Big Moves in Camarillo: The Costco Construction Update
If you’ve driven past the Camarillo Town Center lately, you’ve likely seen the massive progress at the west end of the 101 Freeway. The highly anticipated 163,000-square-foot Costco is taking shape, and it’s doing more than just changing the skyline—it’s shifting the local real estate market.
Located just east of Springville Drive and west of Home Depot, this new hub is set to feature:
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A state-of-the-art 32-pump gas station.
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A full-service tire center, bakery, pharmacy, and food court.
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Over 900 parking spaces to accommodate the growing Ventura County membership.
How the "Costco Effect" Impacts You
In real estate, we look at "anchor" amenities. Studies often show that proximity to a major retailer like Costco can correlate with a 5% to 8% increase in property values over time. For Camarillo homeowners, this development signals long-term stability and increased desirability for the West Camarillo area.
Neighborhood Spotlight: Where to Buy Near the New Hub
With the construction nearing completion in 2026, buyers are specifically targeting homes within a 2-mile radius to balance convenience with the peace of suburban living. Key communities to watch include:
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Palmera by Williams Homes: Resort-style townhomes that are perfectly positioned for high-end convenience.
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Cortona by Lennar: Modern new construction offerings that are seeing high demand from families.
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Anacapa Canyon: Providing a mix of modern architecture and easy freeway access.
Is Now the Time to Sell?
Increased infrastructure usually leads to increased buyer demand. As the opening date approaches, we are seeing a "halo effect" where local listings are highlighting their proximity to the new shopping center as a premium feature.
Thinking of buying or selling in the "Costco Zone"? Whether you're looking for a new construction home in Palmera or a classic single-family home in the surrounding neighborhoods, now is the time to track your home's value.
