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

723 Gerst Drive
Newbury Park, California 91320
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 723 Gerst Drive Subject | $949,000* List Price | 3 | 2 | 1,308 | $707 | - |
A 245 Dickenson Avenue Sold | $875,000 | 4 | 2 | 1,427 | $613 | 1.0 mi |
B 4032 Monterey Court Sold | $885,000 | 3 | 2 | 1,348 | $657 | 1.0 mi |
C 3441 Gloria Drive Sold | $975,000 | 3 | 2 | 1,308 | $745 | 0.2 mi |
D 560 Randy Drive Sold | $850,000 | 3 | 2 | 1,451 | $586 | 0.5 mi |
E 3444 Cary Court Sold | $890,000 | 3 | 2 | 1,308 | $680 | 0.1 mi |
F 538 Dorena Drive Active | $959,000 List Price | 3 | 2 | 1,233 | $778 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,308 | 1,995 | 9% |
| Lot Size | 10,018 | 7,840 | 75% |
| Price | $949.0K | $1.01M | 36% |
| Price per sq ft | $726 | $534 | 95% |
| Built year | 1964 | 1977 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 178 | 14% |
Pricing History
Listed for Sale
Dec 12, 2025
$949,000
Initial Listing





























































