Watergate Townhomes
Westlake Village, CA | $750k-$900k
Watergate Townhomes
Watergate draws buyers with its affordability and central location. These single family townhomes are literally walking distance from some of Westlake’s greatest, and a short drive to pretty much everything else. Not to brag, but even Westlake Lake is only about a half mile away with waterfront restaurants and killer views.
Westlake Village | The Overview
Curious what it’s really like to live in Westlake Village beyond this neighborhood? From lake lifestyle and dining to schools, pricing, and how it compares to nearby towns, here’s the full local breakdown.
Watergate | Quick Take
Townhomes a half mile from Westlake Lake, with low maintenance built in.
- Location Is the Main Draw: Walking distance to some of Westlake’s best spots, with the lake and waterfront restaurants about a half mile away. Easy access without the single-family price tag.
- Low Maintenance by Design: Smaller yards mean less weekend upkeep. For busy buyers or retirees who don’t want to deal with it, that’s a real selling point.
- The Trade-off: Early 70s construction, so older systems are common even in remodeled units. And there’s no three-bedroom floor plan; everything tops out at two bedrooms.
- Bottom Line: A good fit for first-time buyers, downsizers, and anyone who wants a Westlake Village address and low-maintenance living without needing a third bedroom.
MICHAEL RICE, Conejo Valley Guy | Let's Connect!
Quick Facts at A Glance
Typical Price Range
$750k-$900k
Home Size (SQ FT)
1131-1229
Number of Homes (Approx.)
100
Bedrooms
2
Year Built
early 70s
Watergate Floor Plans
What's To Love
Low maintenance. Of course, every home requires care, but with smaller yards these townhomes are great for the busy bodies that don’t look forward to weekly gardening and heavy duty upkeep.
What's Not To Love
The usual issue of a 40+ year old home, although many have already been gutted at this point. Older homes often have older systems so you may need to budget for some upgrades. There is no 3 bedroom model (that’s a typo in the video).
Who Should Look Here
First time home buyers and retirees make up the bulk of Watergate neighbors. Many young families call it home too. Low maintenance and easy access to restaurants and boutiques make it an ideal place to get your feet wet in Westlake Village.
Hi, I’m Michael
These neighborhood profiles are designed to go beyond what you’ll find on Zillow or Redfin. After 25+ years working in the Conejo Valley and profiling more than 165 neighborhoods, I’ve learned that the small differences between communities often matter the most.
Homes for Sale in Watergate
Watergate Market Snapshot
This snapshot shows recent sales activity in Watergate to give a general sense of how the neighborhood has been performing over time.
| 2023 | 2024 | 2025 | |
|---|---|---|---|
| Average Sale Price: | $772,450 | $796,666 | $816,500 |
| Lowest Price: | $769,900 | $780,000 | $799,000 |
| Highest Price: | $775,000 | $820,000 | $830,500 |
| Number of Sales: | 2 | 3 | 3 |
| Avg. Days on Market: | 18 | 62 | 18 |
Buying a home in Watergate?
If you’re starting to think about what it would actually look like to buy in Watergate, this is a good place to start.
I’ll walk you through what to expect, how the process works, and the key decisions you’ll want to think through before making an offer.
Before You BuySelling a home in Watergate?
If you own a home in Watergate and are thinking about selling, it helps to understand what typically goes into the costs and what you might realistically walk away with.
I break it down clearly so you can make a more informed decision.
Estimate Your Net ProceedsWatergate Location
Exploring Your Westlake Village Options
Watergate is one of several distinct neighborhoods within Westlake Village. If you’re still getting your bearings, these guides can help.
Learn About Westlake Village
Compare Neighborhoods
WATERGATE FREQUENTLY ASKED QUESTIONS
They assume “townhome” means shared walls and a condo feel. Watergate has a more house-like layout and feel than most townhome communities, and it’s still walking distance to some of Westlake’s best spots.
Prices typically run $750k-$900k. With only about 100 homes and just a couple sales most years, inventory is limited.
Yes, every home is a two-bedroom. If you need a third bedroom, look elsewhere. For a lot of buyers, two bedrooms with low maintenance is exactly the trade they want.
It’s priced higher than communities like Village Glen or Village Green, but the layout feels more house-like than most attached options. Being a half mile from Westlake Lake is hard to match at any price point in this category.
First-time buyers, downsizers, and young families. Mostly people who want to be close to everything without much yard or home upkeep.
Age. These are early-70s homes, and even remodeled units often have older systems underneath. Budget for some upgrades regardless of how a home looks on the surface.
Ready to tour Watergate and other neighborhoods?
Choosing the right neighborhood is often more important than choosing the right house. If you’re still figuring out where you belong in the Conejo Valley, here’s the simple 3-step process I use to help buyers narrow it down.
Step 1:
First Meeting
We’ll talk through your plans and what buying looks like in the Conejo Valley.
Step 2:
Area & Home Tours
You’ll get a feel for how the towns connect and which ones feel right to you.
Step 3:
Offers → Closing
I’ll guide you through offers, negotiations, and all the way to closing.
