1800 Falling Star Avenue, Westlake Village, California 91362, Westlake Village, 91362 - 5 bed, 4 bath

1800 Falling Star Avenue, Westlake Village, California 91362 home-pic-0
ACTIVE$2,960,000
1800 Falling Star Avenue, Westlake Village, California 91362
5Beds
4Baths
3,795Sqft
20,908Lot

Price Vs. Estimate

The estimated value ($2,960,000) is $0 (0%) lower than the list price ($2,960,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Outdoor Entertainment Oasis: The newly remodeled backyard features a multi-level resort-style setup with a pool, waterfall, pergola, fire pit, hot tub, outdoor fireplace, and state-of-the-art BBQ, creating an unparalleled entertainment and relaxation space.
Top Cons:
Multiple Price Reductions: The property has undergone several significant price drops from its original listing of $3.25M to $2.96M, which may raise questions for potential buyers regarding its market value or initial overpricing.

Compared to the nearby listings

Price:$2.96M vs avg $1.36M (+$1,600,100)93%
Size:3,795 sqft vs avg 2,568 sqft83%
Price/sqft:$780 vs avg $58791%

More Insights

Built in 1987 (38 years old).
Condition: Built in 1987, this property has undergone significant recent updates, particularly a 'newly remodeled backyard oasis' and an updated kitchen/great room. The kitchen features modern white shaker cabinets, stainless steel appliances, granite countertops, and dark hardwood flooring. Bathrooms also appear updated with contemporary tiling and fixtures. While not a full, top-to-bottom renovation within the last 5 years, the visible updates to key areas, combined with overall good maintenance and move-in ready condition, align well with the 'Good' score criteria. Some older elements might remain, but the major functional and aesthetic components are well-maintained and updated.
Year Built
1987
Close
-
List price
$2.96M
Original List price
$3.25M
Price/Sqft
$780
HOA
$120
Days on market
-
Sold On
-
MLS number
225003996
Home ConditionGood
Features
Excellent View: Mountain(s), Valley, Trees/Woods
Pool
Spa
Patio
ViewMountain(s), Valley, Trees/Woods

About this home

Welcome to your private retreat in the heart of Westlake Village's exclusive North Ranch neighborhood. With sweeping mountain views and set on a large corner lot, this 5-bedroom plus separate office, 3.5-bathroom home blends luxurious comfort with the feel of a boutique hotel.Inside, expansive living spaces offer the perfect balance of warmth and sophistication. The lovely kitchen opens seamlessly into a spacious great room complete with a stylish bar and cozy fireplace--ideal for both intimate evenings and lively entertaining. Two bedrooms and two bathrooms are conveniently located on the main level, offering flexible living options for guests or multigenerational needs.Step outside to a newly remodeled backyard oasis that truly must be seen to be believed. On the upper level, enjoy a generous lounge area with a fireplace, hot tub, and state-of-the-art BBQ and counter setup--perfect for soaking in sunsets with a view. Head down to the lower level and discover your private resort, featuring a stunning pool, tranquil waterfall, pergola, fire pit, and abundant space to relax or entertain.Surrounded by nature, with incredible hiking trails just minutes away, this home offers both serenity and convenience in one of the area's most sought-after communities.

Nearby schools

6/10
Westlake Hills Elementary School
Public,K-53.0mi
4/10
Conejo Elementary School
Public,K-53.3mi
7/10
White Oak Elementary School
Public,K-53.9mi
7/10
Lindero Canyon Middle School
Public,6-82.7mi
7/10
Los Cerritos Middle School
Public,6-83.1mi
6/10
Colina Middle School
Public,6-83.7mi
10/10
Oak Park High School
Public,9-121.7mi
8/10
Westlake High School
Public,9-123.1mi
7/10
Agoura High School
Public,9-123.8mi
Condition Rating
Good

Built in 1987, this property has undergone significant recent updates, particularly a 'newly remodeled backyard oasis' and an updated kitchen/great room. The kitchen features modern white shaker cabinets, stainless steel appliances, granite countertops, and dark hardwood flooring. Bathrooms also appear updated with contemporary tiling and fixtures. While not a full, top-to-bottom renovation within the last 5 years, the visible updates to key areas, combined with overall good maintenance and move-in ready condition, align well with the 'Good' score criteria. Some older elements might remain, but the major functional and aesthetic components are well-maintained and updated.
Pros & Cons

Pros

Exceptional Outdoor Entertainment Oasis: The newly remodeled backyard features a multi-level resort-style setup with a pool, waterfall, pergola, fire pit, hot tub, outdoor fireplace, and state-of-the-art BBQ, creating an unparalleled entertainment and relaxation space.
Prime Location with Panoramic Views: Situated on a large corner lot in Westlake Village's exclusive North Ranch, offering sweeping mountain, valley, and tree views, with direct access to hiking trails.
Spacious and Flexible Floor Plan: A generous 3,795 sqft layout with 5 bedrooms plus a separate office, including two bedrooms and two bathrooms on the main level, ideal for multi-generational living or guest accommodations.
Modernized Open Concept Living: The kitchen seamlessly integrates with a spacious great room, featuring a stylish bar and cozy fireplace, perfect for both intimate gatherings and lively entertaining.
Desirable North Ranch Community: Located in a highly sought-after, private retreat-like neighborhood known for its natural beauty and convenience, enhancing long-term appeal.

Cons

Multiple Price Reductions: The property has undergone several significant price drops from its original listing of $3.25M to $2.96M, which may raise questions for potential buyers regarding its market value or initial overpricing.
Listing Price Exceeds Estimated Value: The current list price of $2.96M is still above the estimated property value of approximately $2.87M, potentially indicating it remains slightly overvalued by market metrics.
Potential for Further Updates in Older Sections: Built in 1987, while key areas like the backyard and kitchen/great room are updated, the description does not specify updates for all bathrooms or major systems, which could imply future renovation costs for a discerning buyer.

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