31579 Lindero Canyon Road 8, Westlake Village, California 91361, Westlake Village, 91361 - 2 bed, 2 bath
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31579 Lindero Canyon Road 8
Westlake Village, California 91361
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,158Sq Ft
465,447Lot Size
Property Price
LIST PRICE$549,999
EST. MARKET VALUE
$586,121
6% BelowMARKET VALUE
SUMMARY
This Condominium is a Strong Value Opportunity, listed at $549,999—positioned well below the $586,122 Fair Market Value by 6%. This valuation gap offers $36,123 in Instant Equity for the buyer. With a Condition Rating of 3, the unit features modern kitchen and bath updates while offering a flexible bonus room for personalization. Residents enjoy resort-style amenities, including a pool, spa, and panoramic canyon views. This is an ideal acquisition for Owner-Occupants seeking lifestyle value or first-time buyers looking for a stable, well-located asset.
Estimated Market Value
$586,121+$36,122 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Westlake Village.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31579 Lindero Canyon Road 8 Subject | $549,999* List Price | 2 | 2 | 1,158 | $506 | - |
A 31568 Agoura Road 4 Sold | $515,000 | 2 | 2 | 1,158 | $445 | 0.0 mi |
B 31584 Agoura Sold | $479,000 | 2 | 2 | 1,158 | $414 | 0.0 mi |
C 3728 Summershore Lane Sold | $650,000 | 2 | 2 | 1,195 | $544 | 0.9 mi |
D 2890 Instone Court Sold | $565,000 | 2 | 1 | 924 | $611 | 0.9 mi |
E 1234 Landsburn Circle Sold | $555,000 | 2 | 1 | 924 | $601 | 1.0 mi |
F 31584 Agoura Road 4 Active | $549,900 List Price | 2 | 2 | 1,152 | $477 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1968 but features significant partial renovations. The kitchen is functional with stainless steel appliances and stone countertops, while bathrooms have been refreshed with modern vanities and LED mirrors. The unit appears well-maintained and move-in ready, though some older tile work remains.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Floor Plan
The inclusion of a versatile third bonus room allows for a home office, formal dining, or extra living space, providing rare adaptability for a two-bedroom unit.
- Scenic Views and Outdoor Living
A generously sized balcony paired with panoramic views of the canyon, mountains, and trees offers a premium outdoor experience and enhances the home's tranquility.
- Resort-Style Community Amenities
Residents benefit from extensive community features including a pool, spa, BBQ area, and manicured greenbelts, fostering a high-quality lifestyle in Westlake Village.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =465447, other record lot size in square feet = 465304.
- High Monthly Carrying Costs
The association fee of $710 per month is relatively high for this price point, which may impact buyer affordability and overall return on investment.
- Potential for Modernization
Built in 1968 and described as having 'room to make it your own,' the property likely requires additional capital investment to update its finishes to modern standards.
About 31579 Lindero Canyon Road 8
Welcome to 31579 Lindero Canyon Road, Unit 8a spacious and versatile 2-bedroom, 2-bathroom residence offering comfortable living with plenty of room to make it your own. The thoughtfully designed floor plan features a flexible third bonus room that can be used as a home office, formal dining room, or additional living space to suit your lifestyle.A standout feature is the generously sized balcony, offering a wonderful extension of the living space and the perfect spot for morning coffee, outdoor dining, entertaining, or simply relaxing. The community also offers an array of recreational amenities, including a sparkling pool and spa, as well as convenient guest parking. Beautifully landscaped grounds feature manicured greenbelts and park-like settings, creating a peaceful and inviting atmosphere throughout the community. An outdoor BBQ area provides an additional space for relaxing, gathering with friends, and entertaining.With two bedrooms, two bathrooms, a versatile bonus room, and a spacious balcony, this home offers both flexibility and an appealing community lifestyle in a convenient Lindero Canyon location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- 465,447 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $710.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.1 |
| Square foot | 1,158 | 1,203.643 |
| Lot Size | 465,447 | 4,088.357 |
| Price | $550.0K | $722.8K |
| Price per sq ft | $475 | $613 |
| Built year | 1968 | 1975 |
| HOA | $710.0 | $649 |
| Days on market | 4 | 53 |
Pricing History
Listed for Sale
Sep 5, 2026
$549,999
Initial Listing
Sold
Nov 9, 2023
$535,000
Public Record
Sold
Jun 9, 2021
$330,000
Public Record
Sold
May 8, 2018
$330,000
Public Record