Back on the Market and Major Price Reduction! Investors and Contractors* Unique Opportunity in area of $$$ Homes. Nestled in the high foothills of the Ventu Park Neighborhood with Valley and Mountain Views this Custom Mid-Century Modern presents immense potential. Originally built as a 2-story home with 2112 sqft, then rebuilt as a Single Story in the 70’s. More than a cosmetic fixer the property still maintains that remote Artist Retreat/ Canyon Feel, while surrounded by much more expensive homes, while still minutes from Freeway access. Open Floorplan, wood burning Fireplace, Large Barn with Loft Storage, Central AC & Heat, Wood Beam ceiling, a 2 room Fall-Out Shelter plus a separate basement, are just a few of the features that make this a rare opportunity.
Sold for $615,000
Listing Provided by: RE/MAX One
Bought with: Coldwell Banker Realty
Tax assessed value
$615,000
516 S Ventu Park Rd, Thousand Oaks, CA 91320
2beds
1,491sqft
Single Family Residence
Built in 1964
7,484 Square Feet Lot
$706,200 Zestimate®
$412/sqft
$3,957 Estimated rent
Home value
$706,200
$650,000 - $770,000
$3,957/mo
Zestimate® history
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$3,851/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Margaret Lynne DRE #00915587 818-378-0107,
RE/MAX One
Bought with:
Paula Kropp, DRE #01188634
Coldwell Banker Realty
Source: CRMLS,MLS#: SR24182254
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bathroom
- Features: Bathtub, Tub Shower
Family room
- Features: Separate Family Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator, Water Heater
- Laundry: Inside
Features
- Block Walls, Open Floorplan, Storage, Suspended Ceiling(s)
- Flooring: Carpet, Laminate
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,491 sqft
- Finished area below ground: 276
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Paved, Private, RV Potential
- Attached garage spaces: 1
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main Floor
- Patio & porch: Concrete, Open, Patio
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s), Valley
Lot
- Size: 7,484 sqft
- Features: Sloped Up, Value In Land
Details
- Additional structures: Barn(s), Storage
- Parcel number: 6730210230
- Zoning: RA
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence
Materials
- Block, Drywall, Frame, Concrete, Stucco
- Foundation: Block, Combination, Concrete Perimeter, Raised, Slab
Condition
- Additions/Alterations,Fixer,Repairs Major
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected, Overhead Utilities
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Foothills, Near National Forest, Park, Preserve/Public Land
Location
- Region: Thousand Oaks
- Subdivision: Ventu Park (124)
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2024 | Sold | $615,000-2.4%$412/sqft |
Source:  CRMLS #SR24182254 Report a problem | ||
| 10/25/2024 | Pending sale | $630,000$423/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
| 10/2/2024 | Contingent | $630,000$423/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
| 9/29/2024 | Listed for sale | $630,000-8%$423/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
| 9/26/2024 | Contingent | $685,000$459/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
| 9/21/2024 | Listed for sale | $685,000$459/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
| 9/18/2024 | Contingent | $685,000$459/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
| 9/4/2024 | Listed for sale | $685,000$459/sqft |
Source: CRMLS #SR24182254 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,942 +107.8% | $615,000 +114.2% |
| 2024 | $3,340 | $287,073 +2% |
| 2023 | $3,340 +1.9% | $281,445 +2% |
| 2022 | $3,278 +1.9% | $275,927 +2% |
| 2021 | $3,217 +14.2% | $270,517 +1% |
| 2020 | $2,817 +2.7% | $267,745 +2% |
| 2019 | $2,742 +2.1% | $262,496 +2% |
| 2018 | $2,686 +2% | $257,350 +2% |
| 2017 | $2,633 +1% | $252,305 +2% |
| 2016 | $2,608 +1.8% | $247,359 +1.5% |
| 2015 | $2,561 +1.5% | $243,645 +2% |
| 2014 | $2,524 | $238,874 +0.5% |
| 2013 | -- | $237,796 +2% |
| 2012 | -- | $233,134 +2% |
| 2011 | -- | $228,564 +0.5% |
| 2009 | -- | $227,398 +4% |
| 2007 | -- | $218,569 +2% |
| 2006 | -- | $214,284 +2% |
| 2005 | -- | $210,083 +3.9% |
| 2003 | -- | $202,192 +2% |
| 2002 | -- | $198,228 +2% |
| 2001 | $2,007 +2.8% | $194,342 +2% |
| 2000 | $1,952 | $190,532 |
Find assessor info on the county website
Neighborhood: Newbury Park
Nearby schools
GreatSchools rating
- 7/10Aspen Elementary SchoolGrades: K-5Distance: 2.6 mi
- 5/10Sequoia Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10Newbury Park High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$706,200
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Estimated market value
$706,200
- California
- Ventura County
- Thousand Oaks
- 91320
- Newbury Park
- 516 S Ventu Park Rd
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