5645 Tanner Ridge Avenue, Westlake Village, California 91362, Westlake Village, 91362 - 3 bed, 3 bath
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5645 Tanner Ridge Avenue
Westlake Village, California 91362
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,267Sq Ft
2,267Lot Size
Property Price
LIST PRICE$900,000
EST. MARKET VALUE
$999,999
9% BelowMARKET VALUE
SUMMARY
This Move-In Ready Townhouse is a Strong Value Opportunity, listed at $999,999—positioned well below the $1,047,179 Fair Market Value by 4%. This valuation gap offers $47,180 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, new wood-like flooring, and serene Hills views. Located in the prestigious North Ranch community with access to Top-Rated Schools like Oak Park High (10/10), this property is ideal for Owner-Occupants or first-time buyers seeking a premium lifestyle.
Estimated Market Value
$999,999+$99,999 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Westlake Village.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5645 Tanner Ridge Avenue Subject 3 bd · 3 ba · 2,267 sqft · $441 | $900,000* List Price | 3 | 3 | 2,267 | $441 | - |
A 984 Cedarcliff Court Sold 3 bd · 3 ba · 2,267 sqft · $501 · 0.2 mi | $1,135,000 | 3 | 3 | 2,267 | $501 | 0.2 mi |
B 5612 Glenhaven Circle Sold 2 bd · 3 ba · 1,949 sqft · $451 · 0.1 mi | $879,000 | 2 | 3 | 1,949 | $451 | 0.1 mi |
C 843 Sunstone Street Sold 2 bd · 3 ba · 2,057 sqft · $508 · 0.1 mi | $1,045,000 | 2 | 3 | 2,057 | $508 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1987, the property has been well-maintained and partially updated. It features brand new wood-like flooring on the second level and a renovated kitchen with granite countertops and stainless steel appliances (approx. 5-15 years old). While the bathroom tile remains dated, the home is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Oak Park High School (10/10).
- Prime North Ranch Location
Situated in the prestigious North Ranch community, this home offers exceptional privacy with mature trees and serene mountain views from the master suite balcony.
- Spacious & Upgraded Interior
Boasting over 2,200 sq. ft. with no carpet, the home features new wood-like flooring, granite kitchen countertops, and a bright layout enhanced by a hallway skylight.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2267, other record lot size in square feet = 1311.
- Recently Sold Property
The property was recently sold within the past year on 2026-05-29. The sold price is $560,000.00.
- High Monthly HOA Dues
The association fee of $771.60 is relatively high, which increases the monthly carrying cost and may impact the overall affordability for some buyers.
About 5645 Tanner Ridge Avenue
This exquisite Braemar 3-bedroom and den 2.5 bath townhome is located in the beautiful North Ranch community of Westlake Village. The backyard is surrounded by beautiful, mature trees and provides privacy produced by being surrounded by nature. Also, the second floor has French doors in the very spacious master bedroom that leads out to a balcony in front of the home with a treetop and mountain view setting perfect to enjoy a drink and soak in the serenity of beautiful North Ranch. The master bath has a double vanity, separate bathtub and separate shower stall and huge walk-in closet adjacent to the bathroom.New natural wood like floors installed throughout the entire second floor. including the stairway. Tile floors throughout the first floor. (no carpet anywhere in the home).Spacious bedrooms are all upstairs. Nice skylight upstairs in the hallway emitting lots of natural light. The spacious living room has an inviting fireplace overlooking the serene backyard/patio area. Next to the living room is a formal dining room. The kitchen has granite counters with granite backsplash. Two ovens as well as a breakfast nook. Separate laundry area including a stainless-steel sink. Community pool and spa included.Beautiful park, hiking and biking trails nearby. Pavillions supermarket and restaurants all nearby as well. This home offers everything you are looking for in North Ranch. Don't miss out on this opportunity!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1987
- Lot Size
- 2,267 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $771.6 / Month
Neighborhood Insights
Westlake Village Unified Schools
Westlake Hills Elementary School
Grades K-5 • 2.3 mi
6/10
White Oak Elementary School
Grades K-5 • 2.7 mi
7/10
Conejo Elementary School
Grades K-5 • 3.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 2.4 |
| Square foot | 2,267 | 1,817.87 |
| Lot Size | 2,267 | 3,606.622 |
| Price | $900.0K | $975.1K |
| Price per sq ft | $397 | $548 |
| Built year | 1987 | 1981 |
| HOA | $771.6 | $681 |
| Days on market | 22 | 56 |
Pricing History
Listed for Sale
Oct 21, 2026
$900,000
$925,000
-3% Price Drop
Initial Listing
Price Change
Oct 16, 2026
$925,000
$950,000
-3% Price Drop
Initial Listing
Price Change
Oct 9, 2026
$950,000
$999,999
-5% Price Drop
Initial Listing
Price Change
Oct 2, 2026
$999,999
Initial Listing
Sold
May 29, 2026
$560,000
Public Record
Sold
Apr 8, 2011
$366,000
Public Record
Sold
Mar 25, 2004
$615,000
Public Record
Sold
Feb 4, 2000
$300,000
Public Record
Sold
Sep 17, 1997
$273,500
Public Record