
Westlake Village, California 91362
Analysis of 2888 Rainfield, Westlake Village, California 91362 is currently available with a list price of $2,325,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
Although built in 2001, the property has undergone extensive renovations within the last 3 years, including a redesigned gourmet kitchen with new stone countertops, updated flooring, and high-end systems like Tesla Powerwalls and solar. The mint condition of the interior and the recently refinished pool area meet the criteria for a top-tier rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19340, living area = 4007.
The home features significant recent upgrades including two Tesla Powerwalls, solar energy, and a whole-house water filtration system, offering enhanced efficiency and utility value.
Situated in the gated Signature Collection, this spacious 4,007 sqft single-story layout is highly sought after for its accessibility and seamless indoor-outdoor flow.
With 158 days on the market and six price reductions from the original $2.625M listing, the property may face challenges with buyer perception and 'stale' listing stigma.
The solar system is leased rather than owned, which requires the buyer to assume a contractual financial obligation and may be less attractive than an owned asset.
Beautifully updated and thoughtfully designed, this elegant single-story residence is located within the gated Signature Collection of Westlake Village, an exclusive enclave known for its privacy and picturesque Santa Monica Mountain surroundings. The home offers a spacious and refined open layout featuring formal living and dining areas that open to a charming outdoor courtyard, creating a seamless setting for both everyday living and gracious entertaining. At the heart of the home, the inviting family room with fireplace flows effortlessly into the gourmet kitchen, complete with professional appliances, a butler’s pantry, sunny breakfast area, and a redesigned island highlighted by a new stone countertop. The private primary suite serves as a luxurious retreat with direct access to the backyard, dual walk-in closets, and a spacious spa-like bath, while three additional en-suite bedrooms provide comfort and privacy for family and guests. Over the past three years, the home has been extensively enhanced with leased solar and two Tesla Powerwalls, a refinished PebbleTec pool and spa, a new motorized louvered pergola for year-round outdoor enjoyment, wood flooring added in the secondary bedrooms, new carpet in the primary suite, a new front door, upgraded garage doors with overhead storage racks, designer interior paint and wallpaper accents, and a whole-house water filtration system. The beautifully landscaped backyard offers multiple patio areas, fruit trees, and tranquil mountain views, creating a peaceful outdoor retreat just minutes from Westlake Village’s premier shopping, dining, parks, hiking trails, and the award-winning Conejo Valley Unified School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,007 | 2,752.866 |
| Lot Size | 19,340 | 10,179.657 |
| Price | $2.33M | $1.81M |
| Price per sq ft | $580 | $737 |
| Built year | 2001 | 1978 |
| HOA | $275.0 | $261 |
| Days on market | 170 | 59 |
Aug 23, 2026
$2,325,000
$2,395,000
-3% Price Drop
Initial Listing
Aug 5, 2026
$2,395,000
$2,449,000
-2% Price Drop
Initial Listing
Jul 7, 2026
$2,449,000
$2,499,000
-2% Price Drop
Initial Listing
Jun 1, 2026
$2,499,000
$2,575,000
-3% Price Drop
Initial Listing
Apr 28, 2026
$2,575,000
$2,625,000
-2% Price Drop
Initial Listing
Mar 23, 2026
$2,625,000
Initial Listing
Apr 14, 2023
$2,242,000
Public Record
Jun 8, 2001
$877,000
Public Record