7 Greenmeadow Drive, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 3 bath
ACTIVE$799,900
7 Greenmeadow Drive, Newbury Park, California 91320
3Beds
3Baths
2,117Sqft
2,117Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Desirable Community & Location: Located in the highly sought-after, gated Lynn Meadows community in Newbury Park, offering a desirable lifestyle and strong community appeal.
Top Cons:
High Monthly Association Fee: The $550 monthly association fee is substantial and adds significantly to the overall cost of homeownership, which may impact affordability for some buyers.
Compared to the nearby listings
Price:$799.9K vs avg $761.0K (+$38,900)58%
Size:2,117 sqft vs avg 1,662 sqft79%
Price/sqft:$378 vs avg $4588%
More Insights
Built in 1990 (35 years old).
Condition: The property, built in 1990, benefits from recent upgrades including a brand-new HVAC system and fresh carpeting throughout, which are significant positives. However, the kitchen and bathrooms are notably dated, featuring original 1990s style cabinets, countertops, appliances (white), and fixtures. The light fixtures in the main living areas also appear original. While functional and well-maintained, these key areas require substantial cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria for a home built over 20 years ago with no major renovations to its core living spaces.
Year Built
1990
Close
-
List price
$800K
Original List price
$835K
Price/Sqft
$378
HOA
$550
Days on market
-
Sold On
-
MLS number
SR25085948
Home ConditionFair
Features
Patio
View-
About this home
Incredible opportunity to own this spacious end-unit townhouse in the desirable Lynn Meadows community offering 3 bedrooms, 2.5 bathrooms, and 2,117 square feet of well-designed living space. Built in 1990, the home features a bright and open layout with high ceilings, a cozy fireplace in the family room, and a dining area perfect for entertaining. The attached two-car garage provides direct access for added convenience. Recent upgrades include a brand-new HVAC system, ensuring year-round comfort and improved energy efficiency, as well as fresh, plush carpeting installed throughout the home, offering a clean, modern feel. This home blends comfort, style, and functionality in one of Thousand Oaks’ most sought-after gated communities.
Condition Rating
Fair
The property, built in 1990, benefits from recent upgrades including a brand-new HVAC system and fresh carpeting throughout, which are significant positives. However, the kitchen and bathrooms are notably dated, featuring original 1990s style cabinets, countertops, appliances (white), and fixtures. The light fixtures in the main living areas also appear original. While functional and well-maintained, these key areas require substantial cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria for a home built over 20 years ago with no major renovations to its core living spaces.
Pros & Cons
Pros
Desirable Community & Location: Located in the highly sought-after, gated Lynn Meadows community in Newbury Park, offering a desirable lifestyle and strong community appeal.
Recent Significant Upgrades: Features a brand-new HVAC system and fresh, plush carpeting throughout, ensuring year-round comfort, improved energy efficiency, and a move-in ready condition.
Spacious & Functional Layout: Offers a generous 2,117 square feet of well-designed living space with a bright, open layout, high ceilings, 3 bedrooms, and 2.5 bathrooms, ideal for comfortable living and entertaining.
End-Unit Advantage: As an end-unit townhouse, it typically provides more privacy, fewer shared walls, and potentially more natural light compared to interior units.
Convenient Features: Includes an attached two-car garage with direct access, a cozy fireplace in the family room, and a dedicated dining area, enhancing daily convenience and comfort.
Cons
High Monthly Association Fee: The $550 monthly association fee is substantial and adds significantly to the overall cost of homeownership, which may impact affordability for some buyers.
Lack of Premium Views: The property description explicitly states 'view: None', indicating an absence of scenic or desirable views that could otherwise enhance property value and appeal.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $835,000 to $799,900, which might suggest market resistance or a perceived overvaluation.