Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Westlake Village Land Opportunity Title is generated by Realmo AI

    115 E Carlisle Road, Westlake Village, CA 91361

    View on Map
    Claim this Listing
    For Sale
    $295,999

    LAND - Westlake Village, CA

    Lot size:
    5.00 Acres
    Added:
    Aug 8, 2025
    Days on Market:
    288
    Last Refresh:
    May 22 at 7:06 am

    Property Features for 115 E Carlisle Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    6920020080
    Lot size
    5.00 Acres

    We can help!

    Listing Contact
    Jeb Adams
    Jeb Adams

    Listing agent Jeb Adams License #01391620

    Listing office RE/MAX ONE 30699 Russell Ranch Rd #100, Northridge, CA

    Listing date Aug 8, 2025

    MLS# 225004059 Listing URL

    Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Five acre property in a tranquil Santa Monica Mountains location.
    • Commanding views of the Santa Monica Mountains & vistas.
    • Ancient oak and sycamore trees throughout the canyon with seasonal streams.
    • Paved road access with power pole utilities.
    • Combination topography including a natural knoll area.
    • Potential for a vineyard or fruit orchard.

    Overview

    This five-acre land parcel is situated in a tranquil area of the Santa Monica Mountains, featuring ancient oak and sycamore trees, along with seasonal streams. The property offers views of the Santa Monica Mountains and surrounding vistas. A paved road provides access, and power pole utilities are available. The land features varied topography, including a natural knoll area. According to the listing, the property has potential for a vineyard or fruit orchard. It is located 2.6 miles from the intersection of Westlake Boulevard and Carlisle Road on the left-hand side of the street, near the northwesterly corner of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vineyards

    Suggested Use

    Real Estate Agency Law Firm Building Supply Hotel & Motel HVAC Service Bar & Pub Home Appliance Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westlake Village
    County
    Ventura
    State
    California
    Longitude
    -118.8918484
    Latitude
    34.1194478

    Nearby Similar for Sale

    • $2,989,000

      Westlake Village Land Opportunity

      2.07 acre commercial land for sale in Westlake Village.
      4774 Golf Course Drive, Westlake Village, CA 91362
      View Details
    • $2,495,000

      North Ranch Estate Building Opportunity

      2.05 acre lot in guard-gated North Ranch community.
      645 Lakeview Canyon, Westlake Village, CA 91362
      View Details
    • $6,769,231
      10,000 SF

      Westlake Plaza Out-Parcel Opportunity

      10,000 SF out-parcel in affluent Westlake Village trade area.
      2799 Townsgate Rd, Westlake Village, CA 91361
      View Details
    • $6,000,000

      Westlake Village View Lot

      6.34-acre view lot in guard-gated Country Club Estates.
      1280 Woodland Grove Court, Westlake Village, CA 91362
      View Details
    • $3,900,000
      12,000 SF

      Westlake Village Office Building

      Office building for sale in Westlake Village, California.
      31351 Via Colinas, Westlake Village, CA 91362
      View Details
    • $3,750,000

      Westlake Village Residential Land Opportunity

      30+ acre residentially zoned land with panoramic views in Westlake Village.
      1901 N Westlake Boulevard, Westlake Village, CA 91362
      View Details
    • $1,895,000

      Land in Old Agoura Hills

      2.83-acre lot with views, ready to build.
      6000 Lapworth Drive, WESTLAKE VILLAGE, CA 91301
      View Details
    • Contact for pricing
      12,200 SF

      Westlake Village Office Building

      Office building in prime Westlake location near retail.
      128 Auburn Court, Westlake Village, CA 91362
      View Details
    • $8,989,000

      Westlake Village Land Opportunity

      Land available in Westlake Village, California.
      500 Lower Lake Rd. Road, Westlake Village, CA 91361
      View Details
    • $6,000,000

      Westlake Village Land For Sale

      Land available in Westlake Village, California.
      1280 Woodland Grove Court, Westlake Village, CA 91362
      View Details
    • Contact for pricing
      16,500 SF

      Westlake Village Industrial Facility

      16,500 sq ft industrial facility with development potential.
      Westlake Village, CA 91362
      View Details
    • $28,280,000
      113,122 SF

      Westlake Village Flex Building Opportunity

      Vacant flex building in Westlake Village for sale.
      4553 La Tienda Rd, Westlake Village, CA
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Five acre land parcel in the Santa Monica Mountains.
    Where is this agricultural land / farmland located?
    The property is located at 115 E Carlisle Road Westlake Village, CA.
    What is the asking price?
    The asking price for this property is $295,999.
    What are key features of this property?
    This property features: Five acre property in a tranquil Santa Monica Mountains location.; Commanding views of the Santa Monica Mountains & vistas.; Ancient oak and sycamore trees throughout the canyon with seasonal streams.
    (818) 832-2626
    We can help!
    Listing Contact
    Jeb Adams
    Jeb Adams
    Real Estate License ID: 01391620
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    115 E Carlisle Road, Westlake Village, CA 91361
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!