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1633 Montgomery Road, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 3 bath

1633 Montgomery Road, Thousand Oaks, California 91360 home-pic-0
ACTIVE UNDER CONTRACT$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
$1.3M
Price/Sqft
$881
HOA
-
Days on market
-
Sold On
-
MLS number
SR25278149
Home ConditionPoor
Features
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,6 Pros. Rank: price - $1.30M(77th), sqft - 1474(15th), beds - 4(50th), baths - 3(50th).

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-5•0.4mi
7/10
Los Cerritos Middle School
Public,•6-8•1.4mi
7/10
Thousand Oaks High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
12/18/25
Listing
$1,299,000
Condition Rating
Poor
Built in 1958, the property's interior is explicitly described as a 'canvas' ready for a 'full remodel or rebuild,' and the property analysis highlights 'Extensive Interior Renovation Required' and 'Older Home Systems.' While the exterior has recent updates (new roof, paint, landscaping), the critical interior spaces, particularly the main kitchen and bathrooms, are not pictured and are implied to be in need of substantial rehabilitation, aligning with a 'poor' condition score for the living areas.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25100, living area = 1474.
Equestrian Potential: This property is a true horse property, offering a perfect canvas for equestrian dreams with ample room for animals, a horse gate, hitching post, and close proximity to Conejo Creek Equestrian Park.
Large, Flat & Versatile Lot: Boasting over a half-acre flat corner lot, the property provides extensive space for horses, RVs, commercial equipment, or other recreational toys, offering exceptional utility and flexibility.
Recent Exterior Upgrades: Significant recent improvements include a new roof, fresh exterior paint, a refurbished patio portico, cleaned-up grounds, and new landscaping, enhancing curb appeal and reducing immediate exterior maintenance.
Income/Multi-Generational Living Potential: The property features a garage converted into a living space with 2 bedrooms, a full bath, and a kitchen, plus another ADU/living space, offering excellent potential for rental income or multi-generational living.
Desirable Location & Accessibility: Located in the desirable Waverly Heights neighborhood on a prominent corner lot (including ownership of the neighborhood sign), with convenient access to shopping, restaurants, and the 23 freeway.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25100, other record lot size in square feet = 24829.
Extensive Interior Renovation Required: The main 4-bedroom, 3-bath home is described as a 'canvas' ready for a 'full remodel or rebuild,' indicating significant interior investment and effort will be required from the buyer.
Unspecified Legality of Converted Spaces: While offering flexibility, the converted garage and additional living space are not explicitly stated as permitted ADUs, which could lead to compliance issues or require costly legalization.
Older Home Systems: Built in 1958, the property's core systems (e.g., plumbing, electrical, HVAC) are likely original or outdated, and were not mentioned in the recent improvements, potentially necessitating future costly upgrades.

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