Sensational opportunity in the heart of Thousand Oaks! Situated on a near-level third of an acre dotted with mature trees, this charming vintage ranch home offers incredible upside potential. Freshly updated with new paint and carpet, this little gem features an updated kitchen, 3 bedrooms, and 1.5 baths, blending classic mid-century character with move-in-ready comfort. Beyond its charm, the true value lies in the immense possibilities. The property includes a detached two-car garage plus an additional structure ideal for a studio, office, gym, or creative space. Explore the potential for an ADU or a possible lot split for another entire home! Thinking bigger? Buyers can check out the possibilities by contacting the city to align their vision with the city's 2045 general plan and redevelopment goals.Whether you're looking for a peaceful place to call home, an investment opportunity, or the chance to create something larger, this unique property is full of potential!