2085 Rayshire Street, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 3 bed, 2 bath
2085 Rayshire Street
Thousand Oaks, California 91362
Property Price
SUMMARY
Analysis of 2085 Rayshire Street, Thousand Oaks, California 91362 reveals a property with a current list price of $1,299,000, which is 8% above the estimated $1,192,197 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Thousand Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2085 Rayshire Street Subject | $1,299,000* List Price | 3 | 2 | 2,185 | $546 | - |
A 2411 Drake Drive Sold | $1,025,000 | 3 | 2 | 2,103 | $487 | 0.2 mi |
B 1605 Shadow Oaks Place Sold | $1,275,000 | 4 | 2 | 2,398 | $532 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this property is well-maintained and move-in ready due to recent cosmetic 'refurbishments' including new interior/exterior paint and new carpeting. However, it does not qualify as 'Good' or 'Excellent' because it lacks a comprehensive modern renovation; the kitchen features painted original cabinets and older appliances rather than a full remodel, and the bathrooms and core systems appear to be aged. It fits the 'Fair' criteria as an older home that is functional and clean but stylistically outdated.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
- Expansive Lot & ADU Potential
The nearly 11,000-square-foot lot offers significant outdoor versatility, providing ample space for a luxury pool, spa, or the addition of an Accessory Dwelling Unit (ADU) to increase property value.
- Mid-Century Architectural Appeal
This single-story 1964 gem features desirable mid-century modern elements, including a light-filled sunroom with skylights and a spacious 2,185-square-foot layout that balances original character with functional living.
CONSRISKS & DEFICIENCIES
- Original Component Limitations
While cosmetically refreshed, the property retains many original 1960s features and 'potential' that may require more extensive capital investment to fully modernize the bathrooms and core systems.
- Market Pricing Adjustment
A recent price reduction from the original list price indicates the property may be facing appraisal or demand challenges relative to more fully renovated homes in the Thousand Oaks hills.
About 2085 Rayshire Street
Charming Mid-Century Modern Gem in the Hills of Thousand Oaks! This spacious Single-Story 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! Recently refurbished with new interior & exterior paint, kitchen cabinets painted, new carpets, etc. Featuring 2,185 square feet comprising 3 generously sized bedrooms and 2 roomy bathrooms, The large kitchen includes a charming greenhouse window and newly-painted 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. Move-In Ready for YOU!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Thousand Oaks Unified Schools
Conejo Elementary School
Grades K-5 • 0.7 mi
Westlake Hills Elementary School
Grades K-5 • 1.6 mi
Colina Middle School
Grades 6-8 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 2,185 | 2,461 | 38% |
| Lot Size | 10,890 | 9,082 | 63% |
| Price | $1.30M | $1.34M | 46% |
| Price per sq ft | $595 | $566 | 60% |
| Built year | 1964 | 1985 | 17% |
| HOA | $0 | $87 | 40% |
| Days on market | 54 | 168 | 9% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,299,000
$1,329,000
-2% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$1,329,000
$1,349,000
-1% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$1,349,000
Initial Listing
Sold
Nov 2, 1995
$297,000
Public Record