4590 Tam O Shanter Drive, Westlake Village, California 91362, Westlake Village, 91362 - 3 bed, 3 bath
4590 Tam O Shanter Drive
Westlake Village, California 91362
Property Price
SUMMARY
Analysis of 4590 Tam O Shanter Drive, Westlake Village, California 91362 reveals a Prime Investment Opportunity with a current list price of $1,599,000—significantly undercutting the $1,665,991 Fair Market Value by 4%. This valuation gap indicates a +$66,991 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4590 Tam O Shanter Drive Subject | $1,599,000* List Price | 3 | 3 | 2,458 | $678 | - |
A 1745 Saint Andrews Place Sold | $1,250,000 | 3 | 3 | 2,117 | $590 | 0.2 mi |
B 4559 Rayburn Street Sold | $1,823,000 | 3 | 4 | 2,532 | $720 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property features a recently remodeled, modern kitchen with high-end finishes, new appliances, and updated light-colored hardwood flooring throughout the main living areas, making these spaces feel contemporary and move-in ready. However, the bathrooms, particularly the master and secondary full baths, are significantly dated in style and materials (e.g., beige tile, brass fixtures, older vanity styles), indicating they have not been renovated to the same modern standard as the kitchen. While functional and clean, they show signs of being outdated. The home is well-maintained overall, but the disparity in renovation levels between the kitchen and bathrooms places it in the 'Good' category rather than 'Excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2458.
- Great Schools
High School: Oak Park High School (10/10).
- Prime Location & Community
Located in the heart of North Ranch, one of Westlake Village's most sought-after, quiet, and upscale communities, offering a refined and private lifestyle within a gated setting.
CONSRISKS & DEFICIENCIES
- Property Age & Potential System Updates
Built in 1980, while the kitchen is remodeled, the description does not specify updates to other major systems (e.g., HVAC, plumbing, electrical, roof), which may be original or nearing the end of their lifespan.
- Ongoing Association Fees
The property incurs a monthly association fee of $220, which is an additional recurring cost of homeownership that potential buyers must consider.
- Limited Renovation Details
Beyond the remodeled kitchen, the description lacks specific details on updates to other key areas such as bathrooms, flooring, or landscaping, suggesting potential for further investment to fully modernize the entire home.
About 4590 Tam O Shanter Drive
Welcome to this stunning three bedroom, three bath home in the heart of North Ranch, one of Westlake Village's most sought-after communities. Featuring an open, airy floor plan filled with natural light, ideal for everyday living and entertaining. The remodeled kitchen offers modern finishes and flows seamlessly into the main living areas. Enjoy peaceful views and the convenience of being just steps from the Westlake Golf Course. Located in a quiet, upscale neighborhood served by excellent schools, this is an exceptional opportunity to enjoy a refined lifestyle. Gated and private, you will not want to miss this beauty.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220.0 / Month
Neighborhood Insights
Westlake Village Unified Schools
Westlake Hills Elementary School
Grades K-5 • 2.0 mi
Conejo Elementary School
Grades K-5 • 2.1 mi
White Oak Elementary School
Grades K-5 • 3.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,458 | 2,461 | 49% |
| Lot Size | 10,890 | 9,082 | 63% |
| Price | $1.60M | $1.34M | 71% |
| Price per sq ft | $651 | $566 | 72% |
| Built year | 1980 | 1985 | 44% |
| HOA | $220.0 | $94 | 76% |
| Days on market | 52 | 167 | 9% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,599,000
$1,785,000
-10% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$1,785,000
Initial Listing
Sold
Apr 14, 2021
$1,000,000
Public Record
Sold
Jun 17, 1999
$395,000
Public Record