32230 Oakshore Drive, Westlake Village, California 91361, Westlake Village, 91361 - 4 bed, 3 bath
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32230 Oakshore Drive
Westlake Village, California 91361
ACTIVE
CONDITION: POOR
4Beds
3Baths
4,021Sq Ft
5,450Lot Size
Property Price
LIST PRICE$4,195,000
EST. MARKET VALUE
$4,125,453
SUMMARY
This waterfront property represents a High-Potential Investment Opportunity, listed at a List Price of $4,195,000. With a Fair Market Value of $4,125,454, the property is priced at market, reflecting its prime location on the main channel of Westlake Lake. Featuring a Condition Rating of 5, the home requires a comprehensive renovation, offering significant upside for those looking to execute a custom vision. With Panoramic Lake and Mountain Views and proximity to Westlake Elementary (9/10), this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a bespoke waterfront retreat.
Estimated Market Value
$4,125,453
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 |
|---|---|---|---|---|---|---|
★ 32230 Oakshore Drive Subject 4 bd · 3 ba · 4,021 sqft · $1,026 | $4,195,000* List Price | 4 | 3 | 4,021 | $1,026 | - |
A 3927 Fairbreeze Circle Pending 3 bd · 3 ba · 3,038 sqft · $987 · 0.2 mi | $2,999,000 List Price | 3 | 3 | 3,038 | $987 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1969 and marketed explicitly as a renovation opportunity or 'reimagination' project. While the interior is clean, the finishes, carpeting, and fixtures are significantly dated (30-50y range), and the listing suggests a full gut-rehab is necessary to meet modern standards for the area.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Westlake Elementary School (9/10).
- Prime Waterfront Location
Situated on the coveted main channel of Westlake Lake, this property offers rare and direct water access in one of Westlake Village's most prestigious and secure gated communities.
- Development Flexibility
The listing offers unique versatility, allowing buyers to either execute their own custom vision or utilize the seller's existing architectural renderings for a turnkey, professionally managed renovation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4021, other record living area = 3889.
- Recently Sold Property
The property was recently sold within the past year on 2026-09-23. The sold price is $3,300,000.00.
- Extensive Renovation Required
The property is currently positioned as a major project needing a 'complete reimagination,' which implies a significant additional capital investment and a lengthy timeline before the home is habitable.
About 32230 Oakshore Drive
Located on the coveted main channel of Westlake Lake, this Oakshore property presents a rare opportunity to create a custom waterfront retreat. The seller is currently planning a complete reimagination of the property but is open to selling it in its existing condition prior to renovations. For buyers interested in a turnkey transformation, the seller can provide architectural renderings of the proposed design and discuss the possibility of completing the renovation on the buyer’s behalf. Whether you envision bringing your own vision to life or having the seller deliver a beautifully reimagined home, this property offers exceptional flexibility in one of Westlake Lake’s most desirable locations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 5,450 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2078.0 / Month
Neighborhood Insights
Westlake Village Unified Schools
White Oak Elementary School
Grades K-5 • 0.8 mi
7/10
Westlake Elementary School
Grades K-5 • 1.3 mi
9/10
Lindero Canyon Middle School
Grades 6-8 • 2.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 3.1 |
| Square foot | 4,021 | 2,880.286 |
| Lot Size | 5,450 | 10,440.978 |
| Price | $4.20M | $1.90M |
| Price per sq ft | $1.0K | $737 |
| Built year | 1969 | 1979 |
| HOA | $2078.0 | $271 |
| Days on market | 11 | 57 |
Pricing History
Listed for Sale
Oct 13, 2026
$4,195,000
Initial Listing
Sold
Sep 23, 2026
$3,300,000
Public Record