22666 Margarita Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 5 bed, 3 bath

22666 Margarita Drive, Woodland Hills, California 91364 home-pic-0
ACTIVE UNDER CONTRACT$1,550,000
22666 Margarita Drive, Woodland Hills, California 91364
5Beds
3Baths
2,848Sqft
10,675Lot
Year Built
1962
Close
-
List price
$1.55M
Original List price
$1.8M
Price/Sqft
$544
HOA
-
Days on market
-
Sold On
-
MLS number
SR25144489
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.55M(60th), sqft - 2848(65th), beds - 5(79th), baths - 3(50th).

Beautifully updated 5-bedroom, 2.5-bath two-story home where spacious and functional floorplan modern comforts, and incredible outdoor amenities come together at an unbeatable price. The light-filled oversized living room includes wood flooring and a fireplace, opening to a formal dining room and a separate family room. The well-appointed kitchen boasts a large center island and abundant cabinetry. Upstairs offers a generous primary suite with space for a sitting area or office and an updated en-suite bath, plus four additional bedrooms providing excellent flexibility for family, guests, or work-from-home needs. The expansive 10,752 sq. ft. lot is designed for outdoor enjoyment with a sparkling pool, covered patio, large grassy area, and fully equipped outdoor kitchen. Additional features include an attached two-car garage with direct access, indoor laundry, wood shutters, copper plumbing, and a 21-panel solar system installed in 2022 for energy efficiency and cost savings. Zoned for highly regarded schools, including Calabash Charter Academy, Hale Charter Academy, and El Camino Charter High School. exceptional value in a sought-after location.

Nearby schools

8/10
Chaparral Elementary School
Public,K-50.6mi
6/10
Bay Laurel Elementary School
Public,K-52.0mi
8/10
Round Meadow Elementary School
Public,K-52.6mi
3/10
Hart Street Elementary School
Public,K-53.6mi
7/10
Alice C. Stelle Middle School
Public,6-80.6mi
5/10
Woodland Hills Charter Academy
Public,6-82.5mi
3/10
Christopher Columbus Middle School
Public,6-84.3mi
6/10
Gaspar De Portola Middle School
Public,6-84.6mi
7/10
Arthur E. Wright Middle School
Public,6-84.8mi
8/10
Calabasas High School
Public,9-120.9mi
4/10
Canoga Park Senior High School
Public,9-123.2mi
4/10
Reseda Senior High School
Public,9-125.8mi

Price History

Date
Event
Price
10/30/25
Price Change
$1,550,000-2.8%
09/16/25
Price Change
$1,595,000-6.1%
09/02/25
Price Change
$1,699,000-5.6%
07/07/25
Listing
$1,800,000
Condition Rating
Good

This property, built in 1962, has undergone significant and recent updates, including a 21-panel solar system installed in 2022 and copper plumbing. The description highlights a 'beautifully updated' home with a 'well-appointed kitchen' featuring a large center island and granite countertops, and an 'updated en-suite bath'. Images confirm updated kitchens and bathrooms with modern fixtures, recessed lighting, and a mix of wood and tile flooring, all appearing well-maintained and move-in ready. While the kitchen appliances are white and the cabinet style is not ultra-modern, they are functional and in good condition. The primary weakness is the lack of explicit mention of central air conditioning, which is a notable omission for a home in Woodland Hills. However, the extensive renovations and major system upgrades (solar, copper plumbing) align well with the 'Good' rating criteria, indicating a property extensively renovated within the last 5-15 years, with well-maintained systems and no immediate renovation required.
Pros & Cons

Pros

Extensive Outdoor Living: The property boasts an expansive 10,752 sq. ft. lot featuring a sparkling pool, covered patio, large grassy area, and a fully equipped outdoor kitchen, ideal for entertainment and relaxation.
Energy Efficiency & Key Infrastructure Upgrades: A significant 21-panel solar system installed in 2022 provides energy efficiency and cost savings, complemented by essential upgrades like copper plumbing and indoor laundry.
Spacious & Flexible Floorplan: The home offers a spacious and functional two-story layout with 5 bedrooms, 2.5 baths, including an oversized living room, separate family room, formal dining, and a generous primary suite with flexible additional bedrooms.
Modernized Kitchen & Primary Bath: The well-appointed kitchen features a large center island and abundant cabinetry, while the primary suite includes an updated en-suite bathroom, enhancing modern living.
Desirable School District & Location: Located in a sought-after Woodland Hills neighborhood, the property is zoned for highly regarded schools, including Calabash Charter Academy, Hale Charter Academy, and El Camino Charter High School.

Cons

Potential for Older Systems: Built in 1962, while updated, the property's age suggests that some original systems or structural elements may still be present or could require future maintenance beyond the noted upgrades.
Absence of Explicit Central Air Conditioning: The property description does not explicitly mention central air conditioning, which could be a significant comfort concern for buyers given the hot climate of Woodland Hills, especially for a home built in 1962.
History of Price Reductions: Multiple price reductions from the initial $1.8M to the current $1.55M indicate potential market resistance or an initial overvaluation, which may affect buyer perception and negotiation strategy.

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