3618 Raincloud Court, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 4 bed, 3 bath
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Thousand Oaks, California 91362
This Spacious Cul-de-Sac Residence is a Strong Value Opportunity, listed at $1,225,000—positioned well below the $1,309,182 Fair Market Value by 6%. This valuation gap provides $84,182 in Instant Equity for buyers. Featuring a Gourmet Chef's Kitchen, a Private Pool and Spa, and a Hillside Greenbelt View, the home holds a Good Condition Rating with extensive interior updates. Located in the award-winning Conejo Valley Unified School District, it offers a rare blend of lifestyle luxury and financial upside. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready sanctuary or Buy-and-Hold Investors looking for a high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3618 Raincloud Court Subject | $1,125,000* List Price | 4 | 3 | 2,603 | $471 | - |
A 3822 Sunset Knolls Drive Sold | $1,219,500 | 4 | 3 | 2,603 | $468 | 0.2 mi |
B 2110 Laurelwood Drive Sold | $1,120,000 | 4 | 3 | 2,097 | $534 | 0.7 mi |
C 2810 Rikkard Drive Sold | $1,401,000 | 4 | 3 | 2,558 | $548 | 0.8 mi |
D 2001 Brookfield Drive Sold | $1,393,000 | 4 | 3 | 2,669 | $522 | 0.9 mi |
E 1962 Daylight Court Sold | $1,087,500 | 4 | 3 | 2,603 | $418 | 0.2 mi |
F 4064 Lemonberry Place Pending | $1,249,000 List Price | 4 | 3 | 2,665 | $469 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant updates. The kitchen is a highlight, featuring high-quality KraftMaid cherry cabinetry, granite countertops, and stainless steel appliances. While the home was built in 1985, the interior finishes—including the tile and wood-style flooring, updated bathrooms, and modern light fixtures—indicate extensive renovations likely performed within the last 10 to 15 years. The exterior, pool, and spa also appear to be in good functional condition.
The kitchen is a standout feature with high-end KraftMaid Cherry cabinetry, an oversized granite island, and premium stainless steel appliances, offering a turnkey culinary experience.
The backyard serves as a premier entertaining space, featuring an inviting pool and spa that provides a private retreat for relaxation and social gatherings.
The floor plan includes a desirable downstairs bedroom and full bath, perfect for guests or multi-generational living, complemented by a spacious primary suite with a private balcony.
With a construction date of 1985, the property may soon require maintenance or updates to major systems like the roof or HVAC that are not explicitly listed as recently replaced.
While the pool and spa are excellent amenities, they occupy a significant portion of the 7,840 sq. ft. lot, leaving minimal green space for pets or traditional garden play areas.
Welcome to this great home in Fountainwood East, a lovely community in Thousand Oaks. This spacious four-bedroom, three-bath residence offers approximately 2,600 sq. ft. of thoughtfully designed living space, perfectly situated on a desirable cul-de-sac. The heart of the home is the gourmet kitchen, featuring an oversized island, granite countertops, travertine backsplash, soft-close KraftMaid Cherry cabinets, stainless steel refrigerator, double oven, and gas cooktop. The adjoining family room boasts a cozy fireplace and views of the backyard. A desirable bedroom is conveniently located downstairs with a full bath showcasing granite countertops, a KraftMaid Cherry wood vanity, and travertine and porcelain tile finishes. Upstairs, the spacious primary suite features a large walk-in closet, a private balcony, and an adjoining bath. Two additional bedrooms complete the upper level. Step outside to the backyard, complete with an inviting pool, spa, and outdoor entertaining spaces--perfect for gatherings or relaxing in privacy. Located in the award-winning Conejo Valley School District, this home offers easy freeway access and is close to all that the Conejo Valley has to offer. A lovely home in a truly desirable neighborhood! Very Low HOA!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,603 | 2,495.5 | 55% |
| Lot Size | 7,840 | 9,147 | 41% |
| Price | $1.12M | $1.37M | 29% |
| Price per sq ft | $432 | $578 | 4% |
| Built year | 1985 | 1986 | 48% |
| HOA | $80.0 | $77 | 50% |
| Days on market | 80 | 137 | 22% |
May 8, 2026
$1,125,000
$1,225,000
-8% Price Drop
Initial Listing
Mar 19, 2026
$1,225,000
Initial Listing
Jun 29, 2017
$775,000
Public Record