2882 Rainfield Avenue, Westlake Village, California 91362, Westlake Village, 91362 - 5 bed, 6 bath

2882 Rainfield Avenue, Westlake Village, California 91362 home-pic-0
ACTIVE$2,995,000
2882 Rainfield Avenue, Westlake Village, California 91362
5Beds
6Baths
5,718Sqft
25,700Lot

Price Vs. Estimate

The estimated value ($2,995,000) is $0 (0%) lower than the list price ($2,995,000). 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 = 25700, living area = 5718.
Top Cons:
Association Fees: The property is subject to an association fee of $275.00, which adds to the monthly carrying costs for the homeowner.

Compared to the nearby listings

Price:$3.00M vs avg $1.36M (+$1,635,100)93%
Size:5,718 sqft vs avg 2,568 sqft95%
Price/sqft:$524 vs avg $58531%

More Insights

Built in 2001 (24 years old).
Condition: Built in 2001, this property is 23 years old. While not newly built, the description highlights a 'remodeled spa-style bath' and a 'chef's kitchen with premium appliances and custom finishes.' The images confirm a luxurious, updated primary bathroom with modern fixtures and a freestanding tub, suggesting a recent renovation (likely within the last 5-15 years). The kitchen features high-end stainless steel appliances and custom cabinetry, appearing well-maintained and functional, though the cabinet style leans traditional. Other areas of the home, including flooring (hardwood, tile, carpet) and general decor, are in excellent condition, showing minimal wear and tear. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' score criteria for a home extensively renovated within the last 5-15 years.
Year Built
2001
Close
-
List price
$3M
Original List price
$3.21M
Price/Sqft
$524
HOA
$275
Days on market
-
Sold On
-
MLS number
25590619
Home ConditionGood
Features
Good View: City Lights, Courtyard, Hills, Pool
Pool
Patio
ViewCity Lights,Courtyard,Hills,Pool

About this home

Step into charming Tuscany-inspired resort living with this 5,870 sq ft two-story estate, gracefully set on a 25,700 sq ft gated Signature Collection, designed for seamless entertaining, everyday comfort, and future growth. This 5-bedroom, 6-bath retreat offers gorgeous canyon/hills views, secured parking for 5+ vehicles, and unmatched privacy in one of Westlake Village's most desirable pockets. Inside, soaring ceilings and expansive windows flood the home with natural light, creating a warm yet refined ambiance. The open-concept design on the first floor flows seamlessly from elegant formal living and dining rooms into an oversized family room ideal for gatherings of any size. A beautiful chef's kitchen with premium appliances and custom finishes makes entertaining effortless. Also on the first floor is a dedicated home office with an en-suite bath, custom cabinetry, and a private entrance perfect for use as a guest suite. The upper level is anchored by a stunning primary suite, complete with two fireplaces, a remodeled spa-style bath, and total seclusion. Two additional en-suite bedrooms upstairs offer comfort for family or guests, Outdoor living is equally captivating, featuring two distinct backyard retreats: one with a Tuscany-style fountain, grapevine greenery, and serene seating areas; the other with a sparkling pool and waterfall, built-in BBQ, lounge with fireplace, and sweeping mountain views. This exceptional estate blends timeless Tuscan charm with modern luxury, offering both connection and retreat while delivering lifestyle, privacy, and long-term value.

Condition Rating
Good

Built in 2001, this property is 23 years old. While not newly built, the description highlights a 'remodeled spa-style bath' and a 'chef's kitchen with premium appliances and custom finishes.' The images confirm a luxurious, updated primary bathroom with modern fixtures and a freestanding tub, suggesting a recent renovation (likely within the last 5-15 years). The kitchen features high-end stainless steel appliances and custom cabinetry, appearing well-maintained and functional, though the cabinet style leans traditional. Other areas of the home, including flooring (hardwood, tile, carpet) and general decor, are in excellent condition, showing minimal wear and tear. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' score criteria for a home extensively renovated within the last 5-15 years.
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 = 25700, living area = 5718.
Expansive & Luxurious Living Space: This 5,718 sq ft estate with 5 bedrooms and 6 baths offers generous living areas, soaring ceilings, expansive windows, and an open-concept design, providing ample room for comfort and entertaining.
Exceptional Outdoor Amenities & Privacy: Set on a large 25,700 sq ft gated lot, the property boasts two distinct backyard retreats, including a sparkling pool with waterfall, built-in BBQ, outdoor lounge with fireplace, Tuscany-style fountain, and grapevine greenery, all ensuring unmatched privacy.
High-End Chef's Kitchen & Versatile Spaces: Features a beautiful chef's kitchen with premium appliances and custom finishes, complemented by a dedicated home office with an en-suite bath and private entrance, ideal for professional use or as a guest suite.
Scenic Views & Desirable Location: The property offers gorgeous canyon/hills views and sweeping mountain views, situated in one of Westlake Village's most desirable pockets, enhancing lifestyle and long-term value.
Ample & Secured Parking: Provides secured parking for 5+ vehicles, a significant advantage for multi-car households or when hosting guests.

Cons

Association Fees: The property is subject to an association fee of $275.00, which adds to the monthly carrying costs for the homeowner.
High Maintenance Demands: The expansive 25,700 sq ft lot with extensive landscaping, a pool, and multiple outdoor features (fountain, BBQ, fireplace) suggests significant ongoing maintenance requirements and associated costs.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $3.21M to $2.995M, which could indicate a longer time on market or initial overpricing, potentially affecting buyer perception.

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