
Thousand Oaks, California 91360
This Renovated 55+ Corner Condominium is a Prime Investment Opportunity listed at $399,900—positioned well below the $408,196 Fair Market Value by 2%. This valuation gap provides $8,296 in Instant Equity for the incoming buyer. Boasting a Move-in Ready Condition Rating, the interior features updated bathrooms with walk-in showers and a modern kitchen with marble-look tile. The private corner patio offers serene mountain views, while the comprehensive HOA includes Wi-Fi and earthquake insurance. This is an ideal acquisition for Active Seniors or Buy-and-Hold Investors seeking a stable, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 Chestnut Hill Court 11 Subject | $399,900* List Price | 2 | 2 | 927 | $440 | - |
A 291 Sequoia Court 25 Sold | $392,000 | 2 | 1 | 836 | $469 | 0.1 mi |
B 327 Chestnut Hill 22 Sold | $310,000 | 1 | 1 | 704 | $440 | 0.0 mi |
C 248 Oakleaf Sold | $350,000 | 1 | 1 | 825 | $424 | 0.1 mi |
D 224 Oakleaf Boulevard 103 Sold | $499,000 | 2 | 2 | 1,147 | $435 | 0.2 mi |
E 224 Oakleaf Drive 102 Sold | $460,000 | 2 | 2 | 1,048 | $439 | 0.2 mi |
F 769 Birchpark Circle 203 Sold | $450,000 | 2 | 2 | 1,147 | $392 | 0.2 mi |
G 324 Chestnut Hill Court 11 Active | $429,000 List Price | 2 | 2 | 927 | $463 | 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 undergone significant recent renovations. The bathrooms feature modern vanities and updated walk-in showers with contemporary tiling. The kitchen includes updated appliances and modern marble-look tile flooring. The property is well-maintained and move-in ready, though some original elements like cabinetry and popcorn ceilings persist.
This first-floor corner unit offers superior privacy and natural light compared to interior units, featuring a spacious patio that opens directly to serene green space.
The association fee includes high-value utilities and services such as Wi-Fi, DirectTV, and earthquake insurance, significantly reducing separate monthly carrying costs for the owner.
Residents benefit from a robust suite of facilities including a pool, spa, gym, private dog park, and various social rooms, fostering an active and engaged 55+ lifestyle.
The lack of in-unit laundry requires residents to use a communal facility via a scheduled reservation system, which may be a convenience drawback for some buyers.
As a 55+ community, the property has a restricted pool of potential occupants, which can limit the resale audience compared to standard residential condominiums.
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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 927 | 836 | 53% |
| Lot Size | 2,178 | 2,613 | 40% |
| Price | $399.9K | $392.0K | 53% |
| Price per sq ft | $431 | $435 | 33% |
| Built year | 1974 | 1979 | 20% |
| HOA | $560.0 | $560 | 50% |
| Days on market | 36 | 141 | 7% |
May 1, 2026
$399,900
Initial Listing