2163 Palos Court, Thousand Oaks, California 91320, Thousand Oaks, 91320 - 4 bed, 3 bath
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2163 Palos Court
Thousand Oaks, California 91320
ACTIVE
CONDITION: POOR
4Beds
3Baths
3,143Sq Ft
9,147Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$1,081,402
7% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,199,900—positioned well below the $1,269,458 Fair Market Value by 5%. This valuation gap offers $69,558 in Instant Equity for buyers. Featuring a 3,143 sq. ft. floor plan with a private pool and mountain views, the home has a Condition Rating of 5, requiring modernization. The versatile upstairs layout supports multi-generational living. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through renovation.
Estimated Market Value
$1,081,402+$82,402 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2163 Palos Court Subject | $999,000* List Price | 4 | 3 | 3,143 | $344 | - |
A 564 Strauss Drive Active | $999,900 List Price | 4 | 3 | 2,599 | $385 | 0.9 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 1966 with no evidence of major renovations in over 30 years. The interior features dated finishes including popcorn ceilings, older tile flooring, and original-style bathrooms with frosted glass enclosures. The listing's 'As-Is' estate sale status and mention of 'potential to update' indicate the home requires a comprehensive rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Potential
The upstairs features a private living area with space for a potential kitchenette, making it ideal for guests, a home office, or multi-generational living arrangements.
- Spacious Floor Plan
Boasting over 3,100 square feet on a quiet cul-de-sac, this home offers a generous layout and substantial living space rarely found at this price point in Newbury Park.
- Outdoor Amenities & Views
The property includes a private pool and offers scenic mountain views, providing a strong foundation for an impressive outdoor entertaining space.
CONSRISKS & DEFICIENCIES
- As-Is Condition
Being sold as an estate sale in its present as-is condition, the property requires significant updating and modernization to reach its full market potential.
- Deferred Maintenance Risk
Given the 1966 construction and estate sale status, buyers should anticipate potential costs for upgrading older systems and structural elements.
About 2163 Palos Court
Seller has reduced this property to sell. Exceptional opportunity to own this spacious approximately 3,143 sq. ft. home located on a quiet cul-de-sac in desirable Newbury Park. Featuring 4 bedrooms, 3 bathrooms, a pool, fireplace, and an excellent floor plan, this home offers endless potential for a buyer ready to update and personalize it. The upstairs provides a private living area complete with its own bathroom and space that may accommodate a kitchenette, making it ideal for extended family, guests, a home office, or multi-generational living. Conveniently located near parks, schools, shopping, hiking trails, and freeway access. Property is being sold in its present AS-IS condition. Estate Sale.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 9,147 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 3,143 | 2,074.024 |
| Lot Size | 9,147 | 9,277.097 |
| Price | $999.0K | $1.15M |
| Price per sq ft | $318 | $564 |
| Built year | 1966 | 1974 |
| HOA | $0 | $191 |
| Days on market | 50 | 50 |
Pricing History
Listed for Sale
Aug 18, 2026
$999,000
$1,099,000
-9% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$1,099,000
$1,199,900
-8% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$1,199,900
Initial Listing