1633 Montgomery Road, Thousand Oaks, California 91360, Thousand Oaks, - bed, bath

home-pic
ACTIVE$1,299,000
1633 Montgomery Road, Thousand Oaks, California 91360
4Beds
3Baths
1,474Sqft
25,100Lot
Year Built
1958
Close
-
List price
$1.3M
Original List price
$1.7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR24086309
Home ConditionPoor
Features
Patio
View-

About this home

Horse property in the desirable Waverly Heights neighborhood. This property would be the perfect canvas to realize your equestrian dream. The 4 bedroom, 3 bath home on the property is ready for you to bring your imagination - whether a full remodel or rebuild. Property has had recent improvements including: a new roof, fully re-painted on outside, refurbished patio portico, cleaned-up grounds, new landscaping. This large corner lot paradise, over 1/2 acre FLAT lot has plenty of room for animals, horses, RV's, commercial equipment or your other cool toys. Garage is currently converted to a living space with 2 bedrooms, full bath and kitchen. There is another ADU/living space off the back of the home as well. There is a horse gate and hitching post area on the property. Home is on a corner lot (you would own the 'Waverly Heights' sign for the entrance to the neighborhood!) and is close to the Conejo Creek Equestrian Park, shopping, restaurants and access to the 23 freeway. A great opportunity to realize your dream!

Nearby schools

4/10
Glenwood Elementary School
Public,K-50.4mi
7/10
Los Cerritos Middle School
Public,6-81.4mi
7/10
Thousand Oaks High School
Public,9-120.8mi

Price History

Date
Event
Price
10/28/25
Price Change
$1,299,000-13.4%
08/19/25
Price Change
$1,499,999-11.8%
08/06/25
$1,700,000
05/06/24
$1,699,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (151 Listings)
Beds44
50%
Baths33
50%
Square foot1,4742,066
16%
Lot Size25,10010,018
90%
Price$1.3M$1.1M
72%
Price per square foot$881$549
97%
Built year19589840985
3%
HOA
Days on market548156
99%
Condition Rating
Poor

Built in 1958, the property's interior is explicitly described as a 'canvas' requiring a 'full remodel or rebuild.' While the exterior has seen recent cosmetic updates (new roof, paint, landscaping), the interior images reveal worn hardwood floors, popcorn ceilings, and a glimpse of a very dated bathroom, indicating a complete lack of modern updates. The kitchen and bathrooms are clearly outdated and would require substantial renovation to meet current standards, aligning with the 'Poor' condition criteria for extensive rehabilitation.
Pros & Cons

Pros

Equestrian Potential & Amenities: This property is a desirable horse property, featuring a horse gate and hitching post, located in the horse-friendly Waverly Heights neighborhood, and is in close proximity to Conejo Creek Equestrian Park.
Large, Flat & Versatile Corner Lot: Boasting over a 1/2 acre flat corner lot, the property offers extensive space for animals, RVs, commercial equipment, or other recreational uses, and benefits from a prominent location at the neighborhood entrance.
Income/Multi-Generational Living Potential: The property includes a converted garage with 2 bedrooms, a full bath, and a kitchen, plus an additional ADU/living space, providing significant flexibility for rental income or extended family living.
Recent Exterior Improvements: Recent updates such as a new roof, fresh exterior paint, a refurbished patio portico, cleaned-up grounds, and new landscaping enhance curb appeal and reduce immediate exterior maintenance concerns.
Prime Location & Desirable Neighborhood: Situated in the sought-after Waverly Heights neighborhood, the home offers convenient access to shopping, restaurants, the 23 freeway, and is served by a good school district.

Cons

Extensive Interior Renovation Required: The 1958-built main home is presented as a 'canvas' ready for a 'full remodel or rebuild,' indicating a significant investment in interior updates and modernization will be necessary.
Smaller Main House Square Footage: With 1474 sqft for the main 4-bedroom, 3-bath residence (excluding converted spaces), the interior living area may feel constrained, especially relative to the expansive lot size.
Significant Price Reductions & Market History: The property has undergone substantial price reductions from its original list price of nearly $1.7M to $1.299M, suggesting potential overpricing initially or challenges in attracting buyers, which could imply a longer market time.

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