Oak Park is an unincorporated community of Ventura County, and it was built out as a sequence of tracts from the late 1960s to the early 2000s under the county’s planning. Metropolitan Development Corporation bought the ranch land in the 1960s and the first houses went up on the valley floor in the late 1960s; the Municipal Advisory Council formed in 1975 and persuaded the county to cut the planned build-out from 26,000 residents to about 15,000, and the community seceded from Simi Valley Unified to form its own school district in 1977. The tracts of the 1980s and 1990s filled the slopes on either side of Kanan Road, and the last of them, above Deerhill Road, were finished in 2002.

Monaco was built from 1989 to 1992 on the west side of Kanan Road beside the school and the park, one of the three Italian-named tracts with Monte Carlo and Capri that filled that side of the community in the early 1990s. The county records show about 78 parcels inside the outline; a secondary source counts about 146, which the parcel count suggests includes ground outside this guide’s outline. The MLS files the sales as Monaco; the developer is not named in any source Gary Jacobs has been able to verify.

The sale record shows a 1,694-square-foot three-bedroom, a 2,038-square-foot four-bedroom and a 2,387-square-foot four-bedroom, all two story, in the stucco-and-barrel-tile style a secondary source describes; the same source notes a plan with a downstairs primary bedroom. The top is $1,810,000 on Carthage Way in September 2025 for the 2,387 on a 15,600-square-foot lot, $1,420,000 on Savona Way in February 2026 and $1,295,000 on Savona Way in March 2026 for the same plan on standard lots. The bottom is $852,000 on Savona Way in June 2020 for the 2,038, $855,000 on Savona Way in December 2020 for the 1,694 and $915,000 on Pesaro Street in October 2020. Seven of the nine sales are four-bedrooms and two are three-bedrooms.

No plan sheet for Monaco 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 1,694 to 2,387 square feet, median 2,038, with four bedrooms in seven of the nine, three in two, and every recorded sale is two story.

Savona Way carries five of the nine sales, with Pesaro Street, Carthage Way and Wiggin Street the rest. The lots run about 4,900 to 15,600 square feet, median about 5,700, and the one large lot in the record on Carthage Way priced $400,000 above the same plan on a standard lot. Red Oak Elementary and Indian Springs Park are at the edge of the tract, and a secondary source notes the Kanan Road shuttle to Medea Creek Middle School.

The first reason is the school at the end of the street, with the park beside it. The second is the absence of a fee and of an architectural committee. The third is the house, an early-1990s plan with high ceilings and an open kitchen. The fourth is the odd large lot, for the buyer who finds one.

No association fee appears in any of the nine recorded sales, and two secondary sources agree that Monaco has no homeowners association.

No association fee appears in the recorded sales, which means the constraint on an owner is the city and county permit process rather than an architectural committee. Confirm with the title report that no association or CC&Rs attach to the specific parcel.

Oak Park is its own school district, Oak Park Unified, a small independent K–12 district formed in 1977 and one of the main reasons buyers choose the community. The district publishes an elementary boundary street list, and every street in this tract’s sale record — Savona Way, Pesaro Street, Carthage Way and Wiggin Street — is assigned to Red Oak Elementary. The district has one middle school, Medea Creek, and one high school, Oak Park High, so there is no boundary question above fifth grade. The street list this guide relies on is dated 2017; confirm the current assignment with the district office before relying on it.

Red Oak Elementary and Indian Springs Park, with its ball fields, tennis and basketball courts and playground, are at the edge of the tract, and the Oak Park Plaza is at the bottom of Kanan Road. Oak Park runs on its parks, its trails and its one shopping center: the Oak Park Plaza at Kanan Road and Lindero Canyon Road for the supermarket, the pharmacy and the everyday errands, Oak Canyon Community Park with the duck pond and the splash pad, Deerhill Park and Medea Creek Park for youth sports, the Medea Creek trail down the middle of the community, and the Palo Comado and Cheeseboro trailheads into the Santa Monica Mountains National Recreation Area. Everything else is in Agoura Hills or Westlake Village, five to ten minutes away, and the Ventura Freeway is reached down Kanan Road to the Kanan interchange or down Lindero Canyon Road to the Lindero interchange.

Oak Park has no freeway of its own. Kanan Road runs south to the Ventura Freeway at Agoura Hills in about eight to twelve minutes from most streets, and Lindero Canyon Road runs south to the Lindero Canyon interchange in Westlake Village; the north-side tracts add a few minutes to either. Errands are at the Oak Park Plaza on Kanan Road or in Agoura Hills and Westlake Village; the Westside is forty-five minutes on a good day and ninety on a bad one, and a buyer who commutes should time it at 7:30 in the morning before deciding.

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 March 2026, 4 homes in the tract sold through the MLS, at prices from $1,175,000 to $1,810,000 and a median of $1,357,500. Over the longer record, nine sales from June 2020 through March 2026 ran from $852,000 to $1,810,000 with a median of $1,175,000. The top of the record is $1,810,000 on Carthage Way in September 2025 for a 2,387-square-foot four-bedroom; $1,420,000 on Savona Way in February 2026 for a 2,387-square-foot four-bedroom; $1,295,000 on Savona Way in March 2026 for a 2,387-square-foot four-bedroom. The bottom is $852,000 on Savona Way in June 2020; $855,000 on Savona Way in December 2020; $915,000 on Pesaro Street in October 2020.

Nine sales in six years from $852,000 to $1,810,000 is one band that has moved and one lot that broke it: $852,000 to $915,000 in 2020, $1,295,000 to $1,420,000 for the 2,387-square-foot plan on standard lots in 2026, and $1,810,000 for the same plan on a 15,600-square-foot lot in 2025. 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 Monaco; a current figure should come from the leasing agents who work these streets. A detached house in this district at this size is a scarce rental, and the tenants it draws are families relocating for the schools who want a year or two to buy.

These homes date from 1989 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. 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 tracts around the school. Monte Carlo next door, 1993 to 1994, is 1,581- to 2,358-square-foot houses with a fee under $100 a month at a median of $1,250,000, and it has a single-story plan. Bent Tree, 1987 to 1988 without a fee, is 1,950- to 2,815-square-foot houses at $1,400,000. Montego, 1990 to 1993, is smaller lots at $1,166,500. Monaco is the smallest of the four tracts, with no fee and no single story, and it walks to the school.

Start with the lot, because one in the record is three times the size of the others and priced accordingly. Then the street: the school-side lots hear the school day. Then the house, briefed for 1989 to 1992, with a plumber asked by name about polybutylene supply lines. Then the title report, to confirm that no association or CC&Rs attach to the parcel. A buyer who needs a single story should look at Monte Carlo or Bent Tree.

Families with children at Red Oak first. Buyers who want no association second. Empty nesters third, for the plan with the downstairs primary bedroom.

For a buyer, read the plan off the square footage and the level, walk the lot before the house, 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 — $1,810,000 — 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.