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5419 Via Olas, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 4 bath

5419 Via Olas, Newbury Park, California 91320 home-pic-0
ACTIVE$2,595,000
5419 Via Olas, Newbury Park, California 91320
4Beds
4Baths
3,883Sqft
39,247Lot
Year Built
2002
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
$668
HOA
$149
Days on market
-
Sold On
-
MLS number
225002864
Home ConditionExcellent
Features
Good View:
Pool
Patio
View

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.60M(95th), sqft - 3883(92th), beds - 4(50th), baths - 4(85th).

Rarely available. Palermo's highly desirable one story courtyard model is now available. Located behind gates, this property is situated on just under a private acre, with hilltop views, and complete privacy.. Enter to gorgeous floors and custom paints. The sprawling open floor plan wraps around a private outdoor courtyard, that is perfect for entertaining or relaxing. The Chef's Kitchen features high-end Dacor and Miele appliances. and stunning quartz waterfall countertops. There is also a full-size wine refrigerator. The sophisticated three-sided fireplace connects to the Family Room The main house has 4 bedrooms, and 3.5 bathrooms. Step outside! The pool sparkles to cool you on a warm summer day. The casita welcomes guests with a cozy fireplace, a kitchenette and a full bathroom. Palermo is a desirable destination behind gates and set amidst miles of hiking and biking trails. Also close by is The Village, Dos Vientos Community Center and ballfields, numerous parks, and Sycamore Canyon K-8 School. This is a rare opportunity in a highly desirable community. Not to be missed!

Condition Rating
Excellent
Built in 2002, this property has clearly undergone extensive and high-quality renovations, particularly evident in the 'Chef's Kitchen' with its high-end Dacor and Miele appliances, stunning quartz waterfall countertops, and modern white cabinetry. The 'gorgeous floors and custom paints' throughout the main living areas, as well as the contemporary light fixtures and overall pristine condition shown in the images, suggest a recent and comprehensive update. The property presents as virtually new in its key living spaces, meeting current quality standards with no visible deferred maintenance.
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 = 39247, living area = 3883.
Exclusive Gated Community & Desirable Location: Located within the highly desirable, gated Palermo community, offering proximity to hiking/biking trails, The Village, community center, parks, and a K-8 school.
Expansive Private Lot with Views: Situated on just under a private acre, providing complete privacy and hilltop views, a rare find in the area.
Luxurious Chef's Kitchen: Features a high-end Chef's Kitchen equipped with Dacor and Miele appliances, stunning quartz waterfall countertops, and a full-size wine refrigerator.
Versatile Guest Casita: Includes a separate casita with a cozy fireplace, kitchenette, and full bathroom, ideal for guests or multi-generational living.
Unique One-Story Courtyard Model: A highly desirable one-story courtyard model with a sprawling open floor plan that wraps around a private outdoor courtyard, perfect for entertaining or relaxing.

Cons

Absence of Central Cooling System: The description mentions the pool for cooling on warm days, suggesting the property may lack a central air conditioning system, which could be a drawback in warmer months.
Potential for Age-Related Updates: Built in 2002, while the kitchen is remodeled, other areas or systems of the 22-year-old property may require updates or maintenance in the near future.
High Maintenance for Large Lot & Pool: The nearly one-acre lot, private courtyard, and pool imply significant ongoing landscaping and pool maintenance costs and effort for the homeowner.

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