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$249,900

500 E Hillcrest

Thousand Oaks, CA 91360

Active

Ventura

County

Land

Property Type

About this home

A rare infill opportunity on E Hillcrest Drive. This is a ±4,000 sq. ft. residential lot in the heart of Thousand Oaks, priced well below what the land appraises for. Zoning is RPD-6.3U-SFD, which allows a custom single-family residence up to three stories. Entitlement is in process and nearing completion, meaning the hard part is already underway for whoever takes it over. A recent Broker Price Opinion (BPO) puts the land at $400,000 as-is and $500,000 with entitlement finalized. The seller is motivated and will consider a short sale at a minimum of $290,000 cash offer and a quick close. The spread speaks for itself. The location puts you next to established neighborhoods, medical offices, retail, restaurants, and parks, with quick access to the 101 and other major routes. Build to hold, build to sell, or land bank it while entitlement wraps. Buyer to verify zoning, entitlement status, buildability, and utility availability with the City of Thousand Oaks.

Listed by Christopher Wall · DRE #02226116 · First Team Real Estate

MLS #1176989681

ListedJul 13, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking TotalN/A

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.10 ac

Lot FeaturesSloped Down, Gentle Sloping, Irregular Lot, Value In Land

ViewNone

DirectionsFrom US-101, take the Moorpark Rd exit north. Turn right on E Hillcrest Dr. Continue east on E Hillcrest Dr to the vacant lot at 500 E Hillcrest Dr. Property is located along E Hillcrest Dr.

Community

AreaTOE - Thousand Oaks East

School DistrictN/A

Tax & Financial

TermsCash, Cash To Existing Loan, Cash To New Loan, Conventional, Contract, Court Approval, Cal Vet Loan, Exchange1031, Fha203b, Fha203k, FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Back

Land LeaseNo

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$1,330/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 5:00 PM

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