2546 Oakshore Drive, Westlake Village, California 91361, Westlake Village, 91361 - 3 bed, 2 bath

2546 Oakshore Drive, Westlake Village, California 91361 home-pic-0
ACTIVE$5,395,000$2,526/sqft
2546 Oakshore Drive, Westlake Village, California 91361
3Beds
2Baths
2,526Sqft
11,000Lot

Price Vs. Estimate

Estimation data not available

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 = 11000, living area = 2526.
Top Cons:
Under Construction & Timeline: The property is currently under construction, meaning it is not move-in ready and requires a buyer to commit to a project with an extended completion timeline.

Compared to the nearby listings

Price:$5.39M vs avg $1.84M (+$3,551,000)98%
Size:2,526 sqft vs avg 2,782 sqft42%
Price/sqft:$2.1K vs avg $67199%

More Insights

Built in 1977 (49 years old).
Condition: The property is currently under construction, as explicitly stated in the description and evidenced by the images showing a framed structure. It is not habitable in its current state, requiring substantial work to be completed before it can be lived in. This aligns with the 'poor' condition criteria of being 'unsafe or very uncomfortable to live in its current state' and requiring 'substantial repairs and rehabilitation' (i.e., completion of the build).
Year Built
1977
Close
-
List price
$5.39M
Original List price
$5.9M
Price/Sqft
$2,136
HOA
$1,560
Days on market
-
Sold On
-
MLS number
SR22185843
Home ConditionPoor
Features
Excellent View: Lake, Mountain(s), Water
ViewLake, Mountain(s), Water

About this home

Pricing will be adjusting as the project progresses. Property is currently under construction. A one of a kind Main Channel, Double lot, Ventura County Estate is underway! Behind the prestigious Westlake Island gate sits a property in one of the best locations on the Island. This home has plans to build a custom estate that encompasses the luxurious lifestyle. Quality, functionality and privacy are the main objectives when designing the layout for the plans. Pricing will be adjusting as the project progresses.

T
Troy Rosen
Listing Agent

Nearby schools

7/10
White Oak Elementary School
Public,K-51.0mi
9/10
Westlake Elementary School
Public,K-51.2mi
7/10
Lindero Canyon Middle School
Public,6-82.7mi
6/10
Colina Middle School
Public,6-82.8mi
8/10
Westlake High School
Public,9-121.2mi
7/10
Agoura High School
Public,9-124.7mi
Condition Rating
Poor

The property is currently under construction, as explicitly stated in the description and evidenced by the images showing a framed structure. It is not habitable in its current state, requiring substantial work to be completed before it can be lived in. This aligns with the 'poor' condition criteria of being 'unsafe or very uncomfortable to live in its current state' and requiring 'substantial repairs and rehabilitation' (i.e., completion of the build).
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 = 11000, living area = 2526.
Great Schools: Elementary School: Westlake Elementary School (9/10).
Prime Location & Exclusivity: Situated behind the prestigious Westlake Island gate, this property boasts one of the best main channel locations on the island, offering unparalleled exclusivity and desirability.
Double Lot & Generous Land: A rare double lot totaling 11,000 sqft provides ample space for a grand estate, offering significant value and potential for expansive outdoor living.
Custom Estate Opportunity: The property comes with plans to build a custom estate, allowing a buyer to realize a luxurious, bespoke home designed with quality, functionality, and privacy as core objectives.
Exceptional Views: Enjoy stunning panoramic views of the lake, surrounding mountains, and water, enhancing the property's aesthetic appeal and lifestyle.
High-End Community & Schools: Located in Westlake Village, an affluent and highly desirable area known for its luxury lifestyle and access to top-rated schools within the Conejo Valley Unified district.

Cons

Under Construction & Timeline: The property is currently under construction, meaning it is not move-in ready and requires a buyer to commit to a project with an extended completion timeline.
Dynamic Pricing & Cost Uncertainty: Pricing is subject to adjustment as the project progresses, introducing uncertainty regarding the final acquisition cost for the buyer.
Prolonged Market Presence: Having been on the market since August 2022, the extended listing period may suggest challenges in attracting buyers, potentially due to the project's nature or initial pricing strategy.
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