Home / Neighborhood Guide / Agoura Hills / Annandale Townhomes
Quick Facts: Annandale Townhomes at a Glance
| Price Range | $500,000 to $700,000 |
|---|---|
| Bedrooms | 2 to 3 bedrooms |
| Square Footage | Approximately 1,000 to 1,400 sq ft |
| Year Built | 1970s |
| HOA Fee | Approximately $300/month |
| Number of Homes | Approximately 60 units |
| Gated | No |
| School District | Las Virgenes Unified School District (LVUSD) |
Annandale Townhomes is one of the most affordable entry points into Agoura Hills, offering attached townhome living inside a top-tier school district at a price point roughly half the city's median.
What Is Annandale Townhomes Known For?
Annandale Townhomes sits in the heart of central Agoura Hills, tucked off Kanan Road in a quiet pocket that most buyers overlook until they actually walk it. That's been true the entire time I've been selling real estate in this valley. The community is defined by two things: its mature tree canopy and its price. The oaks and liquid ambers that line the interior have had forty-plus years to grow, and they give the complex a shaded, settled feeling you simply don't find in newer construction. The architecture is classic early-1970s Southern California attached housing, two-story units with shared walls, low-pitched rooflines, and an earthy palette of tan, beige, and brown that has aged gracefully. It reads as understated from the street. Once you step inside a renovated unit, the story changes considerably.
What makes Annandale distinct from the attached communities nearby is the combination of scale and price. At roughly 60 units, this is a genuine small community, not a sprawling complex. Neighbors tend to know each other, the pool area stays manageable on weekends, and there is very little of the transient, apartment-complex feel you get in larger HOA developments. The typical buyer here is either a first-time buyer who has been priced out of detached homes in Agoura Hills (the city's median sits above $1,100,000) or a downsizer who wants to stay in the LVUSD boundaries without the maintenance burden of a single-family home. In my experience, buyers who discover Annandale are consistently surprised by how livable it is, and how much value they get relative to comparable units in Thousand Oaks or Westlake Village at the same price.
Floor Plans and Home Styles in Annandale Townhomes
The units at Annandale Townhomes follow the standard 1970s California attached housing template: two-story construction with the living areas on the ground floor and bedrooms upstairs. The community offers two-bedroom and three-bedroom configurations, ranging from approximately 1,000 square feet at the smaller end to roughly 1,400 square feet in the larger three-bedroom plans. Most units share one or two walls with adjacent neighbors but have their own private patio or small rear yard space, which is a meaningful differentiator from true condominium living. That bit of private outdoor space matters more than buyers expect until they have it.
The two-bedroom floor plans typically run 1,000 to 1,150 square feet. The layout generally places a living room and dining area at the front of the unit, a galley-style kitchen at the rear opening onto the patio, and a powder room or half bath on the ground floor. Both bedrooms and the full bathroom are upstairs. The three-bedroom plans push toward 1,250 to 1,400 square feet and add a third bedroom that sellers often position as a home office or flex room. In units where the renovation has been done thoughtfully, buyers will often find the kitchen opened up toward the living area by removing the wall separating them, which dramatically improves the sense of space.
The renovation spectrum here is wide. Some units have been untouched since the Carter administration, with original oak cabinetry, popcorn ceilings, and carpet throughout. Others have been fully gutted and updated with quartz counters, LVP flooring, recessed lighting, and modernized bathrooms. The gap in price between an original-condition unit and a turnkey renovated one can be $60,000 to $100,000, and in my experience the renovated units tend to go quickly because buyers at this price point often don't have the extra capital to fund a full renovation after closing.
What Is It Like to Live in Annandale Townhomes?
Saturday mornings in Annandale have a particular rhythm to them. It starts early with dog walkers looping the neighborhood and ends with the smell of someone grilling on a patio somewhere in the complex. The tree canopy overhead means the summer heat is noticeably more bearable here than on the exposed hillside streets nearby. Traffic through the interior is minimal because it is a contained community with no cut-through access. Kids ride bikes. People sit outside. It has the social texture of a neighborhood that has been lived in for a long time, because it has.
