
Thousand Oaks, California 91360
This property presents a High-Potential Investment Opportunity with a List Price of $1,190,000—positioned well above the $1,051,727 Fair Market Value by -13%. While currently priced above market, the home features breathtaking panoramic views, a 10,454 sq ft lot, and a downstairs primary suite. With a Condition Rating of 4, the home requires significant modernization. Located in the Conejo Valley Unified School District, this is an ideal project for Value-Add Investors or Owner-Occupants looking to renovate a custom masterpiece.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1609 Corte Del Rey Subject | $1,139,000* List Price | 4 | 2 | 2,086 | $498 | - |
A 1455 Calle Morera Sold | $999,000 | 4 | 4 | 1,938 | $515 | 0.9 mi |
B 1771 Calle Artigas Sold | $1,099,000 | 4 | 3 | 2,241 | $490 | 0.8 mi |
C 1134 Calle Pinata Sold | $1,000,000 | 4 | 2 | 2,152 | $465 | 0.6 mi |
D 3571 Avenida Verano Active | $1,150,000 List Price | 4 | 3 | 2,170 | $530 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 and offered for the first time by the original owners, the home is in exceptionally clean but dated condition. With 50-year-old original kitchen cabinetry, tile countertops, popcorn ceilings, and vintage bathrooms, the property requires significant cosmetic and system updates to meet modern standards, though it remains functional and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2086.
The property boasts breathtaking, unobstructed valley and mountain views visible from nearly every room and an expansive second-story balcony.
Situated on a 10,000+ sq ft lot at the end of a quiet cul-de-sac, the home offers significant privacy and includes rare RV gated access.
Being on the market for the first time since 1974, the home requires significant cosmetic and functional updates to meet modern luxury standards.
With four bedrooms but only two bathrooms, the home's ratio may be a drawback for larger families or buyers expecting more modern ensuite options.
First time ever on the market--this is the one you've been waiting for. 1609 Corta del Rey delivers some of the most breathtaking panoramic views in all of Thousand Oaks, stretching across the valley from nearly every vantage point. Tucked away on a quiet cul-de-sac and set on an expansive 10,000 sq ft lot, this 4-bedroom, 2-bath home offers a rare combination of location, privacy, and untapped potential.Designed to embrace its incredible setting, the home features a desirable downstairs primary suite with a private patio--perfect for quiet mornings or unwinding at sunset. The main level offers a spacious living room, dining area, and family room that flows naturally around the kitchen, creating an inviting space for both everyday living and entertaining.A custom sunroom extends off the family room, flooding the home with natural light and framing the sweeping views. Upstairs, three generously sized bedrooms, a full bath, and a large storage room provide flexibility for families, guests, or work-from-home needs. A standout feature is the expansive second-story balcony--your front-row seat to the panoramic views that truly set this property apart.An attached 2-car garage with vaulted ceilings adds valuable storage and functionality. RV gated access. With the right vision and updates, this home has the potential to become a true masterpiece --an exceptional opportunity to create a one-of-a-kind masterpiece in one of Thousand Oaks' most sought-after locations.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 2,086 | 2,050 | 55% |
| Lot Size | 10,454 | 9,583 | 61% |
| Price | $1.14M | $1.07M | 64% |
| Price per sq ft | $546 | $563 | 44% |
| Built year | 1974 | 1970 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 143 | 3% |
May 22, 2026
$1,139,000
$1,190,000
-4% Price Drop
Initial Listing
May 5, 2026
$1,190,000
Initial Listing