Are you wondering if you’re on track to retire someday?

According to Intuit, “69% of people say today’s financial environment makes it tough to plan for the future, and 68% aren’t sure they’ll ever be able to retire.” That uncertainty has many Conejo Valley residents looking beyond traditional retirement savings and exploring new ways to create financial stability and long-term income.

For many, real estate is the answer.

Why Are Buyers in Conejo Valley Investing in Second Homes?

If you’re in Westlake Village, Thousand Oaks, Agoura Hills, Newbury Park, or Simi Valley, and you’ve been thinking about how to build wealth for retirement, buying a second home in Conejo Valley could be a smart long-term strategy. Here's what it can offer:

  • Build wealth over time: “As home prices rise through the years, your second home should grow in value and increase your net worth.”

  • Generate extra income: “Renting the home could bring in some extra income you can add to your existing retirement savings.” Just remember that part of this income may go toward mortgage payments and maintenance.

  • Profit in the future: “You may decide to sell the second home down the road and use the profit from that sale to give your retirement funds a boost.”

  • Diversify your financial assets: “Real estate offers a tangible asset that can help reduce your dependence on just stocks or savings, making your overall financial picture more stable.”

Do You Need To Be a Big-Time Investor To Buy a Second Property?

It’s easy to assume that owning more than one property is only for wealthy investors, but the data tells a different story. As shared by BatchData and CJ Patrick Company:

85% of people who own more than one property have just 1 to 5 homes.”

In other words, most second-home buyers in Conejo Valley are everyday people, not corporations or large-scale investors. They’re local families, couples, and retirees using smart real estate strategies to plan for the future.

Why Now Might Be a Great Time for Buyers in Conejo Valley

The current market conditions in Conejo Valley—including more available inventory, motivated sellers, and increased price cuts—are creating new opportunities for buyers. According to Danielle Hale, Chief Economist at Realtor.com:

“. . . the balance of power in the housing market keeps shifting in favor of homebuyers. . . A confluence of factors—including more homes for sale, rising price cuts, and slower-moving inventory—is giving buyers more leverage than they've had in years . . .”

If home values in your area are projected to rise, now might be the perfect time to purchase a second property in Thousand Oaks or Westlake Village, either to rent out or sell later for profit.

How To Get Started with Buying a Second Home

If this idea interests you, your next move is to build a strong support team. We recommend connecting with:

At Lydia Gable Realty Group, we’ve helped many buyers in Agoura Hills, Newbury Park, and Simi Valley make informed, confident decisions about second home purchases.

Bottom Line

Let’s talk about what’s possible. Owning a second home in Conejo Valley could help you retire sooner—or at least with more peace of mind.

If a second property could give you more freedom in retirement, would you take a closer look?