NOT LISTED FOR SALE

1012 Candlecrest Dr Westlake Village, CA 91362

Estimated Value: $4,390,000 - $6,250,000

7 Beds
7.5 Baths
6,723 Sq Ft
$796/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $2,600,000 $387 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $31,219/month

Highlights

  • Golf Course Community
  • Wine Cellar
  • Heated In Ground Pool
  • Westlake Hills Elementary School Rated A
  • Projection Room
  • Primary Bedroom Suite

About This Home

As of March 2023

THIS IMPRESSIVE CUSTOM DESIGNED ESTATE IS LOCATED ON A PRIVATE KNOLL WITH 3.5+ ACRES BEHIND THE PROMINENT GUARD GATED COUNTRY CLUB ESTATES. LARGE IRON DOOR ENTRY REVEALS A GRAND FOYER WITH A STUNNING TRAVERTINE STAIRCASE. THE MASTER SUITE HAS VAULTED CEILINGS, A SITTING AREA WITH FIREPLACE & A PRIVATE BALCONY FOR SUNNING & TAKING IN PANORAMIC VIEWS. THE EXTENDED MASTER BATH HAS TWO SEPARATE DRESSING AREAS, JACUZZI TUB , OVERSIZED SHOWER, & A LARGE PRIVATE DRESSING LOUNGE. ALL UPSTAIRS BEDROOMS HAVE ENSUITES & PATIOS WITH 3D VIEWS. CHEF?S GOURMET KITCHEN WITH LARGE ISLAND IS IDEAL FOR ENTERTAINING. ENJOY GATHERINGS IN THE SPACIOUS & BRIGHT DINING ROOM WITH VIEWS & DOUBLE DOORS OPENING TO OUTSIDE. A SEPARATE WINE TASTING ROOM IS JUST OFF THE DINING ROOM.THE FORMAL STEP DOWN LIVING AREA HAS AN OVER SIZED FIREPLACE & MORE SPECTACULAR VIEWS, THE DOWNSTAIRS HAS 2 SEPARATE BEDROOMS WITH ENSUITES FOR A MAID?S QUARTER OR GUEST ROOMS. OFFICE WITH COFFERED CEILING IS JUST OFF THE ENTRY. OUTDOORS OFFERS A LARGE ELEGANT POOL/JACUZZI WITH WATER FEATURE AS WELL AS A SEPARATE STYLISH GUEST HOUSE WITH FULL BATH & LOFT. THERE'S EVEN ROOM FOR VINEYARDS/ ORCHARDS. THIS VILLA IS STYLED AFTER THE ROMANCE OF TUSCANY & IS AN ESTATE TO CHERISH.

Last Agent to Rent the Property

TERESA OWEN

Red Brick Realty, Inc. License #01447263 Listed on: 02/03/2023

Last Renter's Agent

TERESA OWEN

Red Brick Realty, Inc. License #01447263 Listed on: 02/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,670

Year Built

  • Built in 1991

Lot Details

  • 3.54 Acre Lot
  • Rural Setting
  • Landscaped
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot
  • Lawn
  • Garden
  • Back and Front Yard
  • Value in Land

Parking

  • 4 Car Attached Garage
  • Up Slope from Street

Property Views

  • Panoramic
  • Golf Course
  • Woods
  • Canyon
  • Creek or Stream
  • Mountain
  • Hills
  • Meadow

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 6,723 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Projection Room
  • Home Office
  • Storage
  • Utility Room
  • Smart Home
  • Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Waterfall Pool Feature
  • Pool Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Hot Water Circulator
  • Gas Water Heater

Additional Features

  • Solar Heating System
  • Balcony

Listing and Financial Details

  • Security Deposit $25,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 12/10/21
  • Tax Lot 24
  • Assessor Parcel Number 6800272385

