159 Heavenly Valley Road, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 3 bath
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Newbury Park, California 91320
This Versatile Dual-Residence Property represents a High-Potential Investment Opportunity, listed at $895,000—positioned well below the $913,795 Fair Market Value by 2%. This gap provides $18,795 in Instant Equity. With a Condition Rating of 4, the home offers significant upside through cosmetic modernization. Featuring Dual Living Potential and a Three-Car Garage, it is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking rental income. Located near Top-Rated Schools and scenic hiking trails, this property balances financial growth with lifestyle flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 159 Heavenly Valley Road Subject | $895,000* List Price | 4 | 3 | 1,499 | $610 | - |
A 855 Tupelo Wood Court Sold | $975,000 | 4 | 2 | 1,663 | $586 | 0.2 mi |
B 253 Beech Road Sold | $703,000 | 3 | 2 | 1,391 | $505 | 0.3 mi |
C 133 Charro Avenue Sold | $935,000 | 4 | 2 | 1,790 | $522 | 0.5 mi |
D 1165 Mcknight Sold | $899,900 | 2 | 2 | 1,664 | $541 | 0.2 mi |
E 122 Beech Road Sold | $830,000 | 3 | 2 | 1,530 | $542 | 0.3 mi |
F 6 S Jerome Avenue Sold | $899,000 | 3 | 2 | 1,493 | $602 | 0.8 mi |
G 284 Heavenly Valley Active | $925,000 List Price | 3 | 2 | 1,217 | $760 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this 35-year-old property is well-maintained and features fresh interior paint, but remains aesthetically dated. The kitchens in both the main house and ADU utilize original-style cabinetry and tile/laminate countertops, while the bathrooms retain 1980s-era fixtures and tiling. Although functional and move-in ready, the property exceeds the 20-year threshold for modern updates and requires cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1499.
Elementary School: Westlake Elementary School (9/10).
The property features two distinct residences under one roof with separate entrances and individual utility meters, providing an exceptional opportunity for rental income or multigenerational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The reliance on a shared laundry room between the two units may slightly diminish the total privacy and independence for occupants of both the main home and the ADU.
The listed 1,499 square feet appears to conflict with the described total living area of approximately 2,175 square feet, which may lead to appraisal complexities or permit verification needs.
Rarely does a property offer this level of flexibility, privacy, and opportunity in the desirable Newbury Park community. Featuring two separate residences under one roof, this exceptional property is ideal for multigenerational living, families with adult children or aging parents, rental income, a private home office, long-term guests, or countless other lifestyle needs. The main residence offers approximately 1,500 square feet with 3 bedrooms and 2 bathrooms, while the attached ADU/garage apartment provides approximately 675 square feet with 1 bedroom and 1 bathroom. Each residence enjoys its own private entrance, separate backyard space, individual water and electric meters, and fresh interior paint throughout. The main home welcomes you with vaulted ceilings in the spacious living room, flowing seamlessly into the dining area with a sliding glass door opening to the backyard. The adjacent kitchen features abundant white cabinetry, generous countertop space, a breakfast bar peninsula, and a window overlooking the backyard. The private primary suite includes a walk-in closet and a sliding glass door to the backyard, while the distinctive en-suite bath showcases a skylight, oversized jetted soaking tub, dual sink vanity open to the bedroom, plus a separate shower and private water closet. Two additional bedrooms share a full hall bathroom. Outside, a covered patio and expansive backyard offer endless possibilities for creating a peaceful outdoor retreat. The attached ADU boasts vaulted ceilings, an open living and dining area, and a sliding glass door leading to a spacious private wraparound deck. The galley kitchen connects to a full bathroom that also serves as an en-suite to the bedroom, which features a walk-in closet and secondary hall access. A shared laundry room serves both residences, with a lockable access door to the main home for added privacy. Completing the property is a unique three-car garage with separate one-car and two-car bays divided by a wall, each with its own automatic garage door. Ideally situated near scenic hiking and equestrian trails, neighborhood parks, shopping, restaurants, and convenient access to the Ventura (101) Freeway, this versatile property presents an outstanding opportunity for homeowners and investors alike.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-5 • 2.2 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,499 | 2,017 |
| Lot Size | 7,840 | 8,712 |
| Price | $895.0K | $1.10M |
| Price per sq ft | $597 | $552 |
| Built year | 1989 | 1978 |
| HOA | $0 | $163 |
| Days on market | 8 | 48 |
Jul 14, 2026
$895,000
Initial Listing
Jun 4, 2004
$545,500
Public Record
Apr 25, 2003
$442,500
Public Record