508 Horizon Lane
Newbury Park, CA, 91320
$999,999
MLS: 226001558
Beds
3
Baths
2
Sq Ft
1,765
Lot
0.22 ac
Year Built
1987
MLS #
226001558
Days on Market
6
Listed
Apr 7, 2026
Description
Exceptional fixer opportunity tucked away at the end of a peaceful cul-de-sac in a highly sought-after neighborhood. This single-story residence sits on an expansive lot, offering privacy, space, and endless potential.This 3-bedroom, 2-bathroom home is filled with natural light and features fresh interior paint and a newer AC system, creating a bright and comfortable living environment. The well-designed floor plan provides a wonderful foundation, ready to be reimagined and elevated to your personal style and vision.Step outside to a generous backyard that backs to open space, offering a rare sense of serenity and seclusion. Mature fruit trees dot the landscape, and the grounds present a unique opportunity to create a truly exceptional outdoor retreat--whether a lush garden oasis, entertainer's haven, or private sanctuary.With its premier location, large lot, and incredible upside potential, this property is a rare opportunity to craft a refined living experience in one of the area's most desirable settings.
Location
Newbury Park, Ventura County, CA 91320
Open on Google Maps ↗Listed by: Jennie LaPerche · The ONE Luxury Properties
Payment estimate
$7,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $899,999
- Principal & Interest
- $5,530
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Newbury Park home with as little as 3.5% down using an FHA loan — roughly $35,000 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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