216 Windrose Court, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 4 bath

216 Windrose Court, Newbury Park, California 91320 home-pic-0
ACTIVE$1,375,000
216 Windrose Court, Newbury Park, California 91320
3Beds
4Baths
1,964Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($921,192.54) is $453,807.46 (33%) lower than the list price ($1,375,000). 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 = 8276, living area = 1964.
Top Cons:
Significant Overpricing: The current listing price of $1,375,000 is substantially higher than the estimated market value of $921,192.54, indicating it is approximately 33% overpriced.

Compared to the nearby listings

Price:$1.38M vs avg $1.11M (+$260,000)73%
Size:1,964 sqft vs avg 2,056 sqft45%
Price/sqft:$700 vs avg $53892%

More Insights

Built in 1999 (26 years old).
Condition: The property was built in 1999, making it 25 years old. The listing explicitly states the interior is 'reflective and consistent to year built' and 'will require Paint and flooring,' indicating no major renovations since construction. While the exterior appears well-maintained, the interior, including presumed kitchen and bathroom conditions, is likely dated and requires cosmetic updates to meet modern standards. This aligns with the 'Fair' criteria for a home built over 20 years ago with no major renovations since construction, needing minor updates.
Year Built
1999
Close
-
List price
$1.38M
Original List price
$1.38M
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
HD25104744
Home ConditionFair
Features
View-

About this home

Primarily a spread-out residential area in western Thousand Oaks, Newburry Park a scenic area home to many parks and trailheads. Shops, restaurants, and fast-food eateries are gathered along the Ventura Freeway. Hiking paths among lush rolling hills and a cultural center are highlights of this picturesque neighborhood. Very much coveted neighborhood for its great location close to many desired shops, offering for the First time since built this fabulous and perfectly located home is ready for a new family. Home features 3 spacious bedrooms with 3 full baths. Home's Interior is reflective and consistent to year built and will require Paint and flooring which, will be done at close of escrow. with full price offer. Showing requires 24hr notice as courtesy to Tenant

Condition Rating
Fair

The property was built in 1999, making it 25 years old. The listing explicitly states the interior is 'reflective and consistent to year built' and 'will require Paint and flooring,' indicating no major renovations since construction. While the exterior appears well-maintained, the interior, including presumed kitchen and bathroom conditions, is likely dated and requires cosmetic updates to meet modern standards. This aligns with the 'Fair' criteria for a home built over 20 years ago with no major renovations since construction, needing minor updates.
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 = 8276, living area = 1964.
Prime Location: Located in a 'coveted neighborhood' in Newbury Park, known for its scenic beauty, parks, trailheads, and convenient access to shops, restaurants, and the Ventura Freeway.
Spacious Layout: The home offers a comfortable 1964 sqft of living space with 3 spacious bedrooms, suitable for families.
High Bathroom Count: Featuring 4 full bathrooms for 3 bedrooms, providing excellent convenience and flexibility for residents and guests.
Generous Lot Size: The property sits on a substantial 8276 sqft lot, offering ample outdoor space for various uses.
First-Time Offering: This home is being offered for the first time since it was built, suggesting a rare opportunity in a desirable area and potentially indicating long-term care by the original owner.

Cons

Significant Overpricing: The current listing price of $1,375,000 is substantially higher than the estimated market value of $921,192.54, indicating it is approximately 33% overpriced.
Dated Interior Requiring Updates: The interior is consistent with its 1999 build year and explicitly requires new paint and flooring, which will only be addressed with a full-price offer, implying additional immediate investment for cosmetic upgrades.
Tenant Occupancy & Showing Restrictions: The property is tenant-occupied, necessitating a 24-hour notice for showings, which can limit scheduling flexibility and potentially impact the buyer's viewing experience.

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