Val d'Or is a small, no-dues pocket of about 110 late 1970s and early 1980s homes tucked off Olsen Road and Erbes Road in north Thousand Oaks, a short drive from Cal Lutheran and close to Sunset Hills Country Club. Most houses are four bedroom two story plans of roughly 2,100 to 2,500 square feet on lots near 9,000 square feet, and the quietest ones sit on the short courts off Heatherglow Street. Recent sales have run about $1.07M to $1.35M, with the median near $1.22M.
Turn off Olsen Road onto Heatherglow Street and the traffic noise drops away within a block. Val d'Or is one spine street and a set of short courts with names like Windrift, Dovetail and Springdale, no gate, no association and no dues, just houses on roomy lots with pools in a number of the backyards. It is the kind of place where the main decision on a Saturday is whether to walk the dog toward the golf course or the college.
| Homes | About 110 single family houses |
|---|---|
| Built | 1979 to 1981, with a few 1988 to 1990 infill homes |
| Size | 3 to 4 bedrooms, about 2,100 to 2,500 sq ft |
| Price range | About $1.07M to $1.35M in recent sales |
| HOA | None, the original association is disbanded |
| Gated | No |
| Lots | Around 9,000 sq ft on average |
| Schools | Weathersfield Elementary, Los Cerritos Middle, Thousand Oaks High |
Quiet courts between the college and the country club
Val d'Or sits in the north Thousand Oaks pocket where Erbes Road meets Olsen Road. California Lutheran University is a short drive along Olsen, and Sunset Hills Country Club is roughly a block up Erbes. The tract itself covers about 28 acres, so it is a compact, easily walked pocket.
Heatherglow Street is the spine. Off it run the courts, Pagent, Springdale, Windrift, Canfield, Faculty and Dovetail among them, plus short through streets like Windsong, Thistlewood, Cloudpeak and Larkhill. The courts are where the neighborhood is at its quietest, with little or no pass-through traffic. Homes that back to Olsen or Erbes hear the arterial traffic, which moves at 40 mph, so the interior courts carry a premium for good reason.
Next door is Summerfield, which neighbors describe as quiet and family oriented. The two blend together on the ground, and buyers usually look at both.
The homes: four bedroom two stories on roughly 9,000 square foot lots
Most of Val d'Or went up in two phases, 1979 and 1981, with a handful of infill houses added between 1988 and 1990. The typical house is a four bedroom two story of 2,100 to 2,500 square feet. A few smaller three bedroom single stories of around 1,800 square feet exist, and there are single story four bedroom plans in the 2,200 square foot range as well.
Lots run around 9,000 square feet, generous for the vintage. That space shows up as pools, patios and real side yards, and pools are common on the larger and corner lots. Solar retrofits appear on some resales.
Because the houses are forty-plus years old, the gap between an original and an updated one is wide. Plan on the usual late 1970s checklist during inspection: plumbing, electrical panel, roof age and windows. None of that is unusual, but it should shape your offer.
No HOA, and what that actually means
The original Val d'Or association is disbanded. There are no monthly dues, no architectural committee, no common areas and no management company. For many buyers that is the whole appeal: you can paint your house or add solar without asking anyone.
The flip side is that there is no shared pot of money either. Slopes, fences, street trees and anything else on your parcel are yours to maintain. We also suggest asking escrow to pull any CC&Rs still recorded on title, since old covenants sometimes survive the association that wrote them.
Schools: Weathersfield, Los Cerritos and Thousand Oaks High
Val d'Or is in Conejo Valley Unified and feeds Weathersfield Elementary, Los Cerritos Middle and Thousand Oaks High. Weathersfield is a K through 5 campus of about 430 students on Darlington Drive, rated 9 out of 10 by GreatSchools, with a gifted and talented program and strong attendance numbers. It is a big part of why families target this corner of town.
Boundaries can shift and the district allows transfers, so confirm the assignment for a specific address with CVUSD before you write an offer around it.
Getting around and what is nearby
This is a car neighborhood, with minimal transit and errands that require a drive from the Erbes and Olsen corner. Erbes Road is the main feed south toward Thousand Oaks Boulevard and the rest of the city, and Olsen Road runs past Cal Lutheran.
