1517 Falling Star Avenue
Westlake Village, CA, 91362
$3,199,950
MLS: 226004791
Beds
5
Baths
4
Sq Ft
4,200
Lot
0.47 ac
Year Built
1988
MLS #
226004791
Days on Market
2
Listed
Oct 8, 2026
Description
Completely Renovated North Ranch Showstopper! Gorgeous and extensively renovated, this exceptional North Ranch residence offers 5 bedrooms, a dedicated office, and 3.5 bathrooms in a light-filled, open, and expanded floor plan of approximately 4,200 sq. ft. Set on a premium lot of nearly half an acre, this beautifully updated home blends sophisticated style, comfortable living, and an incredible resort-like backyard.The elegant living room features a gorgeous fireplace and French doors, while the formal dining area is ideal for entertaining. The completely remodeled gourmet kitchen showcases beautiful white countertops, gorgeous custom wood cabinetry and Miele stainless-steel appliances.The luxurious primary suite features two walk-in closets and an adjoining office with its own fireplace. The remodeled primary bathroom includes a spa tub and large separate shower. Two additional upstairs bedrooms share a convenient Jack-and-Jill bath, while two bedrooms and 1.5 baths are located downstairs. One of the downstairs bedrooms features a private ensuite bath, offering an ideal setup for guests or multigenerational living.Numerous upgrades include white oak flooring, wrought-iron railing and stunning lighting fixtures. The indoor laundry room features custom built-ins and a sink, while thoughtfully organized closets provide abundant storage throughout. The home is also equipped with solar panels, three Tesla Powerwall batteries and 2 EV car chargers, providing enhanced energy efficiency and energy storage.The sensational backyard is an entertainer's dream, complete with a breathtaking pool, spa, waterfall, built-in barbecue, fire pit, and expansive grassy area. The approximately half-acre premium lot backs to majestic mature oak trees and an arroyo, creating a peaceful and private setting. Ideally located in the highly sought-after North Ranch community with access to award-winning Conejo Valley schools, nearby hiking trails, shopping, and restaurants. A rare opportunity to own a completely renovated, expansive home on an exceptional lot in one of Thousand Oaks' most desirable neighborhoods. Professional photography coming soon.
Location
Westlake Village, Ventura County, CA 91362
Open on Google Maps ↗Listed by: Scott Ange · RE/MAX ONE
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
$24,657
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $319,995 · Loan: $2,879,955
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $19,783
- Property tax (1.25%)
- $3,333
- Homeowners insurance
- $300
- Mortgage insurance
- $1,200
- HOA dues
- $40
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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $111,998 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
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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