Thousand Oaks neighborhood - corner view

The Thousand Oaks neighborhood in San Jose’s Blossom Valley area is highly sought-after as it is a tidy area, pleasant looking, and very convenient.

Thousand Oaks is bordered to the north by Hillsdale Ave, Pearl Ave to the east, Branham Ln to the south, and Almaden Expy to the west. Most of the area is within the 95136 zip code with a tiny portion in 95118. With great accessibility, tons of amenities, and a moderate price tag, Thousand Oaks is worth a look!

Thousand Oaks Neighborhood Lifestyle

This area offers quick and easy access to major commute routes such as Almaden Expressway, CA-85, and CA-87, as well as extraordinary access to public transit. There are two bus routes, and for only a 20 min walk, 8 min bike ride, or 4 min drive residents can access either of two VTA light rail stations, the Capitol and Branham stations on the blue line. From there you need only travel 2-3 stations to Tamien to reach the CalTrain connection (or skip VTA and drive 10 minutes to the CalTrain Capitol station).

But you don’t need to go far from home to get around. Westfield Oakridge Mall is a 5 minute drive (or 40 minute walk) to the south of Thousand Oaks, and there is plenty of shopping and dining surrounding the neighborhood. The post office is within one mile, along with various neighboring grocery stores, fast food chains, popular local restaurants, and a variety of other stores and businesses.

Still, it’s not all hustle and bustle. The Guadalupe River separates the neighborhood from Almaden Expressway and some of the businesses, parts of it creating a natural tree-filled gulch. Most streets are graced with trees along the sidewalks, enjoy a view of the foothills, and the use of two neighborhood parks: Terrell Park and Thousand Oaks Park. Terrell Park has picnic benches and BBQs as well as a playground, and sits adjacent to Terrell Elementary. Thousand Oaks Park is a ~35 acre community park with ample sports facilities, picnicking and BBQs, playgrounds, a fitness trail, and a community center (there’s even a map of the park amenities).

Schools in the Thousand Oaks neighborhood

The entire area is part of the San Jose Unified School District, and are assigned to Gunderson High, John Muir Middle, and Terrell Elementary, which is within the neighborhood boundaries and adjacent to Terrell park (you can see the school locations marked on the map). Unfortunately, these are not high performing public schools, with Great Schools ranking them a 3 (Terrell), 4 (John Muir), and 5 (Gunderson).

Thousand Oaks Map

Thousand Oaks Real Estate

Within this Blossom Valley community there are approximately 835 single family homes, 36 condos, 5 duplexes, and a couple of dozen other multi-family dwellings.

Regarding the houses, about 2/3 are single-story with 1/3 two-story, and there are two major subdivisions in this area: Glenmoor Estates and Thousand Oaks.

Lastly, framing the neighborhood on the busy streets are a handful of office buildings and a dozen commercial buildings.

Most of the area was developed between 1969 – 1979 with 47 being the average age of houses in the neighborhood. A number of properties have been built or rebuilt more recently, such as the Reinoso Ct homes built in 2018.

The condos are younger than most of the homes with construction in 1980 – 1981 and the most recent Huntington Ln condos that were built in 2017.

How are Thousand Oaks properties selling? Well, 4 single family homes that have sold so far in 2020 in a range of $1.03M – $1.21M with an average of $1,142,500, or with a range of $614.12/SqFt – $917.21/SqFt at an average of $757.84/SqFt and selling on average in only 8 days. The longest listing only took 2 weeks to sell. Roll back the clock and throughout 2019, 24 single family homes and 3 townhomes sold in that year. The townhomes sold between $728,300 – $905,000 with an average of $841,100 at $479.97/SqFt. The homes ranged in price from $905,000 – $1,510,000, or $486.56/SqFt – $754.87/SqFt, averaging a sale price of $1,110,062 at $624.42/SqFt.

You can see the current Thousand Oaks real estate listings, pendings, and solds within the last 6 months by clicking on this link.

Thousand Oaks Subdivision

This subdivision includes approximately 333 single family homes.

Most of this subdivision was built between 1973 – 1977 and consists mostly of 3-4 bed units with 2 full baths, though about a dozen are larger with the largest recorded as having 8 beds and 3 baths!

The average lot size is 6,561 SqFt with the median at 6,120 SqFt and the majority of homes are between 5,900 – 7,000 SqFt, but 4 homes are on lots over 10,000 SqFt with one over 20,000 SqFt. Home sizes range from 1,453 SqFt to 3,754 SqFt with an average of 1,908 SqFt with a median of 1,860 SqFt. Most of these homes are two storied with about 30% of homes as single-story units.

Recent Sales: Although there are no recorded sales for 2020 yet, there were 13 sales in this area during 2019. Sale prices ranged from $905,000 – $1,510,000 with an average of $1,110,615 and a median of $1,071,500. List prices ranged from $899,000 – $1,549,888 with an average of $1,107,260 and a median of $1,099,999. Of those 13 sales, 6 sold above list price, 5 sold below list price, and 2 sold for asking. The average price per square foot in this group was $585.49/SqFt.

Thousand Oaks neighborhood - late winter viewGlenmoor Estates Subdivision

This subdivision includes approximately 295 single family homes built in 1969 and 1971.

Major floorplans are the 1,486 SqFt and 1,512 SqFt with 3 bed 2 bath, and the 1,572 SqFt 4 bed 2 bath, though there are plenty of larger homes with 4 or more bedrooms which have expanded beyond the original construction. Still, the average for this subdivision to 1,599 SqFt with 3 bed and 2 bath. Lots in this area range from 5,758 – 12,752 SqFt with an average of 6,449 SqFt. Only two of these homes are two storied.

Recent Sales: Two homes sold and closed in this area in 2020 so far, ranging in price from $1.03M – $1.21M with an average of $1,120,000 at $750.01/SqFt. Both sold above asking. Last year, in 2019, 7 homes sold in Glenmoor Estates ranging from $950K – $1.198M with an average of $1,077,500 at $671.32/SqFt. One sold at asking price, one sold below, and the remaining 5 sold over.

 

 

Google Map View:

In this map, the darker blue shape is the Thousand Oaks neighborhood, the purple is the Thousand Oaks Subdivision, and the lighter blue or teal is the Glenmoor Estates subdivision. This map is interactive, so feel free to zoom and scroll to see more of the area.

 

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Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


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