931 Vista Ridge Lane, Westlake Village, California 91362, Westlake Village, 91362 - 4 bed, 5 bath

931 Vista Ridge Lane, Westlake Village, California 91362 home-pic-0
ACTIVE$4,999,950
931 Vista Ridge Lane, Westlake Village, California 91362
4Beds
5Baths
5,583Sqft
48,787Lot

Price Vs. Estimate

The estimated value ($3,855,962.72) is $1,143,987.28 (22%) lower than the list price ($4,999,950). 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 = 48787, living area = 5583.
Top Cons:
Significant Price Discrepancy: The current list price is considerably higher than the estimated property value, suggesting a potential overvaluation or a need for strong justification for the premium.

Compared to the nearby listings

Price:$5.00M vs avg $1.36M (+$3,642,500)98%
Size:5,583 sqft vs avg 2,568 sqft95%
Price/sqft:$896 vs avg $58697%

More Insights

Built in 1998 (27 years old).
Condition: The property was built in 1998, placing it within the 10-20 year range for a 'good' rating. The description highlights recent updates such as 'new carpet, fresh paint, new lighting, newly remodeled garage, and new landscape,' indicating good maintenance and some modernization. The kitchen, while spacious with a center island, appears to have appliances and finishes (e.g., dark wood cabinets, older style range hood, tile countertops) that are well-maintained but not fully contemporary or 'newly renovated' to current standards, suggesting they are original or from an earlier renovation. The bathrooms also show a similar style, functional and well-kept but not cutting-edge. The mention of 'CURRENT plans and a permit is pulled for an additional renovation if desired' further supports that while the property is move-in ready and well-maintained, it hasn't undergone a full recent renovation that would qualify it as 'excellent'.
Year Built
1998
Close
-
List price
$5M
Original List price
$5.5M
Price/Sqft
$896
HOA
$2,950
Days on market
-
Sold On
-
MLS number
225001301
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Deck
Pool
Spa
ViewMountain(s), Panoramic

About this home

Extremely rare SINGLE STORY Mediterranean with a premier location in guard gated North Ranch Country Club Estates! Explosive unobstructed panoramic views and total privacy! Interior features include a grand two story entry, center island kitchen with large breakfast room, step down formal living room with an attached wood paneled library and a true formal dining room with fireplace, butlers pantry and temperature controlled wine closet. The tremendous ''great room'' boasts a wet bar, coffered ceilings and a fireplace. There is terrific primary suite with two walk in closets and a large bathroom with sauna. The epic backyard boasts an oversized full length covered veranda, infinity pool and spa, outdoor fireplace and low maintenance landscape all with magnificent views! Other amenities include new carpet, fresh paint, new lighting, newly remodeled garage, new landscape and more. There are CURRENT plans and a permit is pulled for an additional renovation if desired. VERY rare to find a single story view home in guard gated North Ranch Country Club Estates!

Nearby schools

6/10
Westlake Hills Elementary School
Public,K-51.2mi
4/10
Conejo Elementary School
Public,K-51.9mi
7/10
White Oak Elementary School
Public,K-52.4mi
7/10
Lindero Canyon Middle School
Public,6-82.0mi
6/10
Colina Middle School
Public,6-82.4mi
7/10
Los Cerritos Middle School
Public,6-82.7mi
8/10
Westlake High School
Public,9-121.4mi
10/10
Oak Park High School
Public,9-122.6mi
7/10
Agoura High School
Public,9-123.9mi
Condition Rating
Good

The property was built in 1998, placing it within the 10-20 year range for a 'good' rating. The description highlights recent updates such as 'new carpet, fresh paint, new lighting, newly remodeled garage, and new landscape,' indicating good maintenance and some modernization. The kitchen, while spacious with a center island, appears to have appliances and finishes (e.g., dark wood cabinets, older style range hood, tile countertops) that are well-maintained but not fully contemporary or 'newly renovated' to current standards, suggesting they are original or from an earlier renovation. The bathrooms also show a similar style, functional and well-kept but not cutting-edge. The mention of 'CURRENT plans and a permit is pulled for an additional renovation if desired' further supports that while the property is move-in ready and well-maintained, it hasn't undergone a full recent renovation that would qualify it as 'excellent'.
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 = 48787, living area = 5583.
Great Schools: High School: Oak Park High School (10/10).
Premier Location & Gated Community: Situated in the highly exclusive guard-gated North Ranch Country Club Estates, offering security, prestige, and a desirable neighborhood.
Unobstructed Panoramic Views & Privacy: Boasts explosive, unobstructed panoramic views and total privacy, a significant and highly sought-after feature that enhances lifestyle and value.
Rare Single-Story Design: An extremely rare single-story Mediterranean home in this prestigious area, appealing to a wide range of buyers seeking convenience and accessibility.
Luxurious Outdoor Oasis: The epic backyard features an infinity pool and spa, an outdoor fireplace, an oversized covered veranda, and low-maintenance landscaping, all complemented by magnificent views, ideal for entertaining.
Extensive Interior Amenities & Recent Updates: Includes a grand two-story entry, center island kitchen, wood-paneled library, temperature-controlled wine closet, wet bar, sauna, and recent updates like new carpet, fresh paint, new lighting, and a remodeled garage.

Cons

Significant Price Discrepancy: The current list price is considerably higher than the estimated property value, suggesting a potential overvaluation or a need for strong justification for the premium.
Potential for Additional Renovation Costs/Disruption: While current plans and a permit are pulled for an additional renovation, this implies potential future construction, disruption, and added costs for a buyer, which may not appeal to those seeking a fully completed home.
Age of Core Systems: Built in 1998, and while cosmetic updates are noted, the description does not specify updates to major systems (e.g., HVAC, plumbing, electrical), which could be original and nearing the end of their expected lifespan, potentially leading to future maintenance or replacement costs.

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