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206 Venado Avenue, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 2 bath

206 Venado Avenue, Newbury Park, California 91320 home-pic-0
ACTIVE$1,140,000
206 Venado Avenue, Newbury Park, California 91320
4Beds
2Baths
2,307Sqft
7,840Lot

Price Vs. Estimate

The estimated value ($595,802.395) is $544,197.605 (47%) lower than the list price ($1,140,000). This property may be overpriced.

Key pros and cons

Top Pros:
Energy Efficiency: The property features a fully paid-off solar system, offering significant long-term energy savings and environmental benefits.
Top Cons:
Aggressive Pricing Strategy: The current list price is significantly higher than the property's estimated value and appears aggressive when compared to several recently sold, more extensively updated, or amenity-rich comparable properties.

Compared to the nearby listings

Price:$1.14M vs avg $1.11M (+$25,000)55%
Size:2,307 sqft vs avg 2,058 sqft63%
Price/sqft:$494 vs avg $53729%

More Insights

Built in 1966 (59 years old).
Condition: This 1966-built home has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances, and a subway tile backsplash, while the bathrooms boast contemporary vanities and updated tile work. Flooring appears to be a mix of modern LVP/engineered wood and carpet, all in good condition. The property benefits from a fully paid-off solar system, indicating a commitment to energy efficiency. While extensively renovated in key areas, the 1966 build year suggests that not all core systems may be brand new, placing it firmly in the 'Good' category rather than 'Excellent' which typically implies a full, very recent overhaul of all major components.
Year Built
1966
Close
-
List price
$1.14M
Original List price
$1.18M
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
CV25058768
Home ConditionGood
Features
Good View: Hills
Patio
ViewHills

About this home

Welcome to this beautifully updated, move-in-ready home, perfect for your next chapter! Featuring a fully paid-off solar system, this home offers energy efficiency and long-term savings. Step inside to discover a bright and inviting interior with neutral paint tones and large windows that bring in an abundance of natural light. The main floor boasts a spacious living/family room off the front entrance, seamlessly connecting to the kitchen and dining area—ideal for gatherings and everyday living. The primary bedroom and ensuite bathroom are conveniently located on the main level, providing comfort and privacy. Upstairs, you'll find three additional bedrooms, a full bathroom, and a versatile bonus room (as pictured with a slanted ceiling) that can be used as a home office, playroom, or game room. With a well-designed layout, this home offers both functionality and flexibility for modern living. Located in a desirable neighborhood, this home provides a welcoming community atmosphere with nearby parks, schools, and shopping. Don't miss this opportunity—schedule a showing today!

Condition Rating
Good
This 1966-built home has undergone significant and tasteful updates, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances, and a subway tile backsplash, while the bathrooms boast contemporary vanities and updated tile work. Flooring appears to be a mix of modern LVP/engineered wood and carpet, all in good condition. The property benefits from a fully paid-off solar system, indicating a commitment to energy efficiency. While extensively renovated in key areas, the 1966 build year suggests that not all core systems may be brand new, placing it firmly in the 'Good' category rather than 'Excellent' which typically implies a full, very recent overhaul of all major components.
Pros & Cons

Pros

Energy Efficiency: The property features a fully paid-off solar system, offering significant long-term energy savings and environmental benefits.
Move-in Ready & Updated Interior: Described as 'beautifully updated' and 'move-in-ready' with neutral paint tones and large windows, providing a bright and inviting atmosphere.
Functional Layout with Main Level Primary: The home boasts a well-designed layout, including a convenient primary bedroom and ensuite bathroom on the main level for comfort and privacy.
Versatile Living Space: An upstairs bonus room with a slanted ceiling offers flexible usage as a home office, playroom, or game room, catering to diverse family needs.
Desirable Location & Views: Situated in a welcoming neighborhood with nearby parks, schools, and shopping, complemented by desirable 'Hills' views.

Cons

Aggressive Pricing Strategy: The current list price is significantly higher than the property's estimated value and appears aggressive when compared to several recently sold, more extensively updated, or amenity-rich comparable properties.
Absence of Key Outdoor Amenities: Unlike many competitive properties in the area, this home does not mention a pool or spa, which could be a disadvantage for buyers seeking these popular features in the California climate.
Potential for Older Core Systems: Despite being 'beautifully updated,' the 1966 build year suggests that some core systems (e.g., plumbing, electrical) might still be original or older, potentially leading to unforeseen maintenance or replacement costs.

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