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$4,299,000

Beds
5
Baths
4.5
sq ft
4,886

1285 Falling Star Ave, Westlake Village, CA 91362

1285 Falling Star Ave

Westlake Village, CA 91362

  • 24 days on market
Nestled in the heart of North Ranch, this exceptionally private custom estate blends modern luxury with timeless elegance. Set on a sprawling lot in the Conejo Valley School District, the home boasts extensive upgrades for an unparalleled living experience. A grand 8-foot steel double-door entry leads to newly refinished maple flooring throughout. The chef's kitchen is a showstopper, featuring new marble countertops, a double Viking oven, Sub-Zero refrigerator, Wolf range, farmhouse sink, and an Italian chandelier. The primary suite has been beautifully updated with a refreshed en-suite bath. The first floor also includes a renovated powder room and a guest suite with direct access to the pool and yard. Upstairs, three additional bedrooms, a Jack-and-Jill bath, and a glass-enclosed office offer both comfort and functionality. The entertainer's backyard features an infinity-edge pool and jacuzzi with new Pebble Tec, a built-in barbecue with a 42" Viking range, a custom fire pit, and lush landscaping with fruit trees. Additional upgrades include new Milgard windows, garage doors, interior railings, lighting, a brand-new electrical panel, an EV charger, and a multi-zoned HVAC system. The three-car garage, complete with Swisstrax flooring and ample storage, enhances convenience. This exceptional estate seamlessly combines sophistication and comfort in one of North Ranch's most coveted locations.

Details

Property type

Single Family Residence

Est. home value

$2,994,143

Lot size

0.46 acres

Price per sq ft

$880

Year built

1990

Monthly HOA fee

$40

Price History

01/30/2025
CLAW

CLAW #25491313

Listed
$4,299,000
+38.68%
06/01/2023
CRMLS

CRMLS #SR23083854

Sold
$3,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,875,486
Asking price
$4,299,000
Closing costs (~8% of asking)
-$343,920
Est. remaining loan balance
-$1,079,594
Cash to seller
$2,875,486

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2023

Original loan amount

$1,100,000

Est. remaining balance

$1,079,594

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Joseph L Quenqua and Arthur E Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 9:25 PM

Listing updated: 02/10/2025 at 10:00 AM

Listed by: Joshua Altman, Douglas Elliman of California, Inc. Phone #: (310) 819-3250

MLS: CLAW #25491313

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