2085 Rayshire Street, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 3 bed, 2 bath
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Thousand Oaks, California 91362
This Spacious Single-Story Home is a High-Potential Investment Opportunity, listed at $1,229,900—positioned well below the $1,256,445 Fair Market Value by 2%. This valuation gap offers $26,545 in Instant Equity. Featuring a Condition Rating of 3, the home is move-in ready with recent cosmetic updates, while the 11,000 sqft lot provides significant ADU potential. Located near top-rated schools like Westlake High, this property is ideal for Owner-Occupants seeking long-term value or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2085 Rayshire Street Subject | $1,155,000* List Price | 3 | 2 | 2,185 | $535 | - |
A 877 Falmouth Street Sold | $1,155,000 | 4 | 3 | 2,524 | $458 | 0.2 mi |
B 984 Harris Court Sold | $1,275,000 | 4 | 3 | 2,223 | $574 | 0.3 mi |
C 1660 Shadow Oaks Place Sold | $1,500,000 | 4 | 3 | 2,470 | $607 | 0.7 mi |
D 1391 Morrow Circle Sold | $970,000 | 3 | 2 | 2,107 | $460 | 0.6 mi |
E 1721 Bates Court Active | $1,150,000 List Price | 4 | 2 | 1,685 | $682 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1964, the property has undergone a recent cosmetic refurbishment including new interior/exterior paint, new carpet, and updated bathroom vanities and fixtures. While the kitchen retains older appliances and a dated layout, the cabinets have been freshly painted and the home is presented in well-maintained, move-in ready condition.
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.
The nearly 11,000-square-foot lot provides significant space for a pool, outdoor entertaining, or the addition of an Accessory Dwelling Unit (ADU), offering excellent value-add potential.
This spacious 2,185-square-foot single-level home features recent cosmetic updates, including new paint, carpet, and refurbished cabinetry, allowing for immediate occupancy.
Built in 1964, the home retains original charm that may necessitate future investments in updating older systems or structural elements to meet modern efficiency standards.
With only three bedrooms in a home exceeding 2,100 square feet, the layout may be perceived as less efficient for larger families seeking more private sleeping quarters.
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 Glass in Front Doors, Interior & Exterior Paint, Kitchen Cabinets Painted, New Carpet, etc. Featuring 2,185 square feet comprising 3 generously sized bedrooms and 2 roomy baths. 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) 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. Move-In Ready for YOU!!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,185 | 2,085.5 |
| Lot Size | 10,890 | 9,147 |
| Price | $1.16M | $1.16M |
| Price per sq ft | $529 | $569 |
| Built year | 1964 | 1978 |
| HOA | $0 | $180 |
| Days on market | 61 | 50 |
Jul 19, 2026
$1,155,000
$1,174,900
-2% Price Drop
Initial Listing
Jun 18, 2026
$1,174,900
$1,199,900
-2% Price Drop
Initial Listing
Jun 3, 2026
$1,199,900
$1,229,900
-2% Price Drop
Initial Listing
May 22, 2026
$1,229,900
Initial Listing
Nov 2, 1995
$297,000
Public Record