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Westlake Village Real Estate

Within Ventura County, Westlake Village is nestled in a lush verdant valley against the Santa Monica Mountains. Being located just 9 miles inland from the Pacific Ocean allows for cool air and warm climates for most of the year. At the heart of the Conejo Valley, Westlake Village is known for its exquisite lakeside views, golf courses, hiking trails, and several lush greenbelts that tie the community together.

Having an expansive lake at its center inherently provides residents with several outdoor and recreational activities such as boating, fishing, and lakeside dining. The Westlake Promenade, Westlake Plaza, and the Westlake Lakes provide several upscale boutique shopping and fine dining options that gives the area an urban atmosphere in the suburbs.

Westlake Village offers a wide variety of real estate options spanning from condos and townhomes, single-family residences, to large custom-built estates. There are several gated communities in the area that cater to a range of budgets (Colony Homes, Renaissance Homes, Bridgehaven, Northgate, Westlake Cove, and the Westlake Island).

 

Westlake Village, CA Luxury Homes

Westlake Village CA Luxury Homes

Welcome to Westlake Village, our home in the heart of picture-perfect Conejo Valley. Straddling the border of Los Angeles and Ventura counties, this master-planned community epitomizes luxury country living and provides excellent access to the best that both counties have to offer.

Westlake Village was developed in the 1960s around the manmade 125-acre Westlake Lake. The borderline of Los Angeles and Ventura counties cuts through the lake, splitting the community into two official sections. The western side of the border is a neighborhood of Thousand Oaks in Ventura County, while the eastern side is an incorporated city of Los Angeles County.

To Westlake Village residents, however, the distinction between counties is far less important than the wonderful quality of life you get no matter which side of the border you’re in.

Location and population

Westlake Village is nestled in a lush valley on the northwestern section of the Santa Monica Mountains area. From here, you can get to Downtown LA in less than 45 minutes and to downtown Thousand Oaks in under ten minutes. Malibu Beach is only around a 25 minute drive.

As of 2019, the population in Westlake Village was around 8,217. And with further development restricted in the community, this is not expected to rise significantly in the near future.

Luxury living and real estate in Westlake Village

Founded as a “city in the country”, Westlake Village combines urban convenience and an idyllic country lifestyle far from the bustle of its cosmopolitan neighbors. Our community offers an exclusive country club lifestyle and a small-town vibe, all underscored by luxury amenities and conveniences.

The area is surrounded by vast open space and boasts miles of hiking and equestrian trails. The Santa Monica Recreation Area provides an endless array of outdoor activities, including hiking, climbing, horseback riding, and camping.

Westlake Lake, around which the community was developed, is central to the local lifestyle. A private lake with limited access to outsiders, it offers a bounty of activities, including bass fishing, boating, running, cycling, and lakefront dining.

The area is known for highly-rated golf courses, some of which are found right here in Westlake Village, and others in the surrounding communities of Thousand Oaks, Agoura Hills, Simi Valley, and others.

If you prefer a more relaxed form of recreation, there’s plenty of shopping and entertainment options practically at your doorstep. You can also go on a food adventure in the numerous restaurants in the area, watch a concert, or visit a museum or art gallery.

Homes in Westlake Village reflect the upscale lifestyle here. You’ll find gated communities and exclusive enclaves with beautiful houses, estates, condos, and townhomes. Lakefront homes are the most coveted, along with properties in the areas surrounding five-star golf courses.

A brief history of Westlake Village

The Chumash Indians were the first known inhabitants of the area now occupied by Westlake Village. In 1770, a party led by Captain Gaspar de Portola camped here while traveling north of the route that eventually became known as the El Camino Royal. However, the first Spanish settlement wasn’t established until the 1800s.

When California was accepted into the union in 1850, the Westlake Village area was considered the central part of the Rancho El Conejo and Rancho Las Virgenes land grants. The land then changed ownership several times, first to cattle rancher Andrew Russell, then to newspaper magnate William Randolph Hearst, then to Fred Albertson who used the property as a movie ranch where numerous movies and TV shows in the 1940s and 50s were shot.

In 1963, the property was purchased by the American-Hawaiian Steamship Company, which commissioned the master planning of Westlake Village with a “city in a country” concept. Construction of the Westlake Lake was completed in 1969. In 1968 and 1972, the Ventura County part of the development was annexed into the city of Thousand Oaks. In 1981, the LA County part incorporated as a city.

Luxury Homes for Sale in Westlake Village, CA

Homes for sale in Westlake Village are highly coveted properties that sell fast. And with even more limited inventory in 2020 and the early part of 2021, the demand for real estate here is greater than the supply, making Westlake Village a seller’s market.

According to Realtor.com, the median sale price of homes in Westlake Village as of February 2021 was $1 million, up 1.3% from the previous year. Homes are sold at an average of 50 days and have continued to sell faster in the last few months. The average square footage of homes for sale in Westlake Village is around 2,400, but there’s a wide range of home sizes across different property types.

