3998 Colonett Place, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 3 bath
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3998 Colonett Place
Newbury Park, California 91320
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
3Baths
1,935Sq Ft
6,534Lot Size
Property Price
LIST PRICE$924,900
EST. MARKET VALUE
$924,002
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $924,900—positioned well below the $930,383 Fair Market Value by 0.59%. This valuation gap offers $5,483 in Instant Equity. With a Condition Rating of 4, the property offers significant potential for cosmetic modernization to drive appreciation. Located in the Conejo Valley Unified district with access to top-rated schools, this home features a versatile main-floor bedroom and resort-style amenities. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$924,002
Based on Realkey algorithm analyzing recent comparable sales in Newbury Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3998 Colonett Place Subject | $924,900* List Price | 4 | 3 | 1,935 | $478 | - |
A 362 S Ridgemont Court Sold | $1,070,000 | 4 | 3 | 1,802 | $594 | 0.5 mi |
B 317 N Los Vientos Drive Sold | $980,000 | 4 | 3 | 1,935 | $506 | 0.2 mi |
C 3940 Calle Valle Vista Sold | $1,160,000 | 4 | 3 | 2,105 | $551 | 0.6 mi |
D 383 Havenside Avenue Sold | $1,050,000 | 4 | 3 | 1,884 | $557 | 0.7 mi |
E 447 Anacapa Circle Sold | $950,000 | 4 | 3 | 2,149 | $442 | 0.3 mi |
F 403 Blackhawk Drive Active | $969,900 List Price | 4 | 3 | 2,238 | $433 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1978, this 46-year-old home is dated and requires modernization. While the listing mentions newer kitchen appliances and one upgraded bathroom, the interior retains original popcorn ceilings and older window fixtures. The exterior and backyard are in mediocre condition with patchy landscaping and weathered decking, fitting the criteria for a property needing minor repairs and aesthetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac in the desirable Oakcreek neighborhood, the property offers enhanced privacy, safety, and minimal through-traffic.
- Versatile Main-Floor Layout
The floor plan features a highly sought-after main-floor bedroom and full bathroom, providing excellent flexibility for multi-generational living, guests, or a home office.
- Resort-Style Community Amenities
Residents benefit from low-fee association amenities including a pool, spa, and tennis courts, while being located within the boundaries of top-rated Conejo Valley schools.
CONSRISKS & DEFICIENCIES
- Dated Construction Era
Built in 1978, the home may require further cosmetic modernizations or system upgrades beyond the partially updated kitchen and hall bath to meet contemporary buyer expectations.
- Limited Yard Space
With a lot size of 6,534 square feet and a focus on the patio area, the backyard may feel restrictive for those seeking expansive green space or large-scale outdoor play areas.
About 3998 Colonett Place
Nestled in the highly desirable Oakcreek neighborhood at the end of a quiet cul-de-sac, this home offers the perfect blend of comfort, style, and everyday functionality. As you step inside, you are greeted by a spacious living room featuring dramatic vaulted ceilings that create an airy, expansive atmosphere. The seamless flow leads into a large formal dining area, ideal for hosting family dinners or entertaining friends. At the heart of the home the kitchen boasts newer appliances, a convenient pantry, and a breakfast bar-perfect for casual morning coffee. Just off the kitchen, the inviting family room centers around a fireplace,making it the ultimate spot to relax and unwind. Thoughtfully designed, this versatile floor plan features a coveted main floor bedroom and full bathroom, ideal for guests, in-laws, or a private home office. Upstairs the spacious primary suite offers an abundance of closet space, while the hall bath has been beautifully upgraded with a tiled tub/shower enclosure. Relax in the private backyard with a patio area. Outside your front door, take advantage of the resort style association amenities including a pool, spa & tennis courts.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $115.0 / Month
Neighborhood Insights
Newbury Park Unified Schools
Cypress Elementary School
Grades K-5 • 0.7 mi
8/10
Sycamore Canyon School
Grades K-8 • 0.9 mi
8/10
Sequoia Middle School
Grades 6-8 • 1.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,935 | 2,176.038 |
| Lot Size | 6,534 | 8,415.744 |
| Price | $924.9K | $1.13M |
| Price per sq ft | $478 | $536 |
| Built year | 1978 | 1982 |
| HOA | $115.0 | $148 |
| Days on market | 48 | 50 |
Pricing History
Listed for Sale
Jul 23, 2026
$924,900
Initial Listing