
Oak View, California 93022
This Custom-Built Ranch Estate is a High-Potential Investment Opportunity, listed at $1,900,000—positioned well below the $1,928,907 Fair Market Value by 1.5%. This valuation gap offers $28,907 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious 3,602-square-foot layout with Panoramic Mountain Views and extensive outbuildings. While the interior reflects its 1981 origins, the property provides a rare canvas for modernization. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private Ojai sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10681 Encino Drive Subject 4 bd · 4 ba · 3,602 sqft · $536 | $1,900,000* List Price | 4 | 4 | 3,602 | $536 | - |
A 49 Alto Drive Active 3 bd · 3 ba · 4,230 sqft · $507 · 1.0 mi | $2,145,000 List Price | 3 | 3 | 4,230 | $507 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old) with largely original interior finishes. While the home is exceptionally well-maintained and functional, the 1980s-era tile, wood paneling, and fixtures are dated. It requires cosmetic updates to the kitchen and baths, and likely system evaluations due to age, fitting the criteria for a property over 20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91476, living area = 3602.
The property features a 900-square-foot three-car garage, a detached studio, and a specialized two-bay RV garage, offering exceptional versatility for car collectors, hobbyists, or home-based professionals.
Set on 2.1 acres with direct access to adjacent riding and walking paths, this estate provides a rare opportunity for equestrian enthusiasts to enjoy Ojai's natural beauty and an active outdoor lifestyle.
The property carries a $700 association fee, which represents a significant recurring monthly expense compared to other rural residential properties in the area.
Built in 1981 and marketed as an opportunity to 'create your own sanctuary,' the home may require additional capital investment for cosmetic or system upgrades to meet contemporary luxury standards.
Set on 2.1 acres of peaceful countryside with equestrian and walking paths adjacent to the property. This custom-built, single-level ranch estate presents an exceptional opportunity to create your own private Ojai retreat. The impressive 3,602-square-foot residence features stunning mountain views, four spacious bedrooms, including two generously sized en-suite bedrooms, three and a half bathrooms, soaring vaulted ceilings, and an inviting open floor plan designed for effortless indoor-outdoor living.Beyond the main residence, an oversized 900-square-foot three-car garage, a detached studio ideal for a creative retreat, home office, or fitness space, and an impressive two-bay RV garage with soaring ceilings provide exceptional versatility for car collectors, outdoor enthusiasts, and hobbyists alike.The expansive grounds offer endless possibilities for equestrian amenities with scenic riding and walking paths just steps away. The property offers an ideal setting for those seeking an active outdoor lifestyle surrounded by Ojai's natural beauty.Ideally situated just minutes from downtown Ojai. A rare opportunity to enjoy exceptional acreage, privacy, and the freedom to create your own Ojai sanctuary!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 2.3 |
| Square foot | 3,602 | 1,697.55 |
| Lot Size | 91,476 | 19,525.4 |
| Price | $1.90M | $1.02M |
| Price per sq ft | $527 | $680 |
| Built year | 1981 | 1960 |
| HOA | $700.0 | $700 |
| Days on market | 9 | 50 |
Oct 15, 2026
$1,900,000
Initial Listing