If you want to invest in land or build your home from scratch, you can still find expansive vacant land in existing developments within the area.

Popular neighborhoods

Many of the most desirable properties in Westlake Village are found in the North Ranch, a cluster of neighborhoods that include some of Westlake Village’s most prestigious enclaves. North Ranch neighborhoods surround North Ranch Country Club, a private golf and country club with three 9-hole golf courses.

Lake Sherwood is another exclusive section in Westlake Village. The neighborhoods here surround Sherwood Country Club, home to a prestigious 18-hole championship golf course designed by Jack Nicklaus.

Wherever you choose to live in Westlake Village, you will be treated to gorgeous views, wide open spaces, and topnotch community amenities.

Property types in Westlake Village

Single-family homes make up the majority of the housing stock in Westlake Village. They range from multi-million dollar grand estates to relatively smaller homes with ample yards and square footages.

Townhomes and condos also make up a significant part of the local real estate. There are quite a few townhome and condo communities throughout Westlake Village, offering homebuyers more affordable options compared to single-family homes.

Westlake Village has several lakefront communities, including a couple of townhome developments. Homes in these neighborhoods come in a wide range of prices and sizes, with many single-family homes coming with their private boat docks.

Popular home features

Many properties in Westlake Village are 20 to 50 years old and boast the distinct character of a lived-in home with mature landscaping. But there are also quite a few new builds, some of which are just over a year old, featuring the latest home and architectural trends.

Swimming pools are popular features, as are other outdoor entertaining essentials. With the community’s year-round resort lifestyle, gorgeous views, and sunny weather, outdoor living is the norm. Large decks and patios, gorgeous landscaping, and barbecue areas are found in most homes.

You’ll also find many of the most sought-after upscale home features today, including chef’s kitchens with the latest appliances, family entertainment rooms, and the finest finishes and fixtures.

Living in Westlake Village, CA

Westlake Village CA Luxury Homes

General cost of living

With gorgeous luxury homes as the standard, housing primarily drives the cost of living up in Westlake Village, which is more than twice the national average and around 60% more than the California average. However, the average household income in Westlake Village is also more than twice that of the country’s.

Employment/Job opportunities

Many residents telecommute for work, while a good number have offices in Los Angeles and other nearby commercial and financial districts. Excellent job opportunities are also available within Westlake Village, with big businesses like Dole Foods, Baxalta, Guitar Center, Penny Mac, and the corporate headquarters for the LA Rams. The top employment sectors in the area include manufacturing, retail trade, and healthcare.

There are more artists and people who work on tech here in Westlake Village than in most other communities in the country.

The weather

We get 285 days of sunshine a year, perfect for year-round outdoor and water activities. Summers can get really hot, with highs of around 89 degrees in July. But with coastal breezes flowing from the Pacific and through the canyons in Malibu Hills, summers here are around 10 degrees cooler than in neighboring San Fernando Valley.

Winters in Westlake Village are mild, with low temperatures of around 43 to 44 degrees in December and January.

Restaurants

Westlake Village is fast earning a reputation as a foodie destination. There are numerous restaurants in the area where you can have your pick from all kinds of cuisines. Among the best places to go are lakeside establishments that offer refreshing views and a relaxing ambiance along with great food. You’ll also find a wide selection of excellent bars and restaurants in the area’s shopping districts.

Some of the must-visit dining places include:

Transportation

Westlake Village residents mostly drive to get around. And with Ventura Highway and Highway 23 passing through the area, we get great access to Los Angeles and other major destinations.

The area is served by the Metro Local 161 bus, as well as by Thousand Oaks Transit bus lines. The local Westlake Village Transit serves students attending public schools in the community, while a Dial-A-Ride service is available to seniors and disabled residents.

Parks and recreational activities

Westlake Village CA Luxury Homes

Westlake Lake is the community’s main hub. It is home to Westlake Yacht Club, which is open for membership to the general public. The yacht club’s members include not only those who live in Westlake Village, but also residents of Thousand Oaks, Agoura Hills, Calabasas, and other neighboring communities. The club offers sailing lessons to kids and adults, and regularly holds sailing regattas, dinner dances, wine tastings, and other events.

The Westlake Village city government operates seven parks, including Westlake Village Community Park and Westlake Village Dog Park. These parks feature numerous facilities for the whole family, including playgrounds, athletic fields, sports courts, fitness facilities, picnic areas, and more

Westlake Village Community Park is home to the Westlake Village Skatepark, a skating haven with ramps, bowls, and challenging courses. In the North Ranch area, the sprawling North Ranch Playfield and Park offers acres of outdoor space with two softball fields, playgrounds, basketball and tennis courts, and a walking path.

