Newbury Park Neighborhood Guide

Monticello Estates

1988–1989 · about 30 houses on half-acre lots north of Lynn Road

Listing photo: Berkshire Hathaway HomeServices California Realty · CSMAR MLS

Monticello Estates is about 30 houses built in 1988 and 1989 in Newbury Park, north of West Lynn Road on Churchill Drive, Greendale Circle, Preakness Place and Fernhill Court. Houses are about 2,280 to 4,370 square feet on lots of about 20,000 to 28,000 square feet, roughly half an acre.

Highlighted area is the approximate footprint of Monticello Estates, drawn from the parcels in Ventura County records and the subdivision named on MLS sales. Labels mark the other Newbury Park neighborhoods; click one to open its guide.

Not gatedMonticello Estates is not a gated community.

Homes for sale and recently sold in Monticello Estates

These lists are drawn to the outline of Monticello Estates on the map above. They come from the CSMAR multiple listing service and update as agents post them.

For sale in Monticello Estates right now

Active listings inside the neighborhood.

Nothing is listed for sale in Monticello Estates right now.

In escrow in Monticello Estates

Under contract but not yet closed — the closest read on what buyers are paying today.

Nothing in Monticello Estates is in escrow right now.

Monticello Estates quick facts

Where is Monticello Estates?Newbury Park (91320), north of West Lynn Road on Churchill Drive, Greendale Circle, Preakness Place and Fernhill Court, between Cal Classics and Arbor Hills. It is inside the City of Thousand Oaks.
When was it built?1988 and 1989.
Who built it?The builder isn’t confirmed. The MLS lists it as Monticello Estates – 169.
How many homes?About 30.
How big are the homes?About 2,280 to 4,370 square feet; the middle is about 3,100. Roughly four in ten are single-story.
How big are the lots?About 20,000 to 28,000 square feet, roughly half an acre.
Which schools?Conejo Valley Unified. The closest campuses are Cypress Elementary School (about 0.5 mile), Sycamore Canyon School, a TK–8 campus (about 0.9 mile), Newbury Park High School (about 1.6 miles) and Sequoia Middle School (about 1.9 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 $1,365,000 to $2,100,000, with a median of $1,455,000.

Monticello Estates HOA dues

Is there an HOA?No association fee shows on sales of these houses. City of Thousand Oaks rules govern changes.

The homes

The houses

Monticello Estates is a small late-1980s tract of large houses on half-acre lots, set among the 1960s and 1970s tracts along Lynn Road.

Owning here

No association

No association fee shows on sales of these houses. City of Thousand Oaks rules govern changes.

Schools

Monticello Estates is in the Conejo Valley Unified School District. The closest campuses are Cypress Elementary School (about 0.5 mile), Sycamore Canyon School, a TK–8 campus (about 0.9 mile), Newbury Park High School (about 1.6 miles) and Sequoia Middle School (about 1.9 miles). Attendance is set by address, so confirm the assignment with the district.

What to check

The houses are about 38 years old. Original roofs, windows and heating and air systems are likely replaced or due. Check permits for additions. On the larger lots, check slopes, drainage and brush clearance.

Prices

Monticello Estates 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 10:37 am.

$1,455,000Median sold price
47Avg. days on market
95.9%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.

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

See the full Monticello Estates market report →

Median sold price and homes sold, by quarter

Monticello Estates median sold price and number of sales by quarter$2.23M1$1.9M$1.57M$1.23M0Q4 '24 · Homes sold: 0Q4 '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 '26Q1 '25 · Median sold price: $2.1MQ3 '26 · Median sold price: $1.37M
Homes soldMedian sold price

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

Monticello Estates days on market and sold-to-list price by quarter95.9%8295.8%5595.6%2795.4%0Q4 '24 · Avg. days on market: 0Q4 '24Q1 '25 · Avg. days on market: 82Q1 '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: 43Q3 '26Q1 '25 · Sold-to-list price: 95.5%Q3 '26 · Sold-to-list price: 95.9%
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 $1,365,000 to $2,100,000, with a median of $1,455,000. In November 2020 a 4,273-square-foot house on Preakness Place sold for $1,525,000.



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