Thousand Oaks Neighborhood Guide

Hill Ranch

Built 1988 · 22 townhomes on Hill Ranch Drive

228 Hill Ranch Drive · Listing provided by Paul Coleman, Paul Coleman Broker

Hill Ranch is 22 two-story townhomes built in 1988 on Hill Ranch Drive in Thousand Oaks, off Rancho Road just south of Hillcrest Drive, near Colina Middle School. The units are 1,450 and 1,500 square feet with three bedrooms.

Highlighted area is the approximate footprint of Hill Ranch, 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 gatedHill Ranch is not a gated community.

Homes for sale and recently sold in Hill Ranch

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

Hill Ranch quick facts

Where is Hill Ranch?Thousand Oaks (91362), on Hill Ranch Drive off Rancho Road, just south of Hillcrest Drive. It is inside the City of Thousand Oaks.
When was it built?1988.
Who built it?The builder isn’t confirmed. The MLS lists it as Hill Ranch – 564.
How many homes?22.
How big are the homes?1,450 and 1,500 square feet, two-story, with three bedrooms and two and a half baths.
Townhome or condo?Attached units with shared common areas. Confirm how title is held for the specific unit.
Which schools?Conejo Valley Unified. The closest campuses are Colina Middle School (about 0.3 mile), Glenwood Elementary School (about 1.1 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?3 homes sold in the last two years, from $770,000 to $820,000, with a median of $810,000.

Hill Ranch HOA dues

Is there an HOA?Yes. The current listing shows $550, up from $350 in 2020. Confirm the frequency and what it covers.

The homes

The units

Hill Ranch is a single 1988 complex of 22 two-story, three-bedroom townhomes of 1,450 and 1,500 square feet. The townhomes on Paseo Rancho Serrano next door are a separate, newer complex.

Owning here

Association

Listings show an association fee of $550 on the current listing, up from $350 in 2020. Ask what it covers (roofs, exterior, landscaping and common areas), read the reserve study, and ask about planned assessments.

Schools

Hill Ranch is in the Conejo Valley Unified School District. The closest campuses are Colina Middle School (about 0.3 mile), Glenwood Elementary School (about 1.1 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

Ask the association when roofs and exterior paint were last done, read the reserve study, and ask about planned assessments.

Prices

Hill Ranch 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 4, 2026 at 12:09 am.

$810,000Median sold price
69Avg. days on market
101.3%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 13% of the homes for sale in Hill Ranch are selling each month.

8.0 monthsAbsorption rateBuyer’s market
1For sale now
0Pending / in escrow
3Sold, last 24 months
0.1Sales per month

See the full Hill Ranch market report →

Median sold price and homes sold, by quarter

Hill Ranch median sold price and number of sales by quarter$829K1$806K$784K$761K0Q4 '24 · Homes sold: 1Q4 '24Q1 '25 · Homes sold: 1Q1 '25Q2 '25 · Homes sold: 0Q2 '25Q3 '25 · Homes sold: 0Q3 '25Q4 '25 · Homes sold: 0Q4 '25Q1 '26 · Homes sold: 0Q1 '26Q2 '26 · Homes sold: 0Q2 '26Q3 '26 · Homes sold: 1Q3 '26Q4 '24 · Median sold price: $820KQ1 '25 · Median sold price: $810KQ3 '26 · Median sold price: $770K
Homes soldMedian sold price

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

Hill Ranch days on market and sold-to-list price by quarter103.8%84100.9%5698.1%2895.2%0Q4 '24 · Avg. days on market: 59Q4 '24Q1 '25 · Avg. days on market: 84Q1 '25Q2 '25 · Avg. days on market: 0Q2 '25Q3 '25 · Avg. days on market: 0Q3 '25Q4 '25 · Avg. days on market: 0Q4 '25Q1 '26 · Avg. days on market: 0Q1 '26Q2 '26 · Avg. days on market: 0Q2 '26Q3 '26 · Avg. days on market: 63Q3 '26Q4 '24 · Sold-to-list price: 102.6%Q1 '25 · Sold-to-list price: 101.3%Q3 '26 · Sold-to-list price: 96.4%
Avg. days on marketSold-to-list price

Based on 3 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

3 homes sold in the last two years, from $770,000 to $820,000, with a median of $810,000. The last recorded sales were two units at $550,000 each in mid-2020.



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