31015 Lexington Way
Westlake Village, CA, 91361
$875,000
MLS: 226002650
Beds
2
Baths
3
Sq Ft
1,407
Lot
20.45 ac
Year Built
1983
MLS #
226002650
Days on Market
7
Listed
Jun 5, 2026
Description
Welcome to The Westlake Colony, a highly desirable gated community in Westlake Village.You'll be impressed as soon as you walk through the front door of this beautifully updated home, with the vaulted ceilings, open floor plan and real wood flooring that adds a warm, sophisticated touch. The kitchen offers quartz countertops, stainless steel appliances, white shaker cabinets and tile backsplash. Other features include plantation shutters, double pane windows, fresh paint, including the fireplace and cabinet area in the living room with a new quartz countertop, automatic lighting in the dining area and entry, and new lighting in the powder room. A sliding glass door in the living room takes you to a gorgeous backyard, one of the larger in the complex. As you step outside you're greeted by a stunning display of lush plants, palm trees and a beautiful mountain view, perfect for relaxing and outdoor living. The automatic sprinkler system helps keep everything fresh and vibrant. In the evening, turn on the Philips Hue lighting with app control to create the perfect ambience. Upstairs the extra large primary bedroom, with sitting/office/workout area, has a beautiful mountain view, balcony, ceiling fan, en-suite bathroom that has been remodeled with a new quartz countertop vanity, shower, lighting and Toto toilet and has a skylight. The second bedroom also has its own remodeled en-suite bathroom, balcony and ceiling fan. Other extras include a Nest thermostat system and Ring security system with cameras in front, side and backyard areas. The community features a sparkling pool, spa and tennis/pickelball court. Nearby you'll find many stores and smaller shops, a variety of grocery stores, lots of restaurants including Stonehaus, Crawford's Social, Mediterraneo, Coin & Candor at the 4 Seasons, Boccacio's on the lake and more. Costco and Target are not too far away.
Location
Westlake Village, Los Angeles County, CA 91361
Open on Google Maps ↗Listed by: Janet Morton · Morton Donovan
Payment estimate
$7,087
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $87,500 · Loan: $787,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,988
- Property tax (1.25%)
- $911
- Homeowners insurance
- $300
- Mortgage insurance
- $328
- HOA dues
- $560
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $30,625 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 Westlake Village, CA 91361 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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