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 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.
Property Details
Price:
$2,900,000
MLS #:
226000206
Status:
Active
Beds:
6
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Palermo/Dos Vientos-194 – 194
Neighborhood:
nbpknewburypark
Listed Date:
Jan 15, 2026
Finished Sq Ft:
4,875
Lot Size:
62,726 sqft / 1.44 acres (approx)
Year Built:
2002
See this Listing
Schools
School District:
Conejo Valley Unified
Interior
Appliances
DW, FZ, GD, MW, RF, GAS, DO, GWH, RA, TW
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
WOOD
Heating
GAS, CF
Laundry Features
GAS, IR
Exterior
Architectural Style
CB
Community Features
CRB
Construction Materials
STC
Exterior Features
BQ
Other Structures
GH
Parking Spots
3
Security Features
GC
Financial
HOA Fee
$149
HOA Fee 2
$104
HOA Frequency
MO
Map
Community
- Address5516 Via Olas Newbury Park CA
- SubdivisionPalermo/Dos Vientos-194 – 194
- CityNewbury Park
- CountyVentura
- Zip Code91320
Subdivisions in Newbury Park
- Aldea/Dos Vientos – 208 – 208
- Aldea/Dos Vientos 208
- Avignon/Dos Vientos-198 – 198
- Casa Conejo 104
- Casa Conejo-104 – 1000082
- Conejo Heights I-106 – 106
- Dutch Haven
- Dutch Haven-109 – 1000162
- Executive I/Rancho Conejo 390
- Green Meadow Condos-342 – 342
- Harvest Moon/Dos Vientos 140
- Kelly Park-131 – 131
- Lynn Oaks Estates 205
- Newbury Hills 113
- OakRidge Estates-146 – 1000592
- Park Lane Townhomes-203 – 1001272
- San Alicia-179 – 179
- Sherwood Homes 120
- Traditions/Dos Vientos-159 – 1000752
- Vallecito Mobil Home Park-122 – 1000312
- Ventu Estates Mobil Home-123 – 1000322
- Ventu Park 124
- Ventu Park-124 – 124
- Vizcaya/Dos Vientos-192 – 1001122
- Westoaks-126 – 1000352
Market Summary
Current real estate data for Single Family in Newbury Park as of Jan 22, 2026
41
Single Family Listed
37
Avg DOM
426
Avg $ / SqFt
$778,389
Avg List Price
Property Summary
- Located in the Palermo/Dos Vientos-194 – 194 subdivision, 5516 Via Olas Newbury Park CA is a Single Family for sale in Newbury Park, CA, 91320. It is listed for $2,900,000 and features 6 beds, 6 baths, and has approximately 4,875 square feet of living space, and was originally constructed in 2002. The current price per square foot is $595. The average price per square foot for Single Family listings in Newbury Park is $426. The average listing price for Single Family in Newbury Park is $778,389.
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5516 Via Olas
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