1821 Calle Petaluma, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 5 bath
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Thousand Oaks, California 91360
This Spacious Hillside Retreat represents a Strong Value Opportunity, listed at $2,099,000—positioned well below the $2,309,297 Fair Market Value by 9%. This valuation gap offers $210,297 in Instant Equity. Featuring a 30,056 sq ft lot, panoramic 270-degree views, and a resurfaced pool and spa, the home maintains a Condition Rating of 3. With a versatile layout including a secondary kitchen, it is an ideal acquisition for Owner-Occupants seeking multi-generational living or Buy-and-Hold Investors targeting a premium Lynn Ranch asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1821 Calle Petaluma Subject | $1,799,000* List Price | 4 | 5 | 4,160 | $473 | - |
A 1191 Calle Arroyo Sold | $2,280,000 | 5 | 4 | 4,172 | $547 | 0.8 mi |
B 1505 Lynnmere Sold | $1,649,000 | 4 | 4 | 3,363 | $490 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in well-maintained, move-in ready condition with significant recent capital improvements. Major systems including the roof, exterior paint, and water heater were replaced within the last 3 years. While the interior finishes—such as the Saltillo tile flooring, kitchen cabinetry, and bathroom fixtures—reflect a renovation likely performed 10-15 years ago, the home is functional and benefits from a recently resurfaced pool and newer equipment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 4160.
Situated on an expansive 30,000+ sq ft flag lot with a gated courtyard, this home offers exceptional privacy and breathtaking 270-degree views of the canyon and mountains from a 65-foot balcony.
The property has undergone significant capital improvements in the last three years, including a new roof, exterior paint, resurfaced pool/spa, and a custom deck awning, reducing immediate maintenance needs.
The solar system is leased rather than owned, which requires the buyer to assume a contract and may be viewed as a financial encumbrance compared to owned energy systems.
While well-maintained with recent exterior updates, the 1975 construction and Saltillo tile flooring may require additional investment for buyers seeking a more contemporary interior aesthetic.
Rare seller financing opportunity. Seller may carry for qualified buyers, creating additional flexibility for owner-users and investors. Privately situated on an expansive 30,056+ sq ft flag lot in the prestigious Lynn Ranch community of Thousand Oaks, this exceptional view home offers approximately 4,160 sq ft of living space. A long private driveway leads to a gated courtyard entry, creating a true sense of privacy and arrival.The residence features 4 bedrooms, 4.5 bathrooms, three fireplaces, Saltillo terracotta tile flooring, and breathtaking views from nearly every room. A sprawling 65-foot balcony captures sweeping 270-degree panoramic views, perfect for indoor-outdoor living and entertaining.The primary suite is located on the main level and includes a spacious bath with a dedicated washer and dryer. The lower level offers additional living flexibility with a secondary kitchen, bathroom, and laundry area within the existing footprint.Recent improvements completed within the last three years include a new roof, exterior paint, gutters, garage doors, custom tongue-and-groove deck awning with integrated dimmable lighting, and a resurfaced and retiled pool and spa. Additional upgrades include a new water heater and newer pool equipment. The property also features leased solar panels and a three-car garage.An outstanding opportunity to own a private hillside retreat with spectacular views in one of Thousand Oaks' most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,160 | 2,085.5 |
| Lot Size | 30,056 | 9,147 |
| Price | $1.80M | $1.16M |
| Price per sq ft | $432 | $569 |
| Built year | 1975 | 1978 |
| HOA | $0 | $180 |
| Days on market | 44 | 50 |
Jul 9, 2026
$1,799,000
$2,099,000
-14% Price Drop
Initial Listing
Jun 8, 2026
$2,099,000
Initial Listing
Aug 30, 2006
$1,699,000
Public Record
Nov 29, 2002
$750,000
Public Record