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ActiveSingleFamilyResidence

498 Lakeview Canyon

Westlake Village, CA, 91362

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$4,750,000

MLS: SR26123524

Beds

5

Baths

6

Sq Ft

5,557

Lot

1.13 ac

Year Built

1996

MLS #

SR26123524

Days on Market

56

Listed

Jun 19, 2026

Description

Nestled in the prestigious, guard-gated Country Club Estates of North Ranch Country Club (Thousand Oaks/Westlake Village), this timeless single-story custom estate rests on a sprawling 1-acre plus lot. Boasting sweeping mountain views from every room, freshly painted and new carpeting thought-out 5-bedroom, 6-bathroom retreat offers ultimate privacy and luxury living. Interior Highlights • Grand Foyer & Living Spaces: An inviting foyer introduces an oversized great room with a fireplace and a wet bar, perfect for hosting. The opposite wing features a formal living room with a marble fireplace and high-volume trey ceilings. • Chef’s Kitchen: The gourmet kitchen includes a large island, breakfast bar, and sunny nook. It is fully equipped with top-tier appliances, including a double-wide commercial Sub-Zero refrigerator/freezer, gas cooktop, double electric ovens, and expansive granite countertops. • Formal Dining: An elegant dining room sits adjacent to the kitchen, featuring trey ceilings and seamless access to the outdoors. • Master Suite: A peaceful sanctuary offering a private fireplace and French doors leading to the backyard oasis. The enormous en-suite bath features a jetted tub, dual jetted shower, separate vanities, and a massive walk-in closet. • Guest & Staff Quarters: Features three additional guest suites, each with its own full bath, walk-in closets, and French doors to the yard. An additional office/bedroom with a full bath and oversized laundry room provides an ideal setup for live-in staff. Entertainer’s Backyard & Grounds • Resort-Style Pool & Dining: Step through numerous French doors into a private, secluded retreat featuring a mini-Olympic size pool, outdoor kitchen, outdoor shower, and a remodeled outdoor pool bath. • Lush Gardens: The opposite side of the grounds boasts a lush, landscaped haven with fruit trees, mature greenery, rose bushes, and an Italian-inspired fountain—perfect for warm evenings. Premium Upgrades & Amenities • Freshly painted interiors and new carpeting throughout. • Newer HVAC units and a spacious 3-car garage. • Total privacy and panoramic mountain views. WELCOME HOME!

Location

Westlake Village, Ventura County, CA 91362

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Listed by: Rosanna Falocco · Dalton Wade, 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

$35,525

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $475,000 · Loan: $4,275,000

%

Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$27,501
Property tax (1.25%)
$4,948
Homeowners insurance
$300
Mortgage insurance
$1,781
HOA dues
$995
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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 13, 2026

30-year fixed
6.67%
15-year fixed
5.96%

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 $166,250 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

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.