
Newbury Park, California 91320
This single-story residence represents a High-Potential Investment Opportunity, listed at a List Price of $649,999—positioned well above the $554,493 Fair Market Value by -17%. While the price reflects a premium, the property features a Condition Rating of 4, offering a solid foundation for cosmetic updates. Located in the Conejo Valley Unified School District, the home provides access to top-rated schools and panoramic hillside views. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Blue Oak Avenue Subject | $649,999* List Price | 2 | 2 | 1,035 | $536 | - |
A 1258 Ramona Drive Sold | $570,000 | 3 | 2 | 1,234 | $462 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the home is well-maintained but significantly dated. The kitchen features older oak-style cabinetry, white appliances, and tile countertops with wide grout lines characteristic of a 20+ year old renovation. While move-in ready, the interior finishes and mirrored closets require modern updates.
Situated on a desirable corner lot, this property offers exceptional panoramic hillside and mountain views while being located within the highly-rated Conejo Valley Unified School District.
The single-story residence features soaring vaulted ceilings and an open-concept floor plan that maximizes natural light, creating a sense of volume and modern functionality.
The Zen-inspired backyard is thoughtfully designed with mature landscaping and multiple seating areas, providing a serene environment for relaxation and outdoor entertaining.
At 1,035 square feet, the interior living space is relatively compact for a single-family residence, which may be a constraint for growing families or those needing extra storage.
The $385 monthly association fee adds a significant recurring cost to the monthly mortgage payment, which may impact the overall affordability for some buyers.
CORNER SINGLE STORY VIEW LOT!! Welcome to 701 Blue Oak Avenue, a beautifully maintained single-story corner residence nestled in one of Newbury Park's most desirable neighborhoods. Blending comfort, functionality, and timeless appeal, this inviting home offers sweeping hillside and mountain views, soaring vaulted ceilings, abundant natural light, and an open-concept floor plan designed for both everyday living and effortless entertaining. The spacious living and dining areas flow seamlessly into the well-appointed kitchen, featuring ample cabinetry, generous counter space, and an ideal layout for family meals or hosting guests. The thoughtfully designed floor plan offers spacious bedrooms that provide peaceful retreats, including a comfortable primary suite with direct access to the backyard. Step outside to your own private, Zen-inspired outdoor oasis where mature landscaping, multiple seating areas, and panoramic hillside views create the perfect setting for relaxing, entertaining, gardening, or simply enjoying Southern California's beautiful weather. Additional highlights include tile flooring, plantation shutters, an attached two-car garage, and access to the community pool and spa. Ideally located within the highly regarded Conejo Valley Unified School District, this home is just minutes from Blue Oak Elementary School, Sequoia Middle School, and Newbury Park High School, as well as scenic parks, hiking and biking trails, shopping, dining, and convenient freeway access. Whether you're a first-time homebuyer, growing family, or looking to downsize without compromising on quality, 701 Blue Oak Avenue presents an exceptional opportunity to enjoy the very best of Newbury Park living.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,035 | 2,017 |
| Lot Size | 2,178 | 8,712 |
| Price | $650.0K | $1.10M |
| Price per sq ft | $628 | $552 |
| Built year | 1978 | 1978 |
| HOA | $385.0 | $163 |
| Days on market | 2 | 48 |
Jul 20, 2026
$649,999
Initial Listing
Jan 21, 2022
$540,000
Public Record
Feb 3, 2005
$455,000
Public Record
Jul 9, 2002
$265,000
Public Record