2959 Michael Drive, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 2 bath

2959 Michael Drive, Newbury Park, California 91320 home-pic-0
ACTIVE$995,000$1,441/sqft
Est. Value: $996,699
%
FairlyEstimate
2959 Michael Drive, Newbury Park, California 91320
3Beds
2Baths
1,441Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($996,699.06) is $1,699.06 (0%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 8276, living area = 1441.
Top Cons:
Property Age: Built in 1964, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance, which are not explicitly mentioned as having been addressed.

Compared to the nearby listings

Price:$995.0K vs avg $1.05M ($-55,000)45%
Size:1,441 sqft vs avg 2,000 sqft18%
Price/sqft:$690 vs avg $53492%

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, this property has undergone extensive, high-quality renovations. The kitchen features new white shaker cabinets, quartz countertops, stainless steel appliances, and modern lighting. Both bathrooms are completely updated with contemporary vanities, fixtures, and tiling. The flooring throughout is modern wood-look plank, and recessed lighting is prevalent. The presence of solar panels further indicates significant recent upgrades, making the interior and key systems virtually new and meeting current quality standards.
Year Built
1964
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
226000194
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Nestled in the heart of Newbury Park, this beautiful single story home offers three bedrooms, two bathrooms, and a versatile bonus room--perfect for a home office, guest suite, creative studio, or playroom. High ceilings enhance the open, airy feel, while the light-filled, thoughtfully designed kitchen serves as the heart of the home. Additional highlights include an indoor laundry area and effortless indoor-outdoor living. The backyard backs to a wash, providing added privacy, and features lush landscaping and 11 mature fruit trees, creating a peaceful, productive oasis ideal for entertaining, gardening, or simply unwinding. Enjoy mountain views from both sides of the home, further enhancing the sense of space and natural surroundings. This exceptional home seamlessly blends comfort, flexibility, and an unbeatable location.

C
Carolyn Manos
Listing Agent

Nearby schools

4/10
Walnut Elementary School
Public,K-50.4mi
8/10
Environmental Academy Of Research Technology And Earth Sciences
Public,K-50.4mi
6/10
Sequoia Middle School
Public,6-80.4mi
7/10
Newbury Park High School
Public,9-120.8mi

Price History

Date
Event
Price
09/12/17
Sold
$526,000
12/09/03
Sold
$425,000
Condition Rating
Excellent

Despite being built in 1964, this property has undergone extensive, high-quality renovations. The kitchen features new white shaker cabinets, quartz countertops, stainless steel appliances, and modern lighting. Both bathrooms are completely updated with contemporary vanities, fixtures, and tiling. The flooring throughout is modern wood-look plank, and recessed lighting is prevalent. The presence of solar panels further indicates significant recent upgrades, making the interior and key systems virtually new and meeting current quality standards.
Pros & Cons

Pros

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 = 8276, living area = 1441.
Versatile Bonus Room: The property includes a versatile bonus room, offering significant functional flexibility for use as a home office, guest suite, creative studio, or playroom.
Exceptional Outdoor Oasis: The private backyard backs to a wash, features lush landscaping, and boasts 11 mature fruit trees, creating a peaceful and productive oasis ideal for entertaining or unwinding.
Desirable Architectural Features: High ceilings enhance the open, airy feel of this single-story home, a sought-after layout for accessibility and comfortable living.
Scenic Mountain Views: Enjoy picturesque mountain views from both sides of the home, enhancing the sense of space and natural surroundings.
Prime Location & School Access: Nestled in the heart of Newbury Park, the home offers an unbeatable location with good proximity to highly-rated middle and high schools, and a top-rated elementary school option.

Cons

Property Age: Built in 1964, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance, which are not explicitly mentioned as having been addressed.
Absence of Cooling System Mention: The property description does not specify the presence of a cooling system, which could be a significant consideration for comfort during warmer months in California.
Mixed Elementary School Ratings: While some nearby schools are highly rated, one of the closest elementary schools (Walnut Elementary) has an average rating of 4, which might be a consideration for families prioritizing top-tier elementary education.
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