
Thousand Oaks, California 93021
This Single-Story View Estate is a Strong Value Opportunity, listed at $2,750,000—positioned well below the $2,852,184 Fair Market Value by 3%. This valuation gap offers $102,184 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Gourmet Kitchen with premium appliances and a Resort-Style Backyard with a pool and spa. Located in the Conejo Valley Unified School District, this property is an ideal acquisition for Multigenerational Families or Owner-Occupants seeking privacy and luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4988 Read Road Subject | $2,750,000* List Price | 4 | 4 | 5,324 | $536 | - |
A 5006 Read Road Active | $2,750,000 List Price | 4 | 5 | 5,176 | $531 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this 20-year-old estate is in well-maintained, move-in ready condition. The gourmet kitchen features high-end Sub-Zero and Wolf appliances, and the home boasts premium finishes like Brazilian cherry floors and custom shutters. Recent updates to pool systems and the inclusion of an owned solar system support a high level of maintenance, though the overall aesthetic reflects its original construction era.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 81021, living area = 5324.
Boasting over 5,300 sqft on a single level with two massive bonus rooms, this estate offers exceptional flexibility for multigenerational living, a home office, or a creative studio.
The nearly 2-acre lot features a luxurious pool with waterfalls, a private orchard, and high-end hardscaping, providing a private sanctuary that backs to protected open space.
The expansive 1.86-acre landscaped lot, mature orchard, and large pool facility will require substantial ongoing time and financial investment for proper upkeep.
Backing to the historic McCrea Ranch and open space offers privacy but may result in higher homeowners insurance premiums due to the property's proximity to natural brush areas.
Open House Sunday, June 7th 12-3PMDiscover this rare single-story view estate nestled on nearly 2 ACRES of lush, landscaped grounds in a peaceful, gated enclave of Thousand Oaks. Boasting four spacious bedrooms, four bathrooms, and two oversized bonus rooms -- including a massive 25x20 space with its own private entrance -- this property is ideal for multigenerational living, a home-based business, or an artist's creative space. A car enthusiast might convert it back into an additional 2 car garage.Step inside to soaring vaulted ceilings, Brazilian cherry hardwood floors, and an open floorplan designed to maximize natural light and flow. From the moment you enter, a stunning sightline leads straight from the front door to the resort-style backyard and shimmering pool beyond. The gourmet island kitchen is a chef's dream, equipped with Miele, Wolf, and Sub-Zero appliances, custom wood cabinetry, and a layout perfect for entertaining. The family room, primary suite, and library/office each feature their own fireplaces, adding warmth and sophistication throughout the home. The luxurious primary suite offers a true retreat, complete with dual walk-in closets, private fireplace, and direct access to the backyard spa -- the ideal setting for peaceful mornings or evening relaxation. Step outside to your own private resort. The backyard features a gorgeous pool with waterfall, newer equipment including filter pump, heater, and capacitor, a dramatic fire features, a stand-alone spa, built-in BBQ, and newly installed flagstone hardscape. A flat, grassy yard offers space to play, entertain, or unwind, while an established orchard produces abundant citrus, guava, apricots, avocado, pomegranate, apples, and more. A lovely arbor-covered seating area adds a charming touch, perfect for enjoying golden hour views. Two large custom sheds provide ample storage in the side yard, while the home's owned solar system powers the pool and spa for maximum energy efficiency. Inside and out, the home is wired for sound with built-in speaker systems, and custom wood shutters add a timeless finish to the interiors. Backing to open space and the historic McCrea Ranch, this home offers unparalleled privacy and serenity, while still being conveniently close to local favorites like Underwood Farm, and just minutes from Westlake Village, Moorpark, Camarillo, and Simi Valley. Mature trees, large parcels, and quiet surroundings make this an exceptional opportunity to enjoy the best of California living -- all in one truly remarkable property.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 2.8 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 72% |
| Square foot | 5,324 | 2,385 | 98% |
| Lot Size | 81,021 | 6,621 | 96% |
| Price | $2.75M | $1.07M | 99% |
| Price per sq ft | $517 | $453 | 76% |
| Built year | 2004 | 1987 | 78% |
| HOA | $145.0 | $156 | 44% |
| Days on market | 44 | 158 | 3% |
May 14, 2026
$2,750,000
$2,895,000
-5% Price Drop
Initial Listing
May 1, 2026
$2,895,000
Initial Listing
Nov 1, 2018
$1,975,000
Public Record
Jul 30, 2009
$1,590,000
Public Record
Jul 2, 2004
$1,526,500
Public Record