Oak Park Neighborhood Guide
Shadow Oaks
Built 1989 · about 81 two-bedroom townhomes on Spanish Oak Lane, Water Oak Lane and Riodosa Trail
5473 Spanish Oak Lane, G · Listing provided by Andrew Levine, Debra Levine Realty
Shadow Oaks is about 81 townhomes built in 1989 on Spanish Oak Lane, Water Oak Lane and Riodosa Trail in Oak Park, east of Kanan Road near Shadow Ridge. Every unit is a two-level two-bedroom of 1,204 or 1,236 square feet, with a bath for each bedroom. Dues rose to about $694 to $698 a month in mid-2026.
Highlighted area is the footprint of Shadow Oaks, drawn from the parcels in Ventura County records. Labels mark the other Oak Park neighborhoods; click one to open its guide.
Not gatedShadow Oaks is not a gated community. Oak Park has no gated communities.
Homes for sale and recently sold in Shadow Oaks
Listings and sales inside the Shadow Oaks outline on the map above, from the CSMAR multiple listing service. They update as agents post them.
For sale in Shadow Oaks right now
Active listings inside the tract.
In escrow in Shadow Oaks
Under contract but not yet closed — the closest read on what buyers are paying today.
Nothing in Shadow Oaks is in escrow right now.
Sold in Shadow Oaks in the last two years
Closed sales inside the tract, newest first.
Sold$600,000Sold Jul 24, 20265423 Spanish Oak Lane, COak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of Pinnacle Estate Properties, Inc.
Sold$710,000Sold Jun 22, 2026513 Water Oak Lane, BOak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of Compass
Sold$615,000Sold Jan 2, 2026513 Water Oak Lane, DOak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of Compass
Sold$665,000Sold Aug 28, 2025578 Water Oak Lane, BOak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of Compass
Sold$699,000Sold Jul 8, 20255560 Riodosa Trail, #DOak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of Better Homes and Gardens Real Estate Town Center
Sold$689,000Sold Jun 14, 20255533 Spanish Oak Lane, AOak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of KW Westside Estates
Sold$709,000Sold May 16, 20255580 Spanish Oak Lane, COak Park, CA 913772 bd · 2.5 ba · 1,204 sq ft · built 1989Listing courtesy of Pinnacle Estate Properties, Inc.
Sold$675,000Sold Dec 31, 2024528 Water Oak Lane, EOak Park, CA 913772 bd · 2.5 ba · 1,236 sq ft · built 1989Listing courtesy of Compass
Shadow Oaks quick facts
Shadow Oaks HOA dues
The homes
The units
Shadow Oaks was built in 1989 with two nearly identical plans, 1,204 and 1,236 square feet. Both are two-level two-bedrooms with the bedrooms upstairs, each with its own bath. Spanish Oak Lane has the most units.
Owning here
Association
Dues rose from $619 a month to $694 to $698 in mid-2026. Some listings say dues include water, sewer, trash and earthquake insurance. There is a pool, spa and clubhouse. Ask what drove the increase and how the reserves are funded.
Schools
Shadow Oaks is in the Oak Park Unified School District. Listings and the district’s street list place it at Red Oak Elementary. Middle school is Medea Creek and high school is Oak Park High. Confirm the assignment for a specific address with the district.
Prices
Shadow Oaks 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 6:56 pm.
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 33% of the homes for sale in Shadow Oaks are selling each month.
See the full Shadow Oaks market report →
Median sold price and homes sold, by quarter
Days on market and sold-to-list price, by quarter
Based on 8 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
8 homes sold in the last two years, from $600,000 to $710,000, with a median of $682,000.
How it compares
Shadow Ridge, nearby, has smaller one- and two-bedroom units at a median of about $480,000.
Nearby neighborhoods