245 Oakleaf Drive 205, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 2 bed, 2 bath

245 Oakleaf Drive 205, Thousand Oaks, California 91360 home-pic-0

245 Oakleaf Drive 205

Thousand Oaks, California 91360

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,147Sq Ft
2,613Lot Size

Property Price

LIST PRICE$454,500

SUMMARY

Analysis of 245 Oakleaf Drive 205, Thousand Oaks, California 91360 is currently available with a list price of $454,500. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Thousand Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property, built in 1979, features recently updated bathrooms with modern vanities, countertops, and fixtures, along with new wood-look laminate flooring throughout the main living areas and bedrooms. While the kitchen is functional and clean, it retains its original, dated wood cabinets, laminate countertops, older white appliances (range, refrigerator), and a fluorescent box light, which would likely be a future renovation project for a buyer seeking a fully modern aesthetic. However, the significant updates to the bathrooms and flooring, combined with fresh paint and overall well-maintained appearance, make it move-in ready with no immediate functional renovations required, aligning with a 'Good' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • Exclusive Senior Living Community

    The property is situated within Oaknoll Villas, a highly regarded 55+ senior living community in the Conejo Valley, offering a tailored environment for active adults.

  • Penthouse End Unit Advantages

    As a penthouse end unit, the home benefits from enhanced natural light, increased privacy, and the absence of neighbors above, contributing to a quieter living experience.

  • Comprehensive Community Amenities

    Residents have access to an impressive array of amenities including a clubhouse with a library, yoga studio, billiards room, fitness center, pool, spa, shuffleboard courts, outdoor BBQ area, gardens, and a dog park.

CONSRISKS & DEFICIENCIES

  • Age-Restricted Community

    The 55+ age restriction significantly limits the potential buyer pool, which can impact marketability and the speed of sale.

  • Potential Lack of Central Air Conditioning

    The property description does not mention a cooling system, which could be a notable drawback during warmer months in Southern California and may require future investment.

  • History of Price Reductions

    The property has undergone multiple price reductions from its original list price, potentially indicating initial overpricing or market resistance at previous price points.

About 245 Oakleaf Drive 205

Oaknoll Villas is arguably the best senior (55 or better) living community in the Conejo Valley. This 2-bedroom + 2-bathroom penthouse unit is a light, bright end unit with no one above you. The home features beautiful flooring, dramatic high ceilings, upgraded baths (see photos), inside laundry with stacked washer/dryer, refrigerator and large balcony. There is one designated carport (#322) parking space and lots of guest parking. Oaknoll Villas is an exciting community that offers its active residents lots of wonderful amenities such as a clubhouse with a library, yoga studio, billiards room and fitness center. Other resident amenities include a sparkling pool, spa, shuffleboard courts, outdoor BBQ area, gardens and a dog park. The monthly HOA dues include on-site professional management, trash, cable/internet, lots of guest parking and landscape maintenance. Thousand Oaks, one of the safest large cities in America has many wonderful restaurants, the amazing Oaks Mall and our Civic Arts Performing Arts Center for concerts, lectures and more. Come see for yourself.

Property Details

Public Facts

Property Type
Condominium
Year Built
1979
Lot Size
2,613 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$560.0 / Month

Neighborhood Insights

Thousand Oaks Unified Schools

Acacia Elementary School

Grades K-5 • 0.6 mi

5/10

Redwood Middle School

Grades 6-8 • 0.4 mi

6/10

Thousand Oaks High School

Grades 9-12 • 1.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,1471,020
67%
Lot Size2,6132,395.5
50%
Price$454.5K$457.2K
50%
Price per sq ft$396$457
17%
Built year19791981
42%
HOA$560.0$560
50%
Days on market134210
25%

Pricing History

Listed for Sale

Jan 23, 2026

$454,500

$464,000

-2% Price Drop

Initial Listing

Price Change

Jan 7, 2026

$464,000

$469,000

-1% Price Drop

Initial Listing

Price Change

Dec 13, 2025

$469,000

$474,900

-1% Price Drop

Initial Listing

Price Change

Nov 18, 2025

$474,900

$490,500

-3% Price Drop

Initial Listing

Price Change

Nov 11, 2025

$490,500

$495,500

-1% Price Drop

Initial Listing

Price Change

Oct 24, 2025

$495,500

Initial Listing

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