RealKey
‪(213) 433-7766‬

5163 Alhama Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 3 bed, 3 bath

5163 Alhama Drive, Woodland Hills, California 91364 home-pic-0
ACTIVE$1,095,000
5163 Alhama Drive, Woodland Hills, California 91364
3Beds
3Baths
1,522Sqft
8,500Lot

Price Vs. Estimate

The estimated value ($724,113.98) is $370,886.02 (33%) lower than the list price ($1,095,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 8500, living area = 1522.
Top Cons:
Significant Valuation Discrepancy: The current list price of $1,095,000 is 33% higher than the estimated property value of $724,113.98, which may indicate overpricing and could impact marketability.

Compared to the nearby listings

Price:$1.09M vs avg $1.35M ($-255,000)27%
Size:1,522 sqft vs avg 2,270.5 sqft16%
Price/sqft:$719 vs avg $62676%

More Insights

Built in 1950 (75 years old).
Condition: Despite being built in 1950, this property has undergone a 'fully remodeled' transformation, as explicitly stated and visually confirmed by the images. The kitchen features modern white shaker cabinets, white granite countertops, subway tile backsplash, stainless steel appliances, and a large island, all appearing virtually new. Bathrooms are similarly updated with modern vanities and tiling. The home boasts consistent light wood-look flooring, recessed lighting throughout, and a new electrical subpanel. The exterior and backyard deck also show recent, high-quality improvements. These extensive and recent renovations bring the property's condition to current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated home.
Year Built
1950
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
SR25057125
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Welcome to this stunning and beautifully 3-bedroom, 3-bathroom midcentury home in the highly sought-after Woodland Hills neighborhood. Situated on an 8,500 sq ft lot, this fully remodeled home offers 1,522 sq ft of living space filled with natural light. As you enter, you'll be greeted by a spacious 900 sq ft living and dining area with an open floor plan, soaring ceilings, and an abundance of windows that let in plenty of sunlight. The remodeled kitchen features a large island, double sinks, white granite countertops, tile backsplash, and ample space, making it perfect for family breakfasts. The first bedroom offers a spacious layout and a walk-in closet, while the second master bedroom includes convenient top/bottom laundry facilities, making it perfect for kids, along with a double sink full bathroom and a bathtub. The third master suite has its own laundry facilities, a mini kitchenette, and a refrigerator. The backyard is beautifully landscaped with 25-year-old Italian Cypress trees, a new subpanel, a 1,200 sq ft deck, and a 450 sq ft storage space with a concrete floor, providing endless possibilities for customization and enjoyment. The home’s exterior features a white picket fence, a concrete driveway, and fresh landscaping that enhances its curb appeal. Conveniently located just a 5-minute walk from the Golf Club, Ventura Blvd, restaurants, and more, with Malibu Beach only 20 minutes away by car. Don’t miss out on this charming home that blends modern amenities with midcentury appeal!

Nearby schools

8/10
Chaparral Elementary School
Public,•K-5•2.0mi
3/10
Hart Street Elementary School
Public,•K-5•2.4mi
6/10
Bay Laurel Elementary School
Public,•K-5•3.7mi
8/10
Round Meadow Elementary School
Public,•K-5•4.1mi
5/10
Woodland Hills Charter Academy
Public,•6-8•0.8mi
7/10
Alice C. Stelle Middle School
Public,•6-8•1.8mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.0mi
3/10
Christopher Columbus Middle School
Public,•6-8•3.6mi
7/10
Arthur E. Wright Middle School
Public,•6-8•6.5mi
4/10
Canoga Park Senior High School
Public,•9-12•2.3mi
8/10
Calabasas High School
Public,•9-12•2.4mi
4/10
Reseda Senior High School
Public,•9-12•4.1mi
Condition Rating
Excellent
Despite being built in 1950, this property has undergone a 'fully remodeled' transformation, as explicitly stated and visually confirmed by the images. The kitchen features modern white shaker cabinets, white granite countertops, subway tile backsplash, stainless steel appliances, and a large island, all appearing virtually new. Bathrooms are similarly updated with modern vanities and tiling. The home boasts consistent light wood-look flooring, recessed lighting throughout, and a new electrical subpanel. The exterior and backyard deck also show recent, high-quality improvements. These extensive and recent renovations bring the property's condition to current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated home.
Pros & Cons

Pros

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 = 8500, living area = 1522.
Extensive Remodel & Modern Amenities: This midcentury home has been fully remodeled, featuring a modern kitchen with a large island, granite countertops, and updated bathrooms, blending classic charm with contemporary living.
Flexible Living Spaces: The property offers versatile living arrangements, including a third master suite with its own laundry facilities, mini kitchenette, and refrigerator, ideal for guests, multi-generational living, or potential rental income.
Desirable Location & Accessibility: Situated in a highly sought-after Woodland Hills neighborhood, the home boasts excellent walkability to the Golf Club, Ventura Blvd, and restaurants, with Malibu Beach just a 20-minute drive away.
Spacious & Bright Interiors: The home features a spacious 900 sq ft open-plan living and dining area with soaring ceilings and abundant windows, ensuring plenty of natural light and an inviting atmosphere.
Enhanced Outdoor Living & Storage: The beautifully landscaped backyard includes a large 1,200 sq ft deck, 25-year-old Italian Cypress trees, and a 450 sq ft storage space with a concrete floor, offering ample outdoor entertainment and utility.

Cons

Significant Valuation Discrepancy: The current list price of $1,095,000 is 33% higher than the estimated property value of $724,113.98, which may indicate overpricing and could impact marketability.
Older Home Infrastructure: Despite extensive remodels, the home's original construction year of 1950 might raise concerns for some buyers regarding the age of underlying systems (e.g., plumbing, electrical beyond the new subpanel, foundation) that may not have been fully updated.
Lack of Premium Views: While the property offers a 'Neighborhood' view, it lacks the more desirable panoramic, city lights, or canyon views that are often a premium feature in the Woodland Hills area, potentially limiting its appeal to certain buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state