
Westlake Village, California 91361
This Turnkey Condominium represents a Strong Value Opportunity, listed at $875,000—positioned well below the $974,591 Fair Market Value by 10%. This valuation gap provides $99,591 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end quartz finishes, smart home integration, and stunning mountain views, this residence offers a sophisticated lifestyle. With access to community pool, spa, and tennis courts, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a premium, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31015 Lexington Way Subject | $875,000* List Price | 2 | 3 | 1,407 | $685 | - |
A 30956 Minute Man Way Sold | $915,000 | 3 | 3 | 1,726 | $530 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen features modern white shaker cabinets and quartz countertops, all bathrooms have been fully remodeled with contemporary fixtures and tile, and the home includes updated systems such as a Nest thermostat, Ring security, and double-pane windows, placing it in mint, move-in-ready condition.
The home features high-end finishes including quartz countertops, real wood flooring, and fully remodeled bathrooms, offering a sophisticated, move-in-ready experience.
Boasting one of the largest backyards in the community, the property features lush landscaping, mountain views, and smart lighting, providing rare outdoor space for a condominium.
Located in The Westlake Colony, residents benefit from gated security, premium amenities like tennis and pickleball courts, and close proximity to Westlake Village’s upscale dining and shopping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =890799, other record lot size in square feet = 890175.
With only two bedrooms, the property may have restricted appeal for larger families or buyers requiring multiple home offices and guest spaces.
The monthly association fee of $560 represents a notable recurring expense that may impact the overall affordability for some prospective buyers.
Welcome to The Westlake Colony, a highly desirable gated community in Westlake Village.You'll be impressed as soon as you walk through the front door of this beautifully updated home, with the vaulted ceilings, open floor plan and real wood flooring that adds a warm, sophisticated touch. The kitchen offers quartz countertops, stainless steel appliances, white shaker cabinets and tile backsplash. Other features include plantation shutters, double pane windows, fresh paint, including the fireplace and cabinet area in the living room with a new quartz countertop, automatic lighting in the dining area and entry, and new lighting in the powder room. A sliding glass door in the living room takes you to a gorgeous backyard, one of the larger in the complex. As you step outside you're greeted by a stunning display of lush plants, palm trees and a beautiful mountain view, perfect for relaxing and outdoor living. The automatic sprinkler system helps keep everything fresh and vibrant. In the evening, turn on the Philips Hue lighting with app control to create the perfect ambience. Upstairs the extra large primary bedroom, with sitting/office/workout area, has a beautiful mountain view, balcony, ceiling fan, en-suite bathroom that has been remodeled with a new quartz countertop vanity, shower, lighting and Toto toilet and has a skylight. The second bedroom also has its own remodeled en-suite bathroom, balcony and ceiling fan. Other extras include a Nest thermostat system and Ring security system with cameras in front, side and backyard areas. The community features a sparkling pool, spa and tennis/pickelball court. Nearby you'll find many stores and smaller shops, a variety of grocery stores, lots of restaurants including Stonehaus, Crawford's Social, Mediterraneo, Coin & Candor at the 4 Seasons, Boccacio's on the lake and more. Costco and Target are not too far away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,407 | 1,187 |
| Lot Size | 890,799 | 3,049 |
| Price | $875.0K | $664.1K |
| Price per sq ft | $622 | $609 |
| Built year | 1983 | 1974 |
| HOA | $560.0 | $628 |
| Days on market | 47 | 77 |
Jun 5, 2026
$875,000
Initial Listing
Dec 8, 2021
$799,000
Public Record
Oct 15, 2019
$637,000
Public Record
Aug 27, 1999
$222,500
Public Record