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ActiveSingleFamilyResidence

1565 Falling Star Avenue

Westlake Village, CA, 91362

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$3,150,000

MLS: 226004425

Beds

5

Baths

5

Sq Ft

4,250

Lot

0.48 ac

Year Built

1988

MLS #

226004425

Days on Market

24

Listed

Sep 22, 2026

Description

Over $130,000 invested in recent upgrades, creating an exceptional turnkey opportunity in one of North Ranch's most desirable neighborhoods.Tucked within the coveted Whitehawk neighborhood of North Ranch, this signature home captures breathtaking mountain views and delivers the lifestyle today's luxury buyers crave.Nestled on a rare and private half-acre corner lot, this stunning Spanish-style residence offers the perfect blend of timeless elegance, exceptional craftsmanship, and resort-inspired living. From the moment you enter, soaring spaces and warm architectural details create a sense of grandeur. The formal living room, anchored by a beautiful fireplace, flows effortlessly into the elegant dining room, where french doors frame spectacular views of the backyard retreat. At the heart of the home, the gourmet kitchen is designed to impress, featuring a large center island, Sub-Zero refrigerator and freezer, Dacor ovens, five-burner cooktop, microwave, and Viking wine refrigerator, all opening to the expansive family room with soaring ceilings, custom built-ins and a second fireplace.Thoughtfully designed for both everyday living and entertaining, the flexible floor plan includes five bedrooms and four-and-a-half baths, including a main-level bedroom with full bath. The spacious primary suite serves as a private sanctuary, complete with a luxurious bath, walk-in closet, statement fireplace and serene views. Also upstairs are two secondary bedrooms and a full bathroom. A detached guest casita above the three-car garage offers its own full bath, providing the perfect space for guests, multigenerational living, a private office, or creative studio.Step outside and discover your own resort. Lush landscaping surrounds a sparkling pool and spa, fire pit, and expansive terraced patios designed for unforgettable gatherings or peaceful evenings under the stars. Every corner of the property has been thoughtfully curated to maximize privacy, beauty, and connection to the surrounding natural landscape. Move-in ready with newly refinished wood floors, fresh interior paint throughout, all-new carpeting, updated fixtures, and LED lighting enhancements. Major system upgrades include three new HVAC systems, new water heater, refinished garage doors, and an updated dishwasher with filtration system. Backyard has been extensively enhanced with a newly resurfaced pool featuring Aqua Glass finish and new tile, updated pool equipment and filtration system, app-controlled pool lighting, custom carriage lights, refreshed landscaping, artificial turf, and rebuilt perimeter fencing. Additional improvements include exterior cleaning and touch-ups, gutter maintenance and a high-end newer tile roof.Just minutes from North Ranch Country Club, championship golf, scenic hiking trails, premier shopping, dining, and award-winning schools, this extraordinary estate represents a rare opportunity to own one of North Ranch's most desirable settings.Schedule your private tour today before this exceptional opportunity is gone.

Location

Westlake Village, Ventura County, CA 91362

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Listed by: Victoria Stephen · Coldwell Banker Realty

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

$24,431

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $315,000 · Loan: $2,835,000

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$19,629
Property tax (1.25%)
$3,281
Homeowners insurance
$300
Mortgage insurance
$1,181
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 Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

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 $110,250 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.

★#1 Producing Individual Realtor, Antelope Valley

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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.