Thousand Oaks Neighborhood Guide

Heritage Hills

Built 1974–1977 · about 145 houses on McCrea Road, Avenida Otono and Otono Circle

Listing photo: Coldwell Banker Realty · CSMAR MLS

Heritage Hills is about 145 houses built from 1974 to 1977 in north Thousand Oaks, east of Erbes Road and north of Sunset Hills Boulevard, on McCrea Road, Avenida Otono, Otono Circle, Avenida Montuoso, Calle Riscoso, Quarzo Circle and Avenida Amaranto. The 1974 houses are mostly single-story; the 1977 houses are mostly two-story. Houses are about 1,450 to 3,000 square feet on lots of about 9,000 to 14,000 square feet.

Highlighted area is the approximate footprint of Heritage Hills, drawn from the parcels in Ventura County records and the subdivision named on MLS sales. Labels mark the other Thousand Oaks neighborhoods; click one to open its guide.

Not gatedHeritage Hills is not a gated community.

Homes for sale and recently sold in Heritage Hills

Listings and sales inside the Heritage Hills outline on the map above, from the CSMAR multiple listing service. They update as agents post them.

In escrow in Heritage Hills

Under contract but not yet closed — the closest read on what buyers are paying today.

Nothing in Heritage Hills is in escrow right now.

Sold in Heritage Hills in the last two years

Closed sales inside the neighborhood, newest first.

2334 Otono CircleSold$1,100,000Sold Jul 31, 20262334 Otono Circle
Thousand Oaks, CA 91362
4 bd · 2.5 ba · 2,640 sq ft · built 1977Listing courtesy of Coldwell Banker Realty
2147 Mccrea RoadSold$1,200,000Sold Jul 31, 20262147 Mccrea Road
Thousand Oaks, CA 91362
3 bd · 3 ba · 2,030 sq ft · built 1974Listing courtesy of Coldwell Banker Realty
2225 Calle RiscosoSold$1,439,000Sold May 29, 20262225 Calle Riscoso
Thousand Oaks, CA 91362
5 bd · 2.75 ba · 2,501 sq ft · built 1977Listing courtesy of eXp Realty of California Inc
3542 N Avenida MontuosoSold$1,340,000Sold Apr 23, 20263542 N Avenida Montuoso
Thousand Oaks, CA 91362
4 bd · 2.5 ba · 2,674 sq ft · built 1977Listing courtesy of Equity Union Real Estate
2225 Calle RiscosoSold$1,000,000Sold Oct 28, 20252225 Calle Riscoso
Thousand Oaks, CA 91362
4 bd · 2.75 ba · 2,501 sq ft · built 1977Listing courtesy of eXp Realty of California Inc
3563 Quarzo CircleSold$1,070,000Sold Jul 24, 20253563 Quarzo Circle
Thousand Oaks, CA 91362
3 bd · 2 ba · 1,502 sq ft · built 1974Listing courtesy of Jill Mitchell, EA
2343 Avenida OtonoSold$1,350,000Sold Jul 11, 20252343 Avenida Otono
Thousand Oaks, CA 91362
4 bd · 2 ba · 1,956 sq ft · built 1974Listing courtesy of Pinnacle Estate Properties, Inc.
2328 Otono CircleSold$1,700,000Sold Jun 18, 20252328 Otono Circle
Thousand Oaks, CA 91362
5 bd · 2.5 ba · 2,970 sq ft · built 1977Listing courtesy of Keller Williams Westlake Village
3525 Avenida MontuosoSold$1,800,000Sold May 29, 20253525 Avenida Montuoso
Thousand Oaks, CA 91362
5 bd · 2.5 ba · 2,924 sq ft · built 1977Listing courtesy of Real Brokerage Technologies
3563 Quarzo CircleSold$835,000Sold Dec 6, 20243563 Quarzo Circle
Thousand Oaks, CA 91362
3 bd · 2 ba · 1,502 sq ft · built 1974Listing courtesy of Jill Mitchell, EA
2430 Avenida OtonoSold$1,065,000Sold Nov 26, 20242430 Avenida Otono
Thousand Oaks, CA 91362
4 bd · 2 ba · 1,588 sq ft · built 1974Listing courtesy of Pinnacle Estate Properties, Inc.
2355 Avenida OtonoSold$1,400,000Sold Nov 7, 20242355 Avenida Otono
Thousand Oaks, CA 91362
3 bd · 2.5 ba · 2,770 sq ft · built 1974Listing courtesy of Sotheby's International Realty

Heritage Hills quick facts

Where is Heritage Hills?North Thousand Oaks (91362), east of Erbes Road and north of Sunset Hills Boulevard. Streets are McCrea Road, Avenida Otono, Otono Circle, Avenida Montuoso, Calle Riscoso, Quarzo Circle and Avenida Amaranto. It is inside the City of Thousand Oaks.
When was it built?1974 to 1977, on one county tract map.
Who built it?The builder isn’t confirmed. The MLS lists it as Heritage Hills – 538.
How many homes?About 145.
How big are the homes?About 1,450 to 4,000 square feet. The 1974 single-story plans are about 1,590 to 2,770 square feet; the 1977 two-story plans are about 2,500 to 2,970.
How big are the lots?About 9,000 to 14,000 square feet for most. A few run past 19,000.
Which schools?Conejo Valley Unified. The closest campuses are Lang Ranch Elementary School (about 0.6 mile), Los Cerritos Middle School (about 1.4 miles) and Thousand Oaks High School (about 2.2 miles). Attendance is set by address, so confirm with the district.
What are homes selling for?12 homes sold in the last two years, from $835,000 to $1,800,000, with a median of $1,270,000.

