Townhomes have become one of the most practical ways to enjoy Conejo Valley living. You get the perks of homeownership often at a much lower cost, without the constant upkeep that comes with a large yard or older single-family home.
But townhomes get a bad rap sometimes. Whether it’s the HOA fees or the common misbelief that townhomes don’t appreciate much, many home buyers rule them out as they begin their home search.
But for many, that may be a mistake.
Having lived in both single family homes and townhomes, I can attest first hand that there are some notable benefits to choosing a townhome.
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Townhome vs Single Family Home – Key Benefits
Lower Maintenance Costs – In most townhome communities, you’re responsible for the space between the walls – the HOA owns the structure. That means big-ticket items like roof repairs, exterior paint, and landscaping are typically covered by the HOA keeping your expenses in check.
Affordability – Conejo Valley single family homes don’t come cheap. Most are over $1M and many of those that are under $1M need major updating and repairs. Fortunately, the Conejo Valley has many townhome communities that are much more affordable and provide a great way to get into the market and start building equity.
Price Appreciation – Contrary to common beliefs, townhomes do appreciate similarly to single family homes. With the high demand to live in the Conejo Valley, and the affordability issues that come with living here, townhomes are always highly sought after which drives prices up.
Community Amenities – One of the best perks of townhome living is access to shared amenities. Most communities include a pool and spa, while others go a step further with tennis courts, fitness centers, clubhouses, or playgrounds.
Modern Layouts – Many Conejo Valley townhome communities were built in the 1980s and beyond, featuring high ceilings, open-concept kitchens, and a clean, modern design. Compared to older single-family homes at similar price points, townhomes often feel brighter, more functional, and easier to maintain.
But…there are some possible downsides of a townhome to keep in mind:
- Less freedom to do what you want with your home.
- Potential noise and parking concerns.
- HOA fees and special assessments that can get expensive.
For many, the affordability and convenience of a townhome is enough to outweigh the potential downsides.
A Note About the Current State of HOAs: Over the past few years, many townhome communities have faced financial challenges as maintenance costs and insurance premiums have surged. Some HOAs have found themselves underinsured or short on reserves, leading to higher monthly dues and, in some cases, special assessments to cover big-ticket repairs.
A few HOAs were hit hard enough that getting a conventional loan isn’t possible until they right the ship. The good news is that it appears that the worst is behind us and the hikes and assessments may begin to subside. But this issue is something to be aware of as you consider your home purchase. Read: HOAs – Benefit or Expense?
Best Townhome Communities in the Conejo Valley
With estimates of more than fifty townhome communities in the Conejo Valley, narrowing down the best ones takes years of experience touring the homes and listening to homebuyer feedback.
I’ve taken that feedback and sorted the best communities into 3 categories:
- Getting Started – Great starter homes in solid locations that appreciate in value without breaking the bank – with the risk that you may outgrow it in the near future.
- Sweet Spot – A large chunk of our townhome communities fall into this category. These are the townhomes that end up being forever homes for many. They offer both the benefits of a townhome with a lot of the comforts of a single family home.
- Living Large – Reserved for the lucky few, this small cohort of luxury townhomes are often the choice of those looking to downsize from the estate house to something more manageable without having to compromise.
Let’s dive into our Best Conejo Valley Townhome Communities
Getting Started
Village Green | Westlake Village – Sitting in the heart of Westlake Village, Village Green (and its sister community Village Glen) are right across the street to some of Westlake Village’s best shopping and restaurants.
Shadow Oaks | Oak Park – Oak Park is known for its open surroundings and excellent schools. Shadow Oaks is a great place to get settled into the community. It’s a bit unique to find a garage at this price point, but Shadow Oaks has them.
Northwood Townhomes | Thousand Oaks – You get a lot of bang for your buck here. The homes are large and offer more of a single family vibe to them. Plus, you’ll often have a legit yard too.
Honorable Mentions: Wildwood, Thousand Oaks, | Annandale, Agoura Hills | Country Vista, Oak Park
The Sweet Spot
Hidden Canyon Townhomes | Westlake Village – Sitting up on the hill and close to the action, this go-to community is always a top choice for those looking to move to Westlake Village. Open floor plans and three community pools – there’s a reason a lot of people choose to live here.
Capri Townhomes | Oak Park – Excellent location right next to the elementary school and local parks. Capri checks a lot of boxes for a lot of home buyers. Plus it has great amenities and open floor plans. Perfect kid-friendly community.
Oakview Gardens Townhomes | Agoura Hills – These duplex homes are big – up to 2k sqft. They give you the feeling of a single family home without the sticker shock. The backyards are full, offering some breathing room and the greenbelts lead to the community pool.
Honorable Mentions: The Colony, Westlake Village | Aldea Townhomes, Newbury Park | Chateau Park Townhomes, Agoura Hills
Living Large
Kensington Park Townhomes | Westlake Village – Set behind the gates, the community has a distinct aesthetic that feels distant, yet sits walking distance to parks and shopping. The homes are light and bright and the curb appeal strikes a chord with a variety of buyers.
Stoneybrook Townhomes | Westlake Village – You really can’t beat the location. The Stonehaus Winery sits on one side and the Westlake Plaza on the other. Walkability is huge here, not to mention the exquisite grounds.
Fairgreen Townhomes | Westlake Village – Smack dab in the middle of North Ranch, these modern townhomes come in two floorplans: the single-story model, or the two story plan. Low maintenance living with golf course views – an ideal combo for many.
Honorable Mentions: Westlake Pointe, Westlake Village | Canyon Cove Duplexes, Oak Park | Braemar Townhomes, Westlake Village | Westlake Cove, Westlake Village
Is a Townhome in Your Future?
Townhomes might not be for everyone, but for the right homebuyer, they offer the perfect mix of comfort, convenience, and community.
From townhome communities in Westlake Village and Thousand Oaks to Oak Park, Agoura Hills, and Newbury Park, there’s a neighborhood that fits just about every lifestyle.
If you’re not sure which community is right for you, I’ve personally toured nearly all of them – reach out anytime and I’ll help you narrow it down to the one that feels like home.
