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125 Pepper Road, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 3 bath

125 Pepper Road, Newbury Park, California 91320 home-pic-0
ACTIVE$797,000
125 Pepper Road, Newbury Park, California 91320
3Beds
3Baths
1,416Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($459,671.71) is $337,328.29 (42%) lower than the list price ($797,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Westlake Elementary School (9/10).
Top Cons:
Significant Price Discrepancy: The current list price of $797,000 is substantially higher than the property's estimated value of $459,671.71, suggesting a potential overvaluation that could deter buyers and prolong market time.

Compared to the nearby listings

Price:$797.0K vs avg $1.11M ($-313,000)6%
Size:1,416 sqft vs avg 2,056 sqft16%
Price/sqft:$563 vs avg $53858%

More Insights

Built in 1977 (48 years old).
Condition: This property, built in 1977, has undergone extensive and recent renovations, with most remodeling completed in 2021, including a new roof (2020), exterior paint (2020), tankless water heater, and new refrigerator. The description highlights 'upgraded bathrooms' and modern features like owned solar panels, an EV charging station, higher ceilings, and recessed lighting with USB chargers. The kitchen features newer stainless steel appliances and dark granite countertops, though the wood cabinetry and tile flooring present a more traditional, well-maintained look rather than a fully modern, 'virtually new' aesthetic. Overall, the home is move-in ready with major systems updated and minimal wear, aligning well with the 'Good' criteria for a property extensively renovated within the last 5 years.
Year Built
1977
Close
-
List price
$797K
Original List price
$835K
Price/Sqft
$563
HOA
-
Days on market
-
Sold On
-
MLS number
225002764
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Discover cozy elegance and serene living in this beautifully UPGRADED home! This home has installed solar panels (NOT LEASED:, owned). This incredible home also has an EV charging Station and re screened patio with installed lights and fans. The exterior was re painted in 2020 with a guarantee of for 30 years. A new roof too was installed in 2020 with a 50 year guarantee stated by the seller. Most of the remodeling was completed in 2021 including a tankless water heater and new refrigerator.This incredible home is Nestled at the end of a quiet cul-de-sac, this peaceful retreat offers a rare blend of modern convenience and tranquil charm.Step into the inviting enclosed sunroom, where you can unwind or entertain while enjoying breathtaking mountain views. The ambiance throughout the home is both cozy and serene, enhanced by higher ceilings, recessed lighting with USB chargers, and tasteful design details.You'll love the upgraded bathrooms, designed with comfort and style in mind. The private backyard is a peaceful escape, complete with fruit trees and space to relax or garden. And with easy access to everything, you'll enjoy the perfect balance of privacy and convenience.💫 Priced right and ready for you to call home!

Nearby schools

6/10
Aspen Elementary School
Public,•K-5•2.4mi
5/10
Acacia Elementary School
Public,•K-5•2.5mi
6/10
Banyan Elementary School
Public,•K-5•2.8mi
9/10
Westlake Elementary School
Public,•K-5•4.0mi
6/10
Sequoia Middle School
Public,•6-8•1.6mi
6/10
Redwood Middle School
Public,•6-8•2.2mi
6/10
Colina Middle School
Public,•6-8•3.4mi
7/10
Newbury Park High School
Public,•9-12•2.6mi
7/10
Thousand Oaks High School
Public,•9-12•3.4mi
8/10
Westlake High School
Public,•9-12•5.4mi
Condition Rating
Good
This property, built in 1977, has undergone extensive and recent renovations, with most remodeling completed in 2021, including a new roof (2020), exterior paint (2020), tankless water heater, and new refrigerator. The description highlights 'upgraded bathrooms' and modern features like owned solar panels, an EV charging station, higher ceilings, and recessed lighting with USB chargers. The kitchen features newer stainless steel appliances and dark granite countertops, though the wood cabinetry and tile flooring present a more traditional, well-maintained look rather than a fully modern, 'virtually new' aesthetic. Overall, the home is move-in ready with major systems updated and minimal wear, aligning well with the 'Good' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Great Schools: Elementary School: Westlake Elementary School (9/10).
Extensive Recent Upgrades: The home has undergone significant modernization, with most remodeling completed in 2021, including upgraded bathrooms, higher ceilings, recessed lighting with USB chargers, a tankless water heater, and a new refrigerator, offering a move-in ready experience.
Energy Efficiency & Eco-Friendly Features: The property boasts owned (not leased) solar panels and an EV charging station, providing substantial long-term cost savings and appealing to environmentally conscious buyers.
Major System Updates with Guarantees: Key structural components like the roof (installed 2020 with a 50-year guarantee) and exterior paint (repainted 2020 with a 30-year guarantee) have been recently updated, significantly reducing immediate maintenance concerns for a new owner.
Prime Location & Privacy: Nestled at the end of a quiet cul-de-sac, the home offers a peaceful retreat with a private backyard, while still providing easy access to local amenities and conveniences.
Desirable Outdoor Living & Views: An inviting enclosed sunroom offers breathtaking mountain views, and the private backyard features fruit trees, enhancing the property's appeal for relaxation and entertaining.

Cons

Significant Price Discrepancy: The current list price of $797,000 is substantially higher than the property's estimated value of $459,671.71, suggesting a potential overvaluation that could deter buyers and prolong market time.
Smaller Square Footage for Price Point: At 1416 sqft, the property offers less living space compared to some recently sold comparables in the immediate area that achieved similar or higher sale prices, potentially limiting its competitive appeal.
Limited Lot Size: The lot size of 4356 sqft is relatively small, which may be a drawback for buyers seeking more expansive outdoor areas or future expansion potential.

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