Endless possibilities await on this five-acre property with 6br/4bth MAIN HOME and separate 3br/1bth GUEST QUARTERS. Property is currently being subdivided into THREE SEPARATE PARCELS. Ranch-style home and oversize pool are located on approximately one acre with two separate buildable lots. This is the perfect opportunity to create a gated family compound, build exclusive custom spec homes, or perhaps open an assisted living facility with nine total bedrooms and more land for development. Approximately four acres of open space is ideal for horses. Enjoy all the amenities of contemporary Thousand Oaks and the privacy and tranquility this five acre property has to offer. The 1960's home is not subject to neighborhood HOA rules.