2882 Rainfield Avenue, Westlake Village, California 91362, Westlake Village, 91362 - 5 bed, 6 bath

2882 Rainfield Avenue
Westlake Village, California 91362
Property Price
SUMMARY
Analysis of 2882 Rainfield Avenue, Westlake Village, California 91362 reveals a Fairly Priced Property with a current list price of $2,920,000 aligned with the estimated $2,920,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Westlake Village Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2001, this estate is move-in ready and exceptionally well-maintained. The property features a chef's kitchen with premium appliances and custom finishes, along with a spa-style primary bathroom. While the Tuscan-inspired aesthetic reflects its original construction era, the high-end materials, updated appliances, and pristine resort-style outdoor living areas indicate a home that has been preserved with minimal wear and tear, fitting the criteria for a high-quality, functional residence.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 25700, living area = 5718.
- Resort-Style Outdoor Living
The estate features two distinct backyard retreats, including a sparkling pool with a waterfall, a built-in BBQ, a Tuscany-style fountain, and an outdoor lounge with a fireplace, offering a premier entertaining environment.
- Versatile and Expansive Floor Plan
With over 5,700 sq ft of living space, five en-suite bedrooms, and two additional rooms currently used as offices, the property provides exceptional flexibility for multi-generational living or remote work.
CONSRISKS & DEFICIENCIES
- Market Stagnation Indicators
The property has undergone multiple price reductions from its original $3.21M listing, which may suggest a challenge in aligning the home's value with current market expectations.
- Record Discrepancies
The physical layout includes more functional rooms than the five bedrooms shown on the official title, which can occasionally complicate the appraisal or financing process for specific lenders.
About 2882 Rainfield Avenue
New Price reduction! Motivated Seller! Step into charming Tuscany-inspired resort living with this 5,870 sq ft two-story estate, gracefully set on a 25,700 sq ft gated Signature Collection, designed for seamless entertaining, everyday comfort, and future growth. This 5-bedroom, 6-bath retreat offers gorgeous canyon/hills views, secured parking for 5+ vehicles (Including electric vehicle charger), and unmatched privacy in one of Westlake Village's most desirable pockets. Inside, soaring ceilings and expansive windows flood the home with natural light, creating a warm yet refined ambiance. The open-concept design on the first floor flows seamlessly from elegant formal living and dining rooms into an oversized family room ideal for gatherings of any size. A beautiful chef's kitchen with premium appliances and custom finishes makes entertaining effortless. On the first floor, you'll find a dedicated home office with custom cabinetry and a private entrance perfect for use as a guest room. There is also an additional bedroom with an en-suite bathroom overlooking the pool. The upper level is anchored by a stunning primary suite, complete with a fireplaces, a spa-style bath, and total seclusion. Three additional en-suite bedrooms upstairs offer comfort for family or guests. Outdoor living is equally captivating, featuring two distinct backyard retreats: one with a Tuscany-style fountain, grapevine greenery, and serene seating areas; the other with a sparkling pool and waterfall, built-in BBQ, lounge with fireplace, and sweeping mountain views. Title shows 5 bedrooms; however, there are two additional rooms currently being used as offices, offering flexible living space. This exceptional estate blends timeless Tuscan charm with modern luxury, offering both connection and retreat while delivering lifestyle, privacy, and long-term value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 25,700 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $275.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 6.0 | 3.0 | 94% |
| Square foot | 5,718 | 2,482 | 96% |
| Lot Size | 25,700 | 9,082 | 92% |
| Price | $2.92M | $1.34M | 95% |
| Price per sq ft | $511 | $563 | 29% |
| Built year | 2001 | 1985 | 93% |
| HOA | $275.0 | $94 | 82% |
| Days on market | 176 | 169 | 54% |
Pricing History
Listed for Sale
Feb 10, 2026
$2,920,000
$2,995,000
-3% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$2,995,000
$3,100,000
-3% Price Drop
Initial Listing
Price Change
Nov 6, 2025
$3,100,000
$3,210,000
-3% Price Drop
Initial Listing
Price Change
Sep 11, 2025
$3,210,000
Initial Listing



















































