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863 Falmouth Street, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 5 bed, 3 bath

863 Falmouth Street, Thousand Oaks, California 91362 home-pic-0
ACTIVE$1,749,000
863 Falmouth Street, Thousand Oaks, California 91362
5Beds
3Baths
3,046Sqft
9,583Lot

Price Vs. Estimate

The estimated value ($914,758.605) is $834,241.395 (47%) lower than the list price ($1,749,000). This property may be overpriced.

Key pros and cons

Top Pros:
High-End Kitchen Renovation: The chef-inspired gourmet kitchen features top-tier Thermador appliances, a copper farmhouse sink, beautiful quartz counters, a spacious center island, and custom cabinetry with soft-close doors and a double pantry, offering a luxurious and highly functional culinary space.
Top Cons:
Significant Overpricing / Valuation Discrepancy: The property's estimated value is significantly lower than the current list price, indicating a potential overvaluation or a disconnect with recent market comparables, which could deter potential buyers.

Compared to the nearby listings

Price:$1.75M vs avg $1.36M (+$389,100)74%
Size:3,046 sqft vs avg 2,568 sqft74%
Price/sqft:$574 vs avg $58546%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this property has undergone an extensive and high-quality recent renovation. The kitchen is a 'chef-inspired gourmet' space featuring top-tier Thermador appliances, a unique copper farmhouse sink, beautiful quartz counters, and custom cabinetry with soft-close doors and pull-out drawers. The bathrooms are also thoroughly updated with modern vanities, fixtures, and tiling, including a luxurious shower with gold/brass accents. The description highlights a 'newly updated staircase' and 'newly designed fireplace facade,' indicating comprehensive interior upgrades. All visible components appear new or virtually new, meeting current quality standards, making it move-in ready with no deferred maintenance in key areas.
Year Built
1964
Close
-
List price
$1.75M
Original List price
$1.88M
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
225002738
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
Deck
Spa
Patio
ViewHills, Mountain(s)

About this home

Welcome to 863 Falmouth Street -- a stunning Spanish-style estate nestled in the sought-after Starview tract of Thousand Oaks. With 4 spacious bedrooms, a versatile office/bonus room, and 3 beautifully appointed bathrooms, this residence is designed for both comfort and style. The private backyard is an entertainer's paradise, featuring a luxurious gazebo, lush landscaping and a drought-tolerant garden. The front yard welcomes you with mature trees, low-maintenance turf and fabulous curb appeal especially in the evening when everything is illuminated. An inviting front porch ushers you into a thoughtfully crafted interior, where soaring two-story ceilings create a dramatic first impression.The formal dining room offers the perfect setting for memorable gatherings, while the heart of the home boasts elegant archways and a newly designed fireplace facade.The chef-inspired gourmet kitchen is a culinary dream, outfitted with top-tier Thermador appliances including double convection ovens and warming drawer, a copper farmhouse sink, and beautiful quartz counters. A spacious center island, serves as the ideal hub for meal preparation and casual conversation. Enjoy custom cabinetry featuring soft close doors and drawers, pull out drawers throughout plus a double pantry. Overlooking the serene backyard, the cozy breakfast nook is seamlessly connected, creating an inviting space for both daily living and entertaining. Convenience is key with a downstairs bedroom and full bathroom, along with a custom area for laundry and storage--perfect for keeping everyone organized. A newly updated, stunning staircase leads to the expansive primary suite, a true retreat offering breathtaking views of the backyard. This private oasis features dual vanities, a separate stall shower, and a walk-in closet.The pristine two-car garage is a masterpiece of functionality and style, featuring a drive through back garage door, a convenientidea for those wanting to wheel out the grill or maybe work on their car in the backyard. Whether you're parking your prized vehicles or creating the ultimate play space, workshop, or man cave, this space is as versatile as it is immaculate.Located in a highly desirable neighborhood with award-winning schools, like MATES Charter and Oaks Christian, this is more than a home--it's a lifestyle.

Nearby schools

4/10
Conejo Elementary School
Public,•K-5•0.7mi
6/10
Westlake Hills Elementary School
Public,•K-5•1.7mi
6/10
Colina Middle School
Public,•6-8•0.6mi
8/10
Westlake High School
Public,•9-12•2.6mi
Condition Rating
Excellent
Despite being built in 1964, this property has undergone an extensive and high-quality recent renovation. The kitchen is a 'chef-inspired gourmet' space featuring top-tier Thermador appliances, a unique copper farmhouse sink, beautiful quartz counters, and custom cabinetry with soft-close doors and pull-out drawers. The bathrooms are also thoroughly updated with modern vanities, fixtures, and tiling, including a luxurious shower with gold/brass accents. The description highlights a 'newly updated staircase' and 'newly designed fireplace facade,' indicating comprehensive interior upgrades. All visible components appear new or virtually new, meeting current quality standards, making it move-in ready with no deferred maintenance in key areas.
Pros & Cons

Pros

High-End Kitchen Renovation: The chef-inspired gourmet kitchen features top-tier Thermador appliances, a copper farmhouse sink, beautiful quartz counters, a spacious center island, and custom cabinetry with soft-close doors and a double pantry, offering a luxurious and highly functional culinary space.
Desirable Location & Schools: Nestled in the sought-after Starview tract of Thousand Oaks, the property benefits from a highly desirable neighborhood with access to award-winning schools like MATES Charter and Oaks Christian, enhancing its appeal to families.
Luxurious Outdoor Living & Curb Appeal: The private backyard is an entertainer's paradise with a luxurious gazebo, lush landscaping, and a drought-tolerant garden. The front yard boasts mature trees, low-maintenance turf, and impressive evening illumination, contributing to excellent curb appeal.
Functional & Versatile Layout: The residence offers a practical layout with 4 spacious bedrooms, a versatile office/bonus room, a convenient downstairs bedroom and full bathroom, and an expansive primary suite. The two-car garage features a unique drive-through back door, adding versatility for various uses.
Updated Interior Aesthetics: The Spanish-style estate features a thoughtfully crafted interior with soaring two-story ceilings, elegant archways, a newly designed fireplace facade, and a newly updated staircase, creating a dramatic and appealing first impression.

Cons

Significant Overpricing / Valuation Discrepancy: The property's estimated value is significantly lower than the current list price, indicating a potential overvaluation or a disconnect with recent market comparables, which could deter potential buyers.
Age of Property & Unspecified System Upgrades: Built in 1964, the property's age, despite cosmetic renovations, raises questions about the condition and updates of critical systems (HVAC, plumbing, electrical) which are not explicitly detailed, unlike some newer or comprehensively renovated comparables.
Competitive Market Position: Compared to recently sold and active listings in the area, including newer constructions and fully 'reimagined' homes with all-new systems at similar or slightly higher price points, this property may face challenges justifying its price given its 1964 build year and less explicit system upgrades.

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