Braemar Townhomes was built from 1986 to 1992 as the attached half of the Braemar development at the east end of North Ranch, when the community was adding the townhome tracts — Kensington Park, Meadow Oaks, Braemar — that gave it an entry price below its detached streets. It is gated, and the MLS carries the homes as townhouses and condominiums interchangeably.

The developer is not confirmed in any source Gary Jacobs has been able to verify. What the record shows is a community of about 225 homes of 1,645 to 2,492 square feet, two and three bedrooms, every recorded sale two level, with the gate, a greenbelt and maintained landscaping carried as the amenities and dues that listings report at $465 to $771 a month.

The record sorts into three plans. A 1,645-square-foot three-bedroom, the smallest, which sold for $699,900 on Tanner Ridge Avenue in October 2020 at the bottom of the record. A 2,057-square-foot plan, two or three bedrooms, the most common. And a 2,372- to 2,492-square-foot three-bedroom, the largest, which holds the top of the record: $1,468,350 on Westview Court in May 2022 and $1,274,000 on Cherry Creek Circle in May 2025. Twenty-two of the twenty-six sales are three-bedroom homes; four are two-bedroom.

No plan sheet for Braemar Townhomes 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 1,645 to 2,492 square feet, median 2,057, with three bedrooms in 22 of the 26, two in four, and every recorded sale is two story.

Ten streets inside the gates: Tanner Ridge Avenue carries five of the twenty-six sales, Sunstone Street four, Blue Mountain Circle, Cherry Creek Circle and Cedarcliff Court three each, and Westview Court, Roundtree Place, Riverrock Circle, Shadow Canyon Place and Ridgeway Court the rest. Position inside the gates — end unit or interior, greenbelt or street, hillside or flat — is what separates otherwise identical plans, and the record prices it.

The first reason is the entry: a gated North Ranch address, the Conejo Valley district and Westlake High from about $700,000 at the bottom of the record. The second is choice: with twenty-six sales in six years there is usually something for sale, and three plans to choose between. The third is the gate and the grounds at a fee below the newer townhome tracts. The fourth is liquidity: the community that sells the most is also the easiest to sell in.

Listings report the fee at $465–$771 a month, most recently $654 to $771 on 2026 sales. The fee carries the gates, the buildings’ exteriors and roofs, the grounds, the greenbelt and the common landscaping, and an architectural review; which of the insurance, water and trash are included, and whether the association carries earthquake cover, is what the disclosure package answers.

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 North Ranch Center at Kanan Road and Lindero Canyon Road is a few minutes down the road, and the Oak Park shops at Kanan Road are about as close. 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 eight 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 June 2026, 14 homes in the tract sold through the MLS, at prices from $922,000 to $1,274,000 and a median of $1,029,250. Over the longer record since August 2020, 26 sales ran from $699,900 to $1,468,350 with a median of $995,000. The top of the record is $1,468,350 on Westview Court in May 2022 for a 2,474-square-foot three-bedroom; $1,274,000 on Cherry Creek Circle in May 2025 for a 2,372-square-foot three-bedroom. The bottom is $750,000 on Blue Mountain Circle in November 2020; $699,900 on Tanner Ridge Avenue in October 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 Braemar Townhomes; 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 1986 to 1992, 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. In attached communities add the association questions: who owns the roof, the exterior walls and the plumbing inside them, when the buildings were last repiped or reroofed, and whether the reserves are funded for the next round. Ask the association for the roof and plumbing history in writing.

In attached communities the remodel that pays is inside the walls: the kitchen opened to the living room, the baths, the floors, the windows where the association allows, and a laundry brought into the unit. What does not pay is anything the association will not approve or that the next buyer cannot see from the listing photos. Check the rules before the plans.

The comparison is the other attached communities of North Ranch. Kensington Park, 1990 to 1996 next door, is 1,948- to 2,579-square-foot gated townhomes at a median of $1,200,000 with dues of $564 to $654 a month. Meadow Oaks, 1987 on Starwood Court, is 2,000- to 2,145-square-foot gated townhomes at a median of $1,025,000. Clubview, 1981 on the fairway, is 1,804- to 2,267-square-foot townhomes at a median of $1,049,000 with dues of $600 to $820 a month. Fairgreen, 1983 and 1984 beside the club, is 2,119- to 2,572-square-foot townhomes at a median of $1,480,000. Braemar Townhomes has the widest range of plans and prices and the most inventory.

Start with the association package, because at this price the dues are the largest variable: the fee for the unit, what it covers, the reserve study, the insurance certificate and the minutes. Then the plan: the 2,372- to 2,492-square-foot three-bedroom holds the top of the record and the 1,645-square-foot plan the bottom. Then the position inside the gates. Then the unit, with the inspector briefed on the late 1980s and asked about polybutylene supply lines by name.

First-time North Ranch buyers first, for whom the townhomes are the way in. Downsizers second, from the detached tracts, for a smaller place behind a gate in the same community. Investors third, for the tenant pool the schools create, subject to the association’s leasing rules.

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 — $1,468,350 — 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.