897 Old Farm Road
Thousand Oaks, CA, 91360
$1,335,000
Original list price: $1,476,000
MLS: 226002271
Beds
4
Baths
3
Sq Ft
2,505
Lot
0.52 ac
Year Built
1964
MLS #
226002271
Days on Market
85
Listed
Jun 4, 2026
Description
JUST REPRICED! A rare opportunity to own a gated, single-story ranch home on nearly half an acre in desirable Waverly Heights. Tucked away in the highly sought-after Waverly Heights neighborhood, this rare gated horse-zoned property offers privacy, flexibility, and country-style living in the heart of Thousand Oaks. Set on an expansive approx. 23,000 sq ft flat lot, the ranch-style residence sits elevated above the street and features 4 bedrooms, 2.5 bathrooms, oversized living spaces, and stone flooring throughout. The grounds are truly exceptional, offering endless possibilities for multi-generational living, creative workspaces, hobby use, or future expansion potential. Additional detached structures provide flexible space for a studio, office, gym, workshop, storage, or other uses. Designed for both entertaining and everyday enjoyment, the backyard showcases a sparkling PebbleTec pool, expansive built-in BBQ area with concrete countertops, grassy play areas, mature fruit trees, and abundant outdoor gathering space. The oversized lot also offers gated access and ample room recreational vehicles, toys, or equestrian use. Inside, the home features a spacious primary suite with soaking tub and dual vanities, recessed lighting throughout, a cozy fireplace, wet bar, and an indoor laundry area with washer and dryer included. The kitchen and bathrooms were updated with granite countertops and stone finishes, while a newer HVAC system adds comfort and efficiency. Leased solar helps reduce utility costs. This property has tremendous potential in one of Thousand Oaks' distinctive equestrian neighborhoods. The property presents an outstanding opportunity for a buyer to make additional improvements over time while benefiting from many significant upgrades already completed.Now offered at $1,335,000 -- an exceptional value for a single-story home with a pool on nearly half an acre in Thousand Oaks.
Location
Thousand Oaks, Ventura County, CA 91360
Open on Google Maps ↗Listed by: Nancy Krantz · The ONE Luxury Properties
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
$9,912
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $133,500 · Loan: $1,201,500
Average 30-yr fixed rate 6.66% as of Aug 27, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,721
- Property tax (1.25%)
- $1,391
- Homeowners insurance
- $300
- Mortgage insurance
- $501
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 Aug 27, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 5.98%
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 $46,725 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
See Thousand Oaks, CA 91360 market trends →
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
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