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5223 Alhama Drive, Woodland Hills, California 91364, Woodland Hills, 91364 - 4 bed, 3 bath

5223 Alhama Drive, Woodland Hills, California 91364 home-pic-0
ACTIVE UNDER CONTRACT$1,249,900
5223 Alhama Drive, Woodland Hills, California 91364
4Beds
3Baths
1,490Sqft
6,562Lot
Year Built
1955
Close
-
List price
$1.25M
Original List price
$1.38M
Price/Sqft
$839
HOA
-
Days on market
-
Sold On
-
MLS number
SR25200484
Home ConditionFair
Features
Good View: Trees/Woods
Pool
Spa
Patio
ViewTrees/Woods

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(39th), sqft - 1490(16th), beds - 4(50th), baths - 3(50th).

Charming South of the Blvd Pool Home with Separate Guest Units! Welcome to your Woodland Hills oasis retreat, offering the perfect blend of style, comfort, and versatility. Step inside to a bright open floor plan featuring an expansive enclosed patio approx 333 sq ft with dramatic wood-beamed ceilings and a wall of windows that bring the outdoors in. The chef’s kitchen shines with a Dynasty commercial-grade range, ideal for culinary creativity. A spacious living room with hardwood floors, a cozy fireplace, and French doors creates the perfect gathering space. This home boasts two fabulous guest accommodations: Stunning private guest suite with steam shower bath approx 250 sq ft—perfect for visitors, business, in-laws, or rental income. Plus, a beautifully separate custom 2nd guest room offering additional flexibility. Enjoy the convenience of a garage plus the ultimate entertainer’s backyard—your private paradise with a sparkling pool, spa, and lush mature landscaping. All this in one of the most desirable neighborhoods South of the Blvd, close to Trader Joe’s, Whole Foods, and cafés. Just minutes from The Village, top-rated schools, hiking trails, and Woodland Hills’ best dining!

Nearby schools

8/10
Chaparral Elementary School
Public,•K-5•2.1mi
3/10
Hart Street Elementary School
Public,•K-5•2.3mi
6/10
Bay Laurel Elementary School
Public,•K-5•3.7mi
8/10
Round Meadow Elementary School
Public,•K-5•4.1mi
5/10
Woodland Hills Charter Academy
Public,•6-8•0.7mi
7/10
Alice C. Stelle Middle School
Public,•6-8•1.9mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.1mi
3/10
Christopher Columbus Middle School
Public,•6-8•3.5mi
7/10
Arthur E. Wright Middle School
Public,•6-8•6.5mi
4/10
Canoga Park Senior High School
Public,•9-12•2.2mi
8/10
Calabasas High School
Public,•9-12•2.4mi
4/10
Reseda Senior High School
Public,•9-12•4.1mi

Price History

Date
Event
Price
10/16/25
Price Change
$1,249,900-3.7%
09/24/25
Price Change
$1,298,000-5.6%
09/10/25
Listing
$1,375,000
Condition Rating
Fair
Built in 1955, this property shows signs of being well-maintained with some notable updates, such as hardwood floors in the living areas, recessed lighting, and a high-end Dynasty commercial-grade range in the kitchen. The guest suite with a steam shower also indicates recent improvements. However, the kitchen's overall aesthetic, particularly the tiled countertops, backsplash, and cabinet style, is significantly dated and would require substantial renovation to meet current buyer expectations. While functional, these elements prevent it from being considered 'move-in ready with no immediate renovation required' for a modern buyer. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition score.
Pros & Cons

Pros

Desirable South of the Blvd Location: Highly sought-after neighborhood with excellent proximity to amenities like Trader Joe's, Whole Foods, The Village, dining, and top-rated schools.
Versatile Guest Accommodations: Features two separate guest units, including a private suite with a steam shower, offering significant flexibility for visitors, in-laws, home office, or potential rental income.
Private Resort-Style Backyard: An ultimate entertainer's paradise boasting a sparkling pool, spa, and lush mature landscaping, ideal for outdoor living and relaxation.
Upgraded Chef's Kitchen: Equipped with a high-end Dynasty commercial-grade range, providing a modern and functional space for culinary enthusiasts.
Charming & Bright Living Spaces: Offers an open floor plan, hardwood floors, a cozy fireplace, French doors, and an expansive enclosed patio with wood-beamed ceilings, enhancing the home's appeal and natural light.

Cons

Property Age & Potential Maintenance: Built in 1955, the home's age may imply potential for unseen maintenance or system updates beyond the cosmetic renovations.
Modest Main House Square Footage: At 1490 sqft for the main house (excluding guest units), some buyers might find the primary living space relatively compact for a 4-bedroom, 3-bathroom property in this price range.
Recent Price Reductions: Multiple price adjustments from the original listing price suggest potential market resistance or initial overpricing, which could impact buyer perception.

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