Three Springs Neighborhood – Westlake Village, California

Christine Mason
Jun 10
2 min read

Three Springs is one of Westlake Village's most popular family-oriented neighborhoods, known for its larger homes, tree-lined streets, neighborhood parks, hiking trails, and access to the highly regarded Las Virgenes school district. The community was designed as a master-planned residential neighborhood that emphasizes outdoor living and a strong sense of community.

History & Development

Three Springs was primarily developed during the late 1980s, with most homes constructed between 1988 and 1990. The neighborhood was one of the later phases of Westlake Village's expansion and was designed with larger floor plans and family-friendly amenities that reflected the move-up buyer market of the era.

The community consists of approximately 300+ homes, many featuring open floor plans, generous lots, and access to neighborhood greenbelts and trails. Unlike some of the older Westlake Village neighborhoods, Three Springs offers a more consistent architectural style because most homes were built within a relatively short time frame.

Community Amenities

A focal point of the neighborhood is Three Springs Park, which serves as a gathering place for residents and families. The neighborhood also connects to walking paths and trail systems leading into the surrounding open space areas.

Residents appreciate:

Wide residential streets
Community park and playground
Access to hiking and biking trails
Proximity to Westlake Lake and shopping
Highly rated Las Virgenes schools
Strong neighborhood traditions and community events

HOA Information

Three Springs is governed by a homeowners association with relatively low dues compared to many luxury communities in Southern California.

Approximate HOA dues:

About $270 annually (verify through escrow and HOA documents, as dues may change).

The HOA primarily maintains:

Common areas
Entry monuments and landscaping
Neighborhood standards and architectural guidelines
Community enhancements and beautification efforts

Real Estate Profile

Feature	Typical Range
Year Built	1988–1990
Home Size	2,300–4,700+ sq ft
Bedrooms	4–5+
Lot Sizes	Generally 8,000–15,000+ sq ft
Homes	Approximately 500+
HOA	Approx. $270/year

Average Home Prices

Recent market data shows:

Median sale price approximately $2.44 million in early 2026.
Typical neighborhood price range is roughly $1.75 million to $3 million+, depending on size, location, views, lot size, and renovations.
Current listings and recent sales commonly fall between $2.1 million and $2.5 million, with premium properties exceeding that range.

Why Buyers Love Three Springs

Three Springs remains one of Westlake Village's most sought-after neighborhoods because it combines:

Larger family homes
Excellent schools
Low HOA fees
Parks and trail access
Strong community atmosphere
Convenient access to shopping, dining, and the 101 Freeway

Three Springs is often described as a premier family neighborhood in Westlake Village featuring late-1980s construction, spacious floor plans, low HOA dues, neighborhood parks, and strong long-term value driven by location and schools.

Call me today if you are considering buying a home in Westlake Village or the Conejo Valley, so we could find your ideal neighborhood that fits well with you and your family.

Christine Mason 310-428-7280