See Home Value
$1,700,000
● House - Off Market

5516 Via Olas

Newbury Park, CA 91320
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,175 Ft²
$2,664,539
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

One of a Kind! Absolutely Enchanting Single Story Private Palermo Gated Estate in Dos Vientos. Residing on approx 1.5 acres nestled at the end of a cul de sac. The expansive  grounds are Truly Spectacular Boasting of the Best Views imaginable all with ultimate Privacy.  Enjoy amazing Sunrises and incredible Sunsets.One would think you walked into a Storybook. Featuring  4 bedrooms, 3 1/2 baths, library/office w/fireplace in the Main house.Casita features a full bath,kitchenette,brand new woodlike tile  floors, fireplace and closet. Formal entrance welcomes you to a light ,bright  Stunning Open floor plan w/ Maple Hardwood floors and Travertine throughout,designer carpet, New Custom Designer Paint throughout , recessed lighting and surround sound. Chef's kitchen w/granite counters ,built in frig,S&S appliances,butler's pantry & a built in desk. Opens to Spacious Family room w/a fireplace,built in Media center w/views to a Breathtaking,lush,tranquil Enchanting backyard an Entertainer's delight, built in BBQ, Basketball sport court. Master suite w/built in &large walk in closet, luxurious remodeled bath sunken tub w/spa jets &travertineSecondary bdrms.w/ensuite baths & jack/jill set up. This is your Dream Home! Calif Distinguished Sycamore Canyon K-8 School.
Unit Size
4,175 Ft²
Days on Market
56 days
Land Size
1.44 acres
Price per sqft
$419
Property Type
House
Property Taxes
-
HOA Dues
$290
Year Built
2002

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Last updated: 2 days ago (CRMLS #218003345)