Other attractions in Westlake Village

There’s more to see and do in Westlake Village. No matter where your interests lie, there’s an attraction or an event that’s bound to catch your fancy.

Golf

Westlake Village and the surrounding communities are a golfing haven. For residents, these are the top and most accessible destinations:

  • North Ranch Country Club
    This private golf and country club includes three 9-hole Ted Robinson-designed courses with the majestic Santa Monica Mountains in the background. It also includes 12 tennis courts, a huge clubhouse with a spa, a restaurant serving farm-to-table cuisine, a wine club, and more.
  • Westlake Golf Course
    This beautiful 18-hole public golf course was built by Ted Robinson in 1967, and with a length of 5,005 yards, it can accommodate a good number of players at the same time. 
  • Sherwood Lake Club
    Sherwood Lake Club was designed for the family. In addition to a Jack Nicklaus par-3 championship golf course, this private golf club also features two tournament standard tennis courts, a junior Olympic-sized swimming pool, a fitness center, and a dining area. The club also holds summer camps for kids every year.

Hiking Trails

Surrounded by state and national parks, Westlake Village offers miles of hiking trails going through wetlands, canyons, meadows, and historic paths. Among the best trails in the area are:

  • Pentachaeta Loop
    This scenic trail goes around Triunfo Creek Park and features overlooking views of Las Virgenes Reservoir and Westlake  Lake. It’s not for the faint of heart, though, as it will take you up and down steep rocky slopes and narrow pathways.
  • Los Robles Trail
    This moderately difficult trail features gorgeous views of Newbury Park and beautiful wildflowers along the way. It’s a favorite among mountain bikers. 
  • Bowfield Trail
    If you’re looking for an easy hike, Bowfield Trail is perfect. It’s a short hike through relatively low elevation hills offering panoramic views.

Shopping and dining

People from all parts of Southern California come to Westlake Village for its retail and dining attractions. The shopping malls in Westlake Village boast idyllic open-air designs and house numerous coffee shops, restaurants, and services like fitness studios, salons, and more. They also feature cinema complexes, indoor playgrounds for kids, and other entertainment and recreation options for the entire family.

Here are the top places to go:

  • The Promenade at Westlake
    Housing a few dozen curated shops and boutiques, The Promenade at Westlake has a parklike ambiance with a large outdoor seating area around a fountain. It is also home to Cinepolis Luxury Cinemas, a luxury cinema complex with in-theater dining and bar. The Promenade also stages various events, such as wine tastings, fitness sessions, and more. You’ll also find some of Westlake Village’s top foodie destinations here.
  • Shoppes at Westlake Village
    Arguably the most popular shopping destination in Westlake Village, Shoppes at Westlake Village features charming Mediterranean Revival architecture that’s an attraction on its own. It houses big box retailers as well as specialty boutiques for clothing, houseware, and others. There are a number of restaurants and coffee shops, as well. The mall is also the venue for many community events, such as movie nights, live performances, and festivals.
     
  • Westlake Plaza
    A staple in the neighborhood for over 46 years, Westlake Plaza has been Westlake Village’s one-stop shop for grocery, fashion, dining, and services over the decades. There are three grocery stores, dozens of shops and boutiques, outdoor and indoor dining places, banks, law offices, and other services. 
  • Westlake Village Farmers’ Market
    Open all year round on Sundays from 10 am to 2 pm, this neighborhood staple is the place to go for farm-fresh fruits and vegetables, homemade goodies, plants, cut flowers, and more.

Westlake Village events

Community spirit is fostered in Westlake Village through regular events that bring residents together. These include:

  • City Celebration
    This annual event is held at the Westlake Village Civic Center and celebrates the community through food and drinks, live shows, family activities, a dance party, and more. 
  • TGIF and Saturday Concerts in the Park
    Summer weekends bring free performances to residents every Friday at the Civic Center and free concerts every Saturday at the Berniece Bennett Park.
  • Fourth of July celebrations
    Westlake Village celebrates the Fourth of July with a parade, fireworks show, and festivities at the Berniece Bennett Park

Explore luxury real estate in Westlake Village, CA with The Pacitto Group

For over 30 years, my team and I have helped thousands of clients buy or sell a home in Westlake Village and the surrounding communities with resounding success. Our partnership with Sotheby’s International Realty has allowed us to grow and maintain a widespread network, which we leverage to help our clients achieve their real estate goals.

I like to think out of the box and always be on the cutting edge of real estate solutions. Your satisfaction is very important to us. Over the years, we have built our business largely on the strength of referrals from happy clients and real estate colleagues who have worked with us in closing the best deals.

While we specialize in luxury real estate, we love working with buyers and sellers of all budgets. Whether you’re looking for the perfect home in Westlake Village or putting your property on the market, we will work hard to help you achieve the best results.

Get in touch with us today at 805.494.4663 or drop us a message at teri(dotted)pacitto(at)sir(dotted)com

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