10980 N Ventura Avenue, Oak View, California 93022, Oak View, 93022 - 3 bed, 4 bath

10980 N Ventura Avenue
Oak View, California 93022
Property Price
SUMMARY
Analysis of 10980 N Ventura Avenue, Oak View, California 93022 is currently available with a list price of $1,550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oak View 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1988, the property shows signs of being well-maintained but largely original or last renovated 15-30 years ago. The kitchen features oak cabinetry, black countertops (described as onyx marble, but visually dated), and appliances that appear to be older stainless steel models, not current premium. The bathrooms also exhibit dated tile work, fixtures, and vanity styles (e.g., the curved vanity in one bath). While the hardwood floors are in good condition, other areas have older tile and carpet. The description explicitly states it 'offers a fantastic opportunity for updates and personalizing,' confirming it's not move-in ready with modern aesthetics. Major systems are likely original or nearing the end of their lifespan due to the age of the property.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 245678, living area = 4232.
- Panoramic Lake & Valley Views
The property boasts breathtaking, unobstructed views of Lake Casitas and the surrounding valley from its private hilltop sanctuary, significantly enhancing its desirability and value.
- Expansive Acreage & Privacy
Situated on a generous 5.64-acre lot across two parcels, the estate offers exceptional privacy and potential for further development or extensive landscaping.
CONSRISKS & DEFICIENCIES
- Opportunity for Updates & Personalization
While well-maintained, the home offers a significant opportunity for updates and personalization, suggesting that a buyer may need to invest further to align it with modern aesthetics or specific preferences.
- Recent Price Reduction
A notable price reduction from the original $1.75M to $1.55M indicates potential initial overpricing or a need to stimulate buyer interest in the current market.
- Potential for System Updates (Age)
Built in 1988, the property's age suggests that major systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring future capital expenditures for maintenance or replacement.
About 10980 N Ventura Avenue
Custom-Built Estate with Unmatched Lake Casitas Views on 5.64 Acres.Welcome to your private hilltop sanctuary, where breathtaking, unobstructed views of Lake Casitas and the surrounding valley stretch as far as the eye can see. This expansive, custom-built estate offers approximately 4,232 sq. ft. of thoughtfully designed living space, nestled on 5.64 acres across two parcels. Designed for both grand entertaining and comfortable day to day living, the home features two spacious primary suites, one on each level, a dramatic great room with soaring 20-foot vaulted ceilings, and a generous upstairs loft offering sweeping panoramic views.Inside, you'll find timeless design and quality finishes, including hardwood and custom tile flooring, onyx marble kitchen countertops, and premium appliances. While the home has been well cared for, it offers a fantastic opportunity for updates and personalizing, making it a perfect canvas to create your dream estate. The open-concept chef's kitchen flows seamlessly into multiple entertaining areas, including a game room with full bar. For wellness and relaxation, enjoy a dedicated spa-inspired exercise room with its own sauna. Downstairs, the finished lower garage level adds approximately 980 sq. ft. of flexible space, ideal for a studio, workshop, gym, or additional living quarters. This one-of-a-kind property blends privacy, scale, and opportunity like few others in the area. With a little vision and updating, it could become a true showpiece.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 245,678.406 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 4,232 | 1,538.5 | 92% |
| Lot Size | 245,678.406 | 11,325 | 96% |
| Price | $1.55M | $1.02M | 88% |
| Price per sq ft | $366 | $711 | 4% |
| Built year | 1988 | 1962 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 270 | 198 | 85% |
Pricing History
Listed for Sale
Sep 14, 2025
$1,550,000
$1,750,000
-11% Price Drop
Initial Listing
Price Change
Jun 10, 2025
$1,750,000
Initial Listing

















































