
Thousand Oaks, California 91360
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $1,199,900—positioned well below the $1,207,988 Fair Market Value by 0.67%. This valuation gap offers $8,088 in Instant Equity. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and Hardwood Flooring, while the unimproved backyard provides a blank canvas for customization. With five bedrooms and direct trail access, this property is an ideal acquisition for Owner-Occupants or multigenerational families seeking a flexible, well-located home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2624 Velarde Drive Subject | $1,099,900* List Price | 5 | 3 | 2,382 | $471 | - |
A 635 W Velarde Drive Sold | $1,010,000 | 4 | 3 | 2,271 | $445 | 0.2 mi |
B 672 Garland Court Sold | $1,265,000 | 4 | 3 | 2,150 | $588 | 0.3 mi |
C 181 W Avenida De Las Flores Sold | $1,117,000 | 5 | 3 | 2,573 | $434 | 1.0 mi |
D 2144 Sirius Sold | $1,035,000 | 5 | 4 | 2,541 | $407 | 0.7 mi |
E 250 W Avenida De Las Flores Sold | $1,128,000 | 6 | 3 | 2,694 | $419 | 0.9 mi |
F 2724 Cabot Court Sold | $1,225,000 | 5 | 3 | 2,372 | $516 | 0.8 mi |
G 3117 Saddleback Court Sold | $1,199,000 | 4 | 2 | 2,055 | $583 | 0.4 mi |
H 3307 Rainbow Creek Circle Sold | $1,012,500 | 4 | 3 | 1,943 | $521 | 0.4 mi |
I 334 W Avenida De Las Flores Active | $1,199,000 List Price | 5 | 3 | 2,573 | $466 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1968, the home has been well-maintained and features renovations likely within the 5-15 year range. The kitchen is updated with slab granite countertops and stainless steel appliances, and hardwood flooring has been installed throughout the living areas and bedrooms. The property is move-in ready and functional, though the backyard is currently unimproved.
Situated directly across from park trails, this home offers unparalleled access to hiking and mountain biking in a highly desirable Thousand Oaks neighborhood.
With five bedrooms, including a downstairs guest suite and an upstairs primary retreat with a bonus room, the layout is ideal for multigenerational living or home offices.
The home features rich hardwood flooring, vaulted ceilings, and a modernized kitchen with granite countertops and stainless steel appliances.
The backyard is described as a 'blank canvas,' implying it requires significant landscaping or investment to reach its full potential as an outdoor oasis.
Built in 1968, the property may require future capital expenditures for aging systems or structural updates common in homes of this era.
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 | 3.0 |
| Square foot | 2,382 | 2,085.5 |
| Lot Size | 8,276 | 9,147 |
| Price | $1.10M | $1.16M |
| Price per sq ft | $462 | $569 |
| Built year | 1968 | 1978 |
| HOA | $0 | $180 |
| Days on market | 21 | 50 |
Jul 21, 2026
$1,099,900
$1,199,900
-8% Price Drop
Initial Listing
Jul 1, 2026
$1,199,900
Initial Listing
Aug 13, 2013
$674,000
Public Record