
Thousand Oaks, California 91360
This Move-In Ready Single-Family Residence represents a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,325,386 Fair Market Value by 5%. This valuation gap offers $76,386 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a remodeled entertainer's backyard with a pool and spa, plus a paid-off solar system. With its expansive lot and ADU potential, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1450 Calle Avellano Subject | $1,249,000* List Price | 4 | 2 | 2,031 | $653 | - |
A 897 Old Farm Road Active | $1,425,000 List Price | 4 | 3 | 2,505 | $569 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1961, the property is move-in ready with significant updates. The kitchen and bathrooms feature granite countertops and dark wood cabinetry consistent with a high-quality renovation from approximately 10-15 years ago. The backyard was recently remodeled in 2019, and the inclusion of a paid-off solar system indicates modernized electrical systems. The home is well-maintained but the interior finishes are slightly past the 'Excellent' 5-year renovation window.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23086, living area = 2031.
The recently remodeled backyard features a pool, spa, and built-in BBQ bar area, providing a turnkey outdoor living space perfect for hosting.
Situated on over half an acre, the expansive upper tier of the lot offers significant space and privacy for a potential ADU, guest house, or recreational amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2031, other record living area = 1534. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1961, the home may have underlying aged systems or structural elements that require more maintenance than a newer construction.
The multi-level nature of the lot and elevated setting above the street may present accessibility challenges for those seeking a completely flat parcel.
A truly special half-acre-plus property offering over 2,000 square feet of move-in-ready, single-level living and an entertainer's backyard ready to enjoy from day one. The expansive upper tier of the lot offers incredible potential, with abundant space to build out an ADU, create additional lawn, recreation areas, gardens, or other outdoor amenities, all while enjoying privacy on both sides and backing to open space. Set above the street, the 4 bedroom, 2 full bathroom home has an elevated setting and welcoming approach. Step inside to an open-concept great room that flows seamlessly into the chef's kitchen, featuring a large center island, breakfast peninsula, and views overlooking the pool. The adjacent dining area is framed by large glass sliders that open to the rear patio, creating an ideal indoor/outdoor connection. Down the hallway are two guest bedrooms, a full bathroom, and the primary en-suite privately positioned at the end of the hall with direct access to the backyard. A fourth bedroom located just off the great room offers flexibility as a home office, guest room, or additional living space. The indoor laundry room provides excellent functionality with ample cabinetry, counter space, and a utility sink. The recently remodeled (completed 2019) backyard is designed for entertaining, featuring a beautiful pool and spa, built-in BBQ/bar area with mounted TV, and a sprawling covered patio with multiple dining and lounging areas. Grand Spanish-tile stairs lead to the second tier of the property, opening to even more space and possibilities. One side of the property offers generous RV parking, while the opposite side features a peaceful garden area. A nice bonus with a paid-off solar system offering significant utility savings. Come experience this remarkable property and all it has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 2,031 | 2,074.024 |
| Lot Size | 23,086 | 9,277.097 |
| Price | $1.25M | $1.15M |
| Price per sq ft | $615 | $564 |
| Built year | 1961 | 1974 |
| HOA | $0 | $191 |
| Days on market | 26 | 50 |
Aug 14, 2026
$1,249,000
Initial Listing
Aug 1, 2018
$750,000
Public Record
May 9, 2013
$505,000
Public Record