Westlake Village home and condo appraisals for estates, trusts, and taxes
Lakeside master-planned city of association neighborhoods on the Ventura County line
Westlake Village is the Los Angeles County share of a master-planned community that straddles the Ventura County line; it incorporated in 1981 after about two-thirds of the original development had been annexed to Thousand Oaks. Trustees and heirs here often need values for lakefront homes, condominiums and townhomes, and houses in association neighborhoods, sometimes with family property on both sides of the line.
- Location
- Westlake Village is an incorporated city in the Santa Clarita & Las Virgenes region of Los Angeles County
- ZIP codes
- 91361, 91362
- Properties
- Single-family homes and condominiums
- Fees
- $449 Standard Desktop, $299 Basic Desktop
- Delivery
- 3+ business days
Homes in Westlake Village
The American-Hawaiian Steamship Company bought the 12,000-acre ranch in 1963 and commissioned a master plan for a city in the country; development began in 1966 and the lake was completed in 1969. Housing includes lakefront residences, single-family neighborhoods, townhomes, condominiums, view estates, and mobile homes. The city describes about twenty neighborhoods with active homeowners associations, among them the First Neighborhood, Lakeshore, and Three Springs communities.
What moves value in Westlake Village
Lake frontage, water views, and boat docks draw the strongest interest, and gated or view neighborhoods form another tier. Business parks along the Ventura Freeway and access to both the San Fernando and Conejo valleys support demand, and buyers often weigh the city against the Thousand Oaks side of the original development.
Neighborhoods and tracts
- First Neighborhood
- Lakeshore
- Three Springs
- Russell Ranch area
- Foxfield area
- Canyon Oaks area
Local reference points: Westlake Lake, whose waters the city shares with Thousand Oaks, Three Springs and Russell Ranch parks, Westlake Village Community Park, and Lindero Canyon Road are key reference points.
Appraisal considerations in Westlake Village
A Westlake Village mailing address can fall in either county, so we confirm the county and city of each property. For lakefront homes we verify lake rights, dock access, and association rules, and dues and special assessments are documented for every neighborhood. Hillside parcels near open space, where the 2018 Woolsey Fire also burned, warrant attention to fire exposure.
Can sales on the Thousand Oaks side of Westlake be used for a home in Westlake Village?
Yes, when they are truly comparable. Both sides share the original master plan, but property taxes, assessments, city services, and school assignments can differ, so we first look within the city and adjust for any differences buyers recognize.
Reports we prepare for Westlake Village properties
Each is a certified desktop appraisal of a single-family home or condominium, as of a current or past date.
- Date-of-Death Appraisals
- Step-Up in Basis Appraisals
- Trust Administration Appraisals
- Estate Settlement & Estate Tax Appraisals
- Gift Tax Appraisals
- Prop 19 Parent-Child Transfer Appraisals
- Divorce & Date-of-Separation Appraisals
- Family Sale & Co-Owner Buyout Appraisals
- Retrospective Appraisals
Reviewed November 2026.
Need a value for a Westlake Village property?
Send the address and the date the value is needed for. We confirm the property and the fee within one business day; the report is delivered in 3+ business days.