571 Citation Way, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 3 bath
ACTIVE$1,500,000
571 Citation Way, Newbury Park, California 91320
4Beds
3Baths
2,586Sqft
20,037Lot
Price Vs. Estimate
The estimated value ($743,555.14) is $756,444.86 (50%) lower than the list price ($1,500,000). 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 = 20037, living area = 2586.
Top Cons:
Significant Price Discrepancy: The current listing price of $1.5 million is considerably higher than the estimated property value of approximately $743,555, which may impact buyer interest and marketability.
Compared to the nearby listings
Price:$1.50M vs avg $1.11M (+$385,000)81%
Size:2,586 sqft vs avg 2,058 sqft72%
Price/sqft:$580 vs avg $53865%
More Insights
Built in 1978 (47 years old).
Condition: The property, built in 1978, has undergone a significant and recent interior remodel, as evidenced by the 'gorgeous kitchen with stunning quartz counters, stainless appliances' mentioned in the description, and the modern laminate flooring, recessed lighting, and updated bathroom vanities visible in the images. The paid-off solar panels are a major system upgrade. While the interior is move-in ready and appears extensively renovated within the last 5-15 years, some outdoor amenities like the pool coping and the sports court show signs of age and wear, preventing an 'Excellent' rating. However, the overall condition of the main living spaces and key features like the kitchen and bathrooms are well-maintained and updated, aligning with a 'Good' score.
Year Built
1978
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$580
HOA
-
Days on market
-
Sold On
-
MLS number
V1-28928
Home ConditionGood
Features
Good View: Creek/Stream
Deck
Pool
Patio
ViewCreek/Stream
About this home
Rural country meets city living! This beautifully remodeled Equestrian home is set in a rural tranquil setting overlooking a nearby stream. Sits on almost half an acre, Relax and enjoy a swim in the pool, amazing views from the over-sized deck, practice tennis or shoot some hoops on the sports court. Zoned for 2 horses. Inside you will be dazzled with gorgeous kitchen with stunning quartz counters, stainless appliances, a large family room with wine bar, formal living room, formal dining room, and a Bonus Room (5th bedroom). Solar panels are paid off.
Nearby schools
6/10
Madrona Elementary School
Public,•K-5•1.2mi
6/10
Redwood Middle School
Public,•6-8•1.6mi
7/10
Thousand Oaks High School
Public,•9-12•2.8mi
Condition Rating
Good
The property, built in 1978, has undergone a significant and recent interior remodel, as evidenced by the 'gorgeous kitchen with stunning quartz counters, stainless appliances' mentioned in the description, and the modern laminate flooring, recessed lighting, and updated bathroom vanities visible in the images. The paid-off solar panels are a major system upgrade. While the interior is move-in ready and appears extensively renovated within the last 5-15 years, some outdoor amenities like the pool coping and the sports court show signs of age and wear, preventing an 'Excellent' rating. However, the overall condition of the main living spaces and key features like the kitchen and bathrooms are well-maintained and updated, aligning with a 'Good' score.
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 = 20037, living area = 2586.
Extensive Outdoor Amenities: The property boasts a private pool, an oversized deck with amazing views, and a sports court for tennis or basketball, offering diverse recreational opportunities.
Equestrian Zoning & Features: Designed as an 'Equestrian home' and zoned for 2 horses, this property caters to a specific and desirable lifestyle for horse enthusiasts.
Modern Remodeled Interior: The home features a beautifully remodeled interior, including a gorgeous kitchen with stunning quartz counters and stainless appliances, and a family room with a wine bar.
Large & Tranquil Lot: Situated on almost half an acre in a rural, tranquil setting overlooking a nearby stream, providing privacy and a serene environment.
Energy Efficiency: Paid-off solar panels are included, offering significant savings on electricity costs and contributing to environmental sustainability.
Cons
Significant Price Discrepancy: The current listing price of $1.5 million is considerably higher than the estimated property value of approximately $743,555, which may impact buyer interest and marketability.
Age of Construction: Built in 1978, despite being remodeled, the underlying structure and some systems may be older, potentially leading to future maintenance considerations.
High Maintenance Requirements: The large lot, pool, sports court, and equestrian facilities suggest a higher level of ongoing maintenance and associated costs for the homeowner.