1588 Burning Tree Drive, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 4 bed, 2 bath
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1588 Burning Tree Drive
Thousand Oaks, California 91362
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
2Baths
1,648Sq Ft
7,047Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$963,747
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Story Residence represents a Strong Value Opportunity, listed at $899,000—positioned well below the $963,747 Fair Market Value by 6%. This valuation gap provides $64,747 in Instant Equity. Featuring a Mint Condition Rating with a renovated kitchen, quartz countertops, and wood-look flooring, the home offers a modern lifestyle near top-rated schools like Los Cerritos Middle. With its functional layout and spacious patios, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate comfort and long-term appreciation.
Estimated Market Value
$963,747+$64,747 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Thousand Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1588 Burning Tree Drive Subject 4 bd · 2 ba · 1,648 sqft · $585 | $899,000* List Price | 4 | 2 | 1,648 | $585 | - |
A 1806 Pepper Tree Court Sold 3 bd · 2 ba · 1,360 sqft · $636 · 0.2 mi | $865,000 | 3 | 2 | 1,360 | $636 | 0.2 mi |
B 1784 Sweet Briar Place Sold 4 bd · 2 ba · 1,750 sqft · $569 · 0.3 mi | $995,000 | 4 | 2 | 1,750 | $569 | 0.3 mi |
C 1794 Alderwood Sold 3 bd · 2 ba · 1,486 sqft · $700 · 0.4 mi | $1,040,000 | 3 | 2 | 1,486 | $700 | 0.4 mi |
D 2414 Rikkard Drive Sold 3 bd · 2 ba · 1,646 sqft · $486 · 0.7 mi | $800,000 | 3 | 2 | 1,646 | $486 | 0.7 mi |
E 1953 Laurel Wood Court Sold 3 bd · 2 ba · 1,575 sqft · $591 · 0.5 mi | $930,369 | 3 | 2 | 1,575 | $591 | 0.5 mi |
F 2649 Rikkard Drive Sold 4 bd · 3 ba · 2,021 sqft · $550 · 0.4 mi | $1,112,000 | 4 | 3 | 2,021 | $550 | 0.4 mi |
G 2397 Laurelpark Court Sold 4 bd · 3 ba · 2,050 sqft · $540 · 0.9 mi | $1,107,000 | 4 | 3 | 2,050 | $540 | 0.9 mi |
H 2202 Aspenpark Court Sold 4 bd · 2 ba · 1,548 sqft · $694 · 0.9 mi | $1,075,000 | 4 | 2 | 1,548 | $694 | 0.9 mi |
I 1702 Burning Tree Drive Active 4 bd · 2 ba · 1,629 sqft · $559 · 0.1 mi | $910,000 List Price | 4 | 2 | 1,629 | $559 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops and subway tile, updated bathrooms with new vanities and glass enclosures, and contemporary wood-look flooring throughout, placing it in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Market Value
Priced under $900,000, this property offers a rare and attractive entry point for a four-bedroom home in the highly desirable Thousand Oaks area.
- Modernized Interior Finishes
The home features a stylishly updated kitchen with quartz countertops and stainless steel appliances, along with vaulted ceilings and contemporary wood-look flooring.
- Functional Single-Story Layout
The single-level floor plan includes separate living and family rooms, providing versatile living spaces and excellent accessibility without the need for stairs.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1973, the property may have aging core systems or structural elements that require more maintenance compared to newer constructions.
- Compact Bedroom Dimensions
With four bedrooms fitted into approximately 1,648 square feet, individual room sizes may feel small, potentially limiting furniture configurations.
About 1588 Burning Tree Drive
Updated single-story living in Thousand Oaks for under $900,000! Located in the established Oakbrook neighborhood, this inviting 4-bedroom, 2-bath home offers approximately 1,648 sq. ft. with vaulted ceilings, a skylight, fireplace, plantation shutters, and wood-look flooring. Separate living and family rooms provide flexible space for relaxing and entertaining. The updated kitchen features white cabinetry, quartz countertops, subway-tile backsplash, stainless steel appliances, and a bright breakfast nook with patio access. The primary suite includes an updated vanity and glass-enclosed shower, while three additional bedrooms offer space for guests or a home office. Enjoy spacious outdoor patios, mature greenery, attractive front landscaping, and an attached two-car garage. Conveniently located near Oakbrook Neighborhood Park, shopping, dining, and the 23 Freeway. Offered at $899,000.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 7,047 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $110.0 / Month
Neighborhood Insights
Thousand Oaks Unified Schools
Los Cerritos Middle School
Grades 6-8 • 0.6 mi
7/10
Westlake High School
Grades 9-12 • 4.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,648 | 2,127.858 |
| Lot Size | 7,047 | 9,656.536 |
| Price | $899.0K | $1.15M |
| Price per sq ft | $546 | $559 |
| Built year | 1973 | 1974 |
| HOA | $110.0 | $200 |
| Days on market | 9 | 50 |
Pricing History
Listed for Sale
Oct 15, 2026
$899,000
Initial Listing
Sold
Aug 31, 2023
$865,000
Public Record
Sold
Apr 21, 2022
$825,000
Public Record
Sold
Oct 20, 2008
$438,000
Public Record
Sold
Jul 24, 2007
$575,000
Public Record