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Exclusive Living in Newbury Park
Newbury Park is an upscale community on the west side of the Conejo Valley. It is on the high end of the economic scale, with its median home values lofty enough to get it ranked as the most affluent community in all of Ventura County.
That also places it in the category of one of the country’s most affluent neighborhoods, with median home prices north of $710,000, even after the 2005 downturn. Home prices in the last decade increased two and a half times on average in Newbury Park, with some exclusive Newbury Park homes reaching prices over $2.8 million.
The neighborhood is in Thousand Oaks, and is governed largely by that city’s goverment structure. Casa Conejo is the exception, however – it was the first community built in the masterplanned development, and remains an unicorporated portion of Newbury Park. Casa Conejo, which is an unincorporated section of Newbury Park, is not a part of Thousand Oaks.
Newbury Park is known for its great schools, and is a part of the Conejo Valley Unified School District. Other local features are the areas wide open spaces, park land, and world-renowned mountain biking and hiking trails. Home owners in Newbury Park have placed a high value on preserving the plentiful natural environment in the Conejo Valley, and this has led to a high quality of life for residents. As a result, Newbury Park homes are generally considered a great investment in addition to being a great place to raise a family.
While older neighborhoods have not been developed for decades, there is a small supply of new homes in Newbury Park. Dos Vientos is a newer residential development that has just recently completed the final portion of its construction phases. The last residential construction project in Newbury Park is called Rancho Conejo Village, and is being built by S & S Homes.
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