Thousand Oaks Neighborhood Guide
Waverly Heights
Built 1957–1961 · about 200 houses on Montgomery Road, Waverly Heights Drive, Wellesley Drive and Rutgers Drive
1763 Wellesley Drive · Listing provided by Sean Curts, The ONE Luxury Properties
Waverly Heights is about 200 houses built from 1957 to 1961 in Thousand Oaks, east of Moorpark Road and north of Janss Road, on Montgomery Road, Waverly Heights Drive, Wellesley Drive, Rutgers Drive, Colgate Drive, Country Club Road and the courts off them. Most are single-story houses of about 1,700 to 2,700 square feet. Lots are about 13,000 square feet on the Wellesley and Rutgers streets and about half an acre on Montgomery Road and Waverly Heights Drive.
Highlighted area is the approximate footprint of Waverly Heights, 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 gatedWaverly Heights is not a gated community.
Homes for sale and recently sold in Waverly Heights
Listings and sales inside the Waverly Heights outline on the map above, from the CSMAR multiple listing service. They update as agents post them.
For sale in Waverly Heights right now
Active listings inside the neighborhood.
In escrow in Waverly Heights
Under contract but not yet closed — the closest read on what buyers are paying today.
Nothing in Waverly Heights is in escrow right now.
Sold in Waverly Heights in the last two years
Closed sales inside the neighborhood, newest first.
Sold$1,100,000Sold Sep 15, 20261869 Country ClubThousand Oaks, CA 913604 bd · 4 ba · 2,122 sq ft · built 1959Listing courtesy of AXEN Realty
Sold$1,475,000Sold Aug 12, 20261782 Montgomery RoadThousand Oaks, CA 913604 bd · 3 ba · 2,629 sq ft · built 1961Listing courtesy of The ONE Luxury Properties
Sold$1,225,000Sold May 8, 20261881 Wellesley DriveThousand Oaks, CA 913604 bd · 3 ba · 1,791 sq ft · built 1959Listing courtesy of Sotheby's International Realty
Sold$1,135,000Sold Mar 4, 20261633 Montgomery RoadThousand Oaks, CA 913604 bd · 3 ba · 1,474 sq ft · built 1958Listing courtesy of Rodeo Realty
Sold$1,925,000Sold Nov 21, 20251873 Montgomery RoadThousand Oaks, CA 913606 bd · 5 ba · 2,698 sq ft · built 1960Listing courtesy of Pinnacle Estate Properties, In
Sold$1,775,000Sold May 23, 20251861 Montgomery RoadThousand Oaks, CA 913603 bd · 2 ba · built 1958Listing courtesy of Douglas Elliman
Sold$1,550,000Sold Apr 25, 20251775 Colgate DriveThousand Oaks, CA 913604 bd · 3 ba · 2,333 sq ft · built 1959Listing courtesy of RE/MAX Gold Coast REALTORS
Sold$1,130,000Sold Apr 11, 20251888 Rutgers DriveThousand Oaks, CA 913604 bd · 2 ba · 1,816 sq ft · built 1959Listing courtesy of Berkshire Hathaway HomeServices California Properties
Sold$1,875,000Sold Apr 7, 20251873 Montgomery RoadThousand Oaks, CA 913606 bd · 5 ba · 2,698 sq ft · built 1960Listing courtesy of Pinnacle Estate Properties, Inc.
Sold$1,550,000Sold Mar 19, 20251869 Rutgers DriveThousand Oaks, CA 913604 bd · 3.5 ba · 2,596 sq ft · built 1959Listing courtesy of Enstone Investments Inc
Sold$1,195,000Sold Jan 2, 20251142 Waverly Heights DriveThousand Oaks, CA 913603 bd · 2 ba · 1,861 sq ft · built 1962Listing courtesy of Pinnacle Estate Properties, Inc.
Sold$1,000,000Sold Jan 2, 20251176 Waverly Heights DriveThousand Oaks, CA 913603 bd · 1.5 ba · 1,384 sq ft · built 1961Listing courtesy of Equity Union
Waverly Heights quick facts
Waverly Heights HOA dues
The homes
The houses
Waverly Heights was built from 1957 to 1961 in four tracts. The Montgomery Road and Waverly Heights Drive tract has the biggest lots, about half an acre. The Wellesley Drive, Rutgers Drive and Country Club Road tracts have lots of about 13,000 square feet. Houses are mostly single-story, about 1,700 to 2,700 square feet, many enlarged.
Names in listings
Most listings use Waverly Heights – 533. Some homes on Rutgers Drive, Rutgers Court and Wellesley Court are listed as Waverly Manor – 534, and the labels overlap.
Owning here
No association
No association fee shows on sales. City of Thousand Oaks rules govern changes, including second units.
Schools
Waverly Heights is in the Conejo Valley Unified School District. The closest campuses are Thousand Oaks High School (about 0.7 mile), Glenwood Elementary School (about 0.6 mile) and Redwood Middle School (about 1.2 miles). Attendance is set by address, so confirm the assignment with the district.
What to check
The houses are 65 years old. Check the sewer line, the electrical panel, and permits for additions and garage conversions.
Prices
Waverly Heights 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 3, 2026 at 12:39 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 25% of the homes for sale in Waverly Heights are selling each month.
See the full Waverly Heights market report →
Median sold price and homes sold, by quarter
Days on market and sold-to-list price, by quarter
Based on 12 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
12 homes sold in the last two years, from $1,000,000 to $1,925,000, with a median of $1,350,000. Houses of about 1,790 to 1,820 square feet on Rutgers Drive and Wellesley Drive sold for $1,130,000 and $1,225,000. The median was $1,350,000.
Nearby neighborhoods