14297 Olive Street, Moorpark, California 93021, Moorpark, 93021 - 5 bed, 3 bath
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Moorpark, California 93021
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,239,500—positioned well below the $1,370,677 Fair Market Value by 9%. This valuation gap offers $131,177 in Instant Equity for the buyer. With a Mint Condition Rating and over $63,000 in recent upgrades, including a 2025 dual-system A/C, this home offers panoramic mountain views and a versatile layout. It is an ideal acquisition for Owner-Occupants seeking a move-in-ready lifestyle or discerning buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14297 Olive Street Subject | $1,239,500* List Price | 5 | 3 | 2,904 | $472 | - |
A 14431 Shawnee Street Sold | $1,455,021 | 5 | 3 | 2,795 | $521 | 0.5 mi |
B 4305 Crabapple Court Sold | $1,215,000 | 4 | 4 | 3,029 | $401 | 0.4 mi |
C 4578 Big Country Court Sold | $1,360,000 | 4 | 5 | 3,125 | $435 | 0.3 mi |
D 4630 Rio Bravo Court Sold | $1,575,000 | 4 | 5 | 3,307 | $476 | 0.4 mi |
E 4440 Coffeetree Active | $1,275,000 List Price | 4 | 3 | 2,704 | $472 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2002, the property underwent extensive renovations and maintenance from 2020-2026, meeting the <5y reno criteria. Significant upgrades include a brand-new dual A/C system (2025), roof tune-up, and $63k in total improvements. Kitchen and baths feature fresh paint, updated stainless appliances, and new fixtures, ensuring mint, move-in-ready condition with no deferred maintenance.
With over $63,000 invested in improvements between 2020 and 2026, including a new dual-system A/C (2025), roof maintenance, and fresh paint, the home offers significant turnkey value and reduced immediate maintenance costs.
Situated in the gated Alterra at Serenata community, the property boasts sweeping hillside and mountain vistas, particularly from the primary suite, which enhances the home's luxury appeal and marketability.
The 2,904 sq. ft. floor plan is highly functional, featuring a sought-after first-floor bedroom and full bath, an upstairs loft/office, and a 3-car garage, catering perfectly to multi-generational families or remote professionals.
At 7,405 sq. ft., the lot size is relatively compact for a large five-bedroom home, which may limit outdoor space for buyers prioritizing expansive private yards or large-scale gardening.
Despite the impressive recent upgrades, the property was built in 2002, meaning original infrastructure elements not covered in the recent $63k renovation may be approaching the end of their typical functional lifespan.
Sweeping mountain & hillside views Gated community of Alterra at Serenata in Moorpark 5-beds | 3 Baths 2,904 sq. ft. of living space Upstairs loft/office Flexible layout includes: Formal living & Dining areas - First-floor bedroom and bath (ideal for guests, office, or multi-purpose use) Kitchen opens to the Family Room (complete with a cozy fireplace) includes updated stainless steel appliances (Kitchen Aid double ovens, microwave & dishwasher) SS refrigerator | washer | dryer included Upstairs Large Primary Suite w/ panoramic mountain views has a spacious en-suite bathroom & enormous walk-in closet 4 Secondary bedrooms Large loft | Office area Attached 3-car garage (separate bays 2-car & single car) Professional xeriscape landscaping w/ automated irrigation for easy maintenance Nearby parks, shopping, dining Easy freeway access.Extensive improvements and maintenance completed from 2020-2026 include: interior painting throughout much of the home; exterior trim painting; kitchen cabinet & wall painting; bathroomupdates; shower glass repair/replacement; new sconces & electrical switches; kitchen counter & backsplash re-grouting; rear slider repair, new side garage door frame, & multiple window replacements. Major system upgrades: upgraded first & second-floor A/C - dual-system (2025); Nest thermostats; whole house fan; updated Smoke & CO detectors; Sewer main check valve replacement; Roof tune-up w/ vent replacement & resealing - Approximate recent repair and upgrade investment exceeds $63,000.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,904 | 2,415 | 65% |
| Lot Size | 7,405 | 6,664.5 | 55% |
| Price | $1.24M | $1.07M | 68% |
| Price per sq ft | $427 | $450 | 38% |
| Built year | 2002 | 1988 | 72% |
| HOA | $157.0 | $156 | 51% |
| Days on market | 23 | 151 | 3% |
May 14, 2026
$1,239,500
Initial Listing
May 24, 2002
$451,000
Public Record