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,670

Year Built

Built in 1991

Lot Details

0

Parking

4

Rental Info

  • Available Date: 2021-12-10
  • Credit Check Paid By: Tenant
  • Deposit Security: 25000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fees: 1.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: Megan - TC
  • Other Phone Number: 714-425-0436
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 6800272385
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6723.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Storage, Two Story Ceilings, Vacuum Central, Wired for Data
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Levels: One
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 4.61
  • Room Type: Attic, Den, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Office, Projection, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • View: Canyon, Creek/Stream, Golf Course, Hills, Meadow, Mountain(s), Panoramic, Trees/Woods
  • Pool Features: Private, Heated, Gas Heat, In Ground, Tile, Waterfall
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Indoor Grill, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan, Warming Drawer, Water Heater
  • Heating Type: Central, Natural Gas, Solar
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Rural

Schools

  • School District: Conejo Valley Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Secluded, Sprinkler System, Treed Lot, Up Slope from Street, Value In Land
  • Lot Size Sq Ft: 153985.00
  • Lot Size Acres: 3.5350

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 153985.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2016
Closed on
Apr 21, 2017
Sold by
Lauer Paul A and Lauer Laura P
Bought by
Andreas Paul and Lauer Laura P
Seller's Agent
Rosanne Covy
Skyhill Properties
Buyer's Agent
Hrayr Saiyan
No Firm Affiliation
List Price
$3,675,000
Sold Price
$2,600,000
Premium/Discount to List
-$1,075,000
-29.25%
Current Estimated Value
$5,348,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,748,478
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Aug 3, 2016
Closed on
Jan 11, 2017
Sold by
Pennymac Corp
Bought by
Lauer Paul A and Lauer Laura P
Seller's Agent
Rosanne Covy
Skyhill Properties
Buyer's Agent
Hrayr Saiyan
No Firm Affiliation
List Price
$3,675,000
Sold Price
$2,600,000
Premium/Discount to List
-$1,075,000
-29.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,900
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2016
Sold by
Waldrep Donald J and Waldrep Lisa E
Bought by
Pennymac Corp

Purchase Details

Closed on
Jan 31, 2003
Sold by
Somani Mehrotra Sunil and Somani Mehrotra Pravina
Bought by
Waldrep Donald and Waldrep Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,880,000
Interest Rate
4.93%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andreas Paul -- None Available
Lauer Paul A $2,600,000 Title 365
Pennymac Corp $2,879,104 Accommodation
Waldrep Donald $2,350,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lauer Paul A $1,999,900
Previous Owner Waldrep Donald J $2,249,000
Previous Owner Waldrep Donald $2,160,000
Previous Owner Waldrep Donald $500,000
Previous Owner Waldrep Donald $2,177,500
Previous Owner Waldrep Donald $1,880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Rented $31,000 0.0% --
02/03/2023 02/03/23 For Rent $31,000 -3.1% --
01/18/2023 01/18/23 Rented $32,000 0.0% --
01/12/2023 01/12/23 For Rent $32,000 -8.6% --
07/24/2020 07/24/20 Rented $35,000 0.0% --
03/26/2020 03/26/20 Price Changed $35,000 -9.1% $5 / Sq Ft
03/03/2020 03/03/20 For Rent $38,495 0.0% --
03/02/2017 03/02/17 Sold $2,600,000 -29.3% $387 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $3,675,000 -- $547 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,670 $3,017,518 $1,961,388 $1,056,130
2024 $32,670 $2,958,351 $1,922,929 $1,035,422
2023 $31,797 $2,900,345 $1,885,225 $1,015,120
2022 $31,111 $2,843,476 $1,848,260 $995,216
2021 $30,471 $2,787,722 $1,812,020 $975,702
2020 $29,965 $2,759,140 $1,793,441 $965,699
2019 $29,087 $2,705,040 $1,758,276 $946,764
2018 $28,458 $2,652,000 $1,723,800 $928,200
2017 $33,780 $3,162,000 $2,055,300 $1,106,700
2016 $31,069 $2,875,144 $1,590,506 $1,284,638
2015 $30,503 $2,831,959 $1,566,616 $1,265,343
2014 $30,052 $2,776,486 $1,535,929 $1,240,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23019438

California Regional Multiple Listing Service (CRMLS)

APN: 680-0-272-385