3924 Fairbreeze Circle, Westlake Village, California 91361, Westlake Village, 91361 - 4 bed, 5 bath
3924 Fairbreeze Circle
Westlake Village, California 91361
Property Price
SUMMARY
Analysis of 3924 Fairbreeze Circle, Westlake Village, California 91361 is currently available with a list price of $6,295,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Westlake Village Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1975, the property is explicitly marketed as an extensive renovation project or a teardown. While the interior appears clean and staged in photos, the kitchen, bar, and fixtures are significantly outdated, and the listing emphasizes that the value lies primarily in the rare double lot and development potential rather than the existing structure.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Westlake Elementary School (9/10).
- Rare Double Lot
As one of only six double lots on the exclusive Westlake Island, this property offers a unique and expansive footprint that is nearly impossible to replicate in this market.
- Premier Lakefront Location
The property boasts breathtaking, direct lake views and provides a luxury lifestyle with the opportunity for electric boat access within a prestigious guard-gated community.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The existing structure is identified as a teardown or a total renovation project, requiring a buyer with significant additional capital and a long-term construction timeline.
- High Monthly Carrying Costs
A substantial monthly association fee of $1,900 creates high holding costs, which can be particularly burdensome during the permitting and construction phases.
- Market Pricing Volatility
The property has seen significant price reductions from its original $7.495M listing, suggesting that the initial valuation was high for a property requiring such extensive work.
About 3924 Fairbreeze Circle
Discover the rare opportunity of owning a prime location double lot (with only 6 double lots total) on the exclusive guard gated Westlake Village Island, offering breathtaking lake views and enhanced security for your peace of mind. Perfect for building your dream home, as the existing structure is an extensive renovation/remodel or make it your very own by tearing it down. Don’t miss your chance to create the ultimate oasis in one of the most sought-after neighborhoods! Imagine enjoying an electric boat ride around the Island, adding a touch of luxury to your lifestyle. Contact us today to explore the endless possibilities this exceptional lot has to offer
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 11,267 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1900.0 / Month
Neighborhood Insights
Westlake Village Unified Schools
White Oak Elementary School
Grades K-5 • 0.6 mi
Westlake Elementary School
Grades K-5 • 1.6 mi
Lindero Canyon Middle School
Grades 6-8 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 82% |
| Square foot | 5,073 | 2,808 | 91% |
| Lot Size | 11,267 | 10,018 | 56% |
| Price | $6.29M | $2.00M | 98% |
| Price per sq ft | $1.2K | $702 | 95% |
| Built year | 1975 | 1978 | 37% |
| HOA | $1900.0 | $270 | 95% |
| Days on market | 231 | 172 | 80% |
Pricing History
Listed for Sale
Jan 17, 2026
$6,295,000
$6,995,000
-10% Price Drop
Initial Listing
Price Change
Sep 12, 2025
$6,995,000
Initial Listing
Price Change
Jul 18, 2025
$7,495,000
Initial Listing