685 Shadow Lake Drive, Thousand Oaks, California 91360, Thousand Oaks, - bed, bath

home-pic
ACTIVE$650,000
685 Shadow Lake Drive, Thousand Oaks, California 91360
2Beds
3Baths
1,950Sqft
2,178Lot
Year Built
1978
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
-
HOA
$435
Days on market
-
Sold On
-
MLS number
225002881
Home ConditionFair
Features
View-

About this home

Investor's Dream Opportunity!Unlock the full potential of this unique property--bring your imagination and transform this home to match your vision. Priced to sell, it's the lowest-priced home in the area!A spacious, expanded entryway welcomes you into a dramatic floor plan featuring soaring ceilings and distinctive circular architectural elements, including a striking spiral staircase. The open layout offers a circular breakfast bar, eat-in kitchen, and a convenient laundry room with direct access to a 2-car attached garage.Enjoy enhanced privacy with bedrooms thoughtfully placed apart, and the versatile loft can easily be enclosed to create a third bedroom or office space.The possibilities are endless--don't miss out on this one-of-a-kind opportunity! This home is a fixer and price is reflected in the condition.Very convenient location; close proximity to Freeway, Schools, Hospital, Shopping, Park, Place of Worship, and Public​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ Transportation.

Nearby schools

5/10
Acacia Elementary School
Public,K-51.2mi
6/10
Redwood Middle School
Public,6-80.9mi
7/10
Thousand Oaks High School
Public,9-122.1mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (11 Listings)
Beds23
42%
Baths32
58%
Square foot1,9501,661
83%
Lot Size2,1783,049
33%
Price$650K$783K
17%
Price per square foot$333$486.5
8%
Built year19789890990
50%
HOA$435$453
50%
Days on market131183
17%
Condition Rating
Fair

The property was built in 1978 and the listing description indicates it's a 'fixer' and priced accordingly. The images show outdated features, particularly the kitchen and bathrooms, and the spiral staircase with carpet is also dated. While the structure appears sound, updates are needed throughout. Therefore, a 'fair' rating is appropriate.
Pros & Cons

Pros

Price Point: Lowest-priced home in the area, presenting an attractive entry point for buyers.
Location: Conveniently located near freeway, schools, hospital, shopping, park, place of worship, and public transportation.
Unique Architectural Features: Features soaring ceilings, a spiral staircase, and circular architectural elements, offering a distinctive aesthetic.
Potential for Customization: Offered as a 'fixer,' allowing buyers to customize the property to their specific tastes and needs.
Spacious Layout: Features a spacious, expanded entryway and an open layout with a versatile loft that can be converted into a third bedroom or office.

Cons

Condition: Property is a 'fixer' and requires significant renovations, potentially incurring substantial costs.
As-Is Sale: Sold in 'as-is' condition, meaning buyers are responsible for all existing issues and repairs.
Association Fees: Monthly association fees of $435.00 add to the overall cost of ownership.

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