Fairway Oaks is a single street of 33 homes on Rayburn Street, backing onto the North Ranch Country Club course under mature oaks. It suits buyers who want fairway and lake views, a mid-1980s house they can make their own, and low dues without a gate or a clubhouse. Homes sold for about $1.23M to $2.68M in 2025 and 2026, and condition and course frontage, not square footage, decide where a house lands in that range.
Turn off Kanan Road onto Rayburn Street and the traffic noise simply stops. The street follows the North Ranch course, so the back of nearly every house looks across mown fairway, a lake on some lots, and the hills beyond. Mornings start with maintenance crews on the course; evenings end with the sun dropping behind the ridge. There is no gate and no guard, just one road, 33 houses, and golfers passing at a polite distance.
| Homes | 33 single-family homes on one street |
|---|---|
| Built | 1984 and 1985, with a few from 1983 to 1988 |
| Size | Mostly 3 to 4 bedrooms, about 2,500 to 3,300 square feet, plus a few expanded homes over 4,400 |
| Lots | About 5,000 to 18,000 square feet, with a few larger estate lots |
| Price range | About $1.23M to $2.68M in 2025 and 2026 |
| HOA | About $350 to $360 per quarter (roughly $120 a month), plus the Westlake North Ranch master association |
| Gated | No. Some homes have private gated courtyards |
| Schools | Westlake Hills Elementary, Colina Middle, Westlake High |
| City | City of Thousand Oaks, Westlake Village mailing address, Ventura County |
A street built around the golf course
Fairway Oaks is less a subdivision than a row of houses along the North Ranch Country Club course. The club is private, 27 holes designed by Ted Robinson across its Lakes, Valley and Oaks courses, and the homes on Rayburn Street sit right on it. Listings talk about the 6th fairway, fairway-and-lake views, and southwest-facing frontage, and those details genuinely set the price.
What you notice first is the landscaping. The street was laid out around mature oaks and a creek, and the bigger lots have real gardens and lawns. It is a low-key street. Nobody is here for amenities, because there are none beyond a greenbelt. People are here for the view, the quiet, and the sense of living on a golf course without the cost of a gated enclave.
We sell throughout North Ranch and the surrounding Westlake Village neighborhoods, and Fairway Oaks is the one we point to when a buyer wants course frontage at a lower entry point than the custom estates nearby. For a broader lay of the land, see our Westlake Village neighborhoods guide.
The homes: 1980s bones, heavily individualized
Most of Fairway Oaks went up in 1984 and 1985. The typical house is two stories, three or four bedrooms, somewhere between 2,500 and 3,300 square feet, with the primary suite upstairs and often a guest suite down. Smaller plans carry two-car garages. A handful of homes have been expanded well past 4,400 square feet, and a couple sit on lots approaching three quarters of an acre.
There is no single look to the street anymore. The originals were mid-1980s California traditional in feel, but four decades of remodeling have produced everything from untouched interiors to full contemporary rebuilds. One vacant course-frontage lot traded in early 2026, so expect at least one new build on the street in the next few years.
- Lot sizes run from roughly 5,000 square feet on the tighter plans to about 18,000 square feet, with a few larger.
- Views vary by siting: fairway only, fairway with lake, or fairway with mountains.
- Condition ranges from original to fully redone, and that gap explains the price spread below.
The later Masters Series homes on Canterbury, Saint Andrews, Southern Hills and the surrounding cul-de-sacs share the same association but were built in 1988 and 1989 and form a larger, separate group of streets. If you are comparing, treat them separately.
What it costs, and why the range is so wide
Fairway Oaks resales ran from about $1.23M to $2.68M in 2025 and 2026. That spread on a 33-home street is not noise. The low end is an original or lightly updated house, often on a smaller lot or with a less open view. The high end is a remodeled four-bedroom on a large lot with premium southwest course frontage. Asking prices on recent listings have sat in the mid $2M range for well-done three-bedroom homes with lake views.
The practical advice: price by remodel level and frontage, not by a per-square-foot number borrowed from elsewhere in North Ranch. A vacant lot on the course sold for about $707,000 in early 2026, which gives you a sense of what the land and the view alone are worth here.
For how these numbers sit against the rest of the city, see our Westlake Village home values page.
HOA, the master association, and the gate that is not there
Fairway Oaks has its own homeowners association, managed by Emmons Company, with dues of about $350 to $360 per quarter, which works out to roughly $120 a month. The dues cover greenbelt and common-area maintenance. There is no pool, no clubhouse and no guard in that number. You may see a listing quote $360 a month; that is the quarterly figure mis-keyed.
The street also sits inside the Westlake North Ranch property owners association, which is a second, separate layer. Confirm both sets of dues and both sets of rules before you write an offer, and order the full document package so you know the architectural review process, rental rules and any pending assessments.
Fairway Oaks is not gated. Some individual homes have gated courtyards or driveways, and one estate markets itself as gated, but that refers to the property, not the neighborhood. If a gate is on your must-have list, look elsewhere in North Ranch.
Living on the course also does not come with golf. North Ranch Country Club membership is private and separate, so budget for it on its own if you plan to play.
