5117 Lubao Avenue, Woodland Hills, California 91364, Woodland Hills, 91364 - 3 bed, 3 bath

5117 Lubao Avenue, Woodland Hills, California 91364 home-pic-0
ACTIVE$1,999,000
5117 Lubao Avenue, Woodland Hills, California 91364
3Beds
3Baths
2,295Sqft
20,581Lot
Year Built
1964
Close
-
List price
$2M
Original List price
$2.1M
Price/Sqft
$871
HOA
-
Days on market
-
Sold On
-
MLS number
25605813
Home ConditionGood
Features
Good View:
Deck
Pool
Patio
View

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.00M(81th), sqft - 2295(50th), beds - 3(45th), baths - 3(50th).

Step into this Woodland Hills sanctuary, a beautifully updated single-story home tucked away on a quiet street south of the boulevard. Set behind a private,180-foot gated driveway, this 3BD/2.5BA home blends comfort and style with treetop views, a resort-inspired pool, and effortless indoor-outdoor living. Inside, engineered hardwood floors and a stone-accented fireplace set a welcoming tone in the light-filled living room, where glass doors open to a view deck, perfect for morning coffee or sunset entertaining. A chic powder bath sits just off the entryway for guests. The open-concept kitchen features premium Thermador appliances, an island, and abundant cabinetry and counter space. The kitchen seamlessly connects to the family area, complete with its own gas fireplace, and to the formal dining room, where beamed ceilings and expansive windows frame the surrounding greenery. Offering a peaceful retreat, the spacious primary includes dual closets, a split A/C system, direct backyard access, and a luxurious ensuite bath with a dual vanity and step-in shower. Down the hall, two additional bedrooms share a beautifully appointed bath with generous counter space and shower-tub combo. Outdoor living shines here. Host unforgettable gatherings by the resort-style saltwater pool, equipped with brand new systems, or dining al fresco under the stars. Hillside vistas create a private oasis framed by lush landscaping. Ideally located near Wilbur Charter Elementary, scenic trails, and shops and restaurants along Ventura Boulevard, this home delivers the perfect blend of sophistication, seclusion, and everyday ease.

Nearby schools

3/10
Hart Street Elementary School
Public,K-52.7mi
8/10
Chaparral Elementary School
Public,K-53.3mi
6/10
Bay Laurel Elementary School
Public,K-55.1mi
8/10
Round Meadow Elementary School
Public,K-55.7mi
5/10
Woodland Hills Charter Academy
Public,6-81.1mi
6/10
Gaspar De Portola Middle School
Public,6-81.5mi
7/10
Alice C. Stelle Middle School
Public,6-83.1mi
3/10
Christopher Columbus Middle School
Public,6-84.2mi
7/10
Arthur E. Wright Middle School
Public,6-88.0mi
4/10
Reseda Senior High School
Public,9-122.8mi
4/10
Canoga Park Senior High School
Public,9-123.1mi
8/10
Calabasas High School
Public,9-123.7mi

Price History

Date
Event
Price
11/14/25
Price Change
$1,999,000-4.6%
10/15/25
Listing
$2,095,000
Condition Rating
Good

This property presents as move-in ready with extensive, high-quality cosmetic renovations throughout. The kitchen features premium Thermador appliances, modern cabinetry, and countertops, while both bathrooms boast contemporary fixtures, vanities, and tiling. Engineered hardwood floors are present throughout, and the outdoor areas, including the pool, appear well-maintained and updated. However, despite the significant updates, the home was built in 1964, and the listing explicitly mentions a 'limited cooling system' with a split A/C only in the primary bedroom, indicating that the entire home does not have central air conditioning. This, along with the potential for other major systems (plumbing, electrical, roof) to be older, prevents an 'Excellent' rating, placing it firmly in the 'Good' category.
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 = 20581, living area = 2295.
Exceptional Privacy & Location: Tucked away on a quiet street south of the boulevard with a private, 180-foot gated driveway, offering both seclusion and convenient access to local amenities and a highly-rated elementary school.
Modern & Updated Interior: Features engineered hardwood floors, a stone-accented fireplace, an open-concept kitchen with premium Thermador appliances, and a chic powder bath, reflecting significant recent updates.
Resort-Style Outdoor Living: Boasts a newly updated saltwater pool and lush landscaping, creating a private oasis perfect for entertaining and seamless indoor-outdoor living.
Scenic Treetop & Hillside Views: Offers picturesque treetop and hillside vistas from various points, including a dedicated view deck, enhancing the property's aesthetic appeal and tranquility.
Luxurious Primary Suite: The spacious primary bedroom includes dual closets, direct backyard access, a luxurious ensuite bath with dual vanity and step-in shower, and a dedicated split A/C system for comfort.

Cons

Limited Cooling System: Only the primary bedroom is explicitly mentioned as having a split A/C system, suggesting a potential lack of central air conditioning throughout the rest of the 2,295 sqft home, which could be a significant comfort issue in Woodland Hills' climate.
Property Age & Potential System Updates: Built in 1964, the property is 60 years old. While updated cosmetically, major systems (plumbing, electrical, roof, etc., beyond the pool) may still be original or require future attention, potentially incurring additional costs for a buyer.
Recent Price Reduction & Valuation Discrepancy: The property has already seen a price reduction from $2.095M to $1.999M, and the current estimated value ($1.982M) is slightly below the asking price, which might indicate a perception of being slightly overpriced or a slower market response.

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