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1565 Falling Star Avenue, Westlake Village, CA 91362

$3.15M5bd · 5ba · 4,250 sqft
Lot 20,908 sqft•HOA $120/mo•Single Family Residence•
Active
•19d on market•MLS# 226004425

Property Description

Nestled on a rare and private half-acre corner lot, this stunning Spanish-style residence offers the perfect blend of timeless elegance, exceptional craftsmanship, and resort-inspired living. Tucked within the coveted Whitehawk neighborhood of North Ranch, this signature home captures breathtaking mountain views and delivers the lifestyle today's luxury buyers crave. From the moment you enter, soaring spaces and warm architectural details create a sense of grandeur. The formal living room, anchored by a beautiful fireplace, flows effortlessly into the elegant dining room, where french doors frame spectacular views of the backyard retreat. At the heart of the home, the gourmet kitchen is designed to impress, featuring a large center island, Sub-Zero refrigerator and freezer, Dacor ovens, five-burner cooktop, microwave, and Viking wine refrigerator, all opening to the expansive family room with soaring ceilings, custom built-ins and a second fireplace. Thoughtfully designed for both everyday living and entertaining, the flexible floor plan includes five bedrooms and four-and-a-half baths, including a main-level bedroom with full bath. The spacious primary suite serves as a private sanctuary, complete with a luxurious bath, walk-in closet, statement fireplace and serene views. Also upstairs are two secondary bedrooms and a full bathroom. A detached guest casita above the three-car garage offers its own full bath, providing the perfect space for guests, multigenerational living, a private office, or creative studio. Step outside and discover your own resort. Lush landscaping surrounds a sparkling pool and spa, fire pit, and expansive terraced patios designed for unforgettable gatherings or peaceful evenings under the stars. Every corner of the property has been thoughtfully curated to maximize privacy, beauty, and connection to the surrounding natural landscape. Over $130,000 invested in recent upgrades, creating an exceptional turnkey opportunity in one of North Ranch's most desirable neighborhoods. Move-in ready with newly refinished wood floors, fresh interior paint throughout, all-new carpeting, updated fixtures, and LED lighting enhancements. Major system upgrades include three new HVAC systems, new water heater, refinished garage doors, and an updated dishwasher with filtration system. Backyard has been extensively enhanced with a newly resurfaced pool featuring Aqua Glass finish and new tile, updated pool equipment and filtration system, app-controlled pool lighting, custom carriage lights, refreshed landscaping, artificial turf, and rebuilt perimeter fencing. Additional improvements include exterior cleaning and touch-ups, gutter maintenance and a high-end newer tile roof. Just minutes from North Ranch Country Club, championship golf, scenic hiking trails, premier shopping, dining, and award-winning schools, this extraordinary estate represents a rare opportunity to own one of North Ranch's most desirable settings. Schedule your private tour today before this exceptional opportunity is gone.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Stories
2
Garage Spaces
3
Heating
Central Furnace, Natural Gas
Cooling
Central A/C, Zoned A/C
View
Mountain View
Flooring
Carpet, Stone Tile, Wood/Wood Like
City
Westlake Village
Zip Code
91362
County
Ventura
Listed byColdwell Banker Realty, Victoria Stephen·609-351-4602·soldbyvictoriastephen@gmail.com

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,928.11
Principal & Interest
Loan Amount
$2,520,000
Total Interest
$3,214,121
Total Payment Over 30 Years
$5,734,121
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1565 Falling Star Avenue, Westlake Village, CA 91362

Westlake Village · Single Family Residence

$3.15M
Luxury Tier
Beds
5
Baths
5
Sqft
4,250
Lot
20,908 sqft
Year
1988
$/Sqft
$741
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 9.2% below the median closed sale of $3,470,000. Price per sqft ($741) is a 13% discount to closed comps ($855). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $3.15M· $741/sqft
Total list price
Closed comps
vs closed median $3.47M
−$320K (−9.2%)
Active comps
vs active median $2.90M
+$255K (+8.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $774
−$33 (−4.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2888 RainfieldWestlake Village2001454,00719,340$561$2.25M19684
4901 Pathfinder AvenueWestlake Village1988543,61521,780$691$2.50M6673
1285 Falling Star AvenueWestlake Village1990554,88620,037$900$4.39M7372
1686 SYCAMORE CANYONWestlake Village2003443,42030,522$846$2.90M5672
1476 Pathfinder AvenueWestlake Village1988454,91821,780$873$4.29M3871
Total: 5 · Average4.44.64,169.222,691.8$774.2$3.27M85.8
Median4,007$2.90M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1630 Windy Mountain AvenueWestlake Village199709/03/2026564,58320,037$3.75M$3.47M$7570.933488
1394 DoralWestlake Village198509/14/2026453,85319,602$3.50M$3.44M$8920.9810986
1364 Caitlyn CircleWestlake Village200208/05/2026454,25918,585$3.25M$3.31M$7761.026185
3909 Cresthaven DriveWestlake Village199708/13/2026554,69824,829$4.15M$3.90M$8300.9412784
31515 Germaine LaneWestlake Village197709/04/2026443,61621,446$3.65M$3.68M$1,0181.014582
Total: 5 · Average4.45.04,201.820,899.8$3.56M$3.56M$854.6—75.2
Median4,259$3.47M$3.47M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.