Heritage Hills HOA dues

Is there an HOA?No association fee shows on sales. City of Thousand Oaks rules govern changes.

The homes

The plans

Heritage Hills went up in two phases on one tract map. The 1974 houses, mostly on Avenida Otono and McCrea Road, are single-story, about 1,590 to 2,770 square feet. The 1977 houses, on Otono Circle, Avenida Montuoso and part of McCrea Road, are mostly two-story four- and five-bedrooms of about 2,500 to 2,970 square feet.

Owning here

No association

No association fee shows on sales. City of Thousand Oaks rules govern changes, including second units.

Schools

Heritage Hills is in the Conejo Valley Unified School District. The closest campuses are Lang Ranch Elementary School (about 0.6 mile), Los Cerritos Middle School (about 1.4 miles) and Thousand Oaks High School (about 2.2 miles). Attendance is set by address, so confirm the assignment with the district.

What to check

The houses are 49 to 52 years old. Check the sewer line, the electrical panel, original windows, and permits for additions. On sloped lots, check drainage and retaining walls.

Prices

Heritage Hills market at a glance

Homes, townhomes and condos (no rentals) from the MLS. These numbers refresh every night as listings go active, pending or sold. Last updated Nov 3, 2026 at 5:08 am.

$1,270,000Median sold price
51Avg. days on market
100.0%Sold-to-list price
i

Absorption rate shows how fast homes are selling. It takes the homes for sale today and divides them by the number of homes that sold per month over the last 24 months.

The answer is how many months it would take to sell every home on the market if no new listings came up. Under about 3 months usually means a seller’s market, 3 to 6 months is balanced, and over 6 months favors buyers.

Right now about 50% of the homes for sale in Heritage Hills are selling each month.

2.0 monthsAbsorption rateSeller’s market
1For sale now
0Pending / in escrow
12Sold, last 24 months
0.5Sales per month

See the full Heritage Hills market report →

Median sold price and homes sold, by quarter

Heritage Hills median sold price and number of sales by quarter$1.89M3$1.55M2$1.21M1$865K0Q4 '24 · Homes sold: 3Q4 '24Q1 '25 · Homes sold: 0Q1 '25Q2 '25 · Homes sold: 2Q2 '25Q3 '25 · Homes sold: 2Q3 '25Q4 '25 · Homes sold: 1Q4 '25Q1 '26 · Homes sold: 0Q1 '26Q2 '26 · Homes sold: 2Q2 '26Q3 '26 · Homes sold: 2Q3 '26Q4 '24 · Median sold price: $1.07MQ2 '25 · Median sold price: $1.75MQ3 '25 · Median sold price: $1.21MQ4 '25 · Median sold price: $1MQ2 '26 · Median sold price: $1.39MQ3 '26 · Median sold price: $1.15M
Homes soldMedian sold price

Days on market and sold-to-list price, by quarter

Heritage Hills days on market and sold-to-list price by quarter105.8%70100.2%4694.7%2389.1%0Q4 '24 · Avg. days on market: 36Q4 '24Q1 '25 · Avg. days on market: 0Q1 '25Q2 '25 · Avg. days on market: 70Q2 '25Q3 '25 · Avg. days on market: 59Q3 '25Q4 '25 · Avg. days on market: 67Q4 '25Q1 '26 · Avg. days on market: 0Q1 '26Q2 '26 · Avg. days on market: 53Q2 '26Q3 '26 · Avg. days on market: 35Q3 '26Q4 '24 · Sold-to-list price: 96.0%Q2 '25 · Sold-to-list price: 97.9%Q3 '25 · Sold-to-list price: 102.2%Q4 '25 · Sold-to-list price: 91.3%Q2 '26 · Sold-to-list price: 103.6%Q3 '26 · Sold-to-list price: 100.2%
Avg. days on marketSold-to-list price

Based on 12 sales in the last 24 months (fewer than 6 sold in the last 12, so two years are used). Charts cover the last 8 full quarters. Source: CSMAR MLS and its data-share MLSs. Information deemed reliable but not guaranteed.

Recent sales

12 homes sold in the last two years, from $835,000 to $1,800,000, with a median of $1,270,000. Single-story houses sold for $1,065,000 (1,588 square feet), $1,200,000 (2,030), $1,350,000 (1,956) and $1,400,000 (2,770). The median was $1,345,000.



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