498 Lakeview Canyon, Westlake Village, California 91362, Westlake Village, 91362 - 5 bed, 6 bath
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Westlake Village, California 91362
Analysis of 498 Lakeview Canyon, Westlake Village, California 91362 is currently available with a list price of $4,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1996, the property is 28 years old, placing it in the 'Fair' category. While the home is well-maintained with 'newer HVAC' and fresh cosmetic updates like paint and carpet, the kitchen and bathrooms feature original 1990s-style cabinetry and granite that are considered dated by modern luxury standards and will eventually require updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49179, living area = 5557.
High School: Oak Park High School (10/10).
Situated in the exclusive Country Club Estates of North Ranch, this custom estate offers unparalleled privacy and security on a sprawling one-acre lot.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =49179, other record lot size in square feet = 14374.
The $995 monthly HOA fee, combined with the maintenance requirements of a one-acre lot and large pool, represents a significant ongoing financial commitment.
While freshly painted, certain 1996 design features such as the specific marble finishes and jetted tubs may feel dated to buyers looking for a modern aesthetic.
Nestled in the prestigious, guard-gated Country Club Estates of North Ranch Country Club (Thousand Oaks/Westlake Village), this timeless single-story custom estate rests on a sprawling 1-acre plus lot. Boasting sweeping mountain views from every room, freshly painted and new carpeting thought-out 5-bedroom, 6-bathroom retreat offers ultimate privacy and luxury living. Interior Highlights • Grand Foyer & Living Spaces: An inviting foyer introduces an oversized great room with a fireplace and a wet bar, perfect for hosting. The opposite wing features a formal living room with a marble fireplace and high-volume trey ceilings. • Chef’s Kitchen: The gourmet kitchen includes a large island, breakfast bar, and sunny nook. It is fully equipped with top-tier appliances, including a double-wide commercial Sub-Zero refrigerator/freezer, gas cooktop, double electric ovens, and expansive granite countertops. • Formal Dining: An elegant dining room sits adjacent to the kitchen, featuring trey ceilings and seamless access to the outdoors. • Master Suite: A peaceful sanctuary offering a private fireplace and French doors leading to the backyard oasis. The enormous en-suite bath features a jetted tub, dual jetted shower, separate vanities, and a massive walk-in closet. • Guest & Staff Quarters: Features three additional guest suites, each with its own full bath, walk-in closets, and French doors to the yard. An additional office/bedroom with a full bath and oversized laundry room provides an ideal setup for live-in staff. Entertainer’s Backyard & Grounds • Resort-Style Pool & Dining: Step through numerous French doors into a private, secluded retreat featuring a mini-Olympic size pool, outdoor kitchen, outdoor shower, and a remodeled outdoor pool bath. • Lush Gardens: The opposite side of the grounds boasts a lush, landscaped haven with fruit trees, mature greenery, rose bushes, and an Italian-inspired fountain—perfect for warm evenings. Premium Upgrades & Amenities • Freshly painted interiors and new carpeting throughout. • Newer HVAC units and a spacious 3-car garage. • Total privacy and panoramic mountain views. WELCOME HOME!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 5,557 | 2,357 |
| Lot Size | 49,179 | 8,712 |
| Price | $4.75M | $1.83M |
| Price per sq ft | $855 | $723 |
| Built year | 1996 | 1975 |
| HOA | $995.0 | $270 |
| Days on market | 33 | 57 |
Jun 19, 2026
$4,750,000
Initial Listing