1363 Walnut Canyon Road, Moorpark, California 93021, Moorpark, 93021 - 2 bed, 1 bath

1363 Walnut Canyon Road, Moorpark, California 93021 home-pic-0
ACTIVE$750,000
1363 Walnut Canyon Road, Moorpark, California 93021
2Beds
1Bath
838Sqft
11,325Lot
Year Built
1948
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$895
HOA
-
Days on market
-
Sold On
-
MLS number
CV25151692
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(6th), sqft - 838(1th), beds - 2(5th), baths - 1(3th).

Welcome to an exceptional opportunity in the heart of Moorpark, Ventura County! This charming 2-bedroom, 1-bath single-family residence offers 838 sq ft of comfortable living space, perfectly nestled on a generous 11,718 sq ft lot. With endless potential, this property is a rare find—ideal for homeowners, developers, or investors looking to expand or build new.The expansive lot provides ample space to add an ADU or even a second home (buyer to verify), making this an outstanding investment in one of Moorpark’s most desirable areas. Surrounded by beautifully maintained, multi-million dollar estates and conveniently located near Simi Valley, Thousand Oaks, and the San Fernando Valley, the property combines peaceful residential living with easy access to shopping, dining, schools, and major freeways.The home features an upgraded electrical panel for enhanced functionality and future expansion. Whether you're looking to create your dream home with room to grow, or develop a new project in a prime location, this property offers the perfect canvas. Don’t miss your chance to own in one of Ventura County’s most sought-after communities. Schedule your private showing today and unlock the true potential of this unique property!

Price History

Date
Event
Price
07/21/25
Listing
$750,000
Condition Rating
Poor

The property was built in 1948, making it over 75 years old. While the exterior appears maintained and an upgraded electrical panel is noted, there are no interior images provided, particularly for the kitchen and bathroom. This strongly suggests these areas, along with other major systems and finishes, are original or very outdated and would require substantial renovation to meet current standards. The listing description emphasizes the 'endless potential' and 'perfect canvas' for expansion or new construction, indicating that the value lies more in the land and redevelopment opportunities than in the existing structure's current condition. It is likely livable but would require significant rehabilitation for comfort and modernization.
Pros & Cons

Pros

Prime Location: Strategically located in a highly desirable area of Moorpark, Ventura County, surrounded by multi-million dollar estates, offering convenient access to major cities like Simi Valley, Thousand Oaks, and the San Fernando Valley, along with local amenities.
Significant Lot Size & Expansion Potential: A generous 11,718 sq ft lot provides ample space for adding an Accessory Dwelling Unit (ADU) or even a second home, presenting substantial development or expansion opportunities.
Strong Investment/Development Opportunity: This property is an outstanding investment for homeowners, developers, or investors looking to capitalize on its potential to expand or build new in a prime, sought-after location.
Upgraded Electrical Infrastructure: The home features an upgraded electrical panel, enhancing functionality and providing a solid foundation for future expansions or modernization projects.
Desirable Community & Neighborhood: Situated in one of Ventura County’s most sought-after communities, known for its well-maintained, high-value estates, contributing to long-term property value and appeal.

Cons

Limited Living Space: The current residence offers only 838 sq ft with 2 bedrooms and 1 bathroom, which is relatively small for a single-family home and may not meet the needs of larger households without significant expansion.
Older Construction: Built in 1948, the property is an older home, which may imply a need for significant modernization, updates, or maintenance beyond the electrical panel to meet contemporary standards.
Emphasis on Potential Implies Current Condition: The description heavily emphasizes the property's 'potential' and 'perfect canvas,' suggesting the existing structure may require substantial investment to align with modern living expectations or neighborhood aesthetics.

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