871 Encino Vista Drive, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 4 bed, 3 bath
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Thousand Oaks, California 91362
This Original-Owner Value-Add Estate represents a rare acquisition in the prestigious Conejo Oaks tract. Listed at $1,300,000, the price reflects the premium for its massive 21,780-square-foot lot compared to the $1,200,305 Fair Market Value. With a Condition Rating of 4, the single-story home requires modernization but offers immense ROI potential through forced appreciation. The expansive usable acreage easily accommodates an ADU, pool, or RV parking, while access to Westlake High School ensures sustained market demand. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 871 Encino Vista Drive Subject | $1,300,000* List Price | 4 | 3 | 1,994 | $602 | - |
A 566 Rancho Road Sold | $1,355,000 | 4 | 2 | 1,930 | $702 | 0.3 mi |
B 920 Mower Court Sold | $1,525,000 | 4 | 3 | 2,632 | $579 | 0.5 mi |
C 918 Rancho Road Sold | $1,371,500 | 4 | 3 | 2,714 | $505 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963 and offered by the original owner, the property is well-maintained but significantly dated. The kitchen reflects a renovation likely from the late 1990s or early 2000s (>20 years old) with oak cabinetry and granite counters. While it features essential upgrades like dual-pane windows and central HVAC, the stained carpeting, original 1960s stone fireplace, and dated bathroom fixtures indicate the home needs cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1994.
The massive 21,780-square-foot lot provides significant usable space for future improvements like a pool, spa, or an ADU, offering rare flexibility in a prestigious neighborhood.
Situated in the sought-after Conejo Oaks tract, the property is located in a community where classic homes are frequently transformed into modern estates, ensuring strong long-term value.
As an original-owner home built in 1963, the property likely requires comprehensive cosmetic updates and modernization to meet the standards of today's luxury buyers.
While the home offers incredible upside, the need for a full-scale renovation to realize its maximum potential will require a substantial additional capital investment.
Rarely does an opportunity of this caliber emerge in the prestigious Conejo Oaks tract. For the first time since its construction in 1963, this cherished single-story residence is being offered by its original owner, representing a truly unique find for the discerning buyer. Spanning nearly 2,000 square feet of living space, the home features four bedrooms, two and a half bathrooms, and essential modern comforts including dual-pane windows and central heat and air. The residence is situated on an impressive 21,780-square-foot lot that offers a significant amount of usable space, providing a solid foundation for those looking to establish roots in one of the area's most sought-after neighborhoods.Positioned in a community where classic homes are frequently updated into modern estates, 871 Encino Vista Drive presents incredible potential for the next chapter of its history. The generous lot size creates a variety of possibilities for future improvements, such as the addition of a pool, spa, or even an ADU, depending on your vision. While the property currently features a two-car garage, there is also the potential to explore configurations for RV parking. Whether you choose to enhance the existing 1960s charm or plan for a gradual expansion, this home is looking for its next sixty-plus years of memories. In a tract known for its character and lasting value, an original-owner property with this much upside is a rare gem that will not last.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.3 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,994 | 2,460.5 | 34% |
| Lot Size | 21,780 | 9,183 | 86% |
| Price | $1.30M | $1.33M | 48% |
| Price per sq ft | $652 | $571 | 71% |
| Built year | 1963 | 1985 | 13% |
| HOA | $0 | $40 | 42% |
| Days on market | 4 | 156 | 1% |
Apr 18, 2026
$1,300,000
Initial Listing