1197 Ramona Drive, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 2 bath
1197 Ramona Drive
Newbury Park, California 91320
Property Price
SUMMARY
Analysis of 1197 Ramona Drive, Newbury Park, California 91320 is currently available with a list price of $599,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Newbury Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1978 townhouse is in move-in ready condition following significant recent updates. The kitchen features 2021 stainless steel appliances (LG and Bosch) and quartz countertops, while the home boasts laminate flooring throughout and Milgard windows. Major systems have been addressed with a newer AC unit, a new water heater, and a 2024 garage opener. While the property retains its original 1970s tri-level layout and some built-in cabinetry, the extensive recent renovations and lack of deferred maintenance align with the 'Good' classification.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Kitchen Upgrades
The kitchen features high-end 2021 LG and Bosch stainless steel appliances, including an air fryer oven, complemented by durable quartz countertops.
- Private Primary Suite
The tri-level layout dedicates an entire level to the primary suite, providing enhanced privacy, an en-suite bathroom, and a spacious walk-in closet.
- Resort-Style Amenities
The Marlborough Hills community offers extensive amenities including two pools, a jacuzzi, clubhouse, sports and tennis courts, and a tot lot.
CONSRISKS & DEFICIENCIES
- Tri-Level Configuration
The multi-level floor plan requires navigating several sets of stairs, which may not be ideal for buyers with mobility concerns or those seeking a single-level flow.
- Monthly HOA Fees
The $428 monthly association fee is a significant recurring expense that buyers must factor into their overall debt-to-income ratio and monthly budget.
- Price Volatility
The property has undergone multiple price reductions since its initial listing, which may indicate previous market resistance or initial overpricing.
About 1197 Ramona Drive
Welcome to 1197 Ramona Dr. a bright and beautifully updated 3-bedroom, 2-bath tri-level townhouse in the sought-after Marlborough Hills community. This spacious home features Milgard windows, laminate flooring throughout, and an open-concept living and dining area with an electric gas fireplace. The modern kitchen is appointed with quartz countertops, stainless steel appliances which includes a 2021 LG Stove/Oven which is also an Air Fryer oven, 2021 LG Microwave and a 2021 Bosch Dishwasher along with generous storage. The living space opens to a private gated patio with garden beds, ideal for outdoor relaxation or entertaining. The primary suite occupies its own private level with on suite bathroom and large walk-in closet, offering comfort and privacy. Each bedroom includes ceiling fans, and the home is equipped with a newer AC unit and new water heater for added peace of mind. An attached 2-car garage includes a 2024 Garage Opener with silent chain that provides direct access and additional convenience. Enjoy resort-style living with access to two community pools, a jacuzzi, clubhouse, sports court, tennis court, and a tot lot. Located near shopping, dining, and major freeways, this move-in-ready townhouse combines modern comfort with a vibrant community lifestyle.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $428.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,234 | 1,572 | 28% |
| Lot Size | 3,049 | 1,950.5 | 61% |
| Price | $599.0K | $722.9K | 17% |
| Price per sq ft | $485 | $461 | 78% |
| Built year | 1978 | 1979 | 50% |
| HOA | $428.0 | $462 | 50% |
| Days on market | 129 | 157 | 22% |
Pricing History
Listed for Sale
Feb 3, 2026
$599,000
$615,000
-3% Price Drop
Initial Listing
Price Change
Jan 23, 2026
$615,000
$620,000
-1% Price Drop
Initial Listing
Price Change
Nov 23, 2025
$620,000
$626,000
-1% Price Drop
Initial Listing
Price Change
Oct 29, 2025
$626,000
Initial Listing