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

109 S Dunning
Ventura, California 93003
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 109 S Dunning Subject | $1,470,000* List Price | 3 | 3 | 1,600 | $806 | - |
A 2418 Lexington Drive Sold | $1,081,500 | 3 | 2 | 1,402 | $771 | 0.8 mi |
B 209 Dorothy Avenue Sold | $1,295,000 | 3 | 2 | 1,790 | $723 | 0.6 mi |
C 69 S Seaward Avenue Sold | $1,100,000 | 3 | 2 | 1,368 | $804 | 0.9 mi |
D 36 Varsity Court Sold | $1,100,000 | 3 | 2 | 1,411 | $780 | 1.0 mi |
E 130 132 Virginia Drive Active | $1,349,000 List Price | 3 | 2 | 2,037 | $662 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Loma Vista Elementary School
Grades K-5 • 0.5 mi
Cabrillo Middle School
Grades 6-8 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,600 | 1,685 | 44% |
| Lot Size | 6,098 | 6,969 | 38% |
| Price | $1.47M | $930.0K | 89% |
| Price per sq ft | $919 | $573 | 97% |
| Built year | 2025 | 1964 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 166 | 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


































