35 Ilex Drive, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 3 bath
35 Ilex Drive
Newbury Park, California 91320
Property Price
SUMMARY
Analysis of 35 Ilex Drive, Newbury Park, California 91320 reveals a property with a current list price of $1,075,000, which is 7% above the estimated $1,000,771 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Newbury Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35 Ilex Drive Subject | $1,075,000* List Price | 4 | 3 | 2,090 | $479 | - |
A 1930 Adrian Street Sold | $830,000 | 4 | 3 | 1,926 | $431 | 0.4 mi |
B 187 Silas Avenue Sold | $1,180,000 | 4 | 3 | 2,498 | $472 | 0.7 mi |
C 90 Lupe Avenue Sold | $945,000 | 5 | 3 | 1,934 | $489 | 0.4 mi |
D 2763 Michael Drive Sold | $1,120,000 | 4 | 3 | 2,178 | $514 | 0.5 mi |
E 2606 Theresa Street Active Under Contract | $949,000 List Price | 4 | 3 | 1,946 | $488 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and benefits from significant recent capital improvements (circa 2022) including a new roof, HVAC system, and dual-paned windows. The interior features updated wood-like laminate flooring and a kitchen equipped with modern stainless steel appliances and stone countertops. While the kitchen and bathrooms are well-maintained and functional, the cabinetry and overall layout reflect a high-quality maintenance of a 1978 build rather than a full-scale contemporary renovation, meeting the criteria for 'good' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features a rare assumable VA loan at a 2.5% interest rate, offering qualified buyers significant long-term financial savings compared to current market rates.
- Recent Major Infrastructure Upgrades
Significant capital improvements completed around 2022 include a new roof, a full HVAC system (AC, furnace, and ducting), and dual-paned windows, minimizing immediate maintenance costs.
- Prime Location and Layout
Situated on a quiet cul-de-sac in the award-winning Conejo Valley Unified School District, the home boasts a bright, open floor plan with vaulted ceilings and a desirable four-bedroom configuration.
CONSRISKS & DEFICIENCIES
- Potential for Cosmetic Modernization
While major systems are updated, the 1978 construction may require further aesthetic renovations in the kitchen and bathrooms to fully align with modern luxury standards.
- Market Price Adjustment
A recent price reduction from the original listing suggests the property is currently undergoing a market correction to align with buyer expectations and current demand.
About 35 Ilex Drive
Your white picket fence dream home awaits! Enjoy 4 Bedrooms, 2.5 Baths with nearly 2100 square feet of living space all in a serene location on a quiet cul de sac. This floorplan boasts so much natural light with a spacious formal living room featuring vaulted ceiling and fireplace, a formal dining room, plus an eat in kitchen-great room with den. Wonderful recent updates (approximately 2022) have been done including new roof, new HVAC system (AC, Furnace and Ducting), new interlocking pavers in front and back and brand new french sliding doors. Additional upgrades include wood-like laminate flooring throughout the downstairs and dual paned windows. The Primary Suite boasts laminate flooring, a walk in closet, dual sink vanity and spacious shower. The 4th bedroom features a princess balcony open to the living room below. Both the front and back yards of this beautiful home are enchanting. The back yard has a lovely covered patio, lush trees and greenery including a grassy space, vegetable garden and bonus space ready for your imagination. This property has a VA loan that is assumable to VA approved Buyers at 2.5%. Enjoy award winning Conejo Valley USD schools and close proximity to the library, highway 101, dining, shopping, parks and hiking.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $100.0 / Month
Neighborhood Insights
Newbury Park Unified Schools
Banyan Elementary School
Grades K-5 • 2.1 mi
Sequoia Middle School
Grades 6-8 • 0.5 mi
Newbury Park High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,090 | 1,998 | 60% |
| Lot Size | 6,098 | 7,840 | 18% |
| Price | $1.07M | $1.02M | 54% |
| Price per sq ft | $514 | $533 | 41% |
| Built year | 1978 | 1978 | 50% |
| HOA | $100.0 | $0 | 60% |
| Days on market | 26 | 178 | 1% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,075,000
$1,100,000
-2% Price Drop
Initial Listing
Price Change
Feb 9, 2026
$1,100,000
Initial Listing
Sold
Aug 14, 2020
$685,000
Public Record