3289 Lesser Drive, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 2 bath
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Newbury Park, California 91320
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $814,037 Fair Market Value by 1.7%. This valuation gap offers $14,037 in Instant Equity. Featuring a remodeled granite kitchen and a spacious 9,583 sqft corner lot, the home has a Fair Condition Rating due to unfinished projects. Located directly across from Walnut Elementary, this asset is ideal for Value-Add Investors or Owner-Occupants ready to complete cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3289 Lesser Drive Subject | $800,000* List Price | 3 | 2 | 1,241 | $656 | - |
A 723 Gerst Drive Sold | $935,000 | 3 | 2 | 1,308 | $715 | 0.2 mi |
B 143 N Wendy Drive Sold | $840,000 | 3 | 2 | 1,441 | $583 | 0.5 mi |
C 2930 Alice Drive Sold | $1,020,000 | 4 | 2 | 1,630 | $626 | 0.4 mi |
D 560 Randy Drive Sold | $850,000 | 3 | 2 | 1,451 | $586 | 0.3 mi |
E 2991 Theresa Drive Sold | $780,000 | 4 | 2 | 1,630 | $479 | 0.6 mi |
F 39 Herringbone Court Sold | $840,000 | 3 | 2 | 1,474 | $570 | 0.9 mi |
G 3429 Henry Drive Active | $799,000 List Price | 3 | 2 | 1,441 | $554 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the home features a high-end remodeled kitchen with Sub-Zero and Fisher & Paykel appliances; however, the property is rated fair due to numerous unfinished projects, missing baseboards, and dated interior elements that require significant cosmetic updates and completion.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1241.
The kitchen features premium upgrades including Kraft soft-close cabinetry, granite countertops, and luxury appliances like a Sub-Zero refrigerator and Fisher & Paykel dishwasher.
The nearly 10,000 sqft lot provides exceptional versatility with gated RV parking, a fenced dog run, and ample space for a potential ADU or custom outdoor oasis.
The property contains several unfinished projects and requires significant updates, which may necessitate immediate additional capital investment from the buyer.
Buyers are required to assume a solar system contract with a monthly payment of $140.60 and a remaining payoff balance of approximately $18,950.
Opportunity awaits! Situated on a spacious corner lot directly across from Walnut Elementary School, this home offers great bones, a functional floor plan, and endless potential for the buyer ready to add their personal touch. While there are unfinished projects and updates needed, many of the major features are already in place.The remodeled kitchen is a standout with quality Kraft soft-close cabinetry, abundant storage, pantry organization, expansive granite counter space, wood-look tile flooring, a wide Sub-Zero refrigerator and freezer, Fisher & Paykel double-drawer dishwasher, and a sink overlooking the front yard and Boney mountain.Step outside to a large backyard ready for your vision. Whether you dream of creating an outdoor oasis, entertaining space, garden, or exploring the possibility of an ADU (buyer to verify with the city), this property offers plenty of room to make it happen. Additional features include a storage shed, fenced dog run, and gated side access for RV parking or additional vehicles and recreational toys.The home is equipped with a solar system to be assumed by the buyer with monthly payments of $140.60 (approximate remaining payoff of $18,950).Bring your ideas and unlock the potential this property has to offer! Located near various shopping centers, parks and freeway.
No exterior & parking available.
Grades K-5 • 0.0 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,241 | 2,017 |
| Lot Size | 9,583 | 8,712 |
| Price | $800.0K | $1.10M |
| Price per sq ft | $645 | $552 |
| Built year | 1963 | 1978 |
| HOA | $0 | $163 |
| Days on market | 9 | 48 |
Jul 13, 2026
$800,000
Initial Listing
Feb 12, 2018
$585,000
Public Record