The resident profile skews toward working adults and smaller households. You'll find young couples who bought here as their starter home and stayed longer than planned, empty-nesters who moved in from a larger detached home in the valley, and the occasional remote-worker who values the calm over the commute. Families with school-age children are present but not dominant. Halloween in this community is active enough to make it worthwhile but not the full production you'd see in the single-family neighborhoods on the hillsides. Dogs are everywhere, which creates an easy social friction between neighbors who might otherwise never speak.
Practically everything you need day-to-day is within a mile or two. Vons on Kanan Road is the closest full-service grocery store, under two miles away, and Ralphs Fresh Fare at 5727 Kanan Road is essentially across the street from it. For a proper dinner out, Vincitore Italian Restaurant on Kanan is a local institution, and Village Bakery and Cafe has been a morning stop for residents for years. The Kanan Road corridor handles the vast majority of daily errands without getting on the 101.
Noise is worth addressing honestly. Units that back toward Kanan Road or face the perimeter of the community will get traffic noise during peak hours, particularly in the morning. Interior-facing units are noticeably quieter. It is not a loud neighborhood by any stretch, but I always walk my buyers through at different times of day so they understand the acoustic environment before they go into contract. The 101 freeway is close by design, which is what makes the commute so practical. The trade-off is that freeway hum is audible on still nights from units on the southern side of the complex. Know that going in and it will not surprise you.
Annandale Townhomes Market Snapshot
Annandale Townhomes occupies a specific and durable niche in the Agoura Hills market. It is consistently the most affordable attached housing option in the city that still sits inside LVUSD boundaries, which creates a reliable floor of demand from buyers who have been priced out of detached homes but refuse to leave the school district. That structural demand is real and has kept this community from experiencing the kind of extended price softness you sometimes see in mid-tier attached housing elsewhere in the valley.
Inventory in this community is chronically tight because the unit count is small. In a typical year, only five to ten units change hands, which means when a well-priced, renovated unit hits the market it generates competitive activity quickly. Buyers who wait for a "deal" in Annandale often find themselves watching the same type of unit trade above asking two or three times before they recalibrate their expectations.
| Metric | Value |
|---|---|
| Current Median Price | Approximately $575,000 to $625,000 |
| Typical Days on Market | 14 to 28 days for updated units; longer for original condition |
| Price Trend (Last 12 Months) | Stable to modest appreciation; 3% to 5% year-over-year |
| Typical Buyer Profile | First-time buyers, LVUSD-focused families, downsizers |
| Inventory Level | Tight |
This is a seller's market in any condition where the unit is competitively priced. The $500,000 to $700,000 range sits well below the Agoura Hills detached median of approximately $1,100,000, which means buyers coming down from the detached market have real purchasing power here and are not typically stretching to the top of their range. That tends to reduce inspection renegotiation drama. Where negotiation does happen is on original-condition units where buyers try to price in renovation costs, and sellers sometimes have unrealistic expectations based on what the renovated comp next door sold for. My advice to sellers: price to the condition honestly and let the demand work for you.
Who Should Look in Annandale Townhomes?
First-time buyers priced out of detached homes. If you have been watching the Agoura Hills detached market and feel like the ladder has been pulled up, Annandale is the practical answer. You get into LVUSD, you own real property, and you build equity while the detached market does what it does. The monthly carrying cost on a typical Annandale unit, including the HOA, is generally more competitive than renting a comparable size in the area. For buyers with a 10 to 20 percent down payment and solid income, this is a real path into Agoura Hills homeownership.
Families who need the school district above everything else. I've worked with plenty of buyers who tell me they would live in a closet to get their kids into Agoura High School. That's an exaggeration, but Annandale is the most affordable non-rental option that keeps those school boundaries locked in. A three-bedroom unit at 1,300 square feet is genuinely livable for a small family, particularly if you are spending your days at parks, trails, and the Recreation Center rather than inside the house.
Empty-nesters and downsizers from larger Conejo Valley homes. Plenty of the buyers I've represented here were coming out of 2,500 to 3,500 square foot homes in Thousand Oaks or Westlake Village. They want to stay in the valley, they want the area's lifestyle and services, and they are done with roofs, landscaping, and pool maintenance. The HOA covering exterior maintenance is a genuine quality-of-life upgrade for this buyer. The equity difference between the sale of their detached home and the Annandale purchase often means they are buying with significant cash, which makes offers attractive to sellers.
