New Listing
Open House LogoIn-Person: 10/11 2:00 PM - 5:00 PM
$1,100,000
 $5,905 est/mo Sourced by Back At You

79 N Madrid Avenue,Thousand Oaks, CA 91320

Thousand Oaks, CA 91320

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Description

Discover an exceptional opportunity in the heart of Newbury Park, Thousand Oaks! Offering 5 bedrooms, 3 full bathrooms, approximately 2,088 sq. ft. of living space on a 7,000 sq. ft. lot, this spacious single-story property presents incredible potential as a traditional family residence, multigenerational home, residential income property, or specialized residential care facility (Assisted Living / Residential Care Facility for the Elderly (RCFE)). Previously operated as an assisted living facility, the home features an existing fire sprinkler system, a newer roof replaced less than three years ago, a convenient single-level layout, and multiple bedrooms with sliding glass doors providing direct outdoor access, making it especially appealing for those exploring assisted living, board and care, sober living, independent living, senior housing, memory care, supportive housing, or other residential care opportunities.Inside, a warm and inviting living room welcomes you with laminate flooring and a charming brick fireplace, flowing into a comfortable dining area and a functional kitchen featuring white countertops and abundant cabinetry. Just beyond the dining area, a beautiful sunroom filled with natural light provides the perfect setting for a family room, reading lounge, hobby space, or recreational area. The generously sized primary bedroom features a private bathroom with dual sinks and two closets, including one with mirrored doors, while the additional bedrooms offer comfortable accommodations and closet space.Two additional versatile rooms provide flexibility for offices, TV rooms, activity spaces, or other uses, while the dining area offers potential for conversion into a sixth bedroom, subject to approvals. Outside, nine elegant, mature palm trees create a luxurious tropical atmosphere and enhance the property's curb appeal.With its spacious floor plan, newer roof, existing care-oriented features, and adaptable living spaces, this unique property offers outstanding possibilities for large families, live-in caregivers, co-living arrangements, transitional housing, nonprofit-supported housing, or investors seeking a property with multiple potential uses. A rare opportunity to bring your vision to life in desirable Newbury Park!

Details

MLS #V1-39197
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1966
Days On Site1
Listing Provided ByeXp Realty of California Inc | Jose Luiz Morales

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,088
Garage2
Story(s)1
Acreage0.16
Property ViewNone

Interior

HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesSeparate Formal Dining Room, All Bedrooms Down
Fireplace Yes / NoYes

Exterior

Lot FeaturesBack Yard, Front Yard, Sprinkler System
FencingBlock

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Street Lights, Sidewalks

Area Information

StateCA
CountyVentura
CityThousand Oaks
Zip Code91320
AreaNBPK Newbury Park
Listing VS Median (in 91320)
Price:
$1,100,000
low | high
Med:
$6,098
100% of Average
sqft:
2,088
low | high
Med:
1,849
61.47030651341% of Average
$ / sqft:
$527
low | high
Med:
$3
100% of Average
On site:
1
low | high
Med:
82.5
2% of Average
Sourced by Back At You

Market Activity 91320

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Learn More About This Property

Open House
In-Person
10/11 2:00 PM - 5:00 PM
StateCA
CountyVentura
CityThousand Oaks
Zip Code91320
AreaNBPK Newbury Park
Listing VS Median (in 91320)
Price:
$1,100,000
low | high
Med:
$6,098
100% of Average
sqft:
2,088
low | high
Med:
1,849
61.47030651341% of Average
$ / sqft:
$527
low | high
Med:
$3
100% of Average
On site:
1
low | high
Med:
82.5
2% of Average
Sourced by Back At You
Listing Updated: October 10, 2026 at 2:45:42 AM PDT