930 Ravensbury Street, Lake Sherwood, California 91361, Lake Sherwood, 91361 - 4 bed, 4 bath
ACTIVE$2,399,999
930 Ravensbury Street, Lake Sherwood, California 91361
4Beds
4Baths
3,887Sqft
14,810Lot
Price Vs. Estimate
The estimated value ($1,928,094.07) is $471,904.93 (19%) lower than the list price ($2,399,999). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Westlake Elementary School (9/10).
Top Cons:
Significant Overpricing: The current listing price is 19% higher than the estimated property value, suggesting it may be overpriced relative to market comparables and could face buyer resistance.
Compared to the nearby listings
Price:$2.40M vs avg $1.84M (+$562,999)73%
Size:3,887 sqft vs avg 2,787.5 sqft82%
Price/sqft:$617 vs avg $66434%
More Insights
Built in 1994 (31 years old).
Condition: The property was built in 1994, making it 30 years old. The listing description does not mention any recent renovations or updates to the interior, specifically the kitchen or bathrooms. Crucially, there are no interior images provided, which strongly suggests that these key areas are likely original or have not been updated to modern standards. The property analysis also notes a 'Potential for Updates' due to its age. While the home is likely maintained, the lack of modern features and the age of the property indicate it would require minor to moderate updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
Year Built
1994
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$617
HOA
$925
Days on market
-
Sold On
-
MLS number
SB25096816
Home ConditionFair
Features
Good View: Lake
Deck
ViewLake
About this home
A rare opportunity to get into the desirable and private Lake Sherwood community! Located at the end of a cul-de-sac, the property boasts scenic lake views from multiple rooms, spacious and open family and living rooms flooded with natural light, and a luxurious master suite. An upstairs sitting area can be used as a home office or an extra lounge area. The downstairs bedrooms and baths provide a quiet sanctuary away from the main living area. The wrap-around deck provides more gorgeous lake views. With plenty of storage space, a dedicated laundry area, and three-car garage, this home artfully combines beauty with utility. Make this private oasis your forever home!
Nearby schools
9/10
Westlake Elementary School
Public,•K-5•0.6mi
6/10
Colina Middle School
Public,•6-8•2.9mi
8/10
Westlake High School
Public,•9-12•2.8mi
Condition Rating
Fair
The property was built in 1994, making it 30 years old. The listing description does not mention any recent renovations or updates to the interior, specifically the kitchen or bathrooms. Crucially, there are no interior images provided, which strongly suggests that these key areas are likely original or have not been updated to modern standards. The property analysis also notes a 'Potential for Updates' due to its age. While the home is likely maintained, the lack of modern features and the age of the property indicate it would require minor to moderate updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Westlake Elementary School (9/10).
Prime Location & Privacy: Situated in the desirable and private Lake Sherwood community, at the end of a cul-de-sac, offering enhanced privacy and exclusivity.
Exceptional Lake Views: Boasts scenic lake views from multiple rooms and a wrap-around deck, providing a significant aesthetic and lifestyle advantage.
Spacious & Functional Layout: Features spacious and open family/living rooms with abundant natural light, a luxurious master suite, and a versatile upstairs sitting area ideal for a home office or lounge. The downstairs bedrooms offer a quiet sanctuary.
Ample Utility & Storage: Includes plenty of storage space, a dedicated laundry area, and a three-car garage, combining practicality with comfortable living.
Generous Lot Size: With a lot size of 14,810 sqft, the property offers substantial outdoor space for potential landscaping, entertaining, or future enhancements.
Cons
Significant Overpricing: The current listing price is 19% higher than the estimated property value, suggesting it may be overpriced relative to market comparables and could face buyer resistance.
Potential for Updates: Built in 1994, the property's age suggests it may require updates to interior finishes and systems to align with modern buyer expectations and compete with newer or recently renovated homes in the area.
High Association Fees: The monthly association fee of $925 is substantial and represents a significant ongoing cost that could impact buyer affordability and overall property value perception.