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997 Brook Meadow Court

Miro Guezoumian Of Keller Williams Westlake Village Represents Buyer In $10.5M Westlake Village Sale
SOLDSingle Family

Miro Guezoumian Of Keller Williams Westlake Village Represents Buyer In $10.5M Westlake Village Sale

997 Brook Meadow Court

$10,500,000

$700/SF

Building Size

14,997 SF

Asset Type

Single Family

Closing

Sep 26, 2024

AI

A 14,997-square-foot French Country estate located at 997 Brook Meadow Court in Westlake Village has sold off-market for $10.5 million. The property encompasses 4.16 acres within the guard-gated North Ranch Country Club Estates, providing a high level of privacy and an exclusive living experience. The sale price equates to a price per square foot of $700.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $10,500,000
  • Address: 997 Brook Meadow Court
  • Market: Westlake Village
  • Square Footage: 14,997
  • Price per Square Foot: $700
  • Acres: 4.16
  • Buyer's Representative: Miro Guezoumian - Keller Williams Westlake Village
  • Seller's Representative: Jordan Cohen - Re/Max One

The transaction was managed by Jordan Cohen from Re/Max ONE for the seller and Miro Guezoumian from Keller Williams Westlake Village for the buyer. Cohen noted the successful closing process, highlighting it as a significant achievement in a week that included three other special closings, reflecting the ongoing interest in high-end real estate within exclusive communities.

Players

Jordan Cohen

Re/Max

Broker

$176.3M

vol

18 deals

Broker

Westlake Village Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93