1733 Alderwood Place, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 4 bed, 3 bath
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Thousand Oaks, California 91362
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned above the $1,051,427 Fair Market Value by 4%. While requiring a full renovation due to its Fair Condition Rating, the 2,187 sqft layout on a 9,790 sqft lot offers significant upside for forced appreciation. Located in a prime Thousand Oaks hillside neighborhood with Mountain Views and proximity to Top-Rated Schools like Westlake High, this asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1733 Alderwood Place Subject | $1,100,000* List Price | 4 | 3 | 2,187 | $481 | - |
A 2596 Rikkard Drive Sold | $1,100,000 | 4 | 3 | 2,021 | $544 | 0.5 mi |
B 2972 Morningside Sold | $850,000 | 4 | 2 | 1,721 | $494 | 0.2 mi |
C 2524 Kensington Avenue Sold | $1,094,305 | 4 | 3 | 2,673 | $409 | 1.0 mi |
D 2654 Whitechapel Place Sold | $1,375,000 | 4 | 3 | 3,014 | $456 | 1.0 mi |
E 2280 Meadowside Drive Sold | $1,067,000 | 5 | 3 | 2,461 | $434 | 0.6 mi |
F 3668 Sunset Knolls Drive Active Under Contract | $1,010,000 List Price | 4 | 2 | 2,139 | $472 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 (49 years old) with no mention of updates. The listing description uses industry-standard language for a fixer-upper, such as 'endless potential' and 'reimagine and renovate,' indicating the property requires a full rehab and likely has original, outdated systems and interiors.
Situated in a highly sought-after hillside neighborhood, the property offers immediate access to Oak Brook Park, hiking trails, and horse riding areas, catering perfectly to active lifestyles.
The home features exceptional mountain views that provide a picturesque backdrop for sunset gatherings and outdoor relaxation, significantly enhancing the property's aesthetic appeal.
With a spacious 2,187 sqft layout on a nearly 10,000 sqft lot, this property serves as a blank canvas for buyers looking to renovate and create a high-value custom dream home.
The listing emphasizes the need for transformation and reimagining, indicating that the property likely requires a substantial additional investment in repairs and modernization to reach its full potential.
The property is subject to a monthly association fee of approximately $357, which adds to the ongoing cost of ownership and may be a deterrent for buyers seeking fee-simple ownership without an HOA.
Fantastic rare opportunity to own one of Ventura's most prime desirable sought after hillside neighborhood location, exceptional opportunity, endless potential, to transform this home, a chance to reimagine and renovate into a stunning custom. Ideal for buyers looking to create their dream home. 'Mountain Views, perfect setting for sunset gatherings, morning coffee, or relaxing under the stars. Neighborhood offers exceptional Thousand Oaks living, walk to Oak Brook Park offering a basketball court, walking & jogging paths, playground, picnic areas, and several nearby hiking trails throughout. Nearby Horse Trails/Riding areas. Home is conveniently located near freeway, shopping, restaurants, all Thousand Oaks has to offer. Buyers and Buyers agent to verify all information.
No exterior & parking available.
Grades 6-8 • 0.9 mi
Grades 9-12 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,187 | 2,085.5 |
| Lot Size | 9,790 | 9,147 |
| Price | $1.10M | $1.16M |
| Price per sq ft | $503 | $569 |
| Built year | 1975 | 1978 |
| HOA | $357.21 | $180 |
| Days on market | 0 | 50 |
Jun 18, 2026
$1,100,000
Initial Listing
Sep 2, 2003
$520,000
Public Record