
Thousand Oaks, California 91360
This 55+ Condominium represents a Strong Value Opportunity, listed at $394,900—positioned well below the $412,259 Fair Market Value by 4%. This valuation gap offers $17,359 in Instant Equity. Featuring a Condition Rating of 3, the unit includes modern bathroom updates and a private patio with mountain views. With seller financing available and a prime corner location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a peaceful, amenity-rich lifestyle in Thousand Oaks.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 Chestnut Hill Court 11 Subject | $394,900* List Price | 2 | 2 | 927 | $445 | - |
A 327 Chestnut Hill 22 Sold | $310,000 | 1 | 1 | 704 | $440 | 0.0 mi |
B 291 Sequoia Court 25 Sold | $392,000 | 2 | 1 | 836 | $469 | 0.1 mi |
C 248 Oakleaf Drive 107 Sold | $365,000 | 1 | 1 | 825 | $442 | 0.1 mi |
D 291 Sequoia Ct Sold | $398,000 | 2 | 1 | 836 | $476 | 0.1 mi |
E 245 Oakleaf Drive 202 Sold | $385,000 | 2 | 2 | 1,048 | $367 | 0.1 mi |
F 788 Pinetree Circle 13 Sold | $305,000 | 1 | 1 | 704 | $433 | 0.1 mi |
G 224 Oak Leaf Drive 105 Sold | $445,000 | 2 | 2 | 1,147 | $388 | 0.2 mi |
H 248 Oakleaf Sold | $350,000 | 1 | 1 | 825 | $424 | 0.1 mi |
I 324 Chestnut Hill Court 11 Active | $375,000 List Price | 2 | 2 | 927 | $405 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1974, the unit has been well-maintained and features significant updates. The bathrooms have been modernized with new vanities and a contemporary walk-in shower, and the kitchen includes updated appliances and tile flooring. It is move-in ready and fits the criteria for a property with a 5-15 year renovation profile.
As a first-floor corner unit, this property offers enhanced privacy, additional natural light, and a spacious outdoor patio that opens to tranquil green space.
The seller's willingness to consider carrying the first loan with only 10% down provides a rare and flexible financing opportunity in a high-interest-rate environment.
The HOA fee provides exceptional value by including Wi-Fi, DirectTV, and earthquake insurance, alongside access to a full suite of resort-style facilities like a pool, gym, and private dog park.
The lack of in-unit laundry and the requirement to use a scheduled community laundry room may be a significant inconvenience for buyers seeking modern convenience.
The 55+ community requirement limits the potential buyer pool and future resale market to a specific demographic, which can impact long-term liquidity.
A Peaceful Corner Unit in Oaknoll Villas (55+) Nestled in the desirable Oaknoll Villas community, this 2-bedroom, 2-bath condo offers a convenient first-floor corner location with a spacious outdoor patio surrounded by open space--ideal for morning coffee, fresh air, and added privacy. Inside, the layout features an open-concept living, dining, and kitchen area with updated appliances and modern tile flooring. The primary bedroom includes an updated ensuite bathroom, while the second bedroom offers its own patio access through sliding doors and is serviced by a recently updated hallway bathroom with an expanded walk-in shower. The unit is thoughtfully positioned near the trash room, and the community laundry is just one elevator ride away. Laundry is efficiently scheduled--each unit receives two 2-hour reserved slots--making it simple and predictable to plan. The Oaknoll Villas community is beautifully maintained and surrounded by trees, mountains, and walking paths, creating a calm and welcoming environment. Amenities include a recreation center, gym, yoga room, library, billiards, shuffleboard, a private dog park, pool, spa, lounge areas, and outdoor BBQ facilities. The clubhouse may also be reserved for gatherings at a minimal cost. HOA dues include Wi-Fi, DirectTV, trash, landscaping, and earthquake insurance, adding both convenience and value. On-site management and well-kept grounds contribute to a peaceful living experience. The location offers easy access to hiking trails, shopping, dining, The Oaks Mall, and local conveniences--making daily life simple and enjoyable. The home is currently tenant-occupied, offering a choice: purchase with a reliable tenant in place for rental income, or take occupancy and make the space your own. One resident must be age 55+, but ownership is open to any legally eligible buyer. A great opportunity to join one of Thousand Oaks' most established and well-cared-for 55+ communities. The seller will consider carrying first loan with 10% down.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 1.6 |
| Square foot | 927 | 1,044.263 |
| Lot Size | 2,178 | 1,709.368 |
| Price | $394.9K | $500.3K |
| Price per sq ft | $426 | $469 |
| Built year | 1974 | 1980 |
| HOA | $560.0 | $520 |
| Days on market | 35 | 55 |
Aug 5, 2026
$394,900
Initial Listing