1074 Colina Vista, Ventura, California 93003, Ventura, 93003 - 4 bed, 3 bath
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Ventura, California 93003
This Mid-Century Value-Add Asset is listed at $1,429,000, positioned above the $1,269,703 Fair Market Value. The property’s Condition Rating of 4 and original 1962 finishes offer a clear path for forced appreciation, though a high existing mortgage balance may limit negotiation flexibility. Featuring an expansive 16,406 Sq. Ft. Lot and Panoramic Hillside Views, the site provides a premium canvas for modernization. Located near Poinsettia Elementary, this is a strategic acquisition for Value-Add Investors or Contractors seeking a high-upside project in Ventura’s prestigious Ondulando neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1074 Colina Vista Subject | $1,429,000* List Price | 4 | 3 | 1,971 | $640 | - |
A 940 Via Arroyo Sold | $1,400,000 | 4 | 3 | 2,397 | $584 | 0.3 mi |
B 691 Via Ondulando Sold | $1,170,000 | 3 | 2 | 1,923 | $608 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962 and described as being in original condition, the home has been well-maintained but is significantly outdated. While it features some minor updates such as stainless steel kitchen appliances and laminate flooring, the bathrooms and overall interior styling require comprehensive modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16406, living area = 1971.
Situated in the prestigious Ondulando neighborhood, the property boasts sweeping eastern views of the valley and hills, providing a serene and high-value backdrop.
The generous 16,406 sq ft lot offers significant outdoor space, privacy, and ample room for potential expansions or luxury landscaping projects.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16406, other record lot size in square feet = 16117.
The home has been maintained in its original 1962 state, necessitating a substantial budget for modernizing the interior, systems, and fixtures to meet current market standards.
With a high existing mortgage balance of $1.25 million against a $1.429 million list price, there may be restricted flexibility for price negotiations or seller concessions.
A classic 4-bed, 2.5-bath Ondulando home with sweeping eastern views and endless potential. Built in 1962 and maintained in original condition, this property sits on a generous 16,406 sq ft lot with a two-car garage, ample on-site parking, and a welcoming living room with a fireplace. A rare opportunity to update a well-loved home in one of Ventura's most desirable hillside neighborhoods. There is a high balance on the current mortgage of $1.25 million
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 2.9 mi
Grades 6-8 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,971 | 1,681 | 68% |
| Lot Size | 16,406 | 6,969 | 92% |
| Price | $1.43M | $970.0K | 85% |
| Price per sq ft | $725 | $595 | 70% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 128 | 13% |
Apr 11, 2026
$1,429,000
Initial Listing