NOT LISTED FOR SALE

588 E Carlisle Rd Thousand Oaks, CA 91361

Estimated Value: $1,439,000 - $1,445,473

4.88 Acres
$295,540 Price per Acre
212,573 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $1,275,000

Est. 13% increase in value since last sale

Current estimated payment $8,904/month

127 Days on Market

Highlights

  • Horse Property
  • Westlake Elementary School Rated A
  • Mountain View

About This Lot

As of January 2024

A rare and remarkable opportunity to kickstart construction almost immediately!
This property is nearly ready for the construction of a magnificent single-story pool home on a splendid approx. 5-acre site. Tucked away from the bustling world just behind Westlake Village, yet only 5 minutes from the city center, it resides in a picturesque and majestic rural enclave, across from Sherwood's Carlisle Canyon development and Lake Sherwood Country Club. The building permit for this Caribbean Style custom-designed Carlisle Canyon expanded single-story estate with an open-air floor plan is nearly ready to be issued. All the groundwork has been completed, with the grading permit in the final stage. Finding such a rare gem on Carlisle is a remarkable discovery, and the opportunity to commence construction almost immediately makes this property exceptionally appealing. The single-story home design spans 4,972 square feet, accompanied by over 1,158 square feet of covered outdoor living and entertainment space. The open-concept beach home floor plan fosters a relaxed lifestyle with a spacious great room, a generously sized island kitchen, and inviting dinette areas, perfect for hosting gatherings. Two expansive walls of pocketing glass seamlessly connect to the vast covered lanai, featuring an outdoor kitchen and fireplace. This property is truly unique, boasting charm, ample acreage, privacy, and meticulously landscaped grounds.
Embrace the extraordinary and make your dream oasis a breathtaking reality on this enchanting almost 5-acre canvas of possibilities!

Last Agent to Sell the Property

Team Nicki and Karen

Compass License #01233940 Listed on: 09/14/2023

Compass

Co-Listed By

Sher Toor

Compass License #02077173

Last Buyer's Agent

Higgins Ashton Turner Group

Engel & Voelkers, Westlake Village License #01952753

Engel & Voelkers, Westlake Village

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,088

Lot Details

  • 4.88 Acre Lot
  • Irregular Lot

Property Views

  • Mountain Views

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6950230235

Community Details

Overview

  • Carlisle Road 767 Subdivision

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$15,088

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.88
  • Co List Office Mls Id: CB3218001
  • Co List Office Phone: 805-617-0645
  • Subdivision Name: Carlisle Road-767
  • Property Info:View: Yes
  • View Type:Mountain View: Yes
  • Lot Description:Yard: Yes
  • Property Info:Senior Community2: No
  • Lot Description:Lot Shape-Irregular: Yes
  • Lot Description:Horse Property2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Lot Features: Lot Shape-Irregular
  • View: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • HOAInformationHOA: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 212572.0
  • Parcel #: 6950230235
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 19, 2023
Sold by
Tingus Michael G and Tingus Jaime M
Bought by
Bb Panda 88 Trust and Buenaflor
Seller's Agent
Team Nicki and Karen
Compass
Buyer's Agent
Higgins Ashton Turner Group
Engel & Voelkers, Westlake Village
List Price
$1,499,000
Sold Price
$1,275,000
Premium/Discount to List
-$224,000
-14.94%
Views
63
Current Estimated Value
$1,442,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,237
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 12, 2017
Sold by
The Johnston Family Trust
Bought by
Kempin Paul and Kempin Ellen
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
James Whalen
Compass
List Price
$595,000
Sold Price
$638,000
Premium/Discount to List
$43,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Korpinen Errol V and Korpinen Diane B
Bought by
Johnston Timothy J and Johnston Sandra L

Purchase Details

Closed on
Jul 2, 1999
Sold by
University Of Illinois Foundation
Bought by
Korpinen Errol and Korpinen Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.75%

Purchase Details

Closed on
Jun 3, 1999
Sold by
Borden Gerald H and Borden Ann Mccrea
Bought by
The University Of Illinois Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bb Panda 88 Trust $1,295,000 Lawyers Title
Kempin Paul $638,000 Fidelity National Title
Johnston Timothy J $457,000 Fidelity National Title Co
Korpinen Errol $304,000 American Title Co
The University Of Illinois Foundation -- --
Borden Gerald H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korpinen Errol $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $1,275,000 -1.5% --
11/01/2023 11/01/23 Price Changed $1,295,000 -13.6% --
09/14/2023 09/14/23 For Sale $1,499,000 +9.0% --
03/31/2022 03/31/22 Sold $1,375,000 -5.2% -- View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
08/21/2021 08/21/21 For Sale $1,450,000 +127.3% --
06/28/2017 06/28/17 Sold $638,000 +7.2% -- View Prior Sale
05/30/2017 05/30/17 Pending -- -- --
03/11/2015 03/11/15 For Sale $595,000 -- --
Source: Conejo Simi Moorpark Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,088 $1,459,161 $1,459,161 --
2024 $15,088 $1,430,550 $1,430,550 --
2023 $14,713 $1,402,500 $1,402,500 $0
2022 $7,381 $697,745 $697,745 $0
2021 $7,263 $684,064 $684,064 $0
2020 $7,171 $677,050 $677,050 $0
2019 $6,983 $663,775 $663,775 $0
2018 $6,845 $650,760 $650,760 $0
2017 $6,129 $581,703 $581,703 $0
2016 $6,074 $570,298 $570,298 $0
2015 $5,968 $561,733 $561,733 $0
2014 $5,884 $550,731 $550,731 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 223003741

Conejo Simi Moorpark Association of REALTORS®

APN: 695-0-230-235