579 Rio Grande Circle, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 3 bed, 2 bath

579 Rio Grande Circle, Thousand Oaks, California 91360 home-pic-0
ACTIVE UNDER CONTRACT$560,000
579 Rio Grande Circle, Thousand Oaks, California 91360
3Beds
2Baths
1,185Sqft
3,049Lot
Year Built
1972
Close
-
List price
$560K
Original List price
$560K
Price/Sqft
$473
HOA
$482
Days on market
-
Sold On
-
MLS number
225005649
Home ConditionGood
Features
Good View: Park/Greenbelt, Peek-A-Boo, Trees/Woods
Patio
ViewPark/Greenbelt, Peek-A-Boo, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $560.0K(17th), sqft - 1185(33th), beds - 3(50th), baths - 2(50th).

Accepting Back up offersThis is a the perfect opportunity to call this beautifully upgraded 3 bed 2 bath home in the Wildwood neighborhood. This home opens up to a spacious living room and large window overlooking the greenery. Downstairs has a powder room with modern upgrades and fixtures. The kitchen has granite countertops, plenty of cabinet storage and a desirable kitchen island. Conveniently off the kitchen is a walk in pantry and laundry room. The flexible layout offers so many options. Upstairs is an expansive primary bedroom with a ceiling fan, room for a desk or sitting area, double closet and a view of treetops. The updated full bathroom has a marble vanity and dual access to the hallway. The other two bedrooms are nicely sized for bedrooms or an office. When you step outside of the dual paned Milgard slider onto your private patio, there is room for an outdoor couch, BBQ, grass area, and more! The community offers a heated pool conveniently located across the street. No conventional, FHA or VA loans. Fire insurance for 2026 does not cover full replacement; coverage revisited annually. Sellers willing to offer a credit towards closing costs or rate buy down subject to terms of offer.

Nearby schools

7/10
Wildwood Elementary School
Public,K-50.2mi
6/10
Redwood Middle School
Public,6-81.4mi
7/10
Thousand Oaks High School
Public,9-121.3mi

Price History

Date
Event
Price
11/14/25
Listing
$560,000
10/05/23
Sold
$590,000
08/17/05
Sold
$410,000
03/26/02
Sold
$220,000
07/06/00
Sold
$180,500
Condition Rating
Good

The property, built in 1972, has undergone extensive and tasteful renovations, making it move-in ready. The kitchen features modern stainless steel appliances, granite countertops, and dark wood shaker-style cabinets with an island, all appearing in good condition. Both bathrooms have been updated with modern vanities, fixtures, and lighting, including a marble vanity in the main bath and a contemporary powder room. Updated wood laminate/engineered wood flooring is present throughout. While the original build year is older, the significant upgrades to key areas like the kitchen and bathrooms, along with dual-pane windows, align with a property extensively renovated within the last 5-15 years, showing minimal wear and tear.
Pros & Cons

Pros

Extensive Interior Upgrades: The home boasts significant modern upgrades, including a powder room with contemporary fixtures, a kitchen with granite countertops and a desirable island, an updated bathroom with a marble vanity, and energy-efficient dual-pane Milgard sliders.
Private Outdoor Space & Views: Features a private patio with ample room for outdoor living and entertaining, complemented by pleasant views of greenery, treetops, and a park/greenbelt.
Functional & Spacious Layout: Offers a spacious living room, a flexible floor plan, a convenient walk-in pantry and laundry room, and an expansive primary bedroom with a ceiling fan, sitting area potential, and double closets.
Community Pool Access: Residents benefit from convenient access to a heated community pool located directly across the street, enhancing recreational opportunities.
Proximity to Top-Rated Elementary School: Located exceptionally close (0.15 miles) to Wildwood Elementary School, which holds a rating of 7, making it highly appealing for families with young children.

Cons

Significant Financing Restrictions: The property is explicitly stated as not eligible for conventional, FHA, or VA loans, which severely limits the pool of potential buyers and requires specialized financing.
Inadequate Fire Insurance Coverage: The current fire insurance for 2026 does not cover full replacement value, posing a substantial financial risk to the buyer and potentially complicating future insurance arrangements.
High HOA Fee for Age: A monthly association fee of $482 is considerable, particularly for a 1972-built townhouse, which may suggest higher ongoing costs or potential for future special assessments.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state