
Thousand Oaks, California 91362
This property presents a High-Potential Investment Opportunity with a List Price of $1,010,000—positioned well below the $1,052,229 Fair Market Value by 4%. This valuation gap offers $42,229 in Instant Equity for buyers. Featuring a Condition Rating of 4, this cosmetic fixer offers a spacious single-story layout with cathedral beamed ceilings and mountain views. It is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build equity through personalized renovations in the desirable Fountainwood East community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3668 Sunset Knolls Drive Subject | $1,010,000* List Price | 4 | 2 | 2,139 | $492 | - |
A 2457 Rutland Place Sold | $1,100,000 | 4 | 2 | 1,963 | $560 | 0.8 mi |
B 2110 Laurelwood Drive Sold | $1,120,000 | 4 | 3 | 2,097 | $534 | 0.7 mi |
C 4064 Lemonberry Place Sold | $1,249,000 | 4 | 3 | 2,665 | $469 | 0.5 mi |
D 2972 Morningside Sold | $850,000 | 4 | 2 | 1,721 | $494 | 0.7 mi |
E 3822 Sunset Knolls Drive Sold | $1,219,500 | 4 | 3 | 2,603 | $468 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is described as a 'cosmetic fixer' that retains many original finishes. While the home is functional and features some newer kitchen appliances and a newer shower enclosure, the kitchen and bathrooms are significantly dated with 1980s-style tile countertops and cabinetry, fitting the criteria for a home over 20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2139.
The home features a desirable single-story floor plan with soaring cathedral beamed ceilings and a private courtyard, creating an open, airy, and inviting atmosphere.
Located in the sought-after Fountainwood East community, the property sits on a generous 10,454 sqft lot with mountain views, offering ample space for outdoor living or a pool.
The home retains many original 1985 finishes and is classified as a cosmetic fixer, necessitating an additional budget for modernizing and updates.
There is a discrepancy between the data field (4 beds) and the written description (3 beds), which may impact the property's utility for buyers specifically seeking a four-bedroom residence.
Opportunity Knocks in Sought-After Fountainwood East - Spacious Single-Story in Sunset HillsLocated in the highly desirable Fountainwood East community of Sunset Hills, this spacious single-story home sits on a generous lot and offers incredible potential to make it your own. Enter through a private courtyard into an inviting floor plan featuring soaring cathedral beamed ceilings in the living and dining rooms, creating an open and airy feel.The kitchen features a newer double oven, and microwave, newer garbage disposal, abundant cabinetry, a charming garden window overlooking the backyard, and a sunny breakfast area. Adjacent to the kitchen is a warm and inviting family room complete with a wet bar, built-in cabinetry with recessed lighting, and sliding door access to the backyard--perfect for indoor-outdoor living.Offering 3 bedrooms and 2 full bathrooms, the spacious primary suite includes backyard access through sliding doors, a walk-in closet plus an additional mirrored closet, and an ensuite bath with dual sinks and a stall shower featuring a newer glass enclosure.The beautifully landscaped backyard offers ample space to entertain, relax, or even add a pool. While the home retains many original finishes and is considered a cosmetic fixer, the possibilities are endless--bring your vision and transform this home into something truly spectacular.Great bones, an ideal layout, and an unbeatable location make this a rare opportunity in Fountainwood East.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 2,139 | 2,480 | 38% |
| Lot Size | 10,454 | 9,147 | 60% |
| Price | $1.01M | $1.38M | 17% |
| Price per sq ft | $472 | $576 | 16% |
| Built year | 1985 | 1986 | 48% |
| HOA | $80.0 | $94 | 49% |
| Days on market | 21 | 142 | 1% |
May 26, 2026
$1,010,000
Initial Listing