Under ContractSingleFamilyResidence

349 Somerset Circle

Thousand Oaks, CA, 91360

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$1,098,000

MLS: 26692993

Beds

5

Baths

3

Sq Ft

2,596

Lot

0.30 ac

Year Built

1962

MLS #

26692993

Days on Market

17

Listed

Apr 24, 2026

Description

Opportunity awaits at 349 Somerset Circle, a spacious 5-bedroom, 3-bathroom home set on an expansive 13,000-square-foot lot in a desirable and walkable neighborhood. With 2,596 square feet of living space, this property offers the ideal canvas for buyers looking to create their dream home or investors seeking a compelling renovation opportunity. Privately positioned and surrounded by mature landscaping, the property provides a rare sense of privacy and tranquility while still being conveniently located near neighborhood amenities. The generous floor plan offers excellent potential for reimagining the interior to suit modern living and personal design preferences. The spacious backyard features a pool and abundant outdoor space, creating endless possibilities for designing a resort-style outdoor retreat or an exceptional entertainment area. Located on a quiet residential street within a safe and walkable community, this property presents a unique chance to unlock significant value in a highly sought-after location. Whether you're looking to renovate, invest, or design a custom residence tailored to your vision, 349 Somerset Circle offers the space, privacy, and potential to make it truly exceptional.

Location

Thousand Oaks, Ventura County, CA 91360

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Listed by: Craig White · Sotheby's International Realty

Payment estimate

$8,108

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $109,800 · Loan: $988,200

%
Principal & Interest
$6,253
Property tax (1.25%)
$1,144
Homeowners insurance
$300
Mortgage insurance
$412
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

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 $38,430 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.

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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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.