Hillcrest Terrace is a single cul-de-sac of 61 two-story condos tucked off East Hillcrest Drive in east Thousand Oaks, with a pool and spa, a one-car garage for most units and patios instead of yards. It suits first-time buyers and downsizers who want a Thousand Oaks address and Westlake High without a detached-house budget. Recent units sold for about $500K to $606K, with dues around $350 to $400 a month.
Turn off East Hillcrest Drive onto Gazania Court and you are in the whole community at once: one short street, 61 attached condos on 4.7 acres, with a shared pool and spa at the center. There are no gates and no long interior drives, just a cul-de-sac of two-story buildings a few blocks east of Conejo School Road. For the money, this is one of the simplest ways to own in Thousand Oaks.
| Homes | 61 attached condos on one cul-de-sac |
|---|---|
| Built | 1979 |
| Price range | About $500K to $606K in recent sales |
| Size | 1 to 3 bedrooms, roughly 920 to 1,210 sq ft |
| HOA | About $350 to $400 per month, with pool and spa |
| Gated | No |
| Parking | One-car garage plus an assigned space is typical |
| Schools | Conejo Academy, Colina Middle, Westlake High |
Life on Gazania Court
Hillcrest Terrace reads as a pocket, not a complex. Every unit sits on the same short court, the buildings are two stories, and the shared pool and spa are the gathering spot in summer. There are no gates and no long drive to your door, which is part of the appeal for people who want low upkeep and a small, contained street.
Private outdoor space is a patio rather than a yard. Some patios open straight onto the owner's parking, which is handy for groceries and bikes. Guest parking is worth asking about, as it is in most small communities from this era.
The setting is east Thousand Oaks, just east of Conejo School Road and next door to Hillcrest Park, with the rest of the Conejo Valley spread out along East Hillcrest Drive.
The Condos: Plans, Lofts and What Updates Look Like
All 61 units date to 1979 and run from one to three bedrooms, about 920 to 1,210 square feet. That is a step up in size from Hillcrest Park Condos nearby, at a price that is still near the floor for Thousand Oaks ownership.
- One-bedroom plans around 1,000 square feet with a bath and a half.
- Two-bedroom plans near 1,210 square feet, the biggest footprint seen in recent sales here.
- Three-bedroom plans around 1,120 square feet, the best bedroom count per dollar here.
Several plans are two stories, and some include a large loft and two living areas, which is why they can feel bigger than the square footage suggests. A one-car garage plus an assigned space is the usual parking package. Updated units show up at this price point: granite counters, shaker cabinets and removed acoustic ceilings appear in listings, and an original-condition unit is the one to negotiate on. Bedroom and bath counts sometimes differ between public records and listings, so verify from the actual unit.
Schools: Conejo Academy, Colina Middle and Westlake High
Hillcrest Terrace is zoned for Conejo Valley Unified. Elementary is Conejo Academy of Leadership and Language Immersion, a small public K through 5 campus on North Conejo School Road a few blocks west, with enrollment around 250 and a language immersion and leadership focus. Because it runs an immersion program, test-score comparisons are not apples to apples, so visit and judge the fit directly.
Middle school is Colina Middle and high school is Westlake High. Hillcrest Christian School, a private PK through 12 campus, is listed at about half a mile away. District boundaries can split nearby streets, so confirm the assignment for any specific unit with Conejo Valley Unified before you write an offer.
Four Hillcrests: Sorting Out the Neighbors
This corner of Thousand Oaks has four separate "Hillcrest" communities, each with its own association, dues and amenities: Hillcrest Terrace, Hillcrest Park, Hillcrest Gardens and Hillcrest Townhomes. Listings and comps get mixed up between them more often than you would expect, and a comp from the wrong one can be off by meaningful money.
If you are weighing attached options at this budget across the city, our guides to Fairoaks Townhomes and Warwick Townhouses are worth a read, and our Thousand Oaks neighborhoods index covers the rest.
Prices, Dues and What to Check Before You Buy
Recent recorded sales ran from about $500K to $606K, with a median near $539K. Three-bedroom units set the top of the range. Turnover is thin, roughly two sales a year in a 61-unit community, so a single transaction can swing the story and a patient buyer can wait for the right plan. For the broader picture, see our Thousand Oaks home values page.
Dues run about $350 to $400 a month, and the community has a pool and spa. Before removing contingencies, read the association's resale package closely for what dues actually cover, reserves, insurance and any planned assessments, and ask these 1979-specific questions:
- Plumbing and panels: whether the unit has been repiped and whether the electrical panel is original.
- Roofs and HVAC: what the association has replaced and when, and the age of the unit's system.
- Rules: rental caps, pet limits and patio modification rules, since the site is zoned residential planned development and exterior changes run through the association and the city.
- Insurance: get the master policy declaration early and price an HO-6 policy; California condo coverage has tightened.
Done right, this is a straightforward purchase: small association, simple buildings, Westlake High zoning and a price that still works for a first home in Thousand Oaks.
Owning in Hillcrest Terrace Condos
What a typical home costs to own
About $3,853/month
- Principal and interest$2,999
- Property tax (about 1.1% of price, Ventura County)$504
- HOA$350
Estimate for a $550K 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.
Thousand Oaks market, latest data
- Median sale price$1.13M
- Change over 12 months-5.0%
- Typical days on market34
Citywide, three months ending May 2026. Thousand Oaks home values
Our experience here
We sell across this part of the Conejo Valley, including the neighborhoods around Hillcrest Terrace Condos, and are glad to talk through how it compares.
Thousand Oaks home prices, the last five years
Questions people ask about Hillcrest Terrace Condos
How much do Hillcrest Terrace condos in Thousand Oaks cost?
Recent recorded sales ran about $500K to $606K, with a median near $539K. One-bedroom units sit at the lower end, and a three-bedroom plan set the top. Dues add roughly $350 to $400 a month, and the association is managed by GM Management.
Is Hillcrest Terrace gated?
No. Gazania Court is an open cul-de-sac off East Hillcrest Drive. The community is small, 61 units on one street over 4.7 acres, but there is no controlled access. Ask about guest parking rules in the association documents before you buy.
What schools serve Hillcrest Terrace?
Conejo Academy of Leadership and Language Immersion for elementary, Colina Middle School and Westlake High School, all in Conejo Valley Unified. Conejo Academy is a few blocks west on North Conejo School Road. Hillcrest Christian School, a private PK through 12 campus, is listed at about half a mile away.
Is Hillcrest Terrace the same as Hillcrest Park Condos?
No. They are nearby but separate communities with separate associations, tracts and dues. Hillcrest Terrace units are generally larger, about 920 to 1,210 square feet, which is the main reason buyers choose it over Hillcrest Park at a still modest price.
What should I know about buying a 1979 condo here?
Ask whether the unit has been repiped, whether the electrical panel is original, the age of the HVAC, and when the association last replaced roofs. Review reserves, the master insurance policy and any rental or pet rules in the resale package before removing contingencies.
Thinking about Hillcrest Terrace Condos?
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 (association, acreage, manager)
- City of Thousand Oaks parcel layer (unit count, year built)
- Conejo Valley Unified elementary attendance boundaries
- Conejo Valley Unified high school attendance boundaries
- California Department of Education, Conejo Academy profile
- Redfin sold records, Thousand Oaks
Facts checked October 2026.
