The Pederson Ranch house, built in 1913, is a Ventura County and Thousand Oaks Historical Landmark. This house originally was built for the Lars and Karn Pederson family, Norwegian immigrants who were part of a group in 1890 that settled in the Conejo Valley.

The nearby water tower, built at the same time, provided plumbing for the residence.

It was donated to CLU in 1967 and has been moved several times. It is now located at the corner of Regent Ave and Faculty Street in Thousand Oaks and is used by the school's music department.