
Thousand Oaks, California 91360
This Spacious Ranch-Style Home represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,453,549 Fair Market Value by 3%. This valuation gap offers $54,549 in Instant Equity. Featuring a Fair Condition Rating, the property offers a 5-bedroom layout, a sparkling pool, and hillside views on a large 16,552 sqft lot. Located near Redwood Middle School, this home is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Buy-and-Hold Investors targeting a prime Thousand Oaks location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 354 Somerset Circle Subject 5 bd · 3 ba · 2,999 sqft · $485 | $1,399,000* List Price | 5 | 3 | 2,999 | $485 | - |
A 349 Somerset Circle Sold 5 bd · 3 ba · 2,596 sqft · $424 · 0.1 mi | $1,100,000 | 5 | 3 | 2,596 | $424 | 0.1 mi |
B 1921 Nowak Avenue Sold 4 bd · 3 ba · 2,305 sqft · $542 · 0.7 mi | $1,250,000 | 4 | 3 | 2,305 | $542 | 0.7 mi |
C 1209 Greenfield Street Sold 5 bd · 2 ba · 2,085 sqft · $600 · 0.0 mi | $1,250,000 | 5 | 2 | 2,085 | $600 | 0.0 mi |
D 1520 Rugby Cir Sold 5 bd · 2 ba · 2,085 sqft · $525 · 0.5 mi | $1,095,200 | 5 | 2 | 2,085 | $525 | 0.5 mi |
E 1330 Norman Avenue Pending 4 bd · 2 ba · 2,300 sqft · $435 · 0.6 mi | $1,000,000 List Price | 4 | 2 | 2,300 | $435 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1962, the home features renovations that appear to be 20-30 years old. While well-maintained and move-in ready, the kitchen's wood cabinetry and the primary bathroom's carpeted floors and honey-oak vanity style are dated by modern standards and will eventually require updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16552, living area = 2999.
Offering nearly 3,000 square feet of living space on a single level, this ranch-style home features a rare five-bedroom configuration with vaulted wood-beam ceilings and a private primary suite wing.
Situated on a large 16,552-square-foot cul-de-sac lot, the property boasts a sparkling pool, mature landscaping, and serene hillside views, providing a premium outdoor entertaining environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
With a construction date of 1962, certain features such as the traditional wood cabinetry and classic brick fireplace may require cosmetic modernization to appeal to buyers seeking a contemporary aesthetic.
The age of the property combined with the maintenance requirements of a large pool and expansive grounds may necessitate additional budget for long-term system upgrades and landscaping upkeep.
Set on a peaceful cul-de-sac in Thousand Oaks West, this spacious five-bedroom ranch-style home offers the ease of single-level living on a generously sized lot with a sparkling pool and serene hillside views. With multiple living areas, a flexible floor plan, and abundant parking, the home offers an inviting setting for everyday living and entertaining. A large formal living room welcomes you into the home, where a classic brick fireplace anchors the space and creates a warm, traditional feel. An adjoining dining area provides plenty of room for gathering, while a separate family room flows naturally into the breakfast area and kitchen. At the center of the home, the spacious kitchen features a large island, abundant wood cabinetry, a built-in desk, wine storage, skylight, stainless steel range and oven, dishwasher, and French-door refrigerator. A window above the kitchen sink overlooks the backyard and pool, bringing in natural light and connecting the space to the home's outdoor setting. Just beyond the kitchen, a separate wing provides direct access to the two-car garage along with a dedicated laundry room, bathroom, and versatile fifth bedroom or flex space. Soaring vaulted ceilings with exposed wood beams add character and volume, while glass sliding doors open directly to the backyard. On the opposite side of the home, the spacious primary suite is thoughtfully separated from the additional bedrooms and features an en-suite bath with a jaccuzi tub and separate shower, along with two closets. Three additional light-filled bedrooms share a full hallway bath, with the rear bedrooms enjoying views of the pool and backyard. Outside, the expansive backyard is made for relaxed Southern California living, with a sparkling pool, mature landscaping, and peaceful hillside views. Nicely landscaped grounds extend to the front of the property, while a two-car garage and generous driveway provide parking for multiple vehicles. Ideally situated near Conejo Community Park, local schools, the Conejo Valley Botanic Garden, and nearby nature trails, the home combines a peaceful residential setting with convenient access to the area's outdoor and community amenities.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,999 | 2,127.858 |
| Lot Size | 16,552 | 9,656.536 |
| Price | $1.40M | $1.15M |
| Price per sq ft | $466 | $559 |
| Built year | 1962 | 1974 |
| HOA | $0 | $200 |
| Days on market | 30 | 50 |
Sep 24, 2026
$1,399,000
Initial Listing