Realkey.ai
RealKey
‪(213) 433-7766‬

2834 Lakeridge Lane, Westlake Village, California 91361, Westlake Village, 91361 - 2 bed, 2 bath

2834 Lakeridge Lane, Westlake Village, California 91361 home-pic-0
ACTIVE$999,999$1,144/sqft
Est. Value: $828,195
-17%
AboveEstimate
2834 Lakeridge Lane, Westlake Village, California 91361
2Beds
2Baths
1,144Sqft
2,178Lot

Price Vs. Estimate

The estimated value ($828,194.675) is $171,804.325 (17%) lower than the list price ($999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Westlake Elementary School (9/10).
Top Cons:
Significant Overpricing: The current listing price of $999,999 is considerably higher than the estimated property value of $828,194.68, indicating a potential valuation mismatch.

Compared to the nearby listings

Price:$1000.0K vs avg $1.83M ($-834,501)3%
Size:1,144 sqft vs avg 2,782 sqft2%
Price/sqft:$874 vs avg $67179%

More Insights

Built in 1973 (53 years old).
Condition: Despite being built in 1973, the property has undergone significant and recent updates. The description highlights a 'stunning' kitchen, newer dual-pane windows, newer HVAC, and a new main line sewer connection, indicating major system replacements and aesthetic improvements. The finished garage with CA Closets and epoxy floor also points to recent, high-quality upgrades. While not a brand-new construction or a full top-to-bottom renovation within the last 5 years to qualify as 'Excellent' (given the original build year), these extensive updates make the home move-in ready with well-maintained systems and modern features, aligning perfectly with the 'Good' condition criteria.
Year Built
1973
Close
-
List price
$1,000K
Original List price
$1.04M
Price/Sqft
$874
HOA
$402
Days on market
-
Sold On
-
MLS number
225001259
Home ConditionGood
Features
Good View: Mountain(s)
Patio
View-

About this home

Live your best life at 2834 Lakeridge Ln in Westlake Village. Sensational single family attached home. This hip and chic dwelling will speak to your sense of adventure and state of Zen at the same time. If you have been dreaming of a home in an incredible location that offers 'lock and go' ease, then this could be for you. This beauty features two bedrooms and two full bathrooms with generous living space to relax and enjoy. The kitchen is stunning and will be your center of entertainment. Nicely improved with newer dual pane windows, HVAC, new main line sewer connection and so much more. Prepare to move in and enjoy.The exterior space fronts La Venta near the Island gate, and the backyard offers a private patio for alfresco dining and gardening. There is a full size two car finished garage recently decked out with storage from CA Closets and beautiful epoxy floor.Located in the sought after Northshore development, you will enjoy lakefront community room, pool, spa & private beach. Meandering paths bring you to the Lake, stunning community beach, and the Landing. Come see and all this central location has to offers in Westlake Village. Welcome Home!

D
Deserie Boutell
Listing Agent

Nearby schools

9/10
Westlake Elementary School
Public,•K-5•1.5mi
6/10
Colina Middle School
Public,•6-8•2.9mi
8/10
Westlake High School
Public,•9-12•0.9mi
Condition Rating
Good
Despite being built in 1973, the property has undergone significant and recent updates. The description highlights a 'stunning' kitchen, newer dual-pane windows, newer HVAC, and a new main line sewer connection, indicating major system replacements and aesthetic improvements. The finished garage with CA Closets and epoxy floor also points to recent, high-quality upgrades. While not a brand-new construction or a full top-to-bottom renovation within the last 5 years to qualify as 'Excellent' (given the original build year), these extensive updates make the home move-in ready with well-maintained systems and modern features, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Westlake Elementary School (9/10).
Exceptional Community Amenities: Located in the sought-after Northshore development, residents enjoy access to a lakefront community room, pool, spa, private beach, and meandering paths to the lake.
Significant Recent Upgrades: The property boasts newer dual pane windows, HVAC, and a new main line sewer connection, reducing immediate maintenance concerns for major systems.
Desirable Location & Lifestyle: Situated in Westlake Village, the property offers a central location and a 'lock and go' ease, appealing to those seeking convenience and a low-maintenance lifestyle.
Updated Interior & Exterior Features: Features include a stunning kitchen, a private patio for alfresco dining, and a full-size two-car finished garage with CA Closets and an epoxy floor.
Highly-Rated Schools: The property is zoned for well-regarded schools, including Westlake Elementary (9/10) and Westlake High School (8/10), a strong draw for families.

Cons

Significant Overpricing: The current listing price of $999,999 is considerably higher than the estimated property value of $828,194.68, indicating a potential valuation mismatch.
High Monthly Association Fees: A substantial $402 monthly association fee adds a significant recurring cost to homeownership, which may impact affordability.
Modest Square Footage: With 1144 sqft, the property offers relatively limited living space for its nearly $1 million asking price in the Westlake Village market.
Browse Properties by State Browse housing market trends by state