5001 Lakeview Canyon, Westlake Village, California 91362, Westlake Village, 91362 - 6 bed, 7 bath
5001 Lakeview Canyon
Westlake Village, California 91362
Property Price
SUMMARY
Analysis of 5001 Lakeview Canyon, Westlake Village, California 91362 reveals a property with a current list price of $4,899,000, which is 3% above the estimated $4,749,796 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 5001 Lakeview Canyon Subject | $4,899,000* List Price | 6 | 7 | 5,509 | $862 | - |
A 4929 Lakeview Canyon Road Sold | $3,800,000 | 4 | 5 | 4,407 | $862 | 0.1 mi |
B 4445 Golf Course Drive Active | $3,500,000 List Price | 4 | 5 | 5,379 | $651 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1985, this property has undergone stunning, recent extensive renovations and additions, including a new roof, fascia, gutters, and two new A/C units with new ducting installed in 2024. The chef's kitchen features top-of-the-line appliances, a 9-foot waterfall island, double oven, and built-in espresso station, all in a modern contemporary style. The spa-inspired bathrooms are also fully updated with jetted tubs, rain showers, and high-end fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
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 = 22651, living area = 5509.
- Great Schools
High School: Oak Park High School (10/10).
- Prime Golf Course Location & Panoramic Views
Perfectly situated on the exclusive North Ranch Golf Course, the property offers breathtaking panoramic views of lush fairways and surrounding mountains, enhancing its desirability and value.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
The property has undergone a recent price reduction from $5.199M to $4.899M, which might suggest initial overpricing or a longer time on the market than anticipated, potentially raising questions for prospective buyers.
- Ongoing Association Fees
The property is subject to a monthly association fee of $120.0, which adds to the recurring cost of homeownership and may be a consideration for some buyers.
- Fully Furnished Offering
While presented as a convenience, being fully furnished might limit the appeal to buyers who prefer to personalize their home with their own furnishings or could lead to additional negotiation points regarding the inclusion and value of the furniture.
About 5001 Lakeview Canyon
On the Golf Course! See video tour link below. Stunning, recent extensive renovations and additions. This exceptional home is fully furnished and has been thoughtfully curated to complement its modern contemporary design. Perfectly situated on the exclusive North Ranch Golf Course, it offers panoramic views of both the lush fairways and the surrounding mountains. Special details and bespoke design make this home unique not only for the breathtaking views as you walk in through the front door but for its character that can only be appreciated in person. Every detail reflects modern luxury—from the open-concept living spaces to the curated finishes throughout.The chef’s kitchen features top-of-the-line appliances, 9 foot waterfall island, double oven, built-in espresso/coffee station, and a walk-in pantry. The home includes two primary suites, each with custom walk-in closets and spa-inspired bathrooms featuring jetted tubs and rain showers that create a true retreat experience. The open living room is an entertainer’s dream, showcasing vaulted ceilings, floor-to-ceiling windows, a bar, and a temperature-controlled wine cellar. A separate family room with a large theater screen, full sound setup, and fireplace provides the perfect space to relax and unwind. The custom-built media room/home theater delivers an immersive entertainment experience unlike any other. Exterior upgrades include a new roof, all-new fascia, gutters and protectors, two new A/C units with new ducting installed in 2024, privacy hedging, a private gate, and upgraded garage doors. The finished three-car garage includes an electric vehicle charging unit. The beautiful and peaceful backyard is framed by majestic redwood trees offering privacy while overlooking the impeccably manicured golf course. Enjoy the fully furnished outdoor patio with a dining area, firepit lounge, and outdoor kitchen complete with BBQ, cooktop, counter space, and refrigerator—perfect for evening gatherings under the stars. This gated property features extensive security monitoring for peace of mind. The photos capture the home’s elegance, but seeing it in person truly transports even the most discerning buyer to another level of luxury living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 22,651 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Westlake Village Unified Schools
Westlake Hills Elementary School
Grades K-5 • 2.1 mi
Conejo Elementary School
Grades K-5 • 2.4 mi
White Oak Elementary School
Grades K-5 • 3.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 7.0 | 3.0 | 98% |
| Square foot | 5,509 | 2,482 | 96% |
| Lot Size | 22,651 | 9,082 | 89% |
| Price | $4.90M | $1.34M | 97% |
| Price per sq ft | $889 | $566 | 98% |
| Built year | 1985 | 1985 | 50% |
| HOA | $120.0 | $94 | 57% |
| Days on market | 129 | 167 | 33% |
Pricing History
Listed for Sale
Jan 6, 2026
$4,899,000
$5,199,000
-6% Price Drop
Initial Listing
Price Change
Oct 28, 2025
$5,199,000
Initial Listing