
Woodland Hills, California 91364
This Custom Chalet Value-Add is a Strong Value Opportunity with a List Price of $989,000—positioned well below the $1,098,679 Fair Market Value by 9%. This valuation gap offers $109,679 in Instant Equity for buyers ready to modernize the Fair Condition Rating interior. Featuring mountain and city light views, high open-beam ceilings, and a private deck, the home is near top-rated schools like Chaparral Elementary and Calabasas High. This high-upside asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5060 Campo Road Subject | $929,000* List Price | 3 | 2 | 2,886 | $343 | - |
A 20967 Bandera Street Sold | $1,065,000 | 4 | 3 | 2,856 | $373 | 0.7 mi |
B 22297 Buena Ventura Street Sold | $801,000 | 4 | 2 | 1,979 | $405 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1964 custom chalet that underwent its last major renovation and addition in 1990. While the home features desirable architectural elements like vaulted open-beam ceilings and hardwood floors, the kitchen and bathrooms are significantly outdated, featuring 1990s-era white tile countertops, older cabinetry, and aged appliances. The listing description explicitly notes that the home 'awaits your cosmetic touches' and is priced below market to reflect the need for modernization. It appears well-maintained but has not seen significant updates in over 30 years, fitting the criteria for fair condition.
This unique custom chalet features dramatic floor-to-ceiling windows and high open-beam ceilings that capture sweeping mountain and city light views, creating a rare 'mountain retreat' ambiance in the heart of Woodland Hills.
Priced substantially below market value, this property presents a premier value-add opportunity for buyers to build immediate equity by applying cosmetic updates to a spacious 2,886 square foot floor plan.
The home offers exceptional flexibility with a massive primary suite featuring a private deck and a large family room with a separate entrance, making it ideal for multi-generational living or a professional home office setup.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7229, other record lot size in square feet = 7297. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2886, other record living area = 1866. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property requires significant cosmetic investment and a personal vision to modernize, which may be a deterrent for buyers seeking a move-in-ready residence.
With the original structure dating to 1964 and the last major upgrades completed in 1990, the home likely requires updates to older systems and finishes to meet contemporary standards.
Spacious Custom Chalet in Prime South of the Boulevard Woodland Hills! This is truly a 'See to Believe' property, priced far below market as it awaits your cosmetic touches and personal vision. Originally built in 1964 but have plans dated 1990 showing current house. (plans available for review), this one-of-a-kind home offers an incredible opportunity you won't want to miss.Nestled among lush greenery, you'll feel like you're living in a private mountain retreat--yet Warner Center is just down the street. The home welcomes you with an expansive open floor plan featuring dramatic floor-to-ceiling windows that capture sweeping views and fill the space with natural light. High open-beam ceilings and hardwood floors create warmth and architectural character throughout.The large kitchen with skylights flows seamlessly into the Great Room, making it ideal for entertaining. The massive primary suite boasts soaring ceilings and a private deck with spectacular views, your own peaceful escape. A spacious family room with inlaid brick and wood detailing offers a separate entrance and direct access to the backyard, perfect for guests, extended family, or flexible living arrangements.Additional highlights include abundant storage space with a room below the home, plus a lush, private wooded backyard complete with expansive custom decking--ideal for relaxing or hosting gatherings under the trees.This is a major opportunity, you could not build this home for this price today. Bring your ideas and transform this extraordinary chalet into your dream home!
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.6 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 2,886 | 2,243 | 74% |
| Lot Size | 7,229 | 9,631 | 27% |
| Price | $929.0K | $1.30M | 11% |
| Price per sq ft | $322 | $621 | 2% |
| Built year | 1964 | 1962 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 180 | 6% |
Apr 3, 2026
$929,000
$979,000
-5% Price Drop
Initial Listing
Mar 25, 2026
$979,000
$989,000
-1% Price Drop
Initial Listing
Feb 21, 2026
$989,000
Initial Listing