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498 Lakeview Canyon, Westlake Village, CA 91362

$4.65M5bd · 6ba · 5,557 sqft
Lot 49,179 sqft•HOA $995/mo•Single Family Residence•
Active
•114d on market•MLS# SR-26123524

Property Description

Nestled in the prestigious, guard-gated Country Club Estates of North Ranch Country Club (Thousand Oaks/Westlake Village), this timeless single-story custom estate rests on a sprawling 1-acre plus lot. Boasting sweeping mountain views from every room, freshly painted and new carpeting thought-out 5-bedroom, 6-bathroom retreat offers ultimate privacy and luxury living. Interior Highlights • Grand Foyer & Living Spaces: An inviting foyer introduces an oversized great room with a fireplace and a wet bar, perfect for hosting. The opposite wing features a formal living room with a marble fireplace and high-volume trey ceilings. • Chef’s Kitchen: The gourmet kitchen includes a large island, breakfast bar, and sunny nook. It is fully equipped with top-tier appliances, including a double-wide commercial Sub-Zero refrigerator/freezer, gas cooktop, double electric ovens, and expansive granite countertops. • Formal Dining: An elegant dining room sits adjacent to the kitchen, featuring trey ceilings and seamless access to the outdoors. • Master Suite: A peaceful sanctuary offering a private fireplace and French doors leading to the backyard oasis. The enormous en-suite bath features a jetted tub, dual jetted shower, separate vanities, and a massive walk-in closet. • Guest & Staff Quarters: Features three additional guest suites, each with its own full bath, walk-in closets, and French doors to the yard. An additional office/bedroom with a full bath and oversized laundry room provides an ideal setup for live-in staff. Entertainer’s Backyard & Grounds • Resort-Style Pool & Dining: Step through numerous French doors into a private, secluded retreat featuring a mini-Olympic size pool, outdoor kitchen, outdoor shower, and a remodeled outdoor pool bath. • Lush Gardens: The opposite side of the grounds boasts a lush, landscaped haven with fruit trees, mature greenery, rose bushes, and an Italian-inspired fountain—perfect for warm evenings. Premium Upgrades & Amenities • Freshly painted interiors and new carpeting throughout. • Newer HVAC units and a spacious 3-car garage. • Total privacy and panoramic mountain views. WELCOME HOME!

Features & Amenities

FeeBuilt 1996

Property Details

Land Type
Fee
Year Built
1996
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Fireplace(s)
Cooling
Central Air, Electric, Zoned, None
View
Mountain(s), See Remarks
Flooring
Carpet, Tile
City
Westlake Village
Zip Code
91362
County
Ventura
Listed byDalton Wade, Inc., Rosanna Falocco

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$23,512.93
Principal & Interest
Loan Amount
$3,720,000
Total Interest
$4,744,655
Total Payment Over 30 Years
$8,464,655
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

498 Lakeview Canyon, Westlake Village, CA 91362

Westlake Village · Single Family Residence

$4.65M
Luxury Tier
Beds
5
Baths
6
Sqft
5,557
Lot
1.13 ac
Year
1996
$/Sqft
$837
Pool: Yes✓
View: mountain✓
Garage: 3-car✓

Listed 13.1% below the median closed sale of $5,350,000. Price per sqft ($837) is a 16% discount to closed comps ($992). Closed comps sold at 94% of list — buyers have negotiating leverage. 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 $4.65M· $837/sqft
Total list price
Closed comps
vs closed median $5.35M
−$700K (−13.1%)
Active comps
vs active median $4.50M
+$150K (+3.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $853
−$16 (−1.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5001 Lakeview Canyon RoadWestlake Village1985675,50922,988$817$4.50M1174
1396 Kingsboro CourtWestlake Village1986576,11120,473$851$5.20M3872
1389 Pathfinder AvenueWestlake Village1993565,02523,086$875$4.39M5061
210 Lake Sherwood DriveWestlake Village2002565,11919,166$850$4.35M5260
1403 Kingsboro CourtWestlake Village1991556,07772,701$870$5.29M5058
Total: 5 · Average5.26.25,568.231,682.8$852.6$4.75M40.2
Median5,509$4.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2591 Calbourne LaneWestlake Village201909/08/2026455,05618,295$7.79M$6.35M$1,2560.8114369
1380 Windy Mountain AvenueWestlake Village198808/17/2026555,41021,344$4.39M$4.11M$7590.935760
1439 Windy Mountain AvenueWestlake Village198507/23/2026455,15718,295$4.00M$3.95M$7660.997655
82 Queens Garden DriveWestlake Village201207/20/2026675,10320,908$6.47M$6.35M$1,2440.983053
581 Lakeview Canyon RoadWestlake Village199005/27/2026555,72993,654$5.45M$5.35M$9340.9820252
Total: 5 · Average4.85.45,29134,499.2$5.22M$5.22M$991.8—101.6
Median5,157$5.35M$5.35M

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.