Gated: Westlake Island Homes
Westlake Village, CA | $2.5M-$10M+
Gated: Westlake Island Homes
The lakefront lifestyle is the culmination of the best attributes of living in Westlake Village. Behind the guarded gates lies a unique neighborhood like no other in the area. Each home has its own private dock to store your boat when you’re not cruising around the lake or dining lakeside at one of the three fine restaurants. The central location offers quick and easy access to local shops & dining which balances nicely with the peacefulness and privacy the island lifestyle provides.
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.
Westlake Island | Quick Take
A private, gated peninsula where the boat dock is as standard as the driveway.
- Lifestyle: Every home has its own dock, and lake life is the whole point, boating to dinner, watching fireworks from the water with neighbors.
- Identity: No other Conejo Valley neighborhood pairs waterfront living with this kind of gated privacy and central location.
- Trade-off: Land is limited, many homes date to the 60s and 70s, and it’s not the easiest fit for families wanting a big yard.
- Bottom line: Best for buyers who want something distinctly different from a standard four-bedroom house and are drawn to a water-centered lifestyle.
MICHAEL RICE, Conejo Valley Guy | Let's Connect!
Quick Facts at A Glance
Typical Price Range
$2.5M-$10M+
Home Size (SQ FT)
1500-5000
Number of Homes (Approx.)
100+
Bedrooms
3-4
Year Built
60s and 70s
HOA Fees (Approx.)
$960 Quarterly・$2,400 Annually
Contact Westlake Island HOA at 805-413-1170 / 818-889-5377
Westlake Island Floor Plans
What's To Love
Character and charm that doesn’t exist in many other places. Where else can you wake up and be greeted by lake views from a bay window? Each home has individuality – from updated and modern to a blank canvas to make it your own. Fourth of July is truly a community celebration as neighbors gather on their boats and watch the fireworks in the sky.
What's Not To Love
Living on the Island doesn’t come cheap and limited land makes each dollar count. Young families looking for a big yard and lots of other neighborhood kids may want to look elsewhere. Plan on having some remodel money on hand as many of the homes are stuck in past decades.
Who Should Look Here
The Island is often a landing point for those who have “made it” and want something different than the ordinary four bedroom house with a pool at the end of a cul-de-sac. Your typical neighbor is likely a retiree or a younger professional who has the time to enjoy a truly unique and entertaining house in a safe and secluded neighborhood.
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 Westlake Island
Westlake Island Market Snapshot
This snapshot shows recent sales activity in Westlake Island to give a general sense of how the neighborhood has been performing over time.
| 2023 | 2024 | 2022 | |
|---|---|---|---|
| Average Sale Price: | $2,889,800 | $3,233,333 | $3,303,802 |
| Lowest Price: | $2,067,000 | $2,470,000 | $2,400,000 |
| Highest Price: | $4,400,000 | $3,650,000 | $4,800,000 |
| Number of Sales: | 15 | 6 | 9 |
| Avg. Days on Market: | 55 | 13 | 124 |
Buying a home in Westlake Island?
If you’re starting to think about what it would actually look like to buy in Westlake Island, 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 Westlake Island?
If you own a home in Westlake Island 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 ProceedsWestlake Island Location
Exploring Your Westlake Village Options
Westlake Island 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
WESTLAKE ISLAND FREQUENTLY ASKED QUESTIONS
Most people assume it’s just another lakefront community, but Westlake Island is its own gated peninsula where every home comes with a private dock. It also straddles the LA County and Ventura County line, so depending on which side of the Island a home sits, kids attend either Las Virgenes or Conejo Valley schools.
Ventura County vs. Los Angeles County: Does It Matter Which Side of the Conejo Valley You Live On?
Prices typically run $2.5M-$10M+. Where a home falls in that range depends on lot position, channel versus main lake frontage, views, and how much updating has been done. Many homes were built in the late 60s and early 70s, so renovation costs are worth factoring into your budget.
The combination of a private dock at nearly every home, gated entry, and central location is unique to the Island. Residents can boat to lakeside restaurants or just enjoy the water without leaving the neighborhood, which isn’t something you find elsewhere in Westlake Village.
Westlake Island feels more like its own private community. Windward Shores and The Shores offer exceptional lakefront living as well, but they integrate more with the surrounding neighborhoods rather than feeling like a separate enclave.
Retirees and professionals looking for something different from a standard house on a cul-de-sac make up a large share of buyers here, and many are longtime Westlake Village residents moving into their “forever” home. It tends to suit people who value privacy and a genuinely unique lifestyle over a big yard or lots of neighborhood kids.
Inventory is extremely limited, and buyers often wait years for the right home to become available. Even after you find one, you’ll likely be balancing location, views, dock position, and renovation potential, it’s rare to find a home that checks every box.
Ready to tour Westlake Island 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.
