
Westlake Village, California 91361
This Single Family Residence represents a Prime Investment Opportunity, listed at $1,600,000—positioned well below the $1,664,381 Fair Market Value by 3%. This valuation gap offers $64,381 in Instant Equity. Featuring a 4-bedroom layout with a Granite Kitchen and a 15,302 sqft lot, the home holds a Condition Rating of 4, inviting cosmetic modernization. Located in the prestigious Las Virgenes district near Westlake Elementary (9/10), this property is ideal for Value-Add Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32458 Timberridge Court Subject | $1,600,000* List Price | 4 | 3 | 3,123 | $547 | - |
A 3415 Three Springs Drive Sold | $1,785,000 | 4 | 3 | 3,123 | $572 | 0.4 mi |
B 32764 Wellbrook Sold | $1,667,500 | 5 | 4 | 3,719 | $448 | 0.9 mi |
C 2205 Highgate Road Sold | $1,850,000 | 5 | 3 | 2,808 | $659 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property is functional but dated. While the kitchen features a granite countertop update, the cabinetry, Hollywood-style bathroom lighting, and original tile/carpet show significant age (>20 years) and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15302, living area = 3123.
Elementary School: Westlake Elementary School (9/10).
Situated in the highly desirable Three Springs community near Westlake Lake, this property offers an elite lifestyle with proximity to scenic hillsides and top-rated schools like Westlake Elementary.
The backyard and side yards are currently open and unfinished, requiring the buyer to commit additional time and capital to develop the outdoor living space after closing escrow.
Built in 1991 and featuring a 'neutral interior,' the home may require cosmetic updates to its kitchen and bathrooms to align with contemporary luxury trends and maximize its value.
Enjoy Westlake Village and its popular Three Springs neighborhood near Westlake's Lake and scenic hillsides. Backyard and side yards are spacious and open for buyers to create desired landscaping after closing escrow on this immaculate home. Appreciate four spacious bedrooms--1 is downstairs and 3 are upstairs. One upstairs room is currently designed as a potential family room where the builder had created a large closet and using that room also as a fifth bedroom. The eat -in kitchen blends into the downstairs family room. Multiple doors open to the extensive backyard. Neutral interior rooms make inviting places to relax, visit with others, and appreciate the decision to buy this home.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,123 | 2,752.866 |
| Lot Size | 15,302 | 10,179.657 |
| Price | $1.60M | $1.81M |
| Price per sq ft | $512 | $737 |
| Built year | 1991 | 1978 |
| HOA | $324.0 | $261 |
| Days on market | 37 | 59 |
Aug 3, 2026
$1,600,000
Initial Listing
Jun 14, 2004
$255,000
Public Record
Dec 28, 2000
$825,000
Public Record