Investors looking for a durable rental. Annandale Townhomes rents consistently because the school district demand does not evaporate when the purchase market softens. A well-maintained unit here should lease without difficulty in most market conditions. Gross rental yields on attached housing at this price point in LVUSD are not spectacular, but the risk profile is low and the tenant pool is strong. I do caution investors to review the HOA's rental cap policy before writing an offer, as some HOAs in Agoura Hills limit the percentage of units that can be rented at any given time.
Pros and Cons of Annandale Townhomes
Pros
- Most affordable ownership option inside Las Virgenes Unified School District boundaries in Agoura Hills
- Mature, established tree canopy gives the community a settled, neighborhood feel that newer developments cannot replicate
- Small community scale (approximately 60 units) creates genuine neighbor familiarity without the anonymity of large complexes
- HOA covers exterior maintenance and landscaping, removing the primary headache of single-family homeownership
- Shared pool access is a real amenity in a Southern California climate and is not a given at this price point
- Proximity to Kanan Road means groceries, restaurants, coffee, and the 101 freeway on-ramp are all within two miles
- Strong, reliable rental demand underpins long-term investment value
- Walking distance or short drive to multiple parks, including Chumash Park and Medea Creek Trail
Cons
- Units facing the perimeter near Kanan Road carry noticeable traffic noise, particularly during morning commute hours
- HOA approval is required for any exterior modifications, which can slow renovation timelines and limit personal expression
- At 1,000 to 1,400 square feet, these are genuinely small homes; buyers who need a home office, dedicated playroom, or guest suite may find them constraining
- Guest and overflow parking is limited on weekends; street parking on surrounding blocks fills up faster than buyers anticipate
Schools Serving Annandale Townhomes
- Elementary (K-5): Sumac Elementary, Yerba Buena Elementary, or Willow Elementary (assignment varies by exact address; confirm with LVUSD at enrollment)
- Middle School (6-8): Lindero Canyon Middle School, 5844 Larboard Lane, Agoura Hills
- High School (9-12): Agoura High School, 28545 W Driver Avenue, Agoura Hills
- School District: Las Virgenes Unified School District (LVUSD)
LVUSD is consistently ranked among the top public school districts in California and the nation. The district offers AP Capstone, International Baccalaureate, Arts and Media Academy, Dual Language Immersion, and GATE programs across its schools. Agoura High School is the district's largest campus, with over 2,600 students, and its college placement record is a significant draw for families relocating from outside the area. What I hear from parents again and again is that the academic rigor is real but so is the extracurricular culture, and that teachers and administrators are accessible in a way that doesn't happen at larger, more impersonal campuses. For families weighing Annandale against communities in adjoining districts, the school quality alone frequently tips the decision.
Nearby Amenities and Local Favorites
Grocery
- Vons (5671 Kanan Rd, Agoura Hills) — Approximately 1.5 miles. Full-service grocery, deli, bakery, pharmacy.
- Ralphs Fresh Fare (5727 Kanan Rd, Agoura Hills) — Approximately 1.5 miles. Side by side with Vons; good for competitive pricing on staples.
- Trader Joe's (Westlake Village location) — Approximately 3 miles east on the 101. The weekend crowd thins out mid-morning; go early.
Coffee and Cafes
- Village Bakery and Cafe (5879 Kanan Rd, Agoura Hills) — Approximately 1.5 miles. The neighborhood's de facto morning meeting spot; locals have been coming here for years.
- Jinky's Cafe (29001 Canwood St, Agoura Hills) — Approximately 2 miles. Beloved brunch spot with loyal regulars; expect a wait on Sunday mornings.
- Emil's Bake House (5005 Kanan Rd, Agoura Hills) — Approximately 1 mile. Exceptional pastries; the kind of place you tell out-of-town guests about.
Restaurants
- Vincitore Italian Restaurant (5869 Kanan Rd, Agoura Hills) — Approximately 1.5 miles. Consistent, neighborhood Italian that earns repeat visits.
- Tavern 101 Grill and Tap House (28434 Roadside Dr, Agoura Hills) — Approximately 2 miles. Good for post-hike burgers and local craft beers.
- Wood Ranch BBQ and Grill (5050 Cornell Rd, Agoura Hills) — Approximately 2 miles. Consistently the most popular casual dinner destination in the immediate area.
