. The primary bathroom has been partially updated with a separate shower and soaking tub, but other bathrooms and light fixtures appear older. Flooring is a mix of older carpet, hardwood, and tile. The home is functional and clean, but requires significant cosmetic updates to meet current styles and standards, aligning with the 'Fair' condition criteria.
Year Built
1978
Close
-
List price
$1.12M
Original List price
$1.2M
Price/Sqft
$502
HOA
-
Days on market
-
Sold On
-
MLS number
SR24210935
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Warm and Welcoming Woodland Hills Charmer with Award Winning Schools! A light and bright formal entry invites you into this classic Woodland Hills home. The living room opens to an enclosed patio area and unique atrium offering indoor / outdoor living opportunities. An oversized dining room complements a very spacious family room with cathedral ceilings, a cozy fireplace and wet bar. The kitchen has tons of storage, stainless steel appliances, and a butler pantry area with added storage and counterspace as well as a wine fridge. Upstairs is a stunning primary suite with a private enclosed balcony, soaring ceilings, and spa quality bath with separate shower and soaking tub. The backyard gardens offer privacy and space for al fresco dining and entertaining. Located in a very desirable Woodland Hills Neighborhood, close to public transportation, the Calabasas Commons and Westfield Topanga shopping and dining, this lovely home has so much to offer it's next owner!
Nearby schools
8/10
Chaparral Elementary School
Public,•K-5•0.7mi
6/10
Bay Laurel Elementary School
Public,•K-5•2.0mi
8/10
Round Meadow Elementary School
Public,•K-5•2.6mi
3/10
Hart Street Elementary School
Public,•K-5•3.6mi
7/10
Alice C. Stelle Middle School
Public,•6-8•0.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.5mi
3/10
Christopher Columbus Middle School
Public,•6-8•4.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•4.6mi
7/10
Arthur E. Wright Middle School
Public,•6-8•4.9mi
8/10
Calabasas High School
Public,•9-12•0.9mi
4/10
Canoga Park Senior High School
Public,•9-12•3.2mi
4/10
Reseda Senior High School
Public,•9-12•5.8mi
Condition Rating
Fair
The property, built in 1978, is well-maintained but shows its age. While the kitchen features stainless steel appliances, the cabinetry and countertops are dated. The primary bathroom has been partially updated with a separate shower and soaking tub, but other bathrooms and light fixtures appear older. Flooring is a mix of older carpet, hardwood, and tile. The home is functional and clean, but requires significant cosmetic updates to meet current styles and standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Desirable Location & Top-Rated Schools: Situated in a highly sought-after Woodland Hills neighborhood, offering convenient access to award-winning schools, public transportation, and upscale shopping/dining at Calabasas Commons and Westfield Topanga.
Luxurious Primary Suite Retreat: Features a private enclosed balcony, soaring ceilings, and a spa-quality primary bathroom with a separate shower and soaking tub, providing a private and upscale sanctuary.
Expansive & Amenity-Rich Living Spaces: Boasts an oversized dining room and a very spacious family room with cathedral ceilings, a cozy fireplace, and a wet bar, ideal for entertaining and comfortable living.
Seamless Indoor-Outdoor Living: The living room thoughtfully connects to an enclosed patio and a unique atrium, creating versatile opportunities for indoor/outdoor enjoyment and entertaining.
Functionally Equipped Kitchen: The kitchen is well-appointed with ample storage, stainless steel appliances, a practical butler's pantry with additional counter space, and a wine fridge, catering to culinary needs.
Cons
Property Age & Potential for System Updates: Constructed in 1978, the home is over four decades old, implying that some core systems or areas not explicitly mentioned as updated (e.g., other bathrooms, general infrastructure) may require future attention or renovation.
Recent Price Adjustment: A notable price reduction from the original listing price suggests potential market resistance or an initial overvaluation, which could impact buyer perception or indicate a longer sales cycle.
Unspecified Cooling System: The property description does not specify the presence of a central air conditioning system, which is a crucial amenity for comfort in the warm climate of Woodland Hills and may represent a future investment for buyers.