685 Paige Lane, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 2 bed, 2 bath

685 Paige Lane, Thousand Oaks, California 91360 home-pic-0

685 Paige Lane

Thousand Oaks, California 91360

ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,220Sq Ft
10,890Lot Size

Property Price

LIST PRICE$830,000
EST. MARKET VALUE
$812,046

SUMMARY

Analysis of 685 Paige Lane, Thousand Oaks, California 91360 reveals a Fairly Priced Property with a current list price of $830,000  aligned with the estimated $812,046 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Thousand Oaks 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

$812,046
Based on Realkey algorithm analyzing recent comparable sales in Thousand Oaks.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
685 Paige Lane
Subject
$830,000*
List Price
221,220$666-
A
628 Paige Lane
Sold
$810,000321,296$6250.0 mi
B
807 Briar Cliff Road
Active Under Contract
$950,000
List Price
431,531$6210.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is well-maintained and move-in ready with recent cosmetic improvements such as new carpet, fresh paint, and a newer HVAC system. However, as a 1965 build, the home retains a dated galley kitchen and older bathroom styles that show their age despite the upkeep. While functional and clean, the property lacks the comprehensive modern renovations required for a 'good' or 'excellent' rating, as the primary fixtures and cabinetry reflect older design 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 = 10890, living area = 1220.

  • Expansive Lot & Horse Zoning

    The property features a large 10,890 sqft corner lot zoned for horses, complete with dual RV access gates and significant potential for outdoor development.

  • Versatile Bonus Space

    A separate, climate-controlled building in the backyard offers a private and functional space for a home office or studio, a highly desirable feature for modern buyers.

CONSRISKS & DEFICIENCIES

  • Unpermitted Structure

    The separate office building is not permitted, which could lead to complications with local building codes, future appraisals, or securing certain types of financing.

  • Limited Bedroom Count

    With only two bedrooms, the property may have a more restricted buyer pool compared to typical family-sized homes in the Thousand Oaks market.

About 685 Paige Lane

What an opportunity for country living in the city. This charming home is located on a huge corner lot with tons of potential on one of the most unique streets in Thousand Oaks. Step inside to a cozy living room with new carpet, custom molding and a beautiful fireplace. The galley kitchen is open to a dining area with built-in cabinetry. Both bedrooms offer new carpet, fresh paint and two separate closets in the primary. An indoor laundry room features lots of storage cabinets and the HVAC system is newer. The extensive backyard is the highlight with a separate building (not permitted) that can be used as an office with separate climate control. There are two RV access gates, an above-ground spa and storage shed. And this area is zoned for horses.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
10,890 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Thousand Oaks Unified Schools

Glenwood Elementary School

Grades K-5 • 0.5 mi

4/10

Conejo Elementary School

Grades K-5 • 1.5 mi

4/10

Colina Middle School

Grades 6-8 • 0.9 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
2%
Baths2.03.0
41%
Square foot1,2202,125
8%
Lot Size10,89010,018
56%
Price$830.0K$1.11M
15%
Price per sq ft$680$546
86%
Built year19651970
35%
HOA$0$0
50%
Days on market3167
2%

Pricing History

Listed for Sale

Mar 4, 2026

$830,000

Initial Listing

Sold

Aug 10, 1995

$174,000

Public Record

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