ActiveResidential · sale

1697 W Potrero Road

Westlake Village, CA 91361

$14,995,000

  • 8 beds
  • 11 baths
  • 12,811 sq ft
  • 21.97 acres
  • Built 2020

Listed by The Agency · MLS #26635229

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1697 W Potrero Road, Westlake Village, CA 91361 · MLS #26635229

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

En route to the guest house, sits the repurposed bull-pen.

Living spaces

Pass the owner's study, and enter the open plan great room, finding the dining area to the right and living room to the left.

Details worth a look

At its summit, the lane opens onto a dramatic courtyard, with breath-taking, sweeping views.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

1697 Potrero Road and its breath-taking views sits behind twin, dove-white, four-rail fencing. Beyond its gated entrance lies a private lane that meanders its way uphill. Bordered by beds of wild flowers, clusters of lavender, pockets of iris and bursts of crimson bottlebrush, this is a journey that celebrates flora and fauna. At its summit, the lane opens onto a dramatic courtyard, with breath-taking, sweeping views. One of the newest homes in prestigious Hidden Valley, this is a grand and unique hybrid of traditional Cape Cod architecture and contemporary Californian lifestyle. The path to the front door is flanked by a car collector's garage-cum-gallery and a vista-framing car port. With ceilings that reach 29ft, and a view upon entry from one end to the other, the scale of this house is magnificent. Pass the owner's study, and enter the open plan great room, finding the dining area to the right and living room to the left. With pillared, vaulted ceilings, an abundance of natural light, the coziness of a roaring fire, as well as retracting glass doors to an external dining area, this is a home that offers indoor-outdoor living without constraint, and that can be formal or familial, and everything in between. The family room features a chef's kitchen, top-of-the-range appliances, peninsula high-top seating, lounge area, fireplace, under those same soaring ceilings, and it (and the games room) boasts pocket glass doors that stand 10ft high. These retracting walls of glass offer phenomenal views over the valley and Santa Monica mountains ahead, and provide direct access to the vast outdoor entertaining areas and gardens. This covered patio features a full working kitchen, barbecue, wet bar, island, and fire pit. Beyond the family room is a games and entertaining room, with multiple televisions, arcade games, ample space for ping-pong or pool, also offering unparalleled views of sunsets, rolling hills, and the gardens, mountain ranges and estates below. The bright and spacious primary suite offers equally primary views, a lounge and bar area, luxurious spa-like bathroom, gym, walk-in closet, and its own laundry. With a private terrace off the main bedroom, perfect for sunrise breakfasts, this is a suite to behold. The two story, west wing features five further bedrooms, four en-suite, two lounge areas, a kitchenette, terrace, and direct access to the rear garden and volleyball/badminton green. The main house features a salon, laundry, and walk-in pantry, as well as a guest's powder room. The landscaped gardens are as adept at offering a place to relax and admire the views, as they are at hosting a game of croquet, boules, or even for some decompressing yoga overlooking the neighboring vineyard. En route to the guest house, sits the repurposed bull-pen. This charming, octagonal structure, with its own distinct vantage point and abundance of natural light, is currently used as an artist's studio. The guest house has been constructed, equipped, and decorated to the same exacting standards as the main house. The house features the blue stone, architectural details, soaring ceilings, and feel of the main house, yet delights in a very different setting, nestled amongst the trees. The 1,789sq ft guest house features one main entertaining room, a galley kitchen, two en-suite bedrooms, and one further bathroom; as well as a covered, outdoor kitchen, barbecue, lounge and dining area, measuring approximately 1,000sq ft. The guest house's landscaped rear garden leads to fully rebuilt and beautifully restored stables. Offering a reception room, tack room, hay loft, and five stalls, these exquisite stables would bring a smile to the face of any equine enthusiast. This magical estate is like no other: unique in its architectural magnificence; privileged in its elevated vantage point; maximizing the use of its uninterrupted 360 degree, sweeping views; impeccable in its design, construction, and landscaping; and a rarity being such a new home.

THE NEIGHBORHOOD

Explore the location.

1697 W Potrero Road, Westlake Village, CA 91361

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2020
Full baths
7
Half baths
4
Garage spaces
6
Heating
Electric,Fireplaces,Propane
Appliances
Barbecue,BuiltIn,Dishwasher,Microwave,Dryer,Washer
Flooring
Stone,Wood
Spa
Yes
Zoning
RE20AC
Parcel
6730420085
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$62,479.17
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #26635229 · California Regional MLS

Listing brokerage: The Agency
Listing agent: Gideon Lang-Laddie

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.