- Agoura Famous Deli (5915 Kanan Rd, Agoura Hills) — Approximately 1.5 miles. A genuine Agoura Hills institution; open for breakfast and lunch.
Parks and Trails
- Chumash Park (5550 Medea Valley Dr, Agoura Hills) — Approximately 1 mile. Sixteen acres of open fields, playground, picnic areas, and access to hiking trails. Summer Concert Series runs June through August.
- Medea Creek Trail (accessible off Rustling Oaks Dr, Agoura Hills) — Approximately 1.5 miles. A tree-lined path along a seasonal creek; popular with dog walkers and joggers year-round.
- Chesebro Canyon and Cheeseboro Ridge (via Palo Comado Canyon) — Approximately 5 miles. One of the best moderate hikes in the Santa Monica Mountains; accessible within ten minutes of Annandale.
Fitness
- Agoura Hills Recreation and Event Center — Approximately 1.5 miles. City-operated facility with courts, fitness classes, and a swimming pool.
Medical
- Los Robles Regional Medical Center (Thousand Oaks) — Approximately 7 miles. The closest full-service hospital; accessible via the 101.
What to Expect When Buying in Annandale Townhomes
The most important thing I tell buyers coming into Annandale is to do their HOA homework before falling in love with a unit. Request the CC&Rs, the most recent reserve study, the meeting minutes from the last twelve months, and the financial statements. A healthy HOA at a community this size should have a funded reserve that reflects the age of the roofs, pool equipment, and common area structures. These buildings are from the 1970s. Roofs, plumbing, electrical, and HVAC systems have all been replaced to varying degrees on a unit-by-unit basis, and the HOA's shared infrastructure tells you a great deal about whether a special assessment is lurking around the corner. I've seen buyers walk into Annandale-type communities without doing this work and get hit with a $5,000 to $15,000 special assessment within a year of purchase. It's avoidable with due diligence.
On the inspection side, 1970s construction in Southern California carries predictable flags. Aluminum wiring in older units is not uncommon, and while it is not immediately dangerous when properly maintained, lenders and insurance carriers can be sensitive about it. Galvanized plumbing will eventually need attention. Popcorn ceilings in unmodified units may contain asbestos, which requires professional testing and abatement if you plan to disturb it. None of these are deal-killers in isolation, but they factor into negotiation and into your cost model going forward. A thorough inspection with an experienced inspector familiar with this era of construction is money well spent.
Competition for well-priced units here is real. Turnkey renovated units will generate multiple offers if priced correctly, sometimes within the first weekend. Original-condition units sit longer and give buyers more room to negotiate, but the seller psychology can be stubborn because the owner is anchoring to the renovated comp. The appraisal process is generally straightforward since there are enough comps within the community and nearby attached developments to support values, but appraisers will flag condition issues, so sellers who overprice on the basis of a neighbor's renovated sale will get pushed back at appraisal. Closing costs in California for a buyer in this price range run approximately 2 to 3 percent of purchase price in addition to the down payment. Budget accordingly.
Frequently Asked Questions About Annandale Townhomes
Is Annandale Townhomes a good investment?
For long-term holders, yes. The community's position as the most affordable entry point into LVUSD creates persistent demand that does not evaporate in slow markets. Appreciation over the past decade has been consistent with the broader Agoura Hills market, and rental demand is solid if you plan to lease the unit. It is not a value-add renovation play for quick flips because the margins are thin at this price point, but as a buy-and-hold asset in a quality school district, the fundamentals are sound.
What are the HOA fees in Annandale Townhomes?
HOA dues are approximately $300 per month. These fees typically cover exterior maintenance, landscaping of common areas, pool upkeep, and building insurance for the structures. They do not cover the interior of your unit. Before closing, always request the HOA financials and reserve study to confirm there are no pending special assessments or deferred maintenance issues that could trigger additional costs after purchase.
How are the schools in Annandale Townhomes?
Excellent. Annandale Townhomes falls within the Las Virgenes Unified School District, which is consistently ranked among the top public school districts in California. Agoura High School, the district's flagship, has approximately 2,600 students and a strong college placement record. The district offers programs ranging from AP Capstone and International Baccalaureate to arts academies and dual-language immersion. For most buyers, LVUSD is the primary reason they target Agoura Hills over adjacent communities in Thousand Oaks or Oak Park.
Is Annandale Townhomes family-friendly?
