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7101 Farralone Avenue, 141, Canoga Park, CA 91303

$390K1bd · 1ba · 670 sqft
Lot 170,211 sqft•HOA $610/mo•Condominium•
Active
•104d on market•MLS# SR-26140884

Property Description

Lakefront living in the highly sought-after gated community of Canoga Lakes. Ideally positioned in one of the most desirable locations within the community, this freshly painted 1-bedroom, 1-bathroom condo enjoys direct lakefront views, surrounded by lush landscaping, streams, waterfalls, charming bridges, and abundant wildlife that make Canoga Lakes one of the Valley's most unique places to call home. Designed with both comfort and functionality in mind, the well-maintained interior features an open floor plan that makes the most of its space. The kitchen includes a breakfast bar that opens to the bright living area, creating a natural flow for everyday living and entertaining. Dedicated laundry hookups with a stackable washer and dryer add to the home's convenience. The private covered lakefront patio is the centerpiece of the home, offering a peaceful outdoor retreat with uninterrupted water views—the perfect place to enjoy your morning coffee, unwind after a long day, or simply take in the tranquil surroundings. Perfectly situated within the community, the home is just moments from the tennis courts, multiple pools and spas, fitness center, saunas, and scenic walking paths. The unit also includes two assigned parking spaces—a rare feature for a one-bedroom home—along with ample guest parking. Located just minutes from Warner Center, Westfield Topanga, The Village at Westfield Topanga, shopping, dining, and entertainment, this move-in ready condo offers an exceptional opportunity as a primary residence, second home, or investment property.

Features & Amenities

FeeBuilt 1977

Property Details

Land Type
Fee
Year Built
1977
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air, None, See Remarks
View
Creek/Stream, Lake, Neighborhood, Pond, Pool, See Remarks
Flooring
Laminate, Tile
Roof
Shingle, Concrete
City
Canoga Park
Zip Code
91303
County
Los Angeles
Listed byFair Realty, Ilya Tsipis

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,972.05
Principal & Interest
Loan Amount
$312,000
Total Interest
$397,939
Total Payment Over 30 Years
$709,939
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

7101 Farralone Avenue, 141, Canoga Park, CA 91303

Canoga Park · Condominium

$390K
Affordable Tier
Beds
1
Baths
1
Sqft
670
Lot
3.91 ac
Year
1977
$/Sqft
$582
Pool: Yes✓
Spa: Yes✓
View: water✓

Listed 22.3% above the median closed sale of $319,000. Price per sqft ($582) is a 24% premium to closed comps ($469). Closed comps sold at 80% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $390K· $582/sqft
Total list price
Closed comps
vs closed median $319K
+$71K (+22.3%)
Active comps
vs active median $335K
+$55K (+16.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $567
+$15 (+2.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6815 RemmetCanoga Park19861161956,680$606$375,0001487
21801 RoscoeCanoga Park198011511169,910$559$285,900386
21800 SchoenbornCanoga Park1980217190$466$335,0004086
7050 ShoupCanoga Park197711568221,602$590$335,00013585
7131 FarraloneCanoga Park197611488168,376$613$299,0005184
Total: 5 · Average1.21.0581154,142$566.8$325,98048.6
Median568$335,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7101 FarraloneCanoga Park197708/25/202611693170,211$410,000$410,000$5921.004098
7111 FarraloneCanoga Park197707/30/202611670170,211$395,000$400,000$5971.014393
20930 PartheniaCanoga Park197608/19/20261164634,713$307,500$30,900$480.1014787
7131 Farralone AvenueCanoga Park197608/27/202611471168,376$319,000$319,000$6771.003487
21219 Roscoe Blvd.Canoga Park198005/12/20261162633,018$299,900$270,000$4310.904687
Total: 5 · Average1.01.0621.2115,305.8$285,980$285,980$469—62
Median646$319,000$319,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.