Schools
Fairway Oaks is in the Conejo Valley Unified School District and is assigned to Westlake Hills Elementary (K to 5, on Medicine Bow Court, with a GATE program), Colina Middle School and Westlake High School.
North Ranch sits near some district boundary seams, and CVUSD runs open enrollment, so verify the assignment for the specific house with the district before you rely on it.
Getting around and what is nearby
Access is simple: Westlake Boulevard to Kanan Road to Rayburn Street. The Promenade at Westlake Village, Stonehaus and the Westlake Yacht Club are commonly cited by local marketing as nearby.
Golf is the headline, but if you are not a member, Westlake Golf Course and Lindero Country Club are the alternatives named nearby. Neighboring tracts worth a look while you are here include Oak Place and High Country, both of which give you a feel for how North Ranch varies from street to street.
Who it suits, and what to check before buying
Fairway Oaks fits a buyer who values the view and the quiet over amenities, is comfortable with a 1980s house (or wants to remodel one), and does not need a gate. It works well for golfers who intend to join the club, for empty nesters who want a manageable lot with a big view, and for families assigned to Westlake High who do not want the price of a custom estate.
A few things we walk every buyer through here:
- Jurisdiction. The homes are inside the City of Thousand Oaks, in Ventura County, with a Westlake Village mailing address. Permits, code enforcement and city services come from Thousand Oaks, not the City of Westlake Village.
- Course frontage cuts both ways. Errant balls, early maintenance equipment, cart traffic and irrigation overspray are part of life. Read the title report for any course or open-space easement along the rear line.
- Age of systems. Unless replaced, roofs, windows, panels, plumbing and sewer laterals date to the mid 1980s. Inspect accordingly and price the difference.
- Protected oaks. Thousand Oaks regulates oak trees, and the mature oaks on these lots can limit what you remove or build near them. Confirm the current rules and permit process with the city before planning an addition.
- Two associations. Confirm dues, reserves and rules for both Fairway Oaks and the North Ranch master before you commit.
- Infill. With a vacant lot recently sold, you may live next to construction for a season.
Owning in Fairway Oaks
What a typical home costs to own
About $11,814/month
- Principal and interest$9,814
- Property tax (about 1.1% of price, Ventura County)$1,650
- HOA$350
Estimate for a $1.8M home, near the middle of the recent range here, with 20% down at 7.24% (30 year fixed, Freddie Mac, October 29, 2026). Homeowners insurance is extra and varies with fire zone, so get a quote early. Your lender's figures will differ.
Westlake Village market, latest data
- Median sale price$1.67M
- Change over 12 months+14.9%
- Typical days on market45
Citywide, three months ending May 2026. Westlake Village home values
Our experience here
We sell across this part of the Conejo Valley, including the neighborhoods around Fairway Oaks, and are glad to talk through how it compares.
Westlake Village home prices, the last five years
Questions people ask about Fairway Oaks
Is Fairway Oaks in Westlake Village a gated community?
No. Fairway Oaks is an open street with no community gate or guard. Some individual homes on Rayburn Street have private gated courtyards or driveways, and one estate is marketed as gated, but that refers to the single property. Buyers who need a gated neighborhood should look at other parts of North Ranch.
How much are HOA dues in Fairway Oaks?
The Fairway Oaks association, managed by Emmons Company, charges about $350 to $360 per quarter, roughly $120 a month, covering greenbelt and common-area upkeep. The street also sits inside the Westlake North Ranch master association, so confirm that second layer of dues directly before relying on a total monthly figure.
What do homes in Fairway Oaks cost?
Resales ran from about $1.23M to $2.68M in 2025 and 2026. The low end reflects original or lightly updated homes on smaller lots; the high end is a fully remodeled four-bedroom on a large lot with premium course frontage. Condition and view drive the price far more than square footage.
Which schools serve Fairway Oaks?
Fairway Oaks is in Conejo Valley Unified and is assigned to Westlake Hills Elementary, Colina Middle School and Westlake High School. North Ranch sits near some district boundary seams and the district allows open enrollment, so verify the assignment for the exact address with CVUSD.
Is Fairway Oaks in Thousand Oaks or Westlake Village?
Both, in a sense. The homes carry a Westlake Village mailing address in 91362, but they sit inside the City of Thousand Oaks in Ventura County. City permits, code enforcement and services come from Thousand Oaks, which surprises buyers who assume they are purchasing in the City of Westlake Village.
Does living in Fairway Oaks include North Ranch Country Club membership?
No. The homes back directly onto the North Ranch course, but the club is private and membership is entirely separate from home ownership. If you plan to play, contact the club about initiation and dues and budget for it on top of the purchase and association costs.
Thinking about Fairway Oaks?
Whether you are weighing a move here or wondering what your home would bring, Davis and the team are happy to talk it through, street by street. No obligation.
Sources
- City of Thousand Oaks HOA registry (Fairway Oaks and Westlake North Ranch POA)
- City of Thousand Oaks public parcel layer
- Conejo Valley USD elementary attendance boundaries
- Redfin sold data, North Ranch area
- PGA: North Ranch Country Club
- Golf Digest: North Ranch Country Club, Lakes course
- GreatSchools: Westlake Hills Elementary
- Coldwell Banker Rayburn Street listing (area context)
Facts checked October 2026.