What you get in exchange is a calm, low density setting at the north edge of town, with the golf course and the college as your closest landmarks. If you want to compare it against other Conejo Valley pockets, our guides to Ridgecrest and West Hill are a good next read.
Who it suits, and what to know before you buy
Val d'Or fits buyers who want a four bedroom house with a yard and a pool, in the Weathersfield attendance area, without paying dues or living behind a gate. It is especially good for families who value a quiet court, and for anyone who wants the freedom to improve a house their own way.
Recent sales have run about $1.07M to $1.35M, with the median near $1.22M. Remodeled homes and pool homes sit at the top of that band; originals on the arterial edges sit at the bottom. A decade ago these same houses traded in the $500,000s and $600,000s, so the appreciation story mirrors the rest of north Thousand Oaks. You can see how that compares citywide in our Thousand Oaks home values report.
- Street matters. Pay more for an interior court; discount for backing to Olsen or Erbes.
- Inspect for age. Budget for plumbing, panel and roof items typical of 1979 to 1981 construction.
- No dues, no reserves. Maintenance is entirely on you.
- Name recognition is low. The Val d'Or name is not widely used for these homes, so searching by that name alone will miss inventory.
We sell across this part of the Conejo Valley and are happy to walk the streets with you. For the wider picture, start with our map of Thousand Oaks neighborhoods.
Owning in Val d'Or
What a typical home costs to own
About $7,483/month
- Principal and interest$6,406
- Property tax (about 1.1% of price, Ventura County)$1,077
- HOANone
Estimate for a $1.18M 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 Val d'Or, and are glad to talk through how it compares.
Thousand Oaks home prices, the last five years
Questions people ask about Val d'Or
Does Val d'Or have an HOA?
No. The original Val d'Or association is disbanded, so there are no monthly dues, no architectural review and no common areas. That gives owners a lot of freedom, but it also means slopes, fences and street trees are each homeowner's responsibility. Ask escrow to check whether any old CC&Rs remain recorded on title.
How much do homes in Val d'Or cost?
Recent sales have run about $1.07M to $1.35M, with the median close to $1.22M. Remodeled houses and pool homes reach the top of that range, while original condition homes near Olsen or Erbes sit toward the bottom.
What schools serve Val d'Or?
The neighborhood feeds Weathersfield Elementary, Los Cerritos Middle and Thousand Oaks High in Conejo Valley Unified. Weathersfield is a K through 5 school of about 430 students rated 9 out of 10 by GreatSchools, with a gifted and talented program. Confirm the assignment for any specific address with the district.
What kind of houses are in Val d'Or?
Mostly four bedroom two story homes of about 2,100 to 2,500 square feet built in 1979 and 1981, with a few 1988 to 1990 infill houses. Lots average roughly 9,000 square feet. A small number of single story plans exist, including three bedroom homes around 1,800 square feet.
Is Val d'Or gated?
No. Val d'Or is an open tract of public streets off Olsen Road and Erbes Road. The quietest homes are on the interior courts off Heatherglow Street, such as Windrift, Springdale, Canfield and Dovetail, which see almost no through traffic.
Where exactly is Val d'Or in Thousand Oaks?
It is in north Thousand Oaks near the corner of Erbes Road and Olsen Road, beside the Summerfield neighborhood. California Lutheran University is a short drive along Olsen, and Sunset Hills Country Club is about a block up Erbes. The neighborhood is in the 91360 area.
Thinking about Val d'Or?
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 (Val D'Or HOA, disbanded)
- City of Thousand Oaks public parcels layer
- Conejo Valley Unified elementary attendance boundaries
- GreatSchools: Weathersfield Elementary
- SchoolDigger: Weathersfield Elementary
- Thousand Oaks Municipal Code, speed limits on Erbes Road
- Walk Score: Erbes Road and E Olsen Road
- Redfin: Val D'Or neighborhood, Thousand Oaks
- City-Data: Val D'Or neighborhood profile
Facts checked October 2026.
