
Thousand Oaks, California 91320
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $970,000—positioned well below the $967,256 Fair Market Value (Note: Market is stable). While the home carries a Fair Condition Rating due to necessary flooring and cosmetic updates, it features a premium Chef's Kitchen with Sub-Zero and Wolf appliances and Panoramic Mountain Views. This property offers a strategic value-add opportunity for those looking to build equity through renovation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable home in a prime Newbury Park location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 Blackhawk Drive Subject | $970,000* List Price | 4 | 3 | 2,238 | $432 | - |
A 39 Sandra Court Sold | $820,000 | 4 | 2 | 1,883 | $435 | 0.9 mi |
B 447 Anacapa Circle Sold | $950,000 | 4 | 3 | 2,149 | $442 | 0.8 mi |
C 383 Havenside Avenue Sold | $1,050,000 | 4 | 3 | 1,884 | $557 | 0.3 mi |
D 3861 Coronado Circle Sold | $875,000 | 3 | 2 | 1,605 | $545 | 0.5 mi |
E 556 Knollwood Drive Active Under Contract | $1,119,000 List Price | 3 | 3 | 2,243 | $499 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the home features a kitchen and bathroom renovation that appears to be 15-25 years old. While it includes high-end appliances like a Wolf range and Sub-Zero fridge, the parquet flooring and cabinetry are dated. The listing explicitly mentions the need for new flooring and a 'personal touch,' aligning with the Fair criteria for a property needing updates.
The kitchen features high-end appliances, including a Sub-Zero refrigerator and Wolf range, offering a premium culinary experience and significant value-add for the price point.
The property boasts stunning panoramic mountain views, providing a serene and picturesque backdrop that enhances the overall appeal and desirability of the home.
Situated in a highly sought-after neighborhood, the home is conveniently located near top-rated schools, scenic hiking trails, and local amenities, ensuring a high quality of life.
The home is missing flooring and requires cosmetic updates, necessitating immediate additional investment and effort from the buyer to make it move-in ready.
At 5,662 square feet, the lot is relatively compact for a four-bedroom residence, which may limit outdoor recreational space or future expansion possibilities.
Welcome to the heart of highly desirable Newbury Park! Offering panoramic views, premium Milgard windows throughout, vaulted ceilings & great bones w/ spacious, comfortable living space, this freshly painted, traditional two-story home features a chef's kitchen boasting a subzero refrigerator, wolf range, stunning views, a welcoming yet functional layout, interior laundry, ample storage, an awesome primary suite & a generously sized lot. Situated in a quiet, friendly neighborhood, close to top-rated local schools, parks, trails, restaurants & convenient shopping, this property is a wonderful opportunity to enjoy scenic, temperate Ventura County living. Bring your personal touch, install flooring of your choice, here is the opportunity to create your dream home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,238 | 2,074.024 |
| Lot Size | 5,662 | 9,277.097 |
| Price | $970.0K | $1.15M |
| Price per sq ft | $433 | $564 |
| Built year | 1978 | 1974 |
| HOA | $0 | $191 |
| Days on market | 5 | 50 |
Sep 4, 2026
$999,000
Initial Listing
Sep 4, 2026
$970,000
Initial Listing