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2445 Ranchgrove Drive, Westlake Village, California 91361, Westlake Village, 91361 - 5 bed, 5 bath

2445 Ranchgrove Drive, Westlake Village, California 91361 home-pic-0
ACTIVE$2,475,000$3,748/sqft
Est. Value: $1,397,369
-43%
AboveEstimate
2445 Ranchgrove Drive, Westlake Village, California 91361
5Beds
5Baths
3,748Sqft
16,030Lot

Price Vs. Estimate

The estimated value ($1,397,368.88) is $1,077,631.12 (43%) lower than the list price ($2,475,000). 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 = 16030, living area = 3748.
Top Cons:
Significant Price Discrepancy: The listing price of $2.475M is substantially higher than the estimated property value of $1.397M, indicating a potential overvaluation of 43% which could deter potential buyers.

Compared to the nearby listings

Price:$2.48M vs avg $1.84M (+$631,000)73%
Size:3,748 sqft vs avg 2,782 sqft82%
Price/sqft:$660 vs avg $66848%

More Insights

Built in 1989 (37 years old).
Condition: Built in 1989, this property has undergone significant and tasteful renovations, particularly in the kitchen and bathrooms. The kitchen features updated white shaker-style cabinets, granite countertops, and stainless steel appliances. The primary bathroom boasts a modern freestanding tub, a large walk-in shower, and contemporary dual vanities. Secondary bathrooms are also updated with modern fixtures and finishes. Flooring is a mix of well-maintained tile and hardwood. While not a brand-new construction or a full renovation within the last 5 years, the updates appear to be within the last 5-15 years, making the home move-in ready with no immediate renovations required, aligning with the 'good' condition criteria.
Year Built
1989
Close
-
List price
$2.48M
Original List price
$2.5M
Price/Sqft
$660
HOA
$270
Days on market
-
Sold On
-
MLS number
225002833
Home ConditionGood
Features
Good View:
Pool
Patio
View

About this home

Luxury living on a knoll in the prestigious Three Springs neighborhood, offering serene views, a sparkling pool, and a rare 4-car garage. This thoughtfully designed home features 5 bedrooms and 4.5 bathrooms, including a highly desirable downstairs ensuite bedroom and separate powder room--perfect for guests or multi-generational living. The spacious kitchen showcases stainless steel appliances, a large center island, and a charming breakfast nook that flows seamlessly into the warm and inviting family room with a built-in bar. The adjacent living room features dramatic ceilings and an abundance of natural light, creating an impressive space for entertaining or everyday living. Upstairs, the expansive primary suite is a true retreat with a sitting area, fireplace, and a luxurious ensuite bath complete with dual vanities, soaking tub, walk-in shower, private water closet, and dual walk-in closets. You'll also find a secondary ensuite bedroom and two additional bedrooms connected by a well-appointed hall bath. Step outside to your own private oasis--lushly landscaped with a grassy area, pool, and sweeping views. Designed for indoor-outdoor living, this home offers the perfect balance of comfort, style, and sophistication.

L
Lydia Gable Realty Group
Listing Agent

Nearby schools

9/10
Westlake Elementary School
Public,•K-5•0.9mi
7/10
White Oak Elementary School
Public,•K-5•2.0mi
6/10
Colina Middle School
Public,•6-8•3.5mi
7/10
Lindero Canyon Middle School
Public,•6-8•3.9mi
8/10
Westlake High School
Public,•9-12•2.5mi
7/10
Agoura High School
Public,•9-12•5.7mi
Condition Rating
Good
Built in 1989, this property has undergone significant and tasteful renovations, particularly in the kitchen and bathrooms. The kitchen features updated white shaker-style cabinets, granite countertops, and stainless steel appliances. The primary bathroom boasts a modern freestanding tub, a large walk-in shower, and contemporary dual vanities. Secondary bathrooms are also updated with modern fixtures and finishes. Flooring is a mix of well-maintained tile and hardwood. While not a brand-new construction or a full renovation within the last 5 years, the updates appear to be within the last 5-15 years, making the home move-in ready with no immediate renovations required, aligning with the 'good' condition criteria.
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 = 16030, living area = 3748.
Great Schools: Elementary School: Westlake Elementary School (9/10).
Prime Location & Views: Situated on a knoll in the prestigious Three Springs neighborhood of Westlake Village, offering serene and sweeping views from the private oasis backyard.
Exceptional Garage Capacity: Features a rare and highly practical 4-car garage, appealing to car enthusiasts or families needing extra storage.
Flexible Floor Plan: Includes a desirable downstairs ensuite bedroom and a separate powder room, ideal for multi-generational living or guest accommodation.
Luxurious Primary Suite: An expansive primary suite with a sitting area, fireplace, and a lavish ensuite bath featuring dual vanities, soaking tub, walk-in shower, private water closet, and dual walk-in closets.
Private Outdoor Oasis: A lushly landscaped backyard with a sparkling pool and grassy area, designed for seamless indoor-outdoor living and entertaining.

Cons

Significant Price Discrepancy: The listing price of $2.475M is substantially higher than the estimated property value of $1.397M, indicating a potential overvaluation of 43% which could deter potential buyers.
Age of Construction: Built in 1989, the property is 35 years old. While well-maintained, it may require significant updates or renovations to meet current luxury standards and buyer expectations, as the description doesn't explicitly mention recent major remodels.
Ongoing Association Fees: The monthly association fee of $270 adds to the recurring ownership costs, which could be a consideration for budget-conscious buyers.
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