5045 Wagner Way, Oak Park, California 91377, Oak Park, 91377 - 5 bed, 4 bath
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Oak Park, California 91377
Analysis of 5045 Wagner Way, Oak Park, California 91377 is currently available with a list price of $2,150,000. 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 Oak Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1987, the property is 37 years old and falls into the >30y category. While the home is well-maintained with fresh paint and new turf, the kitchen and bathrooms remain largely original, featuring dated blue tile countertops and parquet flooring. The listing explicitly suggests a 'reimagining' of the space, indicating a need for a full interior rehab to modernize the core systems and aesthetic.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 3338.
High School: Oak Park High School (10/10).
The sprawling 17,424 SF lot is a standout feature, offering a heated pool with water features, a putting green, a built-in BBQ station, and scenic mountain views in a private cul-de-sac setting.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The 1987 construction features a traditional compartmentalized layout; the description notes the opportunity to open the kitchen to the family room, suggesting a need for structural remodeling.
While the home has fresh paint, the 'reimagine' positioning suggests that the kitchen and bathrooms may require significant aesthetic and functional updates to align with modern luxury expectations.
*Ask us how this property may qualify for below market financing* Welcome to 5045 Wagner Way, tucked at the end of a quiet cul-de-sac in highly coveted Morrison Sutton Valley. Set on a sprawling nearly 18,000 SF lot and framed by scenic mountain views, this property offers an exceptional outdoor setting that is increasingly hard to find.The backyard is the true centerpiece. Thoughtfully expanded and improved over time, the grounds offer multiple newly leveled areas designed for entertaining, play, and everyday living. A spacious heated pool, framed by classic red brick and enhanced with a water feature and LED lighting, creates a warm and inviting focal point. An elevated putting green adds a fun and functional element, while the surrounding space offers endless possibilities to host, unwind, or simply take in the peaceful setting with mountain views.A built-in BBQ area with sink and tiled countertop makes outdoor dining effortless, while decorative lighting casts a soft glow across the yard in the evenings. Toward the rear of the property, a charming gazebo offers a quiet retreat with potential for a future ADU or detached structure. The oversized side yard provides additional flexibility, currently featuring a storage structure and basketball hoop, with ample space for a sport court or expanded recreation area. Turf installed approximately four years ago enhances the clean, low-maintenance appeal, and a custom dual covered dog kennel adds a thoughtful touch for pet owners.Inside, the home offers over 3,300 SF with 5 bedrooms and 3 bathrooms, complemented by fresh paint throughout the entire interior, creating a bright and refreshed feel. A main level bedroom with an ensuite bathroom also serves as an ideal pool bath for guests. The layout is functional and well proportioned, with soaring two-story ceilings at entry, a formal living and dining room, and a family room with fireplace that offers the opportunity to open to the kitchen and create a more modern, connected space.Upstairs, the primary suite features a fireplace, sitting area, walk-in closet, and views overlooking the backyard and surrounding mountains. Three additional bedrooms complete the upper level.A long driveway leads to a three-car garage with direct access, recently upgraded with sleek epoxy flooring, offering both functionality and a clean, finished look.Located within one of Oak Park's most desirable communities, known for its quiet streets, low HOA, and close proximity to award-winning schools, neighborhood parks, hiking trails, and local shopping and dining, this is a rare opportunity to reimagine a home in a truly exceptional setting.
No exterior & parking available.
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 4.0 | 3.0 | 78% |
| Square foot | 3,338 | 2,247 | 89% |
| Lot Size | 17,424 | 7,405 | 91% |
| Price | $2.15M | $1.26M | 80% |
| Price per sq ft | $644 | $607 | 58% |
| Built year | 1987 | 1989 | 47% |
| HOA | $310.0 | $95 | 78% |
| Days on market | 37 | 141 | 4% |
May 30, 2026
$2,150,000
$2,195,000
-2% Price Drop
Initial Listing
Apr 27, 2026
$2,195,000
Initial Listing
Oct 28, 2021
$1,560,000
Public Record
Nov 30, 2004
$1,390,000
Public Record