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351 Upper Lake Road, Westlake Village, California 91361, Westlake Village, 91361 - 4 bed, 3 bath

351 Upper Lake Road, Westlake Village, California 91361 home-pic-0
ACTIVE$3,430,000
351 Upper Lake Road, Westlake Village, California 91361
4Beds
3Baths
3,073Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($3,408,597.96) is $21,402.04 (0%) lower than the list price ($3,430,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Westlake Elementary School (9/10).
Top Cons:
Age of Property & Renovation Needs: Built in 1941, the home, despite some kitchen updates, is presented as having 'upside potential' and needing buyers to 'bring your own taste,' suggesting significant updates or renovations may be required to fully modernize it to contemporary luxury standards.

Compared to the nearby listings

Price:$3.43M vs avg $1.84M (+$1,591,000)91%
Size:3,073 sqft vs avg 2,782 sqft64%
Price/sqft:$1.1K vs avg $66692%

More Insights

Built in 1941 (84 years old).
Condition: Built in 1941, this property is well-maintained with desirable features like a lakefront location and outdoor amenities. The kitchen has stainless steel appliances and a Wolf range, but the cabinetry and countertop style appear dated, suggesting a cosmetic update rather than a full modern renovation. The listing itself notes 'upside potential' and the need for buyers to 'bring your own taste,' indicating that significant updates are required to modernize the home to contemporary luxury standards. While functional, many components show signs of being outdated.
Year Built
1941
Close
-
List price
$3.43M
Original List price
$3.79M
Price/Sqft
$1,116
HOA
$1,800
Days on market
-
Sold On
-
MLS number
25553131
Home ConditionFair
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s), Panoramic, Water
Deck
Spa
Patio
ViewPark/Greenbelt, Lake, Mountain(s), Panoramic, Water

About this home

Here's Your Chance to acquire a premiere Lake Property that you can make your own! Incredible Opportunity! Upside Potential! The View is Perfection! Completely unobstructed like a postcard! This Unique and stylish residence is situated within the Main Gates of The Exclusive Guard-Gated Lake Sherwood Community, one of only 19 homes within the gates "on the lake," in the Southshore original community it also includes its own private dock. The home provides breathtaking views from every level, 4 bedrooms, and a bonus room. Just over 3000 square feet with multiple outdoor patio areas and a terraced deck featuring two outdoor fireplaces. The kitchen is equipped with stainless steel appliances, a Wolf range, and center island a breakfast bar. Enhancing lake lifestyle, the property boasts outdoor prep kitchen, a gourmet-fired pizza oven, a gas grill, a spa, a custom waterfall, and a spacious lawn. The entire lower-level functions as a large primary suite and spa like bath overlooking the beautiful tranquil lake. Located within the main gates of the exclusive Sherwood Country Club which offers a World Class, Championship Golf course, Tennis Courts, Pool, fitness amenities, dining and more! Live the vacation year-round lifestyle! Kayaks, boats fishing, Dining and more! Blue Ribbon schools nearby both public and private. Tons of upside potential for this home with expansive lot, with dock bring your own taste and create YOUR dream come true!

Nearby schools

9/10
Westlake Elementary School
Public,•K-5•1.1mi
7/10
White Oak Elementary School
Public,•K-5•3.2mi
6/10
Colina Middle School
Public,•6-8•3.4mi
7/10
Lindero Canyon Middle School
Public,•6-8•5.0mi
8/10
Westlake High School
Public,•9-12•3.3mi
7/10
Agoura High School
Public,•9-12•6.9mi
Condition Rating
Fair
Built in 1941, this property is well-maintained with desirable features like a lakefront location and outdoor amenities. The kitchen has stainless steel appliances and a Wolf range, but the cabinetry and countertop style appear dated, suggesting a cosmetic update rather than a full modern renovation. The listing itself notes 'upside potential' and the need for buyers to 'bring your own taste,' indicating that significant updates are required to modernize the home to contemporary luxury standards. While functional, many components show signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Westlake Elementary School (9/10).
Exclusive Lakefront Location & Private Dock: The property is one of only 19 homes directly 'on the lake' within the exclusive Guard-Gated Lake Sherwood Community, offering unparalleled direct lake access and a private dock.
Breathtaking Unobstructed Lake Views: Boasting 'perfection' in views, the residence provides completely unobstructed, postcard-like lake views from every level, significantly enhancing its appeal and value.
Resort-Style Outdoor Living & Amenities: Extensive outdoor features include multiple patio areas, a terraced deck with two outdoor fireplaces, an outdoor prep kitchen, gourmet pizza oven, gas grill, spa, custom waterfall, and a spacious lawn, ideal for entertaining and relaxation.
Access to World-Class Community Amenities: Located within the main gates of the exclusive Sherwood Country Club, residents benefit from access to a championship golf course, tennis courts, pool, fitness amenities, and dining, promoting a luxurious lifestyle.
Significant Upside Potential & Customization Opportunity: The listing explicitly highlights 'Tons of upside potential' and the chance for buyers to 'make your own' and 'create YOUR dream come true,' appealing to those seeking to personalize a high-value asset.

Cons

Age of Property & Renovation Needs: Built in 1941, the home, despite some kitchen updates, is presented as having 'upside potential' and needing buyers to 'bring your own taste,' suggesting significant updates or renovations may be required to fully modernize it to contemporary luxury standards.
High Association Fees: The property carries a substantial association fee of $1800.0 (likely monthly given the community type), which represents a significant ongoing cost for potential buyers.
Price Reduction History: The property has undergone multiple price reductions, from an original list price of $3.78M to the current $3.43M, which may indicate initial overpricing or challenges in attracting buyers at its perceived market value.

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