
Thousand Oaks, California 91362
This Stunning Hillside Estate is a High-Potential Investment Opportunity, listed at $2,100,000—positioned well below the $2,186,716 Fair Market Value by 3%. This valuation gap offers $86,716 in Instant Equity. Featuring a Condition Rating of 3, the home includes a remodeled kitchen, spa-inspired bathrooms, and a resort-style pool. With HPD zoning and no HOA, the property offers rare flexibility for a Buy-and-Hold Investor or an Owner-Occupant seeking a private, move-in ready retreat in the Conejo Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 554 Lone Oak Drive Subject | $2,100,000* List Price | 4 | 4 | 3,469 | $630 | - |
A 932 Rosario Drive Sold | $2,650,000 | 4 | 5 | 3,468 | $764 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983 but features significant modern updates including a remodeled kitchen with a center island, renovated spa-inspired bathrooms, and dual-pane windows. The presence of solar panels and recessed lighting indicates well-maintained systems, making the home move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40510, living area = 3469.
Bordered by permanent open space on two-thirds of the property, this estate offers a rare level of seclusion and unobstructed hillside views with no possibility of future development.
The HPD zoning and lack of HOA provide unique flexibility for RV parking, animals, and diverse land uses that are typically restricted in other Thousand Oaks residential areas.
The extensive nearly one-acre hillside lot, featuring a pool, wildlife pond, and various fruit trees, will require significant ongoing landscaping and maintenance costs.
While the kitchen and bathrooms have been beautifully remodeled, the 1983 construction may mean that some original core mechanical or structural systems are nearing the end of their typical lifespan.
Nestled on a quiet, tree-lined street in the hills of Thousand Oaks, this exceptional estate at 554 Lone Oak Drive offers the perfect blend of privacy, space, and convenience. Surrounded on two-thirds of the property by dedicated open space with no future development possible, the home enjoys a rare sense of seclusion and natural beauty--yet remains less than two miles from downtown Thousand Oaks. With no HOA and HPD zoning instead of RPD, the property provides flexibility for animals, recreational vehicles, additional parking, or a variety of land uses rarely available in the area.Set behind a long private driveway on nearly one acre, this expansive 4-bedroom, 3 1/2 bathroom residence spans approximately 3,469 square feet and showcases stunning hillside and pool views throughout. A dramatic double-door entry opens to a bright foyer, soaring ceilings, exposed wood beams, and inviting living spaces complete with fireplaces in both the living and family rooms.The remodeled kitchen is designed for both everyday living and entertaining, featuring a large center island, double ovens, trash compactor, oversized sink, and a picturesque bay window overlooking the pool and surrounding hills. The spacious primary suite is a true retreat with double-door entry, a sitting nook, walk-in closet plus an additional closet, and a beautifully renovated spa-inspired bathroom. Two sliding doors open to a private balcony where you can take in the peaceful scenery and mountain views.On the opposite wing of the home are three additional bedrooms and two bathrooms, including one en-suite bedroom and another remodeled hall bath. The property also offers abundant storage and versatility, including a large area beneath the home ideal for workshop space, inventory storage, or other creative uses.Step outside into your own private resort-style oasis. Multiple outdoor entertaining levels surround the oversized pool and built-in spa, creating the ultimate setting for gatherings and relaxation. Enjoy the outdoor BBQ area with bar seating and expansive counters, cozy fireplace, fire-table lounge, fruit trees, olive trees, grapevines, and even a small wildlife pond that enhances the tranquil atmosphere.Additional highlights include recessed lighting throughout, dual-pane windows, a 3-car garage with work area, dedicated storage room, and easy access to nearby mountain trails, shopping, dining, freeway access, and the award-winning Conejo Valley School District.This is a rare opportunity to own a private hillside retreat with unmatched flexibility, natural surroundings, and convenience in one of Thousand Oaks' most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 75% |
| Square foot | 3,469 | 2,495.5 | 82% |
| Lot Size | 40,510 | 9,147 | 93% |
| Price | $2.10M | $1.38M | 83% |
| Price per sq ft | $605 | $578 | 57% |
| Built year | 1983 | 1986 | 44% |
| HOA | $0 | $94 | 40% |
| Days on market | 19 | 142 | 1% |
May 28, 2026
$2,100,000
Initial Listing