
Thousand Oaks, California 91360
This property presents a Strong Value Opportunity with a List Price of $825,000—positioned well below the $868,478 Fair Market Value by 5%. This valuation gap offers $43,478 in Instant Equity for buyers. With a Condition Rating of 4, the home serves as a blank canvas for modernization. The expansive 14,810 sq. ft. lot provides significant upside for ADU construction or expansion. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a long-term asset in a prime Thousand Oaks cul-de-sac.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1254 Calle Pimiento Subject | $825,000* List Price | 4 | 2 | 1,534 | $566 | - |
A 727 Calle Pensamiento Sold | $854,000 | 3 | 2 | 1,346 | $634 | 0.5 mi |
B 975 E Avenida De Los Arboles Sold | $680,000 | 4 | 2 | 1,771 | $384 | 0.2 mi |
C 1322 E Avenida De Los Arboles Sold | $779,000 | 3 | 2 | 1,300 | $599 | 0.1 mi |
D 2470 Avenida De Las Plantas Sold | $600,500 | 3 | 1 | 979 | $613 | 0.3 mi |
E 2248 Drayton Sold | $941,500 | 3 | 2 | 1,566 | $601 | 1.0 mi |
F 1455 Calle Morera Sold | $999,000 | 4 | 4 | 1,938 | $515 | 0.3 mi |
G 2665 Calle Limonero Active | $774,900 List Price | 4 | 2 | 1,534 | $505 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the home features a kitchen and flooring update likely performed 15-20 years ago (mid-2000s style). While functional and move-in ready, the listing explicitly identifies it as a renovation project and a 'canvas for buyers looking to update,' suggesting that major systems and cosmetic finishes are dated and nearing the end of their useful life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1534.
The nearly 15,000 sq. ft. lot is a rare find in Thousand Oaks, providing ample space for a pool, home expansion, or the construction of an ADU for multi-generational living or rental income.
Situated on a quiet, established cul-de-sac, the property offers enhanced privacy and safety while remaining minutes away from award-winning schools, hiking trails, and local amenities.
The property likely retains its original 1961 condition, necessitating a significant budget for cosmetic updates and modern functional improvements to meet current market standards.
Due to the home's age and long-term single ownership, buyers should anticipate potential costs for modernizing older mechanical, electrical, and plumbing systems.
Welcome to a truly special opportunity in the heart of Thousand Oaks. Tucked away on a peaceful cul-de-sac, 1254 Calle Pimiento is being offered for sale for the very first time in nearly six decades. This charming four-bedroom, two-bathroom home sits on an expansive 14,810 sq. ft. lot, offering endless possibilities for its next owner. Inside, you'll find a spacious and functional floor plan designed for comfortable everyday living. The home is filled with warmth and character, providing the perfect canvas for buyers looking to update, or renovate. The true centerpiece of this property is the remarkable lot size, Rarely does an opportunity arise to own nearly a third of an acre in such a desirable neighborhood. Whether you envision creating a dream backyard, adding outdoor entertaining spaces, installing a pool, building an ADU (buyer to verify), or expanding the existing home, the possibilities are exceptional. The size and usability of the lot make this property a long-term investment with tremendous upside. Located in an established neighborhood surrounded by mature trees, you'll enjoy the tranquility of cul-de-sac living while remaining just minutes from award-winning schools, parks, hiking trails, shopping, dining, and convenient freeway access. Whether you're searching for a forever family home, a renovation project with incredible potential, or a property where you can create your dream estate, 1254 Calle Pimiento offers a rare combination of location, lot size, charm, and opportunity that is becoming increasingly difficult to find. Don't miss your chance to own a piece of Thousand Oaks history and create the next chapter in this remarkable home's story.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,534 | 2,085.5 |
| Lot Size | 14,810 | 9,147 |
| Price | $825.0K | $1.16M |
| Price per sq ft | $538 | $569 |
| Built year | 1961 | 1978 |
| HOA | $0 | $180 |
| Days on market | 2 | 50 |
Jul 20, 2026
$825,000
Initial Listing