1031 Falmouth Street, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 4 bed, 3 bath

1031 Falmouth Street, Thousand Oaks, California 91362 home-pic-0
ACTIVE$1,499,999
1031 Falmouth Street, Thousand Oaks, California 91362
4Beds
3Baths
2,183Sqft
15,000Lot

Price Vs. Estimate

The estimated value ($847,140.77) is $652,858.23 (43%) lower than the list price ($1,499,999). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 2183.
Top Cons:
As-Is Sale Condition: The property is explicitly offered 'AS IS,' which implies the seller will not make repairs and places the burden of any unforeseen issues or necessary upgrades directly on the buyer.

Compared to the nearby listings

Price:$1.50M vs avg $1.36M (+$140,099)61%
Size:2,183 sqft vs avg 2,524 sqft39%
Price/sqft:$687 vs avg $58774%

More Insights

Built in 1961 (64 years old).
Condition: The property, built in 1961, has undergone extensive and recent renovations, including a new roof (October 2024), refreshed interior paint (2019), and fully upgraded kitchen and bathrooms with modern finishes like Quartz countertops, custom cabinetry, premium Bosch appliances, and stylish vanities. The flooring is a mix of wood-like tile and travertine, indicating recent updates. While the 'As-Is' condition and lack of explicit cooling system mention are minor drawbacks, the significant and recent upgrades throughout the home, especially in key areas like the kitchen and bathrooms, elevate its condition beyond 'Fair'. It is move-in ready with modern aesthetics and functional systems, aligning with the 'Good' criteria of being extensively renovated within 5-15 years and well-maintained.
Year Built
1961
Close
-
List price
$1.5M
Original List price
$1.52M
Price/Sqft
$687
HOA
-
Days on market
-
Sold On
-
MLS number
225000920
Home ConditionGood
Features
Excellent View: Hills, Mountain(s), Valley
Patio
ViewHills, Mountain(s), Valley

About this home

Nestled in the rolling hills of Thousand Oaks, this rare and sprawling mid-century single-story home offers a perfect blend of comfort, elegance, and modern upgrades. Situated on a flat rectangular view lot, the property presents exciting potential for expansion, whether through additional rooms, a casita, or an ADU. Spanning 2,183 sq. ft., this thoughtfully designed four-bedroom, three-bathroom home boasts beautifully upgraded wood-like tile flooring throughout the entry, living, family, and kitchen areas. The kitchen, a true centerpiece, features Quartz countertops, custom cabinetry, a spacious walk-in pantry, and premium Bosch appliances, all framed by a large window that offers breathtaking panoramic views. A sliding glass door leads to the expansive backyard, a serene retreat with lush natural lawn and no structures directly beyond.The master suite provides a private sanctuary with an upgraded en-suite bathroom, featuring stylish vanity, sleek glass shower, and tub with travertine tile flooring. Two additional bedrooms with a spacious Jack-and-Jill bathroom, remodeled with tile flooring, a modern vanity with large pullout drawers, and new plumbing fixtures. The fourth bedroom enjoys its own attached, renovated bathroom. Each bedroom is enhanced with newer blinds and travertine flooring. The cozy living room boasts a remodeled fireplace and large windows that frame picturesque views of the beautifully landscaped front yard. A sizable side yard offers RV parking, while the other side provides ample space for future expansions. A sprinkler system ensures easy maintenance, complementing the home's lush greenery. New Shingles roof done October,2024.The exterior is adorned with floral landscaping, fruit trees in both the front and backyard, and well-placed flowerpots that add charm to the property. The home's interior paint, refreshed in 2019, complements a variety of decor styles, while hardwood flooring enhances the living areas, kitchen, hallways, and master suite. With breathtaking views, high-end upgrades, and exceptional potential for customization, this property is a rare find in one of Thousand Oaks' most desirable locations. (Buyer to verify all permits and conduct due diligence regarding property details. Subject property is being offered ' AS IS')

Nearby schools

4/10
Conejo Elementary School
Public,K-51.0mi
6/10
Westlake Hills Elementary School
Public,K-51.9mi
6/10
Colina Middle School
Public,6-80.8mi
8/10
Westlake High School
Public,9-122.7mi
Condition Rating
Good

The property, built in 1961, has undergone extensive and recent renovations, including a new roof (October 2024), refreshed interior paint (2019), and fully upgraded kitchen and bathrooms with modern finishes like Quartz countertops, custom cabinetry, premium Bosch appliances, and stylish vanities. The flooring is a mix of wood-like tile and travertine, indicating recent updates. While the 'As-Is' condition and lack of explicit cooling system mention are minor drawbacks, the significant and recent upgrades throughout the home, especially in key areas like the kitchen and bathrooms, elevate its condition beyond 'Fair'. It is move-in ready with modern aesthetics and functional systems, aligning with the 'Good' criteria of being extensively renovated within 5-15 years and well-maintained.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 2183.
Extensive Upgrades & Modern Finishes: The property boasts numerous recent upgrades including wood-like tile flooring, Quartz countertops, custom cabinetry, premium Bosch appliances, remodeled bathrooms (master en-suite, Jack-and-Jill, fourth bedroom's attached bath), a remodeled fireplace, newer blinds, and a new shingles roof (October 2024).
Significant Expansion Potential: Situated on a flat, rectangular view lot with a sizable side yard, the property offers exciting potential for adding rooms, a casita, or an Accessory Dwelling Unit (ADU), providing future value and customization options.
Desirable Location & Breathtaking Views: Nestled in the rolling hills of Thousand Oaks, the home offers breathtaking panoramic views of the Hills, Mountain(s), and Valley, and is located in one of the city's most sought-after areas.
Spacious Single-Story Layout: A sprawling mid-century single-story home spanning 2,183 sq. ft. with 4 bedrooms and 3 bathrooms, featuring a thoughtfully designed layout and a spacious walk-in pantry.
Enhanced Outdoor Living & Curb Appeal: The expansive backyard is a serene retreat with lush natural lawn and fruit trees, complemented by floral landscaping, well-placed flowerpots, a sprinkler system, and practical RV parking, enhancing its curb appeal and utility.

Cons

As-Is Sale Condition: The property is explicitly offered 'AS IS,' which implies the seller will not make repairs and places the burden of any unforeseen issues or necessary upgrades directly on the buyer.
Lack of Mentioned Cooling System: The description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback and additional cost for buyers in Thousand Oaks' climate.
Conflicting Flooring Descriptions: The property description contains contradictory information regarding flooring, stating 'wood-like tile flooring throughout the entry, living, family, and kitchen areas' and also 'hardwood flooring enhances the living areas, kitchen, hallways, and master suite,' which could lead to confusion or mismatched aesthetics.

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