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552 Cayo Grande Court, Newbury Park, California 91320, Newbury Park, 91320 - 2 bed, 2 bath

552 Cayo Grande Court, Newbury Park, California 91320 home-pic-0
ACTIVE$749,000
552 Cayo Grande Court, Newbury Park, California 91320
2Beds
2Baths
1,115Sqft
4,791Lot

Price Vs. Estimate

The estimated value ($618,872.365) is $130,127.635 (17%) lower than the list price ($749,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Upgrades: Recent installations of a new HVAC system with central A/C, Milgard double-pane windows/sliding doors (2016), updated kitchen appliances (2019), and a new front door significantly enhance comfort, energy efficiency, and curb appeal.
Top Cons:
Potential Overpricing: The listing price is significantly higher (17%) than the property's estimated value, which may impact buyer interest and market competitiveness.

Compared to the nearby listings

Price:$749.0K vs avg $1.11M ($-361,000)3%
Size:1,115 sqft vs avg 2,056 sqft2%
Price/sqft:$672 vs avg $53889%

More Insights

Built in 1971 (54 years old).
Condition: This property, built in 1971, is well-maintained and benefits from significant functional updates including a new HVAC system, Milgard double-pane windows (2016), and updated kitchen appliances (2019). Laminate wood-like flooring is a modern touch throughout. However, the kitchen explicitly 'retains its original character,' featuring outdated tile countertops and cabinet styles, which is evident in the images. The bathroom, while functional, also appears to be largely original or minimally updated, showing signs of being outdated. While major systems are functional and updated, the aesthetic of the kitchen and likely bathroom would require substantial cosmetic updates to meet current quality standards, placing it in the 'fair' category.
Year Built
1971
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$672
HOA
$115
Days on market
-
Sold On
-
MLS number
V1-30834
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Patio
ViewMountain(s), Trees/Woods

About this home

Charming Newbury Park Home in Serene Cul-de-Sac LocationMeticulously maintained and ideally situated in a peaceful cul-de-sac, this delightful Newbury Park home is surrounded by lush mature trees and greenery, offering a tranquil retreat with modern updates and timeless charm.Step inside to a bright and airy living room featuring tall vaulted ceilings, abundant natural light, and a cozy gas fireplace. The kitchen retains its original character and opens to a spacious dining area--perfect for family gatherings.The primary bedroom boasts a generous walk-in closet and direct access to a full bathroom with a soaking tub/shower combo. Easy-care laminate wood-like flooring runs throughout the living areas and bedrooms.Enjoy the beautifully designed backyard with low-maintenance stamped concrete, a custom wooden patio cover providing shaded relaxation, and flagstone accents sourced from New Mexico and Utah. The real grass lawn and lovely succulent planters make it perfect for pets, play, and outdoor entertaining.Recent Updates Include:New HVAC system with central A/C, heater, ducts, and ventsUpdated gas range/oven, microwave, and refrigerator (2019)Milgard double-pane windows and sliding doors (2016)Professionally installed new front doorLocated in a well-established HOA community with fantastic amenities and LOW HOA FEES: clubhouse, sparkling pool, tennis & basketball courts, children's playground, greenbelts, and walking paths. Just steps from Newbury Park High School and close to parks, shopping, and dining.Don't miss this move-in ready gem in one of Newbury Park's most desirable neighborhoods!

Condition Rating
Fair
This property, built in 1971, is well-maintained and benefits from significant functional updates including a new HVAC system, Milgard double-pane windows (2016), and updated kitchen appliances (2019). Laminate wood-like flooring is a modern touch throughout. However, the kitchen explicitly 'retains its original character,' featuring outdated tile countertops and cabinet styles, which is evident in the images. The bathroom, while functional, also appears to be largely original or minimally updated, showing signs of being outdated. While major systems are functional and updated, the aesthetic of the kitchen and likely bathroom would require substantial cosmetic updates to meet current quality standards, placing it in the 'fair' category.
Pros & Cons

Pros

Extensive Modern Upgrades: Recent installations of a new HVAC system with central A/C, Milgard double-pane windows/sliding doors (2016), updated kitchen appliances (2019), and a new front door significantly enhance comfort, energy efficiency, and curb appeal.
Desirable Location & Views: Situated in a serene cul-de-sac, surrounded by lush greenery, and offering tranquil mountain and trees/woods views, contributing to a peaceful living environment.
Comprehensive HOA Amenities with Low Fees: Access to a well-established community with a clubhouse, sparkling pool, tennis/basketball courts, children's playground, greenbelts, and walking paths, all with attractive low HOA fees.
Move-in Ready & Charming Interior: Features vaulted ceilings, abundant natural light, a gas fireplace, and easy-care laminate flooring, presenting a well-maintained and inviting living space.
Enhanced Outdoor Living Space: A beautifully designed backyard with low-maintenance stamped concrete, a custom wooden patio cover, flagstone accents, and a real grass lawn, perfect for outdoor entertaining and relaxation.

Cons

Potential Overpricing: The listing price is significantly higher (17%) than the property's estimated value, which may impact buyer interest and market competitiveness.
Partially Original Kitchen: While appliances are updated, the kitchen 'retains its original character,' suggesting it may not offer the fully modernized aesthetic or layout desired by some contemporary buyers.
Limited Bedroom Count/Square Footage: With only 2 bedrooms and 1115 sqft, the property may not meet the space requirements for larger families or those seeking more expansive living areas.

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