26 Sherwood Drive, Westlake Village, California 91361, Westlake Village, 91361 - 2 bed, 2 bath
ACTIVE$550,000$1,776/sqft
26 Sherwood Drive, Westlake Village, California 91361
2Beds
2Baths
1,776Sqft
4,923Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Community: Nestled within the desirable, gated Oak Forest Estates in Westlake Village, offering proximity to shops, restaurants, Westlake Lake, and a highly sought-after lifestyle.
Top Cons:
Age of Property & Potential for Updates: Built in 1976, the home is nearly 50 years old, suggesting it may require substantial updates or renovations to meet modern aesthetic and functional standards.
Compared to the nearby listings
Price:$550.0K vs avg $1.83M ($-1,284,500)1%
Size:1,776 sqft vs avg 2,782 sqft12%
Price/sqft:$310 vs avg $6682%
More Insights
Built in 1976 (50 years old).
Condition: Built in 1976, this property is largely original to its era and requires substantial repairs and rehabilitation. The kitchen features severely outdated wood cabinets, laminate countertops, and older appliances (except for a possibly newer cooktop), demanding a full renovation. Both bathrooms are extremely dated with 1970s/80s wallpaper, vanities, and fixtures; the second bathroom's shower shows significant peeling/wear, indicating immediate repair is needed. Throughout the home, there is worn, dated carpet, wood paneling, and old light fixtures, contributing to an overall aesthetic that is far from modern standards. While the property is functional, it is very uncomfortable and requires extensive work to bring it up to contemporary living expectations.
Year Built
1976
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$310
HOA
$418
Days on market
-
Sold On
-
MLS number
V1-31347
Home ConditionPoor
Features
Good View: Hills, Trees/Woods
Deck
Patio
ViewHills, Trees/Woods
About this home
Your opportunity awaits! Nestled in the tree-lined streets of the gated Oak Forest Estates community, this spacious 2-bedroom 2-bathroom home is the perfect canvas for you to make your own. Surrounded by rolling hills, a peaceful creek and the shade of age-old Oaks, this property offers land ownership in congruence with nature. Community amenities, nearby hiking trails, proximity to shops, restaurants and Westlake Lake all make 26 Sherwood Drive the perfect opportunity to create your own getaway.
N
Nick Bowen
Listing Agent
Condition Rating
Poor
Built in 1976, this property is largely original to its era and requires substantial repairs and rehabilitation. The kitchen features severely outdated wood cabinets, laminate countertops, and older appliances (except for a possibly newer cooktop), demanding a full renovation. Both bathrooms are extremely dated with 1970s/80s wallpaper, vanities, and fixtures; the second bathroom's shower shows significant peeling/wear, indicating immediate repair is needed. Throughout the home, there is worn, dated carpet, wood paneling, and old light fixtures, contributing to an overall aesthetic that is far from modern standards. While the property is functional, it is very uncomfortable and requires extensive work to bring it up to contemporary living expectations.
Pros & Cons
Pros
Prime Location & Community: Nestled within the desirable, gated Oak Forest Estates in Westlake Village, offering proximity to shops, restaurants, Westlake Lake, and a highly sought-after lifestyle.
Natural Surroundings & Views: The property is surrounded by rolling hills, a peaceful creek, and mature Oak trees, providing a serene environment with picturesque 'Hills, Trees/Woods' views.
Land Ownership: A significant advantage for a mobile home, as residents own the land, offering greater stability and potential for appreciation compared to leased land properties.
Customization Potential: Described as a 'perfect canvas,' this home presents an excellent opportunity for buyers to personalize and renovate to their taste, adding significant value.
Outdoor Access & Amenities: The community offers amenities and direct access to nearby hiking trails, promoting an active, outdoor-oriented lifestyle within a secure, gated environment.
Cons
Age of Property & Potential for Updates: Built in 1976, the home is nearly 50 years old, suggesting it may require substantial updates or renovations to meet modern aesthetic and functional standards.
High Association Fees: The monthly association fee of $418.0 is relatively high and adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
Mobile Home Classification: Despite land ownership, the property's classification as a 'Mobile Home' might affect financing options, perceived value, and market appeal for certain buyer segments compared to traditional stick-built homes.