2576 Northshore Lane, Westlake Village, California 91361, Westlake Village, 91361 - 2 bed, 2 bath
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2576 Northshore Lane
Westlake Village, California 91361
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,691Sq Ft
6,896Lot Size
Property Price
LIST PRICE$2,275,000
EST. MARKET VALUE
$2,108,149
7% AboveMARKET VALUE
SUMMARY
This waterfront property represents a High-Potential Investment Opportunity, listed at a List Price of $2,275,000—positioned above the $2,108,150 Fair Market Value by 7%. While the price reflects a premium for its Main Channel Waterfront Location, the Fair Condition Rating (4/10) indicates that cosmetic updates to the kitchen and baths will further enhance value. Featuring a Private Boat Dock, Panoramic Lake Views, and proximity to Top-Rated Schools like Westlake Elementary (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier lifestyle asset.
Estimated Market Value
$2,108,149
Based on Realkey algorithm analyzing recent comparable sales in Westlake Village.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2576 Northshore Lane Subject 2 bd · 2 ba · 1,691 sqft · $1,247 | $2,275,000* List Price | 2 | 2 | 1,691 | $1,247 | - |
A 2231 Westshore Lane Active 3 bd · 3 ba · 1,870 sqft · $1,070 · 0.3 mi | $2,000,000 List Price | 3 | 3 | 1,870 | $1,070 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, the property is well-maintained but dated. The bathrooms feature older square tile countertops and cabinetry styles consistent with a renovation older than 20 years. While move-in ready, it requires cosmetic updates to the kitchen and baths to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Westlake Elementary School (9/10).
- Prime Waterfront Location
Situated on the highly coveted 'main channel' of Westlake Lake, this property includes a private boat dock, offering direct water access and a premium lifestyle.
- Exceptional Lot and Outdoor Space
Featuring what is potentially the largest lot in the complex, the home boasts an oversized outdoor patio with a built-in barbecue, perfect for high-end entertaining.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1973, the property may require significant modern updates or renovations to meet the aesthetic and functional standards of contemporary luxury buyers.
- High Price per Square Foot
At a list price of $2,275,000 for 1,691 square feet, the property commands a significant premium that may challenge appraisal values despite its unique waterfront position.
About 2576 Northshore Lane
Premium water front ''main channel'' view property possibly the largest lot in the complex. This is a 2 bedroom plus a den and 2 baths. Views from living room, master bedroom and kitchen. There is a fantastic oversized outdoor patio, and built in barbecue with a private boat dock. One of a kind must see!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 6,896 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $410.0 / Month
Neighborhood Insights
Westlake Village Unified Schools
Westlake Elementary School
Grades K-5 • 1.2 mi
9/10
Colina Middle School
Grades 6-8 • 2.6 mi
6/10
Westlake High School
Grades 9-12 • 1.0 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,691 | 1,304.118 |
| Lot Size | 6,896 | 3,679.765 |
| Price | $2.27M | $758.3K |
| Price per sq ft | $1.3K | $614 |
| Built year | 1973 | 1977 |
| HOA | $410.0 | $667 |
| Days on market | 4 | 58 |
Pricing History
Listed for Sale
Oct 20, 2026
$2,275,000
Initial Listing
Sold
Nov 20, 2014
$931,000
Public Record