Over $130,000 invested in recent upgrades, creating an exceptional turnkey opportunity in one of North Ranch's most desirable neighborhoods.
Tucked within the coveted Whitehawk neighborhood of North Ranch, this signature home captures breathtaking mountain views and delivers the lifestyle today's luxury buyers crave.
Nestled on a rare and private half-acre corner lot, this stunning Spanish-style residence offers the perfect blend of timeless elegance, exceptional craftsmanship, and resort-inspired living.
From the moment you enter, soaring spaces and warm architectural details create a sense of grandeur. The formal living room, anchored by a beautiful fireplace, flows effortlessly into the elegant dining room, where french doors frame spectacular views of the backyard retreat. At the heart of the home, the gourmet kitchen is designed to impress, featuring a large center island, Sub-Zero refrigerator and freezer, Dacor ovens, five-burner cooktop, microwave, and Viking wine refrigerator, all opening to the expansive family room with soaring ceilings, custom built-ins and a second fireplace.
Thoughtfully designed for both everyday living and entertaining, the flexible floor plan includes five bedrooms and four-and-a-half baths, including a main-level bedroom with full bath. The spacious primary suite serves as a private sanctuary, complete with a luxurious bath, walk-in closet, statement fireplace and serene views. Also upstairs are two secondary bedrooms and a full bathroom. A detached guest casita above the three-car garage offers its own full bath, providing the perfect space for guests, multigenerational living, a private office, or creative studio.
Step outside and discover your own resort. Lush landscaping surrounds a sparkling pool and spa, fire pit, and expansive terraced patios designed for unforgettable gatherings or peaceful evenings under the stars. Every corner of the property has been thoughtfully curated to maximize privacy, beauty, and connection to the surrounding natural landscape.
Move-in ready with newly refinished wood floors, fresh interior paint throughout, all-new carpeting, updated fixtures, and LED lighting enhancements. Major system upgrades include three new HVAC systems, new water heater, refinished garage doors, and an updated dishwasher with filtration system. Backyard has been extensively enhanced with a newly resurfaced pool featuring Aqua Glass finish and new tile, updated pool equipment and filtration system, app-controlled pool lighting, custom carriage lights, refreshed landscaping, artificial turf, and rebuilt perimeter fencing. Additional improvements include exterior cleaning and touch-ups, gutter maintenance and a high-end newer tile roof.
Just minutes from North Ranch Country Club, championship golf, scenic hiking trails, premier shopping, dining, and award-winning schools, this extraordinary estate represents a rare opportunity to own one of North Ranch's most desirable settings.
Schedule your private tour today before this exceptional opportunity is gone.
For sale
$3,150,000
1565 Falling Star Ave, Thousand Oaks, CA 91362
5beds
4,250sqft
Single Family Residence
Built in 1988
0.48 Acres Lot
$2,969,900 Zestimate®
$741/sqft
$40/mo HOA
What's special
Sparkling pool and spaSecond fireplaceBeautiful fireplaceStatement fireplaceStunning spanish-style residenceGourmet kitchenLarge center island
- 33 days
- 1,233
- 75
Zillow last checked:
Listing updated:
Listed by:
Victoria Stephen DRE #02216433,
Coldwell Banker Realty
Source: CSMAOR,MLS#: 226004425
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central Furnace, Natural Gas
Cooling
- Central Air, Zoned
Features
- Granite Counters, Pantry, Formal Dining Room, Kitchen Island
- Flooring: Carpet, Stone Tile, Wood/Wood Like
- Doors: Double Door Entry
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove, Decorative, Fire Pit, Living Room
Interior area
- Total structure area: 4,250
- Total interior livable area: 4,250 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/Steps
- Has private pool: Yes
- Pool features: Gas Heat, Heated & Filtered
- Has spa: Yes
- Spa features: Heated - Gas, In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.48 Acres
- Features: Back Yard, Front Yard, Landscaped, Corner Lot
Details
- Additional structures: Guest House Attached, Guest House/Casita, Guest House Attached, Guest House/Casita
- Parcel number: 6890082015
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1988
Community & HOA
Community
- Security: Exterior Security Lights
HOA
- Has HOA: Yes
- Amenities included: Park, Trail(s), Landscaping
- HOA fee: $120 quarterly
- HOA name: Westlake Ranch Property Owners Association
- HOA phone: 805-413-1170
Location
- Region: Thousand Oaks
Financial & listing details
- Price per square foot: $741/sqft
- Tax assessed value: $2,129,669
- Date on market: 9/23/2026
- Cumulative days on market: 35 days
- Listing terms: Lease Option,Conventional
Estimated market value
$2,969,900
$2.82M - $3.12M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listing removed | $13,000$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/23/2026 | Listed for sale | $3,150,000+71.7%$741/sqft |
Source: | ||
| 8/23/2017 | Sold | $1,835,000-2.1%$432/sqft |
Source: | ||
| 7/27/2017 | Pending sale | $1,875,000$441/sqft |
Source: Berkshire Hathaway HomeService #217003672 Report a problem | ||
| 7/1/2017 | Price change | $1,875,000-3.8%$441/sqft |
Source: Berkshire Hathaway HomeService #217003672 Report a problem | ||
| 4/4/2017 | Listed for sale | $1,950,000+9.9%$459/sqft |
Source: Berkshire Hathaway HomeServices California Realty #217003672 Report a problem | ||
| 8/17/2010 | Listing removed | $1,775,000$418/sqft |
Source: Prudential California Realty #10004834 Report a problem | ||
| 3/25/2010 | Listed for sale | $1,775,000$418/sqft |
Source: Prudential Real Estate #10004834 Report a problem | ||
| 12/12/2009 | Listing removed | $1,775,000$418/sqft |
Source: Prudential California Realty #90018939 Report a problem | ||
| 11/21/2009 | Listed for sale | $1,775,000+26.1%$418/sqft |
Source: Prudential Real Estate #90018939 Report a problem | ||
| 11/18/2003 | Sold | $1,407,500$331/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,129,669 +2% |
| 2025 | $23,565 +5% | $2,087,911 +2% |
| 2024 | $22,446 | $2,046,972 +2% |
| 2023 | $22,446 +2.4% | $2,006,836 +2% |
| 2022 | $21,916 +2.3% | $1,967,487 +2% |
| 2021 | $21,423 +1.9% | $1,928,909 +1% |
| 2020 | $21,033 +3.2% | $1,909,133 +2% |
| 2019 | $20,389 +2.3% | $1,871,700 +2% |
| 2018 | $19,933 +6.5% | $1,835,000 +6.4% |
| 2017 | $18,725 +1.2% | $1,724,272 +2% |
| 2016 | $18,512 +8.5% | $1,690,464 +8.4% |
| 2015 | $17,063 -2% | $1,560,000 -1.8% |
| 2014 | $17,408 | $1,588,000 -1.9% |
| 2013 | -- | $1,619,000 +17.4% |
| 2012 | -- | $1,379,000 +7.5% |
| 2011 | -- | $1,283,000 -7.2% |
| 2009 | -- | $1,383,000 -7.4% |
| 2007 | -- | $1,493,648 +2% |
| 2006 | -- | $1,464,362 +2% |
| 2005 | -- | $1,435,650 +127.3% |
| 2003 | -- | $631,717 +2% |
| 2002 | -- | $619,331 +2% |
| 2001 | $6,842 +2.9% | $607,188 +2% |
| 2000 | $6,652 | $595,283 |
Find assessor info on the county website
Monthly payment
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