
Thousand Oaks, California 91360
This Custom 2018 Single Family Residence is a Strong Value Opportunity, listed at $1,237,000—positioned well below the $1,254,443 Fair Market Value by 1%. This valuation gap offers $17,443 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a Granite Kitchen, Pella Windows, and a 950 sq ft Unfinished Basement with massive expansion potential. Located in the Conejo Valley Unified district, this property is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking a modern, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 885 Masterson Drive Subject 3 bd · 3 ba · 2,013 sqft · $612 | $1,199,911* List Price | 3 | 3 | 2,013 | $612 | - |
A 955 Brossard Drive Sold 3 bd · 2 ba · 1,596 sqft · $564 · 0.1 mi | $900,000 | 3 | 2 | 1,596 | $564 | 0.1 mi |
B 886 Yorkshire Avenue Sold 4 bd · 2 ba · 1,405 sqft · $687 · 0.3 mi | $965,000 | 4 | 2 | 1,405 | $687 | 0.3 mi |
C 29 Wales Street Sold 4 bd · 2 ba · 1,961 sqft · $533 · 0.9 mi | $1,045,000 | 4 | 2 | 1,961 | $533 | 0.9 mi |
D 743 Spalding Street Active 4 bd · 3 ba · 1,755 sqft · $683 · 0.4 mi | $1,199,000 List Price | 4 | 3 | 1,755 | $683 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this custom home is less than 10 years old and in mint condition. It features modern systems including copper plumbing and a tankless water heater, along with a contemporary kitchen with granite counters and stainless steel appliances. The interior shows no signs of wear, with wood-style flooring and recessed lighting throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2013.
Built in 2018, this custom home features contemporary upgrades including Pella windows, copper plumbing, and a modern open-concept kitchen with granite countertops and stainless steel appliances.
The property includes a rare 950 sq ft unfinished basement and an oversized 12,000+ sq ft lot, offering massive upside for a home gym, media room, pool, or a potential additional dwelling unit (ADU).
The nearly 950 sq ft basement is currently unfinished, requiring additional capital investment and construction time from the buyer to fully utilize the space.
While the middle and high schools are highly rated, the assigned elementary school currently holds a lower rating (4/10), which may be a concern for families with young children.
ONE-OF-A-KIND OPPORTUNITY! Built in 2018, this custom home offers over 2,000 sq ft of living space on a 12,000+ sq ft lot, PLUS an approximately 950 sq ft unfinished basement not included in the living square footage. The basement creates incredible additional potential for a media room, office, gym, workshop, playroom or storage. The oversized lot also offers room for a pool or possible additional unit. Inside, enjoy an open-concept layout with wood-style flooring, recessed lighting, Pella windows and sliders, copper plumbing and an upgraded kitchen featuring granite counters, white cabinetry, stainless steel appliances, 5-burner gas range and large pantry. The great room features a stacked-stone fireplace, while the primary suite includes a walk-in closet and direct patio access. Oversized garage, spacious bedrooms, Jack-and-Jill bath and multiple powder rooms complete the layout. 2018 construction, large lot, nearly 950 sq ft of additional basement space and endless possibilities—opportunities like this are hard to find.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,013 | 2,127.858 |
| Lot Size | 11,761 | 9,656.536 |
| Price | $1.20M | $1.15M |
| Price per sq ft | $596 | $559 |
| Built year | 2018 | 1974 |
| HOA | $0 | $200 |
| Days on market | 43 | 50 |
Oct 13, 2026
$1,199,911
$1,237,000
-3% Price Drop
Initial Listing
Sep 11, 2026
$1,237,000
Initial Listing
Nov 22, 2019
$735,000
Public Record
Jul 15, 2002
$93,500
Public Record
Aug 6, 1998
$33,000
Public Record