2142 Wetstone, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 2 bed, 2 bath
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2142 Wetstone
Thousand Oaks, California 91362
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,128Sq Ft
2,955Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$548,497
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned slightly above the $548,497 Fair Market Value. While the property requires a full interior transformation, its status as a one-story end-unit with no interior steps provides a rare, accessible layout in the sought-after Woodlands community. With a Condition Rating of 5, this asset is a blank canvas for Fix-and-Flip Investors or Contractors to build value through strategic renovations while leveraging proximity to top-tier Conejo Valley schools.
Estimated Market Value
$548,497
Based on Realkey algorithm analyzing recent comparable sales in Thousand Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2142 Wetstone Subject 2 bd · 2 ba · 1,128 sqft · $486 | $550,000* List Price | 2 | 2 | 1,128 | $486 | - |
A 2239 Sonoma Court Active Under Contract 3 bd · 2 ba · 1,152 sqft · $520 · 0.3 mi | $599,000 List Price | 3 | 2 | 1,152 | $520 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1979 (45 years old) with no mention of recent renovations. The listing description explicitly targets investors and contractors to 'transform' the property, which is industry shorthand for a full rehab. While the structure appears intact, the age and agent remarks suggest original or near-original kitchen, baths, and systems that require significant updating to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Level Accessibility
As a one-story end-unit with no interior steps, this property is highly desirable for buyers seeking long-term accessibility and the added privacy of having only one shared wall.
- Prime Community Location
Located in the sought-after Woodlands community, the home offers excellent proximity to award-winning schools, shopping, dining, and freeway access, alongside premium amenities like a pool and clubhouse.
- Strong Equity Potential
Positioned as the 'best value' in Thousand Oaks, this property serves as an ideal canvas for investors or contractors to build significant equity through strategic renovations and personalization.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The property is marketed as a fixer-upper needing 'vision,' suggesting that a substantial additional investment in capital and labor will be required to bring it to modern standards.
- High Monthly Carrying Costs
The association fee of $558 per month is relatively high for the square footage, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
About 2142 Wetstone
Welcome to this lovely end-unit, one-story home with 2 bedrooms, 2 baths, and 1,128 sq ft., no steps inside, and a fantastic opportunity for investors, contractors, or buyers looking to personalize and transform a house into a home. The best value in Thousand Oaks, with plenty of guest parking, Club House, Swimming Pool an Most desirable community: The Woodland. Close to shopping, restaurants, parks, award-winning schools, and freeway access. Bring your vision and make it your own.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 2,955 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $558.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,128 | 1,455.577 |
| Lot Size | 2,955 | 3,210.277 |
| Price | $550.0K | $693.0K |
| Price per sq ft | $488 | $478 |
| Built year | 1979 | 1981 |
| HOA | $558.0 | $559 |
| Days on market | 8 | 78 |
Pricing History
Listed for Sale
Oct 17, 2026
$550,000
Initial Listing
Price Change
Oct 16, 2026
$550
Initial Listing