538 Dorena Drive, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 2 bath
ACTIVE$959,000
538 Dorena Drive, Newbury Park, California 91320
3Beds
2Baths
1,233Sqft
8,276Lot
Price Vs. Estimate
The estimated value ($853,573.15) is $105,426.85 (10%) lower than the list price ($959,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1233.
Top Cons:
Overpriced Relative to Market Value: The current listing price of $959,000 is significantly above the estimated market value of $883,627, potentially impacting buyer interest and negotiation leverage.
Compared to the nearby listings
Price:$959.0K vs avg $1.11M ($-151,000)33%
Size:1,233 sqft vs avg 2,056 sqft7%
Price/sqft:$778 vs avg $53898%
More Insights
Built in 1960 (65 years old).
Condition: This property has undergone extensive and tasteful renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets with slow-close hinges, gleaming quartz countertops, a center island, and stainless steel appliances, complemented by recessed lighting and wood-look flooring. Both bathrooms have been remodeled with contemporary vanities, fixtures, and stylish tile work. While the house was originally built in 1960, the visible updates are very recent and high-quality, making it move-in ready with a modern aesthetic. The overall condition of the renovated areas is excellent, but without explicit confirmation of major system replacements (HVAC, plumbing, electrical beyond lighting) for the entire 1960 structure, it falls into the 'Good' category, indicating a well-maintained home with significant recent updates.
Year Built
1960
Close
-
List price
$959K
Original List price
$969K
Price/Sqft
$778
HOA
-
Days on market
-
Sold On
-
MLS number
225005244
Home ConditionGood
Features
Patio
View-
About this home
This single story tastefully remodeled house is the perfect place to call home. Residents and Guests are welcomed into this 3 bedroom, 2 bathroom house with an open floor plan. The gourmet kitchen, dining room and living room offer a neutral color scheme and are all open to each other. The kitchen provides the perfect blend of beauty and function with ample white shaker cabinets with slow close hinges, gleaming quartz countertops plus a center island with seating. Large windows provide natural light while the large slider provides easy access to the enormous backyard which has plenty of space for entertaining, plus room for a pool, ADU or RV parking. There is an outdoor shower, patio and large grass area. The Primary bedroom has a view of the backyard and an attached remodeled bathroom. There are two additional bedrooms plus another remodeled full bathroom. Additional features include a charming fireplace, recessed lights and scraped ceilings,
Condition Rating
Good
This property has undergone extensive and tasteful renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets with slow-close hinges, gleaming quartz countertops, a center island, and stainless steel appliances, complemented by recessed lighting and wood-look flooring. Both bathrooms have been remodeled with contemporary vanities, fixtures, and stylish tile work. While the house was originally built in 1960, the visible updates are very recent and high-quality, making it move-in ready with a modern aesthetic. The overall condition of the renovated areas is excellent, but without explicit confirmation of major system replacements (HVAC, plumbing, electrical beyond lighting) for the entire 1960 structure, it falls into the 'Good' category, indicating a well-maintained home with significant recent updates.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1233.
Extensively Remodeled Interior: The house has been tastefully remodeled throughout, featuring an open floor plan, neutral color schemes, recessed lighting, and scraped ceilings, offering a modern and move-in ready appeal.
Gourmet Kitchen: The kitchen is a highlight, boasting ample white shaker cabinets with slow-close hinges, gleaming quartz countertops, and a functional center island with seating, blending beauty and utility.
Spacious & Versatile Backyard: The enormous backyard provides significant space for entertaining, with potential for a pool, ADU, or RV parking, complemented by an outdoor shower, patio, and large grass area.
Single-Story Layout: The single-story design offers convenient living and accessibility, appealing to a broad range of buyers seeking ease of movement and a cohesive living space.
Updated Bathrooms: Both bathrooms, including the primary en-suite, have been remodeled, providing modern fixtures and finishes that enhance comfort and aesthetic appeal.
Cons
Overpriced Relative to Market Value: The current listing price of $959,000 is significantly above the estimated market value of $883,627, potentially impacting buyer interest and negotiation leverage.
Property Age: Built in 1960, the property's underlying structure is over 60 years old, which may raise concerns about the condition of original systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as updated.
Recent Price Reduction: A recent price drop from $969,000 to $959,000 could indicate that the initial pricing was too high or that the property is not generating sufficient buyer interest at its current level.