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2085 Rayshire Street, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 3 bed, 2 bath

2085 Rayshire Street, Thousand Oaks, California 91362 home-pic-0
ACTIVE$1,349,000
2085 Rayshire Street, Thousand Oaks, California 91362
3Beds
2Baths
2,185Sqft
10,890Lot

Price Vs. Estimate

The estimated value ($1,183,459.81) is $165,540.19 (12%) lower than the list price ($1,349,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2185.
Top Cons:
Dated Interior Elements: The kitchen features original Shaker-style cabinets and the overall 'original charm' suggests that key areas may require significant updates to meet contemporary buyer preferences.

Compared to the nearby listings

Price:$1.35M vs avg $1.35M ($-6,000)47%
Size:2,185 sqft vs avg 2,524 sqft39%
Price/sqft:$617 vs avg $58756%

More Insights

Built in 1964 (61 years old).
Condition: Built in 1964, this home retains much of its original character. The kitchen features original Shaker-style cabinets, white tile countertops, and older built-in appliances, indicating a significant need for modernization. While one bathroom shows a newer vanity and light fixture, the 'saloon doors' are an outdated element, suggesting a partial update rather than a full renovation. The original pecan hardwood flooring is a positive, but overall, the property requires substantial cosmetic updates, especially in the kitchen, to meet contemporary standards.
Year Built
1964
Close
-
List price
$1.35M
Original List price
$1.43M
Price/Sqft
$617
HOA
-
Days on market
-
Sold On
-
MLS number
225004961
Home ConditionFair
Features
View-

About this home

Charming Mid-Century Modern Gem in the Hills of Thousand Oaks! This spacious single-story Mid-Century Modern home is nestled in the desirable hills of Thousand Oaks and offers the perfect blend of original charm and modern potential--ready to move in or customize to your taste! Featuring 2,185 square feet comprising 3 generously sized bedrooms and 2 roomy bathrooms, this home boasts the original pecan hardwood flooring, adding warmth and character. The large kitchen includes a charming greenhouse window and original Shaker-style cabinets, opening to a flexible living area adjacent to a sunroom filled with natural light from skylights and sliding glass doors. Step outside to a private rear yard, offering ample space and easy potential for an ADU (Accessory Dwelling Unit) or Resort-Caliber Pool/Spa/BBQ area on this large nearly 11,000 square foot lot! There's also a very large shed on the side yard that offers even more storage (a perfect option for a potting area for all you budding gardeners). The layout is designed for comfort and functionality, with abundant storage including spacious closets, built-in cabinets, and a large laundry room conveniently located off the attached 2-car garage. Don't miss this rare opportunity to own a unique piece of architectural history in an outstanding location. With great bones and undeniable character, this home is ready to shine--whether as-is or with your personal touch!

Nearby schools

4/10
Conejo Elementary School
Public,•K-5•0.7mi
6/10
Westlake Hills Elementary School
Public,•K-5•1.6mi
6/10
Colina Middle School
Public,•6-8•0.7mi
8/10
Westlake High School
Public,•9-12•2.5mi
Condition Rating
Fair
Built in 1964, this home retains much of its original character. The kitchen features original Shaker-style cabinets, white tile countertops, and older built-in appliances, indicating a significant need for modernization. While one bathroom shows a newer vanity and light fixture, the 'saloon doors' are an outdated element, suggesting a partial update rather than a full renovation. The original pecan hardwood flooring is a positive, but overall, the property requires substantial cosmetic updates, especially in the kitchen, to meet contemporary standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2185.
Architectural Character: A charming Mid-Century Modern gem with original pecan hardwood flooring and 'great bones,' offering a unique aesthetic and solid foundation.
Desirable Location: Nestled in the desirable hills of Thousand Oaks, providing an attractive and sought-after neighborhood setting.
Large Lot & Development Potential: A nearly 11,000 square foot lot with ample space, offering easy potential for an Accessory Dwelling Unit (ADU), a resort-caliber pool/spa/BBQ area, and additional storage with a large shed.
Natural Light & Functional Space: Features a sunroom filled with natural light from skylights and sliding glass doors, a flexible living area, and abundant storage throughout the home.
Strong School District: Located within proximity to highly-rated public schools, including Westlake High School (8/10) and Colina Middle School (6/10), enhancing family appeal.

Cons

Dated Interior Elements: The kitchen features original Shaker-style cabinets and the overall 'original charm' suggests that key areas may require significant updates to meet contemporary buyer preferences.
Significant Price Reductions: Multiple price reductions from the original list price indicate market resistance or an initial overvaluation, potentially impacting buyer perception.
Required Renovation Investment: While livable, the property's description of 'modern potential' and 'personal touch' implies that buyers seeking updated finishes will need to budget for additional renovation costs beyond the purchase price.

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