1250 La Peresa Drive, Thousand Oaks, California 91362, Thousand Oaks, - bed, bath

home-pic
ACTIVE$4,995,000
1250 La Peresa Drive, Thousand Oaks, California 91362
5Beds
5Baths
4,174Sqft
63,597.602Lot
Year Built
1960
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-25356
Home ConditionExcellent
Features
Good View: Mountain(s), Trees/Woods
Patio
ViewMountain(s), Trees/Woods

About this home

Located at the end of a cul-de-sac and deep within highly sought Conejo Oaks, this extremely rare and privately gated acre and a half offers tremendous opportunities. Situated on the upper lot, the 5 Bd 4 1/2 Ba single level home offers approx. 4,174SF of open living space and has just undergone a full ''studs out'' permitted renovation completed in 2023. The next best thing to a brand-new build - almost EVERYTHING is new! Custom cabinetry, hardwood floors, designer lighting, Kohler fixtures, Lutron smart lighting, all new plumbing, electrical, roof and HVAC systems. New steel beams create large vaulted ceilings in the kitchen and living and dining rooms with tongue and groove details. New windows overlook the vast property and bi-fold doors bring the outdoors in for the ultimate in California living. There are approved and permitted plans ready to go for an attached 1500 SF garage. Additional development opportunities for the property include - potential to parcel the property into two lots to build another single-family luxury residence, or potential to place multiple ADU's on the property for personal use or rental income. Every once in a while, an amazing opportunity presents itself, and this is one you do not want to miss!

Nearby schools

4/10
Conejo Elementary School
Public,K-51.2mi
6/10
Westlake Hills Elementary School
Public,K-52.3mi
6/10
Colina Middle School
Public,6-80.7mi
8/10
Westlake High School
Public,9-123.2mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (156 Listings)
Beds54
76%
Baths53
82%
Square foot4,1742,611
87%
Lot Size63,59810,018
98%
Price$5M$1.41M
96%
Price per square foot$1,197$593
99%
Built year19601985
6%
HOA
Days on market441168
98%
Condition Rating
Excellent

The property, originally built in 1960, underwent a complete 'studs out' renovation in 2023. The listing highlights new custom cabinetry, hardwood floors, designer lighting, Kohler fixtures, Lutron smart lighting, all new plumbing, electrical, roof, and HVAC systems. The images confirm a modern, high-quality renovation throughout the kitchen and bathrooms, justifying an 'excellent' condition score.
Pros & Cons

Pros

Extensive Renovation: The property has undergone a complete 'studs out' renovation in 2023, essentially offering a like-new home with updated systems and finishes.
Development Potential: The large 1.5-acre lot offers significant development opportunities, including potential for parceling, building an additional residence, or adding multiple ADUs.
Desirable Location: Located in the highly sought-after Conejo Oaks, at the end of a cul-de-sac, providing privacy and exclusivity.

Cons

High Price Point: The list price of $4,995,000 may limit the pool of potential buyers.
Garage Not Yet Built: While plans are approved, the 1500 SF garage is not yet built, requiring additional investment and construction time for the buyer.

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