723 Gerst Drive, Newbury Park, California 91320, Newbury Park, 91320 - 3 bed, 2 bath

723 Gerst Drive, Newbury Park, California 91320 home-pic-0

723 Gerst Drive

Newbury Park, California 91320

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,308Sq Ft
10,018Lot Size

Property Price

LIST PRICE$949,000
EST. MARKET VALUE
$924,860

SUMMARY

Analysis of 723 Gerst Drive, Newbury Park, California 91320 reveals a Fairly Priced Property with a current list price of $949,000  aligned with the estimated $924,860 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$924,860
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
723 Gerst Drive
Subject
$949,000*
List Price
321,308$707-
A
245 Dickenson Avenue
Sold
$875,000421,427$6131.0 mi
B
4032 Monterey Court
Sold
$885,000321,348$6571.0 mi
C
3441 Gloria Drive
Sold
$975,000321,308$7450.2 mi
D
560 Randy Drive
Sold
$850,000321,451$5860.5 mi
E
3444 Cary Court
Sold
$890,000321,308$6800.1 mi
F
538 Dorena Drive
Active
$959,000
List Price
321,233$7780.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1964, this property has undergone extensive and recent renovations, including a modernized kitchen with stainless steel appliances and granite countertops, remodeled bathrooms with updated fixtures and tile, newer HVAC, a 220 electrical panel, dual-pane windows, and updated tile flooring throughout. These significant updates make the home move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.

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 = 10018, living area = 1308.

  • Exceptional Lot Size & Outdoor Space

    The property boasts one of the largest lots in the neighborhood, over 10,000 sqft, featuring a huge grassy yard, free-standing gazebo, built-in gas BBQ, and picturesque views of Boney Mountain, ideal for outdoor living and entertaining.

  • Versatile Dual Driveways & ADU Potential

    Offers two separate driveways, one with an attached garage and the other providing RV access to the backyard, with significant potential for an ADU conversion, adding flexibility and value.

CONSRISKS & DEFICIENCIES

  • Original Construction Year

    Despite extensive updates, the home was originally built in 1964, which may lead some buyers to have concerns about the underlying structure or prefer newer construction.

  • Specific Interior Flooring Choices

    The property features 18-inch tile floors in main living areas and wood grain tile floors in bedrooms, which, while updated, might not align with all buyers' aesthetic preferences for materials like hardwood or carpet.

  • Absence of a Swimming Pool

    Given the generous lot size and the Southern California climate, the lack of a swimming pool could be a drawback for some buyers seeking this popular outdoor amenity.

About 723 Gerst Drive

The home you’ve been waiting for!! One of Casa Conejo’s best streets and LARGEST lots in the neighborhood, resting on over 10,000 sqft.! This East facing California Ranch style home has TWO separate driveways, one with an attached garage, NEW door & motor, while the other is suited for RV access opening to the backyard through a double vinyl gate or a possible entrance for and ADU conversion, options galore! Walking up the brick-lined pathway the home greets you with plantation shutters and indescribable happy energy! You enter the living room lit by recessed lighting and warmed by a cozy brick fireplace resting on 18-inch tile floors that flow into the adjoining kitchen and dining room. The dining room has a built-in cabinet to display dishes or your finest wines! These rooms have vaulted ceilings & skylight creating tons of natural lighting. The kitchen peninsula triples as both a storage, sitting and serving counter, really pulling this room together as one. All stainless-steel appliances and double oven are waiting for your holiday gatherings to begin! The back sliding door opens to a NEW-er wood patio cover, a built-in gas BBQ perfectly appointed and offset. Toward the back of the yard there’s a free-standing gazebo overlooking the HUGE grassy yard, picturesque Mulberry tree and Boney Mountain off in the distance, what a view! The master en-suite has a remodeled ¾ bathroom, wood grain tile floors, both horizontal window and sliding door inviting you to pop into that backyard hot tub after work! The other two bedrooms also have beautiful wood grain tile floors and distinguished plantation shutters. Plenty of hallway storage closets and a guest bathroom that has recently been remodeled to include solar tube lighting. Additional upgrades include NEWER 220 electrical panel, exterior paint, rain gutters, dual pane windows and sliders, and HVAC! This neighborhood is a minute or two off the 101fwy, shopping and walking distance to top notch Conejo District Schools. The outdoor enthusiasts are minutes from Rancho Sierra Vista – Satwiwa National Recreation Area offering trails to the beach while the shopping enthusiast can enjoy Camarillo Outlets also minutes down the grade! I could go on and on, come see for​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ yourself!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1964
Lot Size
10,018 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 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)
Beds3.04.0
43%
Baths2.03.0
38%
Square foot1,3081,995
9%
Lot Size10,0187,840
75%
Price$949.0K$1.01M
36%
Price per sq ft$726$534
95%
Built year19641977
11%
HOA$0$0
50%
Days on market85178
14%

Pricing History

Listed for Sale

Dec 12, 2025

$949,000

Initial Listing

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