708 Ravensbury Street, Westlake Village, California 91361, Westlake Village, 91361 - 4 bed, 4 bath
708 Ravensbury Street
Westlake Village, California 91361
Property Price
SUMMARY
Analysis of 708 Ravensbury Street, Westlake Village, California 91361 reveals a property with a current list price of $3,499,950, which is 3% above the estimated $3,392,007 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Westlake Village Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 708 Ravensbury Street Subject | $3,499,950* List Price | 4 | 4 | 3,887 | $873 | - |
A 1766 Stanhope Court Sold | $2,700,000 | 5 | 4 | 3,561 | $758 | 0.5 mi |
B 184 Halsbury Court Sold | $2,730,000 | 5 | 4 | 3,561 | $767 | 0.6 mi |
C 351 Upper Lake Road Active | $3,333,000 List Price | 4 | 3 | 3,073 | $1,085 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1994, the property has undergone extensive high-end renovations within the last 5 years, bringing it to current luxury standards. The kitchen is modernized with a center island and premium appliances, and the bathrooms feature contemporary fixtures and finishes. The exterior is a highlight, featuring a recently updated resort-style infinity pool, fire bowls, and a sunken outdoor kitchen. The overall condition shows no deferred maintenance with high-quality flooring and lighting throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Westlake Elementary School (9/10).
- Exceptional Panoramic Views
The property features breathtaking, unobstructed views of Lake Sherwood and the surrounding mountains from almost every vantage point, significantly increasing its luxury appeal.
- Resort-Style Outdoor Amenities
The grounds offer a premier entertainment experience with an infinity pool, swim-up bar, sunken outdoor kitchen, fire bowls, and a heated covered patio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3887, other record living area = 2575.
- Tri-Level Floor Plan
The three-story layout may pose a challenge for buyers seeking single-level living or those with mobility concerns, as it requires navigating multiple flights of stairs.
- High Carrying Costs
In addition to the multi-million dollar price point, the property carries a substantial monthly association fee of $761, which may impact the total cost of ownership for some buyers.
About 708 Ravensbury Street
Extraordinary view estate in the exclusive gated community, North Shore of Lake Sherwood. Jaw dropping panoramic lake and mountain views from everywhere! Features of this tri level traditional include 4 bedrooms, 3.5 baths, designated office and more. The upper level provides a large loft/gym and a sensational primary with cathedral ceilings, fireplace and panoramic views! The main level is the heart of the house with a center island kitchen, formal dining room w/fireplace, office/library and a wonderful family room that opens to a large covered deck and some of the best views Thousand Oaks has to offer. On the lower level there are three bedrooms and two baths. One of the bedrooms is currently used as a bonus/game room. The grounds are second to none! The infinity pool is flanked with fire bowls and enjoys a swim up bar to the sunken outdoor kitchen! There is also a large covered patio with heaters, waterfall koi pond and an abundance of patio space to enjoy the dramatic views from every angle! An absolute show stopper!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $761.0 / Month
Neighborhood Insights
Westlake Village Unified Schools
Westlake Elementary School
Grades K-5 • 0.8 mi
Colina Middle School
Grades 6-8 • 2.9 mi
Westlake High School
Grades 9-12 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,887 | 2,808 | 80% |
| Lot Size | 10,454 | 10,018 | 52% |
| Price | $3.50M | $2.00M | 89% |
| Price per sq ft | $900 | $702 | 80% |
| Built year | 1994 | 1978 | 74% |
| HOA | $761.0 | $270 | 79% |
| Days on market | 8 | 171 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$3,499,950
$3,750,000
-7% Price Drop
Initial Listing
Price Change
Feb 26, 2026
$3,750,000
Initial Listing
Sold
Apr 9, 2021
$2,750,000
Public Record
Sold
Apr 6, 2016
$1,995,000
Public Record
Sold
Aug 15, 2013
$1,595,000
Public Record
Sold
Mar 28, 2001
$1,295,000
Public Record