Rancho Conejo · Newbury Park Neighborhood Guide
Terraza I
Gated
Built 1997–1998 · about 73 two-story houses on Brush Oak Court, Sappanwood Avenue and Hidden Oak Court · gated · Rancho Conejo
Listing photo: Keller Williams Westlake Village · CSMAR MLS
Terraza I is about 73 houses built in 1997 and 1998 in the Rancho Conejo area of Newbury Park, on Brush Oak Court, Sappanwood Avenue, Hidden Oak Court and part of Sapphire Dragon Street. Most are two-story four- and five-bedrooms of about 2,140 to 2,810 square feet, on lots of about 5,400 to 6,500 square feet. Listings show an association fee of about $163 to $184. It is gated, like the other Rancho Conejo neighborhoods around it.
Highlighted area is the approximate footprint of Terraza I, 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.
GatedTerraza I is one of the gated communities of Thousand Oaks and Newbury Park.
Homes for sale and recently sold in Terraza I
Listings and sales inside the Terraza I outline on the map above, from the CSMAR multiple listing service. They update as agents post them.
For sale in Terraza I right now
Active listings inside the neighborhood.
In escrow in Terraza I
Under contract but not yet closed — the closest read on what buyers are paying today.
Nothing in Terraza I is in escrow right now.
Sold in Terraza I in the last two years
Closed sales inside the neighborhood, newest first.
Sold$1,255,000Sold Aug 27, 20261496 Sappanwood AvenueNewbury Park, CA 913204 bd · 3 ba · 2,465 sq ft · built 1998Listing courtesy of Keller Williams Westlake Village
Sold$1,660,000Sold Jul 16, 20261915 Hidden Oak CourtThousand Oaks, CA 913204 bd · 4 ba · 2,805 sq ft · built 1998Listing courtesy of Engel & Voelkers, Westlake Village
Sold$1,180,000Sold Apr 6, 20261480 Sappanwood AvenueThousand Oaks, CA 913204 bd · 3 ba · 2,386 sq ft · built 1998Listing courtesy of Engel & Voelkers, Westlake Village
Sold$1,375,000Sold Aug 26, 20251464 Sappanwood AvenueNewbury Park, CA 913204 bd · 3 ba · 2,975 sq ft · built 1998Listing courtesy of Newbridge Real Estate Services
Sold$1,175,000Sold Jul 29, 20251941 Brush Oak CourtThousand Oaks, CA 913204 bd · 3 ba · 2,465 sq ft · built 1997Listing courtesy of Coldwell Banker Realty
Sold$1,349,500Sold Apr 4, 20251373 Sapphire Dragon StreetThousand Oaks, CA 913205 bd · 3 ba · 2,805 sq ft · built 1998Listing courtesy of Engel & Voelkers, Westlake Village
Sold$1,440,000Sold Apr 3, 20251404 Sapphire Dragon StreetNewbury Park, CA 913205 bd · 3 ba · 2,600 sq ft · built 1997Listing courtesy of Compass
Terraza I quick facts
Terraza I HOA dues
The homes
The plans
Terraza I was built in 1997 and 1998. The two-story plans of 2,386 and 2,465 square feet (four bedrooms) and 2,805 square feet (four or five bedrooms) are the most common in sales.
Owning here
Association
Listings show an association fee of about $163 to $184. Confirm how often it is billed and what it covers.
Schools
Terraza I is in the Conejo Valley Unified School District. The closest campuses are Sequoia Middle School (about 1.6 to 1.8 miles) and Newbury Park High School (about 2.1 miles); confirm the elementary school. Attendance is set by address, so confirm the assignment with the district.
What to check
The houses are 25 to 35 years old. Original roofs, water heaters and heating and air systems may be near the end of their life. Check permits for additions.
Other gated communities nearby
Prices
Terraza I 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 12:26 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 15% of the homes for sale in Terraza I are selling each month.
See the full Terraza I market report →
Median sold price and homes sold, by quarter
Days on market and sold-to-list price, by quarter
Based on 7 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
7 homes sold in the last two years, from $1,175,000 to $1,660,000, with a median of $1,349,500. Homes of 2,386 and 2,465 square feet sold for $1,175,000 to $1,255,000. The 2,805-square-foot plans sold for $1,349,000 and $1,660,000.
Nearby neighborhoods