Crescent Oaks was built in 1988 and 1989, in the second wave of North Ranch, on the hillside above Lindero Canyon Road where the community’s later tracts — Whitehawk, Braemar, Kensington Park — went in at the same time. The streets carry the North Ranch naming of the period, Misty Creek and Grey Feather and Crooked Trail, and the tract backs onto the open space with the hiking trails carried in listings as an amenity.

The developer is not confirmed in any source Gary Jacobs has been able to verify. What the record shows is a tract of about 67 houses built around one plan of 3,330 square feet, four or five bedrooms, on lots of 10,700 to 24,500 square feet, with a greenbelt and the trails carried as the amenities and a fee that listings report at $100 to $120 a quarter.

The record is one plan with variations: a two-story house of 3,330 square feet, five bedrooms in seven of the nine sales and four in two, with a smaller 2,839-square-foot version appearing once. The top of the record is the same address on Misty Creek Road sold twice in 2024, $2,775,000 in July and $2,900,000 in September, on a 21,531-square-foot lot; the bottom is $1,800,000 on Grey Feather Court in November 2020 and $2,120,000 on Partridge Court in October 2024, both the 3,330-square-foot plan on smaller lots. None of the nine is single story.

No plan sheet for Crescent Oaks is in the Conejo Simi Moorpark Association of Realtors archive that this guide series draws on, so there is no drawing to reproduce. The sale record shows homes of 2,839 to 3,330 square feet, median 3,330, with five bedrooms in seven of the nine, four in two, and every recorded sale is two story.

Misty Creek Road is the spine, with Grey Feather Court, Crooked Trail Place, Stone Mountain Lane and Partridge Court off it. Grey Feather Court carries three of the nine sales, Misty Creek Road and Crooked Trail Place two each. The lots run from about 10,700 to 24,500 square feet, median about 15,700, and with one plan on every lot the lot and the view are what separate a $2,100,000 sale from a $2,900,000 one.

The first reason is the plan: 3,330 square feet with five bedrooms is a full family house, and every lot has one. The second is the fee, about $120 a quarter, as low as North Ranch gets. The third is the hillside, with the trails behind and the view lots at the top of the record. The fourth is predictability: with one plan the comparables are exact, which protects a buyer at the offer and a seller at the appraisal.

2026 sales show the fee at $120 a quarter (about $40 a month); listings since 2020 have reported $100–$120 a quarter. The fee carries the greenbelt and the common landscaping, and an architectural review of exteriors.

What the association covers and what the CC&Rs restrict is not confirmed in any source Gary Jacobs has been able to verify. Take the budget, the reserve study, the insurance certificate and the CC&Rs from the seller’s disclosure package, read the minutes for any special assessment or litigation, and confirm the current fee with the manager before removing a contingency.

North Ranch is inside the City of Thousand Oaks and the Conejo Valley Unified district: Westlake Hills Elementary, Colina Middle School and Westlake High School are the assignments listings give for these streets. Confirm the exact address with the district locator, since the elementary boundary is not the tract boundary.

The open-space trails begin behind the tract, and the North Ranch Center at Kanan Road and Lindero Canyon Road is a few minutes down the hill for groceries and errands. North Ranch is the country-club side of Westlake Village: the North Ranch Country Club and its courses in the middle, the North Ranch Center shopping at Kanan Road and Lindero Canyon Road for groceries, coffee and errands, the open-space trails up the hillsides behind the tracts, and the lake, the Landing and the Westlake Village Inn ten minutes down Westlake Boulevard or Lindero Canyon Road. The Ventura Freeway is ten minutes from most streets by either road, and the drive to the Westside is the same forty minutes to ninety it is from anywhere in the Conejo Valley.

Lindero Canyon Road runs south to the Ventura Freeway in about ten minutes. Errands are at the North Ranch Center or in Oak Park; the Westside is forty minutes on a good day and ninety on a bad one.

The figures in this section were current when this guide was last reviewed. The sale record in the facts above and the listings below are drawn live from the MLS each time the page loads.

In the two years through August 2026, 5 homes in the tract sold through the MLS, at prices from $2,120,000 to $2,900,000 and a median of $2,675,000. The top of the record is $2,900,000 on Misty Creek Road in September 2024 for a 3,330-square-foot five-bedroom; $2,775,000 on Misty Creek Road in July 2024 for a 3,330-square-foot five-bedroom. The bottom is $2,120,000 on Partridge Court in October 2024; $1,800,000 on Grey Feather Court in November 2020.

The shape of the six years is the same as the rest of the Conejo Valley: sharp appreciation from 2020 into 2022 and a band since, with the premium inside the band going to the plan, the lot, the view and the renovation. A record this short should be read as a range rather than a trend; Gary Jacobs keeps the full sale-by-sale history and can say where a given house sits in it.

No lease is recorded in the MLS sources this guide draws on, so it does not quote a rent for Crescent Oaks; a current figure should come from the leasing agents who work these streets. Each association’s leasing rules — minimum terms, caps, pet rules — should be read before buying as an investment.

These homes date from 1988 to 1989, and the inspection carries the 1980s list: original furnaces and condensers at end of life, tile-roof underlayment nearing the end of its span, failed dual-pane seals, and for 1985 to 1989 the possibility of polybutylene supply lines, which a plumber should be asked about by name. Slope lots add drainage and retaining-wall questions that a general inspector will flag but a geotechnical engineer should answer; pools of this age often have original equipment and plaster. None of this is unusual; all of it is negotiable if it is found before the contingency comes off rather than after.

In a tract of this era the remodels that return their cost are the ones that bring a 1980s plan to the way people live now: the kitchen opened to the family room, the primary bath and closet, the floors and the glass, and, on the right lot, the pool. What does not return its cost is the addition that pushes the house past what the street will support; the record shows the top sales are renovated versions of the original plans on the better lots, not the biggest houses.

The comparison is the late-1980s tracts at this end of North Ranch. Whitehawk, 1988 and 1989 next door, is 3,615- to 6,604-square-foot houses on half an acre at a median of $2,750,000 with the same fee. Braemar, the same years down the hill, is 2,137- to 3,560-square-foot houses on smaller lots at a median of $1,650,000, with single-story plans. North Ranch Custom, the individually built houses on the older streets, trades at a median of $3,000,000 across a much wider range. Crescent Oaks sits between Braemar and Whitehawk, and its consistency is its virtue: every sale is a known quantity.

Start with the lot, because it is the variable: size, slope, view and whether it backs onto the open space. Then the renovation, since every house began as the same 1988 plan and the top sales are the finished ones. Then the house, with the inspector briefed on 1988 and 1989 and asked about polybutylene supply lines by name, and a geotechnical engineer on any slope. Then the association package, small as it is, for the fee and the architectural rules.

Families first, for the five-bedroom plan at a price below Whitehawk and the custom streets. Buyers relocating second, for whom a consistent late-1980s tract in the Conejo Valley district is easy to understand from a distance. Owners moving up from Braemar and the townhome tracts third.

For a buyer, read the plan off the square footage and the level, take the association package from the disclosures before the inspection, and brief the inspector for the 1980s. Pull the permit history of any addition, pool or converted garage from the county. Confirm the school assignment for the exact address.

For a seller, the comparable is the same plan, and the top of the record — $2,900,000 — is the renovated house on the better lot. Price to the record for the plan, say the association fee and the school assignment in the first lines of the listing, and let the condition argue for the top of the band.