5516 Via Olas, Newbury Park, CA 91320 - Craig And Keli Real Estate

$2,900,000

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… Read More 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. Read Less

Courtesy of Danielle Courtney, Equity Union Real Estate, .

Listing Snapshot

Days Online

Last Updated

Jan 17, 2026

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

4,875

Lot Size

1.44 Acres

Year Built

2002

MLS Number

226000206

Additional Details

Property Access

Road frontage type: "Private Road"

Appliances & Equipment

"Tankless", "Dishwasher", "Freezer", "Garbage Disposal", "Gas Dryer Hookup", "Refrigerator", "Water Filter"

Building

Built in 2002, Building area total: 4,875, 1 story, Construction materials: "Stucco"

Cooling

"Ceiling Fan(s)", "Central A/C"

Fence

"Brick Wall", "Wrought Iron"

Fireplaces

"Fire Pit", "Guest House", "Family Room", "Living Room", "Gas"

Floors

"Wood/Wood Like"

Garage

3 spaces

Heating

"Central Furnace", "Natural Gas"

Home Owner's Association

Association fee: $149, Association amenities: "Gated Community"

Interior Features

"Walk-In Closet", "In-Law Suite", "High Ceilings", "Built-Ins", "Open Floor Plan", "Recessed Lighting", "Storage Space", "Turnkey", "Pantry", "Formal Dining Room", "Kitchen Island", "Quartz Counters"

Laundry

"Individual Room"

Lot

1.44 acres, 62,726 square feet, Area: 1, "Back Yard", "Curbs", "Fenced", "Fenced Yard", "Front Yard", "Fully Fenced", "Gated Community", "Gutters", "Landscaped", "Lawn", "Lot Shape-Rectangle", "Room for a Pool", "Secluded", "Sidewalks", "Cul-De-Sac"

Parking

"Driveway", "Garage", "Built-In Storage"

Pets Policy

Pets allowed: "Call for Rules"

Property

View: "Hills View", "Mountain View", "Covered"

Roof

"Concrete Tile"

Security Features

"Gated Community"

Sewer

"Public Sewer"

Utilities

Electric: "In Garage"

Windows

"Custom/Window Coverings", "Drapes/Curtains"

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