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$3,100,000
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Property Description
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.
Full Property Details
Full Property Details for 5516 Via Olas
General
- Sold For: $3,100,000
- HOA FEE: $149/month
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: 226000206
- Added to Site: 48 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Primary Suite, Two Primaries, Office, Living Room, Family Room, Entry, All Bedrooms Down, Jack & Jill, Walk-In Closet
- Interior Features: Built-in Features, High Ceilings, Pantry, Recessed Lighting, Open Floorplan, Storage, Cathedral Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Gas, Guesthouse, Primary Bedroom, Firepit, Living Room, Family Room
- Eating Areas: Dining Room
- Appliances: Range, Gas Cooking, Disposal, Microwave, Refrigerator, Gas Water Heater, Tankless Water Heater, Double Oven, Freezer, Dishwasher
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Gas Dryer Hookup, Individual Room
Additional Information
- Shared Amenities: Call for Rules
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Garage, Driveway, Built-In Storage, Garage Door Opener, Street
Location
- County: Ventura
- Subdivision: Palermo/Dos Vientos-194 - 194
School Information
- School District: Conejo Valley Unified
Community
- Community Features: Curbs
- Assoc. Name: Emmons Company
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Natural Gas, Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Custom-Built
- Structure Type: Single Family Residence
- Construction: Stucco
- Foundation: Slab
- Common Walls: No Common Walls
- Windows: Drapes, Custom Covering
- Entry Location: Main Level
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,875
- Year Built: 2002
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Guesthouse
Lot Features
- Property View: Mountain(s), Hills
- Lot Size (Acres): 1.44
- Lot Size Source: Public Records
- Irrigation System: Sprinkler System
- Zoning: RPD101UOS
- Lot Description: Drip Sprinkler System, Rectangular Lot, Sprinklers Timer, Yard, Secluded, Lawn, Landscaped, Sprinklers in Rear, Sprinkler System, Back Yard, Cul-de-Sac, Sprinklers in Front
- Fencing (Description): Wrought Iron, Brick
Green Features
- Energy Generation: Solar
Financial Considerations
- Price Per Sq. Ft.: $635.9
- Association Fee: $149
- Assoc Fee Freq.: Monthly
- Other Fee: $104
- Other Fee Type: Association Fee 2
- Other Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
Listed by Equity Union Real Estate, Danielle Courtney
Sold by Equity Union Real Estate, Kerstin Litvak
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Schools
Schools serving 5516 Via Olas
School District:Conejo Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Sycamore Canyon School 4601 Via Rio, Thousand Oaks, CA 91320 | K-8 | 1.1 mi |
Cypress Elementary School, Thousand Oaks, CA 4200 Kimber Dr., Thousand Oaks, CA 91320 | K-5 | 1.7 mi |
Sequoia Middle School, Thousand Oaks, CA 2855 Borchard Rd., Thousand Oaks, CA 91320 | 6-8 | 3.2 mi |
Newbury Park High School 456 N. Reino Rd., Thousand Oaks, CA 91320 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5516 Via Olas
Date
Details
Price
Change
Source
2/04/2026
Sold
$3,100,000
6.9%
MLS
1/15/2026
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5516 Via Olas, Newbury Park, CA 91320 (MLS# 226000206) is a Single Family property that was sold at $3,100,000 on February 04, 2026. Want to learn more about 5516 Via Olas? Do you have questions about finding other Single Family real estate for sale in Newbury Park? You can browse all Newbury Park real estate or contact a Coldwell Banker agent to request more information.

