115 Los Padres Drive
Thousand Oaks, CA, 91361
$1,185,000
MLS: 226004287
Beds
3
Baths
3
Sq Ft
2,721
Lot
0.22 ac
Year Built
1979
MLS #
226004287
Days on Market
33
Listed
Sep 12, 2026
Description
Welcome to Carriage Square Estates, a premier and highly sought after neighborhood of Thousand Oaks. With unlimited possibilities, this spacious home is priced below market value and ready for your upgrades and personal touch. Situated on a generous lot, the property offers breathtaking mountain views from the front and a private, tranquil oasis in the backyard, enhanced by a gated pool and spa. A rare entrance courtyard, accessed through secure double doors, creates an extra outdoor space that is perfect for relaxing or entertaining. Enter the home through an additional set of double doors to find a two-story foyer leading to the large formal dining room on one side and a step-down living room with fireplace opposite. The oversized family room is accented by a brick fireplace and wet bar and is flooded with natural light. Both the family room and living room have sliding doors taking you to a private, covered patio area. A large powder bath is conveniently located in the main hallway. The kitchen is mostly original but has a charming breakfast area and lovely views to the outside gardens. The upstairs landing has a dramatic built-in bookcase and storage cabinet. The large primary suite has high ceilings and an adjoining room with wet bar that is perfect as an office, a gym or even a nursery. The impressively sized primary bath is original but has a large counter with dual sinks, a separate shower, tub and dressing area plus a huge walk-in closet. The two additional bedrooms share a hallway bath with dual sinks. One of the secondary bedrooms is enormous! There is an inside laundry room and oversize garage with convenient workshop. This home includes an active wildfire suppression system with sprinklers on the roof peaks and includes an FDC (fire department connection) for the fire department to directly connect their firehose to the house. With no HOA fees, this vibrant community is near scenic hiking and biking trails and the Los Robles Greens Golf Course, yet remains incredibly convenient to shopping, dining and entertainment. Easy freeway access and top rated Conejo Valley Schools. Buyer to verify the possibility of an assumable VA loan.
Location
Thousand Oaks, Ventura County, CA 91361
Open on Google Maps ↗Listed by: Francine Weisbecker · Coldwell Banker Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,363
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $118,500 · Loan: $1,066,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,384
- Property tax (1.25%)
- $1,234
- Homeowners insurance
- $300
- Mortgage insurance
- $444
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Thousand Oaks home with as little as 3.5% down using an FHA loan — roughly $41,475 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Assumable Loan — Lock In a Below-Market Rate＋
This Thousand Oaks property has an assumable mortgage, meaning a qualified buyer can take over the existing loan at its current interest rate — potentially far below today's market rates. Assumable financing can dramatically reduce your monthly payment and total interest cost over the life of the loan compared to qualifying for a new mortgage at prevailing rates. This is a rare and significant financial advantage; ask your agent for the current loan details.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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