
Thousand Oaks, California 91362
This Value-Add Residential Asset is listed at $1,374,500, offering a strategic entry into the Westlake Hills market near its $1,292,705 Fair Market Value. Currently holding a Condition Rating of 4, the property requires a comprehensive interior renovation to modernize its 1978 finishes and maximize appreciation. Significant structural value is already secured via a new roof and refinished balcony. Located within the Conejo Valley Unified district, this 5-bedroom layout is a high-potential project for Fix-and-Flip Investors or Owner-Occupants looking to build equity through customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3308 Sawtooth Court Subject | $1,295,000* List Price | 5 | 3 | 2,637 | $477 | - |
A 3366 Blue Ridge Court Sold | $1,280,000 | 4 | 3 | 2,600 | $492 | 0.2 mi |
B 3036 E Adirondack Court Sold | $1,275,000 | 4 | 4 | 2,587 | $493 | 0.5 mi |
C 2910 Bear River Circle Sold | $1,250,000 | 4 | 3 | 2,251 | $555 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original 1978 condition, featuring dated kitchen cabinetry, tile countertops, and older appliances. While the roof and balcony have been recently updated and the home appears well-maintained, the interior finishes, including bathrooms, flooring, and light fixtures, show significant age and require modernization to meet current market standards.
Situated in the highly sought-after Westlake Hills neighborhood, the property is within walking distance to top-rated schools and close to premium shopping and dining.
The spacious layout includes five bedrooms, high vaulted ceilings, and a rare downstairs bedroom with a full bath, offering versatility for guests or multi-generational living.
Significant recent improvements include a brand-new roof and a refinished second-floor balcony, reducing immediate capital expenditure on major exterior maintenance.
The home is in mostly original 1978 condition, requiring a comprehensive interior renovation to modernize the kitchen, bathrooms, and finishes.
While priced to reflect its condition, buyers will need to factor in significant additional costs and time for updates to bring the home up to current market standards.
Welcome to one of Westlake Village's best neighborhoods. This spacious 5-bedroom and 3-bathroom home features an open floor plan with high vaulted ceilings; one bedroom and one full bath downstairs; a separate family room with wood floor and built-in wall unit, inside laundry and a 3-car garage. The home's 2nd floor balcony/deck was recently refinished and the roof was replaced. The home is fairly original and is priced accordingly. This is a fantastic opportunity to update and personalize the space to fit your own style and needs. Come live the good life in one of Conejo Valley's finest neighborhoods. Close to shopping, restaurants, schools and entertainment.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,637 | 2,482 | 61% |
| Lot Size | 6,969 | 9,147 | 33% |
| Price | $1.29M | $1.33M | 47% |
| Price per sq ft | $491 | $568 | 21% |
| Built year | 1978 | 1985 | 42% |
| HOA | $40.0 | $40 | 50% |
| Days on market | 57 | 156 | 7% |
Apr 14, 2026
$1,295,000
$1,329,500
-3% Price Drop
Initial Listing
Mar 26, 2026
$1,329,500
$1,359,500
-2% Price Drop
Initial Listing
Mar 16, 2026
$1,359,500
$1,374,500
-1% Price Drop
Initial Listing
Feb 24, 2026
$1,374,500
Initial Listing