http://dennisgaravsky.blogspot.com/2015/09/how-to-reset-view-customizations-made.html

S172628.cs

//With XAF v15.2.4+, this feature is already built-in (https://documentation.devexpress.com/#eXpressAppFramework/CustomDocument113141/ResetViewSettingsController).
//Do NOT use this controller if you are already on v15.2.4+.
using System;
using DevExpress.ExpressApp;
using DevExpress.Persistent.Base;
using DevExpress.ExpressApp.Model;
using DevExpress.ExpressApp.Actions;
using DevExpress.ExpressApp.Editors;
using DevExpress.ExpressApp.Model.Core;

namespace YourSolutionName.Module.Controllers {
    public class S172628 : Controller {
        private SimpleAction resetViewSettingsAction;

        private void ObjectSpace_ModifiedChanged(Object sender, EventArgs e) {
            UpdateActionState();
        }
        private void Frame_ViewChanging(Object sender, ViewChangingEventArgs e) {
            if ((Frame != null) && (Frame.View is ObjectView)) {
                ((ObjectView)Frame.View).ObjectSpace.ModifiedChanged -= ObjectSpace_ModifiedChanged;
            }
        }
        private void Frame_ViewChanged(Object sender, ViewChangedEventArgs e) {
            //resetViewSettingsAction.RaiseChanged(ActionChangedType.ToolTip);
            //resetViewSettingsAction.RaiseChanged(ActionChangedType.ConfirmationMessage);
            if ((Frame != null) && (Frame.View is ObjectView)) {
                ((ObjectView)Frame.View).ObjectSpace.ModifiedChanged += ObjectSpace_ModifiedChanged;
            }
            UpdateActionState();
        }
        private void ResetViewSettingsAction_CustomGetTotalTooltip(Object sender, CustomGetTotalTooltipEventArgs e) {
            if ((Frame != null) && (Frame.View != null)) {
                e.Tooltip = String.Format(e.Tooltip, Frame.View.Caption);
            }
        }
        //private void ResetViewSettingsAction_CustomGetFormattedConfirmationMessage(Object sender, CustomGetFormattedConfirmationMessageEventArgs e) {
        //    if ((Frame != null) && (Frame.View != null)) {
        //        e.ConfirmationMessage = String.Format(e.ConfirmationMessage, Frame.View.Caption);
        //    }
        //}
        private void ResetViewSettingsAction_Execute(Object sender, SimpleActionExecuteEventArgs e) {
            ResetViewSettings();
        }

        protected virtual void UpdateActionState() {
            String viewIsNotNullKey = "View is not null";
            String viewIsNotModifiedKey = "View is not modified";

            resetViewSettingsAction.Active.SetItemValue(viewIsNotNullKey, (Frame != null) && (Frame.View != null));
            if ((Frame != null) && (Frame.View is ObjectView)) {
                resetViewSettingsAction.Enabled.SetItemValue(viewIsNotModifiedKey, !((ObjectView)Frame.View).ObjectSpace.IsModified);
            }
            else {
                resetViewSettingsAction.Enabled.RemoveItem(viewIsNotModifiedKey);
            }
        }
        protected virtual void ResetViewSettings() {
            if ((Frame != null) && (Frame.View != null)) {
                IModelView viewModel1 = Frame.View.Model;
                IModelView viewModel2 = null;
                if ((Frame.View is ListView) && (((ListView)Frame.View).EditView != null)) {
                    viewModel2 = ((ListView)Frame.View).EditView.Model;
                }
                if (Frame.View.IsRoot) {
                    ViewShortcut viewShortcut = Frame.View.CreateShortcut();
                    if (Frame.SetView(null)) {
                        ((ModelNode)viewModel1).Undo();
                        if (viewModel2 != null) {
                            ((ModelNode)viewModel2).Undo();
                        }
                        Frame.SetView(Application.ProcessShortcut(viewShortcut));
                    }
                }
                else if ((Frame is NestedFrame)
                        && (((NestedFrame)Frame).ViewItem is ListPropertyEditor)
                        && (((ListPropertyEditor)((NestedFrame)Frame).ViewItem).ListView != null)) {
                    if (Frame.SetView(null)) {
                        ((ModelNode)viewModel1).Undo();
                        if (viewModel2 != null) {
                            ((ModelNode)viewModel2).Undo();
                        }
                        ((NestedFrame)Frame).ViewItem.CreateControl();
                    }
                }
                else if ((Frame is NestedFrame)
                        && (((NestedFrame)Frame).ViewItem is DetailPropertyEditor)
                        && (((DetailPropertyEditor)((NestedFrame)Frame).ViewItem).DetailView != null)) {
                    if (Frame.SetView(null)) {
                        ((ModelNode)viewModel1).Undo();
                        ((NestedFrame)Frame).ViewItem.CreateControl();
                    }
                }
            }
        }
        protected override void OnActivated() {
            base.OnActivated();
            Frame.ViewChanging += Frame_ViewChanging;
            Frame.ViewChanged += Frame_ViewChanged;
            UpdateActionState();
        }

        protected override void OnDeactivated() {
            base.OnDeactivated();
            Frame.ViewChanging -= Frame_ViewChanging;
            Frame.ViewChanged -= Frame_ViewChanged;
        }

        public S172628()
            : base() {
            //resetViewSettingsAction = new SimpleAction(this, "ResetViewSettings", PredefinedCategory.Tools);
            resetViewSettingsAction = new SimpleAction(this, "S172628", PredefinedCategory.View);
            resetViewSettingsAction.Caption = "Reset View Settings";
            resetViewSettingsAction.ImageName = "ModelEditor_Action_ResetDifferences_Xml";
            //resetViewSettingsAction.PaintStyle = DevExpress.ExpressApp.Templates.ActionItemPaintStyle.Image;
            //resetViewSettingsAction.ToolTip = @"Resets all settings made for the ""{0}"" view.";
            resetViewSettingsAction.ToolTip = @"Resets all settings made for the current view.";
            //resetViewSettingsAction.ConfirmationMessage = @"You are about to reset all settings made for the ""{0}"" view. Do you want to proceed?";
            resetViewSettingsAction.ConfirmationMessage = @"You are about to reset all settings made for the current view. Do you want to proceed?";
            resetViewSettingsAction.CustomGetTotalTooltip += ResetViewSettingsAction_CustomGetTotalTooltip;
            //resetViewSettingsAction.CustomGetFormattedConfirmationMessage += ResetViewSettingsAction_CustomGetFormattedConfirmationMessage;
            resetViewSettingsAction.Execute += new SimpleActionExecuteEventHandler(ResetViewSettingsAction_Execute);
        }
        public SimpleAction ResetViewSettingsAction {
            get { return resetViewSettingsAction; }
        }
    }
}

I see this is now included in V15.2.4

@kgreed: Yes, it is built-in starting with XAF v15.2.4.