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

home-pic
ACTIVE$2,449,000
5455 Via Olas, Newbury Park, California 91320
5Beds
6Baths
4,679Sqft
27,442Lot
Year Built
2002
Close
-
List price
$2.45M
Original List price
$2.55M
Price/Sqft
-
HOA
$149
Days on market
-
Sold On
-
MLS number
225004828
Home ConditionGood
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Incredible price for this uniquely spectacular home! Some lucky buyer is about to WIN!!! Will it be you??? 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
10/22/25
Price Change
$2,449,000-4.0%
09/24/25
Listing
$2,550,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (163 Listings)
Beds54
81%
Baths63
96%
Square foot4,6792,097
95%
Lot Size27,4427,840
95%
Price$2.45M$1.12M
95%
Price per square foot$523$534.5
42%
Built year20029895990
90%
HOA$149
0%
Days on market42146
2%
Condition Rating
Good

Built in 2002, this property is 22 years old. While the kitchen and bathroom styles reflect their original build era with light wood cabinetry and granite countertops, they are exceptionally well-maintained and feature high-end amenities like stainless steel appliances (including two dishwashers) and en-suite baths. Crucially, the roof was largely reset in 2022, and the pool's solar system was entirely replaced in the same year, indicating significant recent investments in major systems. The property is move-in ready with no immediate renovations required, and its systems are well-maintained, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Exceptional Entertainment Amenities: The property boasts a private, temperature-controlled wine cave capable of storing over 500 bottles, complemented by an established vineyard with 35 Chardonnay and 35 Pinot Noir vines, offering a unique lifestyle for wine enthusiasts and entertainers.
Resort-Style Outdoor Living: The backyard features a free-form pool with a water slide, grotto, and multiple water features, a 10-person spa with body jets, two fire pits, and three distinct patios, including one with spectacular mountain views, creating an ultimate outdoor oasis.
Modern & Eco-Conscious Upgrades: Recent updates include a largely reset roof (2022), a new solar system for pool heating, a remote-controlled recirculating hot water system, smart irrigation (Rachio app), and a Level 2 Tesla charger, enhancing efficiency and convenience.
Spacious & Flexible Interior Layout: The home offers double-volume ceilings, a first-level private guest suite, a charming office, an island kitchen with two dishwashers and a walk-in pantry, and a generously sized bonus room convertible to a fifth bedroom, providing ample and adaptable living spaces.
Prime Gated Community Location: Situated on a quiet, gated cul-de-sac, the property benefits from ideal weather, coastal influences, and immediate proximity to the Santa Monica Mountains and protected open space, offering privacy and access to nature.

Cons

High Maintenance for Specialized Features: The unique amenities such as the private vineyard, temperature-controlled wine cave, and extensive resort-style landscaping with multiple water features will require significant ongoing maintenance, time, and potentially specialized services.
Potential for High Operating Costs: Despite some eco-friendly features, the sheer scale of the property, including a large pool, spa, and climate-controlled wine cave, suggests potentially substantial utility and operational costs for heating, cooling, and general upkeep.
Niche Market Appeal: The property's highly specialized features, particularly the vineyard and elaborate wine amenities, cater to a specific buyer demographic, which could potentially narrow the pool of interested buyers compared to a more broadly appealing luxury home.

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