223 Quails Trail, Thousand Oaks, California 91361, Thousand Oaks, 91361 - 4 bed, 3 bath
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223 Quails Trail
Thousand Oaks, California 91361
ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
3Baths
2,865Sq Ft
12,632Lot Size
Property Price
LIST PRICE$1,199,000
EST. MARKET VALUE
$1,250,990
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,199,000—positioned well below the $1,250,990 Fair Market Value by 4%. This valuation gap offers $51,990 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires interior modernization, yet offers a massive 12,632 SQFT lot, refinished pebble tec pool, and hill views. Located in the Conejo Valley Unified district, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through renovation.
Estimated Market Value
$1,250,990+$51,990 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 |
|---|---|---|---|---|---|---|
★ 223 Quails Trail Subject | $1,199,000* List Price | 4 | 3 | 2,865 | $437 | - |
A 106 Quails Trail Active Under Contract | $1,199,999 List Price | 5 | 3 | 2,865 | $419 | 0.1 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, this 'diamond in the rough' features an interior that is largely original or over 30 years old. While the property has newer windows and a tankless water heater, the kitchen and bathrooms are significantly dated, with stained carpeting and carpeted bathroom vanities indicating a need for a full interior rehab.
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 = 12632, living area = 2865.
- Expansive Lot & Prime Location
Situated on a massive 12,632 SQFT lot at the end of a quiet cul-de-sac, this property offers rare privacy and space for the highly desirable Carriage Square Estates neighborhood.
- Versatile Floor Plan
The 2,865 SQFT layout features soaring ceilings, a convenient downstairs bedroom with a full bath, and a primary suite with a dedicated sitting room, providing excellent flexibility for multi-generational living or home offices.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Significant Cosmetic Updating Required
Characterized as a 'diamond in the rough,' the home requires a comprehensive interior modernization to reach its full market potential and contemporary aesthetic standards.
- Unfinished Outdoor Elements
While the pool is refinished, the spa remains in need of completion, representing an additional project and expense for the buyer to fully realize the backyard's utility.
About 223 Quails Trail
Tucked away on a peaceful cul-de-sac in the highly desirable Carriage Square Estates neighborhood of Thousand Oaks, sits this diamond in the rough with impressive views and an exceptional lot for the area. This 4 bedroom, 3 bathroom pool home offers approximately 2,865 SQFT of living space on a HUGE 12,632 SQFT lot, well priced to reflect its tremendous potential - whether thoughtfully updating, modernizing, or reimagining to your own vision. The residence is highlighted by soaring high ceilings, a cozy fireplace, and a versatile upstairs loft. The primary bedroom features an en suite bathroom and separate sitting room - ideal for a home office, nursery, gym, or private retreat. A convenient downstairs bedroom and full bathroom offer flexibility for guests, in-laws, or a private workspace. Tranquil hill and treetop views can be enjoyed inside and out, adding to the serene setting. Recent updates include newer windows, tankless water heater, and a beautifully refinished pebble tec pool, while the spa offers additional upside for those looking to complete the outdoor transformation. Located near The Oaks shopping and dining center, theaters, Los Robles Trail, Los Robles Greens Golf Course, and Westlake Village, with convenient access to the 101 Freeway. A little vision goes a long way here at 223 Quails Trail.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 12,632 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
Thousand Oaks Unified Schools
Acacia Elementary School
Grades K-5 • 1.5 mi
5/10
Colina Middle School
Grades 6-8 • 1.4 mi
6/10
Westlake High School
Grades 9-12 • 3.4 mi
8/10
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 | 2,865 | 2,074.024 |
| Lot Size | 12,632 | 9,277.097 |
| Price | $1.20M | $1.15M |
| Price per sq ft | $418 | $564 |
| Built year | 1979 | 1974 |
| HOA | $0 | $191 |
| Days on market | 21 | 50 |
Pricing History
Listed for Sale
Aug 19, 2026
$1,199,000
Initial Listing