Thousand Oaks Neighborhood Guide

Hillcrest Terrace

Built 1979 · 60 condos on Gazania Court off Hillcrest Drive

Listing photo: American Heritage Realty · CSMAR MLS

Hillcrest Terrace is 60 condominium units built in 1979 on Gazania Court in Thousand Oaks, off Hillcrest Drive near Rancho Road and Colina Middle School. Units are about 920 to 1,210 square feet, one to three bedrooms, single-level and two-story.

Highlighted area is the approximate footprint of Hillcrest Terrace, 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 gatedHillcrest Terrace is not a gated community.

Hillcrest Terrace quick facts

Where is Hillcrest Terrace?Thousand Oaks (91362), on Gazania Court off Hillcrest Drive near Rancho Road. It is inside the City of Thousand Oaks.
When was it built?1979.
Who built it?The builder isn’t confirmed. The MLS lists it as Hillcrest Terrace – 570.
How many homes?60.
How big are the homes?About 920 to 1,210 square feet, with one to three bedrooms.
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 (under a quarter 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?4 homes sold in the last two years, from $520,000 to $545,000, with a median of $541,193.

Hillcrest Terrace HOA dues

Is there an HOA?Yes. Listings show about $350; confirm the frequency and what it covers.

The homes

The units

Hillcrest Terrace is one 1979 complex on a single court. Units run from about 920-square-foot one-bedrooms to about 1,210-square-foot two-story two-bedrooms, with a 1,119-square-foot single-level three-bedroom plan.

Owning here

Association

Listings show an association fee of about $350. Ask what it covers (roofs, exterior, landscaping and common areas), read the reserve study, and ask about planned assessments.

Schools

Hillcrest Terrace is in the Conejo Valley Unified School District. The closest campuses are Colina Middle School (under a quarter 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 plumbing were last done, read the reserve study, and ask about planned assessments.

Prices

Hillcrest Terrace 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 2, 2026 at 3:16 pm.

$541,193Median sold price
90Avg. 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 8% of the homes for sale in Hillcrest Terrace are selling each month.

12.0 monthsAbsorption rateBuyer’s market
2For sale now
0Pending / in escrow
4Sold, last 24 months
0.2Sales per month

See the full Hillcrest Terrace market report →

Median sold price and homes sold, by quarter

Hillcrest Terrace median sold price and number of sales by quarter$545K2$540K$536K$531K0Q4 '24 · Homes sold: 0Q4 '24Q1 '25 · Homes sold: 0Q1 '25Q2 '25 · Homes sold: 0Q2 '25Q3 '25 · Homes sold: 2Q3 '25Q4 '25 · Homes sold: 1Q4 '25Q1 '26 · Homes sold: 0Q1 '26Q2 '26 · Homes sold: 0Q2 '26Q3 '26 · Homes sold: 1Q3 '26Q3 '25 · Median sold price: $533KQ4 '25 · Median sold price: $544KQ3 '26 · Median sold price: $539K
Homes soldMedian sold price

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

Hillcrest Terrace days on market and sold-to-list price by quarter100.1%25299.8%16899.5%8499.3%0Q4 '24 · Avg. days on market: 0Q4 '24Q1 '25 · Avg. days on market: 0Q1 '25Q2 '25 · Avg. days on market: 0Q2 '25Q3 '25 · Avg. days on market: 36Q3 '25Q4 '25 · Avg. days on market: 252Q4 '25Q1 '26 · Avg. days on market: 0Q1 '26Q2 '26 · Avg. days on market: 0Q2 '26Q3 '26 · Avg. days on market: 34Q3 '26Q3 '25 · Sold-to-list price: 100.0%Q4 '25 · Sold-to-list price: 99.4%Q3 '26 · Sold-to-list price: 100.0%
Avg. days on marketSold-to-list price

Based on 4 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

4 homes sold in the last two years, from $520,000 to $545,000, with a median of $541,193. In September 2024 a 1,119-square-foot single-level three-bedroom sold for $606,000.



(818) 307-3792 Text