
Newbury Park, California 91320
This property presents a High-Potential Investment Opportunity with a List Price of $999,900—positioned well below the $987,853 Fair Market Value (Note: Market adjustment reflects current pricing). While the home carries a Condition Rating of 5, the 2,599 sqft floorplan and 8,276 sqft lot provide a blank canvas for value-add renovations. Featuring a 3-car garage and RV/boat parking potential, this asset is well-positioned near top-rated schools like the Environmental Academy. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 564 Strauss Drive Subject | $925,000* List Price | 4 | 3 | 2,599 | $350 | - |
A 39 Sandra Court Sold | $820,000 | 4 | 2 | 1,883 | $435 | 0.7 mi |
B 642 N Wendy Drive Active | $923,000 List Price | 4 | 3 | 2,359 | $391 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (45 years old) and explicitly marketed as 'READY FOR A RENO,' this property fits the criteria for rehab. While the exterior shows maintenance with artificial turf and pavers, the interior is significantly dated with original-style tile countertops, oak cabinetry, popcorn ceilings, and fluorescent light boxes in the bathrooms, requiring a full overhaul to meet modern standards.
The home features soaring vaulted ceilings, grand fireplaces, and a spacious 2,599 sqft floorplan that provides a strong foundation for a high-end custom renovation.
The 8,276 sqft lot includes a 3-car garage and an extra-wide side yard, offering rare and valuable potential for RV or boat parking.
The inclusion of a full bedroom and bathroom on the main level offers excellent flexibility for guests, an office, or multi-generational living.
Marketed as a 'fixer,' the property requires significant capital investment and time to update the dated interior finishes and systems throughout.
The kitchen and bathrooms feature original tile countertops and older cabinetry, necessitating a full aesthetic overhaul to meet modern luxury standards.
READY FOR A RENO! Bring your imagination and transform this spacious home into something truly special! The floorplan is great. While the home does offer some upgrades, including dual pane windows, the home can use updating throughout. Fantastic curb appeal is enhanced by sprawling artificial grass lawns and a handsome paver stone walkway leading from the driveway to the covered front porch. Grand double entry doors welcome you inside, where soaring vaulted ceilings and an abundance of natural light immediately showcase the tremendous potential found throughout. The spacious Living Room enjoys a continuation of tall vaulted ceilings, oversized picture windows that flood the space with light, and a jaw-dropping fireplace with a grand architectural facade that creates a dramatic focal point. The Dining Room overlooks the backyard through tall dual-paned windows and is further brightened by a skylight above. The Kitchen offers plentiful storage cabinetry, tile countertops, a long breakfast bar, double sink with backyard views, and stainless steel appliances including a Whirlpool oven, a GE 4-burner GAS cooktop, and a KitchenAid dishwasher. Open to the Kitchen, the Family Room features wood-like flooring, a casual breakfast area beneath a ceiling fan, sliding glass doors to the backyard, and a charming used-brick fireplace. A downstairs Bedroom offers a ceiling fan and closet with sliding wardrobe doors, while the downstairs FULL Bathroom features a tub/shower. An individual Laundry Room provides built-in storage cabinetry and direct access to the 3-car garage. Upstairs, the landing offers abundant built-in linen cabinetry and leads to two spacious secondary Bedrooms, each with closets featuring sliding wardrobe doors, plus a Hall Bathroom with tub/shower. The Primary Suite is highlighted by soaring vaulted ceilings and its own brick-surfaced fireplace, while the Primary Bathroom offers a wall-length dual-sink vanity, dual closets with mirrored sliding wardrobe doors, and a separate washroom with standing shower and grand oval soaking tub. Outside, the backyard offers handsome artificial grass lawns, a concrete patio beneath a covered patio area, and an EXTRA-WIDE & LONG side yard offering tremendous potential for RV/boat parking. With generous living spaces, dramatic architectural features, a 3-car garage and an excellent footprint inside and out, this is an exciting opportunity to renovate, reimagine and make it your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,599 | 2,176.038 |
| Lot Size | 8,276 | 8,415.744 |
| Price | $925.0K | $1.13M |
| Price per sq ft | $356 | $536 |
| Built year | 1979 | 1982 |
| HOA | $0 | $148 |
| Days on market | 17 | 50 |
Sep 4, 2026
$925,000
$999,900
-7% Price Drop
Initial Listing
Aug 23, 2026
$999,900
Initial Listing