581 Lakeview Canyon Road, Westlake Village, California 91362, Westlake Village, 91362 - 5 bed, 5 bath

581 Lakeview Canyon Road, Westlake Village, California 91362 home-pic-0
ACTIVE$5,685,000
581 Lakeview Canyon Road, Westlake Village, California 91362
5Beds
5Baths
5,729Sqft
93,654Lot
Year Built
1990
Close
-
List price
$5.68M
Original List price
$5.68M
Price/Sqft
$992
HOA
$983
Days on market
-
Sold On
-
MLS number
225005469
Home ConditionExcellent
Features
Good View:
Deck
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 4 Cons,7 Pros. Rank: price - $5.68M(99th), sqft - 5729(96th), beds - 5(77th), baths - 5(82th).

Modern Elegance Meets Resort Living in North Ranch Country Club EstatesEnter through your enchanting wooden bridge into your private tree-lined motor court, where every detail of this estate reflects sophistication, comfort, and resort-style living in one of Westlake Village's most prestigious guard-gated communities.Set on a premier 2.15-acre lot, this stunning custom residence blends timeless architecture with thoughtful modern upgrades, including a brand-new concrete roof, brand new Bosch HVAC systems with new ducting, new gutters, refinished hardwood floors, fresh interior paint, upgraded primary bathroom with bonus space great for yoga, exercise equipment or meditation and a restructured primary balcony.Inside, a grand marble foyer opens to light-filled living spaces with cathedral ceilings, stacked-stone fireplaces, and custom craftsmanship throughout. The chef's kitchen is a true centerpiece with Wolf and Subzero appliances, an oversized quartz island, and an elegant butler's pantry as well as oversized walk in pantry. The primary suite is a serene retreat complete with a fireplace, sitting area, spa-inspired bath, and an expansive walk-in closet.The private backyard is a true resort escape featuring a custom cabana with full outdoor kitchen, BBQ, Viking fridges, brick pizza oven, and stone fireplace. Enjoy the resort-style pool and spa with cascading waterfall, multiple fire pits, and a lighted sport court perfect for tennis, pickleball, basketball, and more. The grounds also offer flat lawns, an enclosed garden, an outdoor shower, and fully owned solar panels, surrounded by lush, mature landscaping.Every detail of this home reflects sophistication, comfort, and resort-style living in one of Westlake Village's most prestigious guard-gated communities.

Nearby schools

6/10
Westlake Hills Elementary School
Public,K-50.9mi
4/10
Conejo Elementary School
Public,K-51.8mi
7/10
White Oak Elementary School
Public,K-51.8mi
7/10
Lindero Canyon Middle School
Public,6-81.8mi
6/10
Colina Middle School
Public,6-82.4mi
7/10
Los Cerritos Middle School
Public,6-83.1mi
8/10
Westlake High School
Public,9-120.8mi
10/10
Oak Park High School
Public,9-122.9mi
7/10
Agoura High School
Public,9-123.9mi

Price History

Date
Event
Price
11/05/25
Listing
$5,685,000
12/06/24
Sold
$5,140,000
12/28/15
Sold
$2,860,000
02/25/09
Sold
$2,550,000
Condition Rating
Excellent

Despite being built in 1990, this property has undergone extensive and recent renovations, including a brand-new concrete roof, new Bosch HVAC systems with new ducting, refinished hardwood floors, fresh interior paint, and an upgraded primary bathroom. The chef's kitchen features high-end Wolf and Subzero appliances and an oversized quartz island, while visible bathrooms and living spaces showcase modern, high-quality finishes and fixtures. All major components are new or virtually new, meeting current quality standards with no deferred maintenance.
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 = 93654, living area = 5729.
Great Schools: High School: Oak Park High School (10/10).
Resort-Style Outdoor Living: The property boasts an exceptional resort-style backyard featuring a custom cabana with a full outdoor kitchen, pool, spa with waterfall, multiple fire pits, and a lighted sport court, ideal for luxurious entertaining and recreation.
Extensive Modern Upgrades: Significant recent investments include a brand-new concrete roof, Bosch HVAC systems with new ducting, new gutters, refinished hardwood floors, fresh interior paint, and an upgraded primary bathroom, ensuring modern comfort and reduced immediate maintenance.
Prestigious Guard-Gated Community: Located within North Ranch Country Club Estates, one of Westlake Village's most prestigious guard-gated communities, offering exclusivity, enhanced security, and a desirable lifestyle.
Spacious & Private Lot: Set on a premier 2.15-acre private, tree-lined lot, providing ample space, privacy, and a grand, secluded entrance.
High-End Interior Finishes & Appliances: The interior features a grand marble foyer, cathedral ceilings, custom craftsmanship, and a chef's kitchen equipped with Wolf and Subzero appliances and an oversized quartz island, reflecting luxury and quality throughout.

Cons

Recently Sold Property: The property was recently sold within the past year on 2024-12-06. The sold price is $5,140,000.00.
High Monthly Association Fee: A substantial monthly association fee of $983.0 adds significantly to the ongoing cost of homeownership, which could be a consideration for budget-conscious buyers.
Listing Price vs. Estimated Value: The current listing price of $5.685 million is higher than the property's estimated value of $5.321 million, potentially impacting buyer perception and negotiation dynamics.
Property Age: Built in 1990, the property is over three decades old. While extensively upgraded, some buyers may prefer newer construction or anticipate potential long-term maintenance associated with an older core structure.

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