1496 Kathleen Drive, Newbury Park, California 91320, Newbury Park, 91320 - 2 bed, 2 bath
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1496 Kathleen Drive
Newbury Park, California 91320
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,564Sq Ft
10,018Lot Size
Property Price
LIST PRICE$880,000
EST. MARKET VALUE
$922,419
4% BelowMARKET VALUE
SUMMARY
This Mountain-Inspired Retreat is a High-Potential Investment Opportunity, listed at $880,000—positioned well below the $922,420 Fair Market Value by 4%. This valuation gap offers $42,420 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes a Chef-Ready Kitchen, Mahogany Flooring, and Vaulted Wood-Beam Ceilings. With a 10,018 sqft lot and potential for a third bedroom, this property is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors targeting the desirable Conejo Valley Unified school district.
Estimated Market Value
$922,419+$42,419 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Newbury Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1496 Kathleen Drive Subject | $880,000* List Price | 2 | 2 | 1,564 | $590 | - |
A 31 S Ellis Place Sold | $930,000 | 3 | 2 | 1,595 | $583 | 0.5 mi |
B 855 Tupelo Wood Court Sold | $975,000 | 4 | 2 | 1,663 | $586 | 0.7 mi |
C 832 Ballina Court Sold | $960,000 | 3 | 2 | 1,535 | $625 | 0.9 mi |
D 263 Castilian Avenue Sold | $1,075,000 | 4 | 3 | 2,015 | $533 | 0.9 mi |
E 284 Heavenly Valley Active | $884,900 List Price | 3 | 2 | 1,217 | $727 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1971, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features upgraded cabinetry, granite countertops, and stainless steel appliances, while the living areas boast mahogany flooring and vaulted wood-beam ceilings. With newly refinished balconies and a functional, move-in-ready interior, it meets the criteria for a well-maintained, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1564.
- Great Schools
Elementary School: Westlake Elementary School (9/10).
- Architectural Character
The home features stunning vaulted wood-beam ceilings and rich mahogany flooring, creating a high-end, mountain-inspired aesthetic that provides a unique and warm ambiance.
CONSRISKS & DEFICIENCIES
- Limited Initial Bedroom Count
With only two existing bedrooms, the property may appeal to a narrower buyer demographic compared to the standard three-bedroom family homes typically sought in this price point.
- 1970s Infrastructure
Built in 1971, the property may require ongoing maintenance or further modernization of original systems to meet contemporary energy efficiency and building standards.
About 1496 Kathleen Drive
Escape to this mountain-inspired retreat, perfectly positioned just 10 minutes from local shopping, dining, and freeway access. Soaring vaulted wood-beam ceilings, rich mahogany flooring, and a cozy freestanding fireplace create a warm, inviting ambiance throughout the main living spaces. The chef-ready kitchen features upgraded cabinetry, generous counter space, and stainless-steel appliances. Upstairs, dual newly refinished balconies extend from the living areas, offering serene elevated views. The expansive main living area holds incredible flexibility, with clear potential for conversion into a primary suite or third bedroom. Outdoors, two versatile side yards provide ideal setups for entertaining, complemented by a 2-car direct-access garage and ample space for RV parking.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 10,018 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newbury Park Unified Schools
Banyan Elementary School
Grades K-5 • 2.6 mi
6/10
Aspen Elementary School
Grades K-5 • 2.7 mi
6/10
Acacia Elementary School
Grades K-5 • 2.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,564 | 2,176.038 |
| Lot Size | 10,018 | 8,415.744 |
| Price | $880.0K | $1.13M |
| Price per sq ft | $563 | $536 |
| Built year | 1971 | 1982 |
| HOA | $0 | $148 |
| Days on market | 19 | 50 |
Pricing History
Listed for Sale
Aug 21, 2026
$880,000
Initial Listing
Sold
Nov 5, 2018
$640,000
Public Record