5455 Via Olas, Newbury Park, California 91320, Newbury Park, - bed, bath

home-pic
ACTIVE$2,550,000
5455 Via Olas, Newbury Park, California 91320
5Beds
6Baths
4,679Sqft
27,442Lot
Year Built
2002
Close
-
List price
$2.55M
Original List price
$2.79M
Price/Sqft
-
HOA
$149
Days on market
-
Sold On
-
MLS number
225002681
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Incredible Adjustment! This home is priced to MOVE YOU - literally. If you're someone who likes to entertain, this home was designed with you in mind. Imagine yourself here - hosting the most epic pool parties ever and serving from your private wine cellar! This home dazzles you from the moment you enter with double volume ceilings and a wall of windows, offering a beautiful view straight to the backyard. One of the most flexible designs in Palermo, this floor plan has everything you need. The first level boasts spacious living areas, a private guest suite and a charming office, complete with French doors leading directly to the rear yard. The island kitchen is perfect for entertainers. It provides a gracious walk-in pantry, stainless appliances including TWO dishwashers, a charming breakfast nook, counter seating and it flows seamlessly into the spacious family room which features extensive built-ins and a stone-faced hearth. Additional interior highlights include noche travertine flooring, tasteful Roman shades and leaded glass accents. On the second level, the primary suite enjoys a balcony overlooking the rear yard, a sunny sitting area, a custom wood built-in and a spacious bath with walk-in closet. You'll also find two secondary bedrooms with private, en suite baths and a generously sized bonus room that could easily be transformed into a fifth bedroom. Impress friends with a tasting in your own private wine cave! Temperature controlled and boasting built-in racks to accommodate over 500 bottles, your collection is always assured of proper storage. If you've been wanting to try your hand at winemaking, you'll love the established vineyard hosting 35 Chardonnay vines and 35 Pinot Noir. You're sure to be the envy of every true wine connoisseur! The free-from pool and spa, complete with water slide, grotto and multiple water features is the sparkling centerpiece of the backyard. Pour yourself a cold drink, hop on a raft and let your cares float away. Entertain friends in the bubbling spa, which seats up to 10 and features a stand-up area where jets soothe your entire body. It's all controlled by the Aqualink app or via the convenient panel located just inside the home for easy access. The award-winning landscape features an integrated drip and micro-spray system with a 'smart irrigation controller' for landscape water use efficiency. Manage it all from your phone through the Rachio app.Evenings are highlighted by cooler temperatures and romantic lighting. Cozy up at one of two fire pits. The first is thoughtfully placed just outside the wine cave and the second is located on the upper patio, adjacent to the vineyard. It's just like being in Tuscany! Perched at the top of the property, you'll find a third patio with a spectacular view of the surrounding mountains. It's the perfect spot for to star gaze and watch for shooting stars. For those with an eye for practicality and eco friendliness, the roof was largely reset in 2022, and the solar system for heating the pool was replaced entirely - maintaining swimmable water temps during sunny months. The home includes a remote controlled, recirculating hot water system, which quickly delivers hot water throughout the home. The gardens are served by a drip system, keeping water usage down AND this home also includes a Level 2 Tesla charger. Located on a quiet, gated cul-de-sac, this charming neighborhood boasts ideal weather and coastal influences. Enjoy a morning hike or bike ride in the beautiful Santa Monica Mountains, just a stone's throw away. This area is surrounded by protected open space - it's truly a hidden gem.

Price History

Date
Event
Price
09/18/25
Price Change
$2,550,000-3.7%
08/02/25
$2,649,000
06/05/25
$2,795,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (162 Listings)
Beds54
81%
Baths63
96%
Square foot4,6792,105
95%
Lot Size27,4427,840
95%
Price$2.55M$1.13M
96%
Price per square foot$545$535
54%
Built year20021979
85%
HOA$149$120
0%
Days on market153147
52%
Condition Rating
Good

Built in 2002, this property is exceptionally well-maintained and move-in ready, with no immediate renovations required. Key systems have been recently updated, including a largely reset roof in 2022 and a fully replaced pool solar system. The kitchen features high-quality stainless steel appliances (including two dishwashers), granite countertops, and honey oak cabinetry, which are functional and in excellent condition, though their style reflects the early 2000s build rather than current trends. The home boasts premium features like travertine flooring, a wine cellar, and an elaborate pool, all indicating a high standard of care. While the aesthetic of the kitchen and likely bathrooms is not ultra-modern, the overall condition, functionality, and recent system updates firmly place it in the 'Good' category.
Pros & Cons

Pros

Exceptional Entertainment & Lifestyle Features: The property is designed for grand entertaining, featuring a resort-style pool with a water slide and grotto, a 10-person spa, two fire pits, multiple patios, and a private, temperature-controlled wine cave capable of storing over 500 bottles.
Unique Vineyard & Landscaping: A distinctive feature is the established vineyard with 70 Chardonnay and Pinot Noir vines, complemented by award-winning, smart-controlled landscape irrigation, creating a unique and luxurious outdoor experience.
Modern & Eco-Conscious Upgrades: Recent upgrades include a replaced solar system for pool heating (2022), a Level 2 Tesla charger, a remote-controlled recirculating hot water system, and smart irrigation, enhancing efficiency and modern convenience.
Luxurious Interior Design & Flexible Layout: The interior boasts double-volume ceilings, noche travertine flooring, extensive built-ins, a gourmet island kitchen with dual dishwashers, a private guest suite, a dedicated office, and a bonus room convertible to a fifth bedroom.
Prime Gated Community Location: Located on a quiet, gated cul-de-sac, the property offers privacy, security, and spectacular mountain views, with direct access to the Santa Monica Mountains for outdoor activities.

Cons

High Ongoing Maintenance: The extensive pool features, large landscaped lot, and active vineyard will likely require significant ongoing maintenance, time, and financial investment from the homeowner.
Niche Market Appeal: The highly specialized amenities, such as the wine cave and vineyard, cater to a specific buyer demographic, which could potentially narrow the pool of interested buyers and extend market time.
Recent Price Reductions: Multiple price adjustments from the original listing price indicate that the property may have been initially overpriced or is experiencing slower market absorption, which could influence buyer perception of its current value.

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