
Westlake Village, California 91361
This Modern Turnkey Residence is a Prime Investment Opportunity listed at $1,799,000—positioned well below the $1,856,630 Fair Market Value by 3%. This valuation gap provides $57,630 in Instant Equity for a home in Excellent Condition. Featuring a high-end designer kitchen and one of the largest lots in First Neighborhood, the property offers direct greenbelt access to White Oak Elementary. This rare blend of modern luxury and significant land value is ideal for growing families or Owner-Occupants seeking immediate appreciation in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31982 Doverwood Court Subject | $1,799,000* List Price | 4 | 2 | 2,371 | $783 | - |
A 4551 Wolsey Court Sold | $2,140,000 | 4 | 3 | 2,387 | $897 | 0.5 mi |
B 31747 Kentfield Court Sold | $1,950,000 | 4 | 3 | 2,515 | $775 | 0.3 mi |
C 32008 Grenville Court Sold | $1,775,000 | 4 | 3 | 2,512 | $707 | 0.2 mi |
D 32019 Royceton Court Sold | $1,800,000 | 3 | 2 | 1,840 | $978 | 0.2 mi |
E 31944 Doverwood Court Pending | $2,000,000 List Price | 4 | 4 | 2,371 | $844 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, featuring a high-end designer kitchen with a large contrast island, gold hardware, herringbone tile backsplash, and premium appliances. The interior boasts modern wide-plank flooring, recessed lighting, and updated fixtures throughout. Despite the 1966 build year, the home presents as a fully updated, turnkey residence meeting current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11036, living area = 2371.
Boasting over 11,000 square feet on a quiet cul-de-sac, this is one of the largest lots in the First Neighborhood, offering rare outdoor space and privacy for the area.
The home features a fully updated, move-in-ready interior with a clean aesthetic, abundant natural light, and a functional layout that aligns with contemporary buyer preferences.
With four bedrooms but only two bathrooms, the home may feel underserviced for larger families or guests compared to other luxury listings in this price bracket.
Originally constructed in 1966, the property may have underlying aging systems typical of its era that require ongoing maintenance despite the modern cosmetic updates.
Welcome home to one of the LARGEST lots in all of First Neighborhood at an incredible price.The expansive backyard is truly a standout feature, offering endless potential for entertaining, recreation, or future customization. This oversized lot delivers a level of usability and flexibility that is rarely available in First Neighborhood.Situated on a quiet cul-de-sac, this home offers a unique blend of privacy, space, and lifestyle. Mature trees and scenic walkways create a peaceful, park-like setting.Inside, the home features a modern interior with a clean, updated aesthetic, complemented by abundant natural light and a functional layout designed for both everyday living and entertaining. The finishes and overall presentation create a move-in ready experience that aligns with what today's buyers are looking for.Conveniently located near White Oak Elementary, a highly regarded school within the community, this home offers easy access through the neighborhood's greenbelt system--allowing for a seamless route without crossing major streets.Known for its walkability and strong sense of community, First Neighborhood remains one of the most desirable areas in Westlake Village. With its prime location, exceptional lot size, modern interior, and highly desirable floor plan, this property presents an incredible opportunity to secure one of the best values in the neighborhood.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 2,371 | 2,712 | 34% |
| Lot Size | 11,036 | 9,387 | 60% |
| Price | $1.80M | $1.94M | 41% |
| Price per sq ft | $759 | $724 | 57% |
| Built year | 1966 | 1976 | 7% |
| HOA | $235.0 | $270 | 30% |
| Days on market | 12 | 163 | 3% |
Apr 10, 2026
$1,799,000
Initial Listing
May 10, 2017
$1,075,000
Public Record
Dec 11, 2013
$780,000
Public Record
Dec 27, 2006
$650,000
Public Record