
Thousand Oaks, California 91360
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $999,900—positioned well below the $1,039,376 Fair Market Value by 3%. This valuation gap provides $39,476 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern granite kitchen finishes and a versatile floor plan, while the unlandscaped backyard serves as a blank canvas for value-add projects. This property is an ideal acquisition for Owner-Occupants seeking lifestyle flexibility or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2624 Velarde Drive Subject | $999,900* List Price | 5 | 3 | 2,382 | $429 | - |
A 635 W Velarde Drive Sold | $1,010,000 | 4 | 3 | 2,271 | $445 | 0.2 mi |
B 295 Odebolt Drive Sold | $1,104,000 | 4 | 2 | 2,223 | $497 | 0.8 mi |
C 2144 Sirius Sold | $1,035,000 | 5 | 4 | 2,541 | $407 | 0.7 mi |
D 181 W Avenida De Las Flores Sold | $1,117,000 | 5 | 3 | 2,573 | $434 | 1.0 mi |
E 251 Larcom Street Sold | $1,000,000 | 4 | 3 | 1,986 | $504 | 0.9 mi |
F 250 W Avenida De Las Flores Sold | $1,128,000 | 6 | 3 | 2,694 | $419 | 0.9 mi |
G 224 Longfellow Street Sold | $1,015,000 | 3 | 2 | 2,079 | $488 | 0.9 mi |
H 393 Larcom Street Active Under Contract | $950,000 List Price | 5 | 3 | 2,226 | $427 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1968, the property has undergone significant renovations approximately 5-15 years ago. The kitchen features granite countertops, stainless steel appliances, and updated cabinetry, while the bathrooms have been modernized with dual sinks and soaking tubs. The home is well-maintained and move-in ready with hardwood and tile flooring throughout, though the backyard remains unlandscaped.
Located directly across from park trails, this home offers an exceptional lifestyle for outdoor enthusiasts with immediate access to miles of hiking and mountain biking.
With five bedrooms plus a bonus room and a downstairs guest suite, the layout provides excellent flexibility for multigenerational living, home offices, or creative spaces.
The entire upper level is dedicated to a spacious primary suite featuring a private balcony with park views, three closets, and a versatile adjoining bonus room.
The backyard is a 'blank canvas,' requiring significant additional investment and effort from the buyer to design and install landscaping or a pool.
Built in 1968, the property may require updates to original systems or further cosmetic modernization to meet the standards of a contemporary luxury home.
Located in one of Thousand Oaks most desirable and established neighborhoods, catering to outdoor enthusiasts with miles of hiking and mountain biking trails, and open space just steps from the front door. This home offers an unbeatable connection to the outdoors - the entrance to the park trails sits literally across the street. Step into a home that offers space to grow, both indoors and out. The large backyard is a blank canvas, offering plenty of room to design and build the pool of your dreams, or simply create your own private outdoor oasis. Inside, step down into a welcoming living room anchored by a vaulted ceiling and a warm fireplace, an inviting space to gather and unwind. Downstairs has four bedrooms, that offers the flexibility to customize to your lifestyle with a home office or craft room, all conveniently served by a hall bathroom with a full bathtub. One of the downstairs bedrooms stands out with additional closet space and its own private bathroom featuring a step-in shower, ideal for guests or multigenerational living. Rich hardwood flooring runs throughout all four bedrooms and the living room, while the kitchen showcases durable tile flooring and thoughtfully added storage. Home chefs will love the slab granite countertops paired with a GE stainless steel stove and a Frigidaire stainless steel microwave, plus a large walk-in pantry that keeps everything organized and within reach. The adjoining dining room features built-in storage and French doors that open directly to the backyard patio, perfect for effortless indoor-outdoor entertaining. Upstairs, the primary suite is a true retreat, offering three separate closets plus built-in cabinets, along with an en-suite bath boasting dual sinks and a separate soaking tub and step-in shower. Step outside your French doors to a well-sized balcony, the perfect spot to enjoy a morning coffee or unwind in the evening while taking in views of the park entrance across the street. Just off the bathroom, a bonus room with built-in shelving offers flexible space to use as a home office or craft room, tailored to fit your needs. Rounding out the home is a two-car garage with direct access, adding everyday convenience. With room to design your own backyard escape and flexible living spaces throughout, this home is ready to be shaped into exactly what you've been searching for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,382 | 2,074.024 |
| Lot Size | 8,276 | 9,277.097 |
| Price | $999.9K | $1.15M |
| Price per sq ft | $420 | $564 |
| Built year | 1968 | 1974 |
| HOA | $0 | $191 |
| Days on market | 33 | 50 |
Aug 7, 2026
$999,900
Initial Listing
Aug 13, 2013
$674,000
Public Record