It is, with some context. The community is quiet, safe, and physically compact enough that parents feel comfortable with children playing in the common areas. The school quality is the primary family draw. That said, at 1,000 to 1,400 square feet, these are not homes designed for large families. Young families with one or two children who prioritize outdoor space and school quality over interior square footage tend to thrive here. The proximity to Chumash Park, Medea Creek Trail, and the Recreation Center means the smaller indoor footprint is easily offset by everything available outside.
How close is Annandale Townhomes to the 101?
Very close. The Kanan Road on-ramp to the 101 is approximately one to two miles from the community, making it one of the more freeway-accessible locations in Agoura Hills. The flip side is that freeway proximity means some ambient noise, particularly for units on the southern edge of the complex. If freeway noise is a concern for you, I will be direct about which units face it and which don't during a showing.
What is the commute to Los Angeles from Annandale Townhomes?
In light traffic, you can reach the Westside of Los Angeles in approximately 35 to 45 minutes via the 101. During peak commute hours, budget 55 to 75 minutes in heavy traffic, which is consistent with the broader Conejo Valley experience. Many residents who work in the entertainment industry or in West LA consider this commute manageable, particularly given what they get in terms of lifestyle, schools, and cost relative to equivalent neighborhoods closer to the city.
Does Annandale Townhomes have a pool?
Yes. The community includes a shared pool for residents, which is a meaningful amenity at this price point. The pool is maintained through the HOA and is accessible to all unit owners. During the summer months it sees regular use, but given the small scale of the community it does not feel overcrowded the way a large complex pool would.
Can I rent out my unit in Annandale Townhomes?
Potentially, but review the HOA's CC&Rs carefully before assuming rental is permitted without restriction. Many smaller HOAs in Agoura Hills cap the percentage of units that can be rented at any given time. This is a standard question I raise on every attached-housing transaction. Your lender's underwriter will also want to confirm the rental cap and owner-occupancy ratio as part of the loan approval process for conventional financing.
Similar Communities to Annandale Townhomes
Agoura Hills offers a wide range of attached and detached communities across nearly every price point. If Annandale Townhomes interests you but you want to explore something with a different size, price, or style profile, here are the neighborhoods I'd suggest looking at alongside it. Each has its own character, and understanding how they compare will help you make a more confident decision.
- Lakeview Villas ($350K to $550K) — Similar because it offers attached housing at an accessible Agoura Hills price point, though typically with a smaller footprint and slightly different community feel.
- Chateau Park Townhomes ($600K to $1M) — Similar because it is another established townhome community in Agoura Hills, with somewhat larger floor plans and a higher price ceiling.
- Chateau Creek/Springs ($1M to $2M) — Worth comparing if you're ready to move into detached or larger attached homes in the same general corridor, with considerably more square footage.
- Lake Lindero ($800K to $2M) — Similar because it serves the same LVUSD-focused buyer, though with detached single-family homes and a golf course setting.
- Oakview Gardens ($850K to $1M) — Similar in its appeal to buyers who want to stay in central Agoura Hills, with detached homes at a moderate step up in price.
- Oakcreek Village ($1M to $1.8M) — Similar in its mature-tree, established neighborhood character, but at a detached single-family price point for buyers with more budget.
- Reyes Adobe ($1.2M to $1.5M) — Similar because it draws the same LVUSD-focused, quality-of-life buyer, in a well-regarded Agoura Hills neighborhood with strong community identity.
- Morrison Ranch South ($1.5M to $2.5M) — A natural step-up destination for Annandale buyers who have built equity and are ready to move into larger detached homes without leaving the city.
- Morrison Highlands ($2M to $3.5M+) — Similar school district affiliation for those at the upper end of the Agoura Hills market, with panoramic views and premium lot sizes.
- Medea Valley Estates ($2.5M to $4M+) — For buyers who want to stay in the Agoura Hills valley but are seeking estate-scale properties; the same community, a very different scale.
About Davis Bartels
Davis Bartels is the founder of the DB Real Estate Group with Pinnacle Estate Properties (CA DRE #00905345). He has personally closed nearly 1,000 transactions in the Conejo Valley since 2009 and consults on residential sales, investment purchases, 1031 exchanges, and estate-level real estate strategy. DRE #01933814.
Last updated: 2026-04-17
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