3036 E Adirondack Court, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 4 bed, 4 bath

3036 E Adirondack Court, Thousand Oaks, California 91362 home-pic-0
ACTIVE$1,350,000
3036 E Adirondack Court, Thousand Oaks, California 91362
4Beds
4Baths
2,687Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($889,303.38) is $460,696.62 (34%) lower than the list price ($1,350,000). This property may be overpriced.

Key pros and cons

Top Pros:
Detached Guest House: The property includes a valuable detached 500 sq. ft. guest house with a kitchen, loft bedroom, and bathroom, offering versatile living arrangements or potential rental income.
Top Cons:
Significant Price Discrepancy: The listing price of $1.35M is substantially higher than the property's estimated value of $889,303.38, indicating potential overpricing or a need for strong market justification.

Compared to the nearby listings

Price:$1.35M vs avg $1.35M ($-5,000)50%
Size:2,687 sqft vs avg 2,568 sqft58%
Price/sqft:$502 vs avg $58524%

More Insights

Built in 1972 (53 years old).
Condition: The property was built in 1972, making it over 50 years old. While the listing mentions 'new carpet and paint' in the main house, the kitchen, as seen in the images, features very dated tile countertops and older black appliances, indicating a significant need for modernization. The bathroom vanity shown also appears dated. The home is maintained, but major components like the kitchen and likely bathrooms show signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1972
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$502
HOA
$40
Days on market
-
Sold On
-
MLS number
225001923
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Looking for a home with a Guest House, look no further! This highly sought out home is located in North Ranch's desirable Westlake Hills neighborhood. The neighborhood is serene with cul-de-sacs and walking paths that lead to Russell Park and Award Winning Westlake Hills Elementary National Blue Ribbon school. The main house has new carpet and paint and is 2087 sq. ft. with 3 bedrooms & 3 bathrooms. The detached Guest House is approximately 500 sq. ft. with a kitchen, loft bedroom, and bathroom. The backyard is private with red wood trees and foliage.Conveniently near, shopping, dining, and hiking.Don't miss your chance to live in this beautiful home and be surrounded by tranquility!

Condition Rating
Fair

The property was built in 1972, making it over 50 years old. While the listing mentions 'new carpet and paint' in the main house, the kitchen, as seen in the images, features very dated tile countertops and older black appliances, indicating a significant need for modernization. The bathroom vanity shown also appears dated. The home is maintained, but major components like the kitchen and likely bathrooms show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Detached Guest House: The property includes a valuable detached 500 sq. ft. guest house with a kitchen, loft bedroom, and bathroom, offering versatile living arrangements or potential rental income.
Desirable Neighborhood: Located in North Ranch's highly sought-after Westlake Hills neighborhood, known for its serene cul-de-sacs, walking paths, and proximity to Russell Park.
Award-Winning Schools: Zoned for the 'Award Winning Westlake Hills Elementary National Blue Ribbon school' and the reputable Conejo Valley Unified high school district, a significant draw for families.
Recent Interior Updates: The main house features new carpet and paint, providing a refreshed and more move-in ready interior for prospective buyers.
Private Backyard & Mountain Views: Offers a private backyard with mature redwood trees and foliage, complemented by desirable mountain views, enhancing tranquility and aesthetic appeal.

Cons

Significant Price Discrepancy: The listing price of $1.35M is substantially higher than the property's estimated value of $889,303.38, indicating potential overpricing or a need for strong market justification.
Property Age & Unknown System Updates: Built in 1972, the property is over 50 years old. While cosmetic updates are mentioned, the absence of information regarding major system upgrades (e.g., HVAC, plumbing, electrical) suggests potential future capital expenditures.
Unspecified Guest House Permitting: The description does not specify if the detached guest house is a legally permitted Accessory Dwelling Unit (ADU), which could impact its legal use, financing, and overall appraised value.

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