173 Midbury Hill Road, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 4 bath

173 Midbury Hill Road, Newbury Park, California 91320 home-pic-0
ACTIVE$1,525,000
173 Midbury Hill Road, Newbury Park, California 91320
4Beds
4Baths
3,500Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($1,418,934.43) is $106,065.57 (6%) lower than the list price ($1,525,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Living & Income Potential: The property features a dedicated 1-bedroom ADU with private access, ideal for multigenerational living or generating rental income, complemented by a lower level with a bonus room and bath that could also function as an ADU.
Top Cons:
Multi-level Layout: The property's multi-level design (mid-level entry, upstairs, lower level) may not be suitable for buyers seeking single-story living or those with mobility concerns.

Compared to the nearby listings

Price:$1.52M vs avg $1.11M (+$410,000)82%
Size:3,500 sqft vs avg 2,058 sqft86%
Price/sqft:$436 vs avg $53710%

More Insights

Built in 2003 (22 years old).
Condition: The property, built in 2003, has undergone a comprehensive and recent 'beautifully remodeled' and 'fully updated' renovation. The kitchen features elegant white shaker cabinetry, quartz countertops, custom tile backsplash, a dual temperature beverage cooler, and top-of-the-line stainless steel appliances, all indicative of current high-quality standards. All bathrooms are also extensively updated with luxurious and contemporary finishes, including custom tile showers, soaking tubs, and lighted mirrors. This extensive renovation brings the property's condition to virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2003
Close
-
List price
$1.52M
Original List price
$1.7M
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
V1-29282
Home ConditionExcellent
Features
Excellent View: Mountain(s), Trees/Woods
Deck
Patio
ViewMountain(s), Trees/Woods

About this home

Welcome to 173 Midbury Hill; a beautifully remodeled home with breathtaking views nestled in the unincorporated area of Newbury Park, where country charm meets modern living. Enjoy the freedom of zoning on over 1/3 of an acre that allows livestock, yes, bring your goats, chickens, or a donkey! This expansive home offers 4 official bedrooms, with the potential to create up to 6 bedrooms, plus a 1-bedroom ADU with private access; perfect for multigenerational living or rental income. Step into the mid-level entry where natural light pours into the formal living room with soaring ceilings. The adjacent formal dining room leads to a fully updated kitchen featuring elegant white shaker cabinetry with soft-close doors and drawers, quartz countertops, custom tile backsplash, dual temperature beverage cooler, and top of the line stainless steel appliances. The kitchen flows effortlessly into a cozy family room with a fireplace and sliding doors that open to a wrap-around balcony perfect for enjoying stunning sunset views. This level also offers you a remodeled full bathroom and a private office that can easily convert to an additional bedroom. Upstairs, retreat to a spacious primary suite with panoramic views, a luxurious en-suite bath with dual vanities, a lighted mirror, custom tile shower and soaking tub, and a huge walk-in closet. Two more bedrooms share a renovated full bathroom and are conveniently located near the laundry room. A versatile open loft completes this level, ideal for a home office, gym, or another bedroom. The lower level boasts a massive bonus room, a bedroom, and another fully updated full bath, all with direct private access, making it an excellent candidate for a fully functional ADU. Step outside into a tiered outdoor oasis that invites both relaxation and recreation. Multiple viewing decks offer unforgettable sunset views over the valley and surrounding hillsides. An elevated entertaining area, complete with a custom fire pit and grassy play space, is perfect for gatherings. The property also features a dedicated hobby farm section, complete with structures for livestock and a chicken coop, offering a rare opportunity to embrace a homesteading lifestyle. Located within the highly regarded Conejo Valley Unified School District, this home provides a prestigious address with no HOA restrictions. An additional parcel is available to purchase separately, offering even more potential, whether for a second home or expanded yard.

Condition Rating
Excellent

The property, built in 2003, has undergone a comprehensive and recent 'beautifully remodeled' and 'fully updated' renovation. The kitchen features elegant white shaker cabinetry, quartz countertops, custom tile backsplash, a dual temperature beverage cooler, and top-of-the-line stainless steel appliances, all indicative of current high-quality standards. All bathrooms are also extensively updated with luxurious and contemporary finishes, including custom tile showers, soaking tubs, and lighted mirrors. This extensive renovation brings the property's condition to virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Versatile Living & Income Potential: The property features a dedicated 1-bedroom ADU with private access, ideal for multigenerational living or generating rental income, complemented by a lower level with a bonus room and bath that could also function as an ADU.
Unique Zoning & Hobby Farm: Situated in an unincorporated area with over 1/3 acre zoning that permits livestock, including a dedicated hobby farm section with structures for animals, offering a rare homesteading opportunity.
Breathtaking Views & Outdoor Entertainment: Offers stunning panoramic and sunset views from multiple viewing decks, a wrap-around balcony, and a tiered outdoor oasis complete with a custom fire pit and grassy play space, perfect for relaxation and gatherings.
Extensively Remodeled Interior: The home boasts a beautifully remodeled interior, including a fully updated kitchen with high-end appliances and quartz countertops, and a luxurious primary suite with a renovated en-suite bath.
Flexible & Expansive Floor Plan: With 4 official bedrooms and potential to create up to 6, plus a private office and versatile open loft, the layout offers significant flexibility to adapt to various family needs, home offices, or gyms.

Cons

Multi-level Layout: The property's multi-level design (mid-level entry, upstairs, lower level) may not be suitable for buyers seeking single-story living or those with mobility concerns.
Extensive Outdoor Maintenance: The 'tiered outdoor oasis' and 'hobby farm section' with varied landscaping, while appealing, could require significant ongoing maintenance and effort from the homeowner.
Niche Appeal of Hobby Farm: While a strength for some, the specific zoning allowing livestock and the dedicated hobby farm features cater to a niche market, potentially narrowing the pool of interested buyers.

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