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ActiveSingleFamilyResidence

1285 Falling Star Avenue

Westlake Village, CA, 91362

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$4,395,000

MLS: 26864133

Beds

5

Baths

5

Sq Ft

4,886

Lot

0.46 ac

Year Built

1990

MLS #

26864133

Days on Market

30

Listed

Jul 24, 2026

Description

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.

Location

Westlake Village, Ventura County, CA 91362

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Listed by: Joshua Altman · Douglas Elliman of California, Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$31,959

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $439,500 · Loan: $3,955,500

%

Average 30-yr fixed rate 6.65% as of Aug 20, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$25,393
Property tax (1.25%)
$4,578
Homeowners insurance
$300
Mortgage insurance
$1,648
HOA dues
$40
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Aug 20, 2026

30-year fixed
6.65%
15-year fixed
5.95%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Westlake Village home with as little as 3.5% down using an FHA loan — roughly $153,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Thousand Oaks, CA 91362 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.