Price History

Date / Event Date Event Price
Feb 4, 2026 Sold
Sold
Jan 23, 2026 In contract -
In contract
Jan 15, 2026 Listed by Equity Union Real Estate $2,900,000
Listed by Equity Union Real Estate
A refined blend of timeless design and true California indoor-outdoor living, set on nearly 1.5 acres at the end of a quiet cul-de-sac within the gated Palermo community of Dos Vientos.From the moment you arrive, this single-story estate makes a lasting impression. Step inside and be guided through light-filled spaces defined by wide-plank engineered wood flooring, custom crown molding throughout, new windows and doors, and carefully curated designer lighting all part of an extensive remodel that began in 2021.At the heart of the home is a statement kitchen, thoughtfully designed for both everyday living and effortless entertaining. Anchored by a generous center island, the kitchen features quartz countertops, a built-in refrigerator, dual dishwashers, two sinks, and soft-close cabinetry and drawers combining luxury with exceptional functionality. The kitchen flows seamlessly into the family room, where expansive accordion doors open wide to the covered patio, creating a true indoor-outdoor experience.The floor plan offers exceptional flexibility with two primary suites, allowing the future owner to decide which best fits their lifestyle. The original primary suite is generously sized and privately situated, while the second primary suite completed in 2023 is accessed through a den that can serve as a home office. This newer suite features a spacious walk-in closet and a well-appointed primary bath, creating a serene sanctuary within the home.In total, the main residence offers five bedrooms and four-and-a-half bathrooms, all thoughtfully laid out on a single level. The additional bedrooms and bathrooms have also been remodeled, maintaining the same level of quality and finish found throughout the home.A detached casita with its own bedroom and full bath offers a private, self-contained space separate from the main residence ideal for an in-law suite, nanny quarters, guest accommodations, or a flexible retreat tailored to the new owner's needs.Outdoors, a resort-style backyard unfolds, framed by mountain views and exceptional privacy. Completed in 2024, the outdoor kitchen features a built-in BBQ, two burners, a warming drawer, sink, and bar-height seating, all set beneath a wood pergola structure ideal for entertaining. A custom fire pit creates a natural gathering space for evenings under the stars. The grounds are further enhanced by mature citrus trees, including lemon, lime, orange, and pomegranate, adding both charm and a true California lifestyle element. Steps lead up the hillside to an elevated seating area and a private bocce ball court, creating a truly unique outdoor retreat.The two-car garage is finished with an epoxy floor and recessed can lighting, offering versatility beyond traditional parking. Whether used as a home gym, workshop, creative space, or casual hangout area, this space is designed to adapt to a variety of lifestyles.Additional highlights include an updated HVAC system with new ductwork, Tesla solar with four Tesla Powerwalls, a three-car garage, a striking temperature-controlled wine wall, and access to nearby hiking trails, parks, and the natural beauty that defines Dos Vientos.Spanning approximately 4,875 square feet and thoughtfully designed to accommodate a variety of lifestyles, this single-story estate is set within one of the area's most sought-after gated communities, offering an exceptional blend of space, privacy, and refined living.
Oct 9, 2020 Sold
Sold
Jun 10, 2020 Listed by McQueen & Associates $1,845,000
Listed by McQueen & Associates
Exceptional Rarely Available Single Story Estate With Casita in Gated Palermo! Huge Lot on Almost 1.5 Acres Backing Open Space at End of Cul-de-sac. Private Entertainer's Yard with Spectacular Mountain & Sunset Views. Beautifully Manicured Grounds w/Expansive lawns, Lush Landscaping, Fruit Trees, BBQ Center, Big Fountain, Basketball Sport Court, Patios. Casita w/Full Bath, Fireplace & Kitchenette. Main House Features Light & Bright Open Floor Plan with 4 Bedrooms & 3 1/2 Baths, Office/Bonus Room. Gorgeous Maple Wood and Travertine Floors Throughout, Recessed Lighting, Surround Sound, Designer Paint & Carpet. Gourmet Kitchen with Big Island, Granite Counters & Stone Splash, Built-in Frig, Stainless Appliances, White Cabinets, Butler's Pantry & Built-in Desk. Opens to Spacious Family Room w/Raised Hearth Stone Fireplace & Built-in Media Center. Elegant Living Room w/Fireplace & Separate Formal Dining Room. Private Master Suite w/Custom Built-in Cabinets, Walk-in Closet, Luxurious Travertine Bath w/Tub w/Jets, Dual Vanities. Large Secondary Bedrooms w/Jack & Jill Bath, One Ensuite. 3 Car Garage, Wonderful Curb Appeal. Close to Parks, Hiking Trails. Incredible Home!
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 658
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,751
  • Total Building Area: 3,735
  • Gross Building Area: 3,735
  • Building Area: 3,735
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,735
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 4963 2
  • Land Acres: 0000001441
  • Standard Land Use Code: 1001
  • County Land Use Code: 1111
  • Legal Description 1: TRACT: 496302 LOT: 310 REF: 135MR 27

Neighborhood

  • School District Name: Conejo Valley Unified School District
  • Census Tract: 005804

Zoning

  • Zoning: RPD1

Geography

  • Assessors Map Reference: 135MR 27
  • District: 08
  • Subdivision Tract Number: 496302
  • Parcel: 236-0-240-115
  • Block: 240
  • Lot: 310
  • Municipality: THOUSAND OAKS
  • Latitude: 34.1728
  • Longitude: -118.993

    Address

  • Full Address: 5516 Via Olas
  • Address - House Number: 5516
  • Address - Street Name: Via Olas
  • State: CA
  • City Name: Newbury Park
  • Carrier Code: R008
  • 4-Digit Zip Code: 6889
  • Zip Code: 91320

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,015,022
  • Tax Rate Code Area: 08-402

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 77
  • Final Value: 1,895,597
  • High Value: 2,228,646
  • Low Value: 1,562,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,872,720
  • Assessed Land Value: $1,217,268
  • Assessed Improvements Value: $655,452

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 20201009-00166508
  • Previous Sale Recording Date: May 16, 2018
  • Previous Sale Contract Date: Apr 13, 2018
  • Previous Sale Amount: $1,700,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Thousand Oaks


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Frequently Asked Questions

When was property at 5516 Via Olas built and last sold?
The property at 5516 Via Olas was built in 2002 and last sold on Aug 18, 2020 for $1,800,000.
How much is this home worth?
The estimated value of the home located at 5516 Via Olas is $2,929,000.
What are some comparable homes to 5516 Via Olas?
There are currently no comparable homes to 5516 Via Olas.