628 Silverwheel Place, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 3 bath

628 Silverwheel Place, Newbury Park, California 91320 home-pic-0

628 Silverwheel Place

Newbury Park, California 91320

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
2,600Sq Ft
28,749Lot Size

Property Price

LIST PRICE$1,849,000
EST. MARKET VALUE
$1,909,555
3% BelowMARKET VALUE

SUMMARY

Analysis of 628 Silverwheel Place, Newbury Park, California 91320 reveals a Prime Investment Opportunity with a current list price of $1,849,000—significantly undercutting the $1,909,555 Fair Market Value by 3%. This valuation gap indicates a +$60,555 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newbury Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,909,555 +$60,555 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Newbury Park.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
628 Silverwheel Place
Subject
$1,849,000*
List Price
432,600$734-
A
2227 Mapleleaf Ave
Active
$1,525,000
List Price
432,173$7020.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1989, this property has undergone an extensive and high-end full remodel that qualifies it for an excellent rating. The gourmet kitchen is equipped with professional-grade Wolf appliances and custom-built cabinetry, while the interior features updated dual-pane windows, wood shutters, and name-brand plumbing fixtures. The meticulous maintenance, combined with significant system upgrades like the new saltwater pool generator and smart irrigation, indicates a property with no deferred maintenance and modern quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 28749, living area = 2600.

  • Premium Interior Remodel

    The home features high-end finishes including a gourmet kitchen with a Wolf 48-inch range, custom cabinetry by local craftsmen, and dual-pane windows, offering a turnkey luxury experience.

  • Extensive Private Lot

    Situated on nearly 0.66 acres, the property provides exceptional privacy and rare gated side-yard parking for a boat or RV, a significant asset for outdoor enthusiasts.

CONSRISKS & DEFICIENCIES

  • 1980s Era Construction

    Despite the extensive cosmetic and functional interior remodel, the 1989 build date may mean some original structural or systemic components are nearing the end of their typical lifecycle.

  • Premium Pricing

    With a list price of $1.849M for 2,600 square feet, the property sits at a high price-per-square-foot for the area, which may challenge buyers looking for more interior living space at this valuation.

About 628 Silverwheel Place

Beautiful Deer Ridge Home Is Newly Available. This Spectacular Fully Remodeled 4 Bedroom, 3 Bath Home On Nearly .66 Acre Very Private Lot Is A True Must See. Spacious 2,600 SqFt With An Entertainers Backyard Including Dining And Seating Area, Separated From The Pool & Spa (Salt Water With A New Chlorine Generator). Removable Child Fence For The Pool. 3 Car Attached Garage Plus Gated Side Yard For Parking A Boat Or RV. Professionally Landscaped With Low Voltage LED Lighting The Front & Back Yards. Full Irrigation With A Smart Timer. Interior Remodel Includes 2 Additional Gas Fireplaces Added By The Owners During Remodel (Primary Has Remote And Timer), Dual Pane Windows, Wood Shutters, All Cabinetry Was Replaced & Custom Built By Renown Local Craftsman. Name Brand Plumbing Fixtures Throughout. Gourmet Kitchen With Wolf Professional 48'' Range/ Dual Ovens & Granite Countertops. This Home Is In Perfect Move In Ready Condition & Is Always Meticulously Maintained. Fantastic Location Puts You Close To All The Amenities You Could Want! WELCOME HOME!!!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
28,749 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,6001,998
75%
Lot Size28,7497,840
95%
Price$1.85M$1.02M
89%
Price per sq ft$711$534
93%
Built year19891978
68%
HOA$0$0
50%
Days on market8178
1%

Pricing History

Listed for Sale

Feb 27, 2026

$1,849,000

Initial Listing

Sold

Sep 25, 1997

$357,000

Public Record

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