109 S Dunning, Ventura, California 93003, Ventura, 93003 - 3 bed, 3 bath

109 S Dunning, Ventura, California 93003 home-pic-0

109 S Dunning

Ventura, California 93003

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,600Sq Ft
6,098Lot Size

Property Price

LIST PRICE$1,470,000
EST. MARKET VALUE
$1,289,716
13% AboveMARKET VALUE

SUMMARY

Analysis of 109 S Dunning, Ventura, California 93003 reveals a property with a current list price of $1,470,000, which is 13% above the estimated $1,289,716 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ventura Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,289,716
Based on Realkey algorithm analyzing recent comparable sales in Ventura.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
109 S Dunning
Subject
$1,470,000*
List Price
331,600$806-
A
2418 Lexington Drive
Sold
$1,081,500321,402$7710.8 mi
B
209 Dorothy Avenue
Sold
$1,295,000321,790$7230.6 mi
C
69 S Seaward Avenue
Sold
$1,100,000321,368$8040.9 mi
D
36 Varsity Court
Sold
$1,100,000321,411$7801.0 mi
E
130 132 Virginia Drive
Active
$1,349,000
List Price
322,037$6620.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property is a 2025 complete 'studs-up' reconstruction, effectively functioning as a brand-new home. It features entirely new electrical systems, panels, windows, and high-end finishes throughout. The kitchen and bathrooms have been fully redesigned with modern, quality materials, and all major systems are new, meeting the highest current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Comprehensive Modern Rebuild

    Completely rebuilt from the studs in 2025, this home offers the reliability of brand-new electrical, windows, and finishes while masterfully preserving its authentic 1929 Spanish Colonial character.

  • Significant Value-Add Potential

    The property features a large lot with specific opportunities to add an Accessory Dwelling Unit (ADU) and a rooftop deck over the garage, providing a clear path for future equity and square footage growth.

  • Prime Midtown Location

    Situated in the sought-after Midtown District, the home is just two miles from Ventura's beaches and within walking distance of the city's premier dining, boutique shopping, and historic downtown.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 842. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Premium Price per Square Foot

    At 1,600 square feet for a $1.47M asking price, the property carries a high price-per-square-foot valuation that may challenge buyers seeking more interior volume for their investment.

  • Market Pricing Volatility

    The history of multiple price reductions since the initial listing suggests the property is facing market resistance, which could impact buyer perception of value and urgency.

About 109 S Dunning

SELLER OFFERING FINANCING AS LOW AS 4.5%!!* Spanish charm meets modern living! Just 2 miles from Ventura's sandy beaches, this one of a kind Spanish style home has been completely rebuilt from the studs up - blending timeless 1929 character with today's modern comforts. Step through the new front door into a bright, open interior featuring new electrical system, new electric panel, ne windows and all new finishes throughout. The kitchen and bathrooms have been beautifully redesigned with quality materials and thoughtful details, while the nearly 100 year old fireplace anchors the living space with authentic Spanish Colonial charm. Every element has been reimagined to honor the homes heritage - from its arches lines and brass mailbox to the front and rear porches perfect for enjoying Ventura's coastal breeze. Outside, the large backyard features a lush lawn and an organic garden area, offering space for play, relaxation and entertaining. Located in Ventura's sought after Midtown District, you're moments from the city's best dining, boutique shopping and local culture - and just minutes to the beach, marina and historic downtown. This is a rare opportunity to own what feels like a brand-new home that celebrates the soul of old Ventura. New owner has opportunity to add a rooftop deck on top of garage and an ADU to fully maximize the property! * Seller willing to credit up to 40k to buy rate down - as of 2/27 confirming rate would be 4.5% and high balance rate would be 4.875%.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2025
Lot Size
6,098 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Ventura Unified Schools

Blanche Reynolds Elementary School

Grades K-5 • 0.4 mi

4/10

Loma Vista Elementary School

Grades K-5 • 0.5 mi

7/10

Cabrillo Middle School

Grades 6-8 • 1.7 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
59%
Square foot1,6001,685
44%
Lot Size6,0986,969
38%
Price$1.47M$930.0K
89%
Price per sq ft$919$573
97%
Built year20251964
98%
HOA$0$0
50%
Days on market115166
23%

Pricing History

Listed for Sale

Feb 26, 2026

$1,470,000

$1,475,000

+0% Price Increase

Initial Listing

Price Change

Jan 31, 2026

$1,475,000

$1,595,000

-8% Price Drop

Initial Listing

Price Change

Nov 12, 2025

$1,595,000

Initial Listing

Sold

Mar 22, 2024

$685,000

Public Record

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