Westlake Village Neighborhood Guide
Terrace Townhomes
1973–1975 · about 62 townhomes on Saddle Mountain Drive and Meadow Oak Drive, above the south shore
Listing photo: Kathleen Smiley, Rodeo Realty · CSMAR MLS
Terrace Townhomes is a community of about 62 attached homes built in 1973 and 1975 on Saddle Mountain Drive, Meadow Oak Drive and nearby streets, on the ridge above the south shore of Westlake Lake next to Parkwood Estates. Most recent sales have been single-level three-bedroom homes of about 1,300 square feet. It is on the Los Angeles County side, in the City of Westlake Village and the Las Virgenes Unified School District.
Highlighted area is the footprint of Terrace Townhomes, drawn from the parcels in Los Angeles County records. Labels mark the other Westlake Village neighborhoods; click one to open its guide.
Not gatedTerrace Townhomes is not a gated community.
Homes for sale and recently sold in Terrace Townhomes
Listings and sales inside the Terrace Townhomes outline on the map above, from the CSMAR multiple listing service. They update as agents post them.
For sale in Terrace Townhomes right now
Active listings inside the tract.
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In escrow in Terrace Townhomes
Under contract but not yet closed — the closest read on what buyers are paying today.
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Sold in Terrace Townhomes in the last two years
Closed sales inside the tract, newest first.
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The homes
The community
Terrace Townhomes was built as the attached-home section of the same hillside as Parkwood Estates: 20 homes in 1973, mostly on Meadow Oak Drive, and 42 in 1975, mostly on Saddle Mountain Drive. The homes have attached garages and private atriums, and many are on one level.
The floor plans
Four plans are on file: two single-level plans with two or three bedrooms and two two-story plans. The most common size in recent sales is 1,297 square feet—a single-level, three-bedroom, two-bath home.
Drawings on file for the tract. Other plans, elevations and options may have been offered.




Owning here
The association
The association maintains the building exteriors, roofs and common grounds. Dues have ranged from $245 to $355 a month since 2023 and were $306 on the 2026 sales. Ask for the budget, the reserve study and the master insurance policy.
Schools
Terrace Townhomes is in the Las Virgenes Unified School District: White Oak Elementary, Lindero Canyon Middle School and Agoura High School. Confirm the assignment for a specific address with the district.
Getting around
Triunfo Canyon Road leads to Lindero Canyon Road and Westlake Boulevard, each a few minutes from the 101. The lake and The Landing are close.
What to check in a 1970s home
Unrenovated units may have original supply lines, older panels and single-pane windows. The CC&Rs spell out what the association maintains and what the owner does.
Prices
Recent sales
4 homes sold between July 2025 and August 2026, from $850,000 to $1,225,000, with a median of $967,875. The 1,297-square-foot single-level three-bedroom sold three times in that stretch, from $922,500 to $1,225,000, depending on condition.
How it compares
Parkwood Estates, on the same ridge, has large detached homes for $2,000,000 and up. Summer Shores and Lakeshore, near the east end of the lake, are the other attached communities with Las Virgenes schools. Terrace Townhomes is one of the few places on the Los Angeles County side to find a single-level home under about $1,250,000.
Nearby neighborhoods
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties a visitor may be interested in purchasing or leasing.
Information relating to properties referenced on this web site may originate from the Internet Data Exchange (IDX) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
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