1125 Spring Street, Oak View, California 93022, Oak View, 93022 - 4 bed, 4 bath
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1125 Spring Street
Oak View, California 93022
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
4Baths
3,992Sq Ft
90,604Lot Size
Property Price
LIST PRICE$2,295,000
EST. MARKET VALUE
$2,606,174
11% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a custom-built estate listed at $2,295,000—positioned well below the $2,606,174 Fair Market Value by 11%. This valuation gap offers $311,174 in Instant Equity. Featuring a 4-Condition Rating, the home offers a 2.08-acre lot, resort-style pool/spa, and panoramic mountain views. While the interior reflects its 1992 origins, the expansive layout and horse-zoned acreage provide significant upside for modernization. This estate is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential, private sanctuary.
Estimated Market Value
$2,606,174+$311,174 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oak View.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is meticulously maintained by the original owner but remains dated. The kitchen and bathrooms feature original oak cabinetry, older tile patterns, and 90s-era fixtures. While move-in ready and structurally sound with added solar, it meets the 'Fair' criteria due to its age (>20y) and the need for cosmetic updates to meet modern luxury standards.
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 = 90604, living area = 3992.
- Expansive Usable Acreage
The 2.08-acre flat lot is fully usable and zoned for horses, featuring over 60 tangerine trees and ample space for an ADU, barn, or guest house.
- Resort-Style Amenities
The outdoor space is a premier entertainer's oasis, featuring a pool with a water slide, a raised spa, and a covered pavilion with a BBQ area and changing room.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =90604, other record lot size in square feet = 91040.
- Dated Interior Elements
Built in 1992, the home may require cosmetic updates to its original finishes and fixtures to meet the expectations of modern luxury buyers.
- Multi-Level Bonus Space
While primarily single-level, the second-floor bonus room may be less accessible for buyers specifically seeking a strictly one-story living experience.
About 1125 Spring Street
Welcome to 1125 Spring Street, an exceptional custom-built estate situated within the highly sought-after Olivas Mesa Private Community enclave of just 10 distinguished homes. Offered for the first time by the original owner and builder, this property radiates true craftsmanship, meticulous care, and timeless design inside and out.Set on 2.08 flat, fully usable acres with 60+ tangerine trees, this single-level, nearly 4,000 sq. ft. residence combines refined country living with modern luxury. A grand circular driveway introduces the home, surrounded by lush landscaping, palm trees, and views of the majestic Ojai Valley and surrounding mountains.Inside, the formal entry leads to expansive living spaces highlighted by vaulted ceilings, a raised-hearth gas fireplace, and panoramic views. The entertainer's kitchen is designed for gatherings--featuring a large center island, custom cabinetry, breakfast and dinner area in kitchen along with a separate formal dining room. Additional spaces include a front den/study/piano room, second floor bonus/game room or guest suite, and a large laundry and utility room.The spacious primary suite comes with a large with a walk-in closet, walk-in shower stall, a separate oversized soaking tub and a private deck overlooking the Ojai valley--the perfect place to unwind and take in the sunset.Outdoors, the property becomes a resort-style oasis. Enjoy a sparkling pool with diving board and water slide, a raised spa, and a covered entertainer's pavilion complete with a changing room, BBQ area, and game zone. The manicured lawn, children's playhouse, and fenced pool area provide both beauty and peace of mind.With solar power, a three-car attached garage, and ample room for RV, trailer, or boat parking, this property offers space and flexibility rarely found in the Ojai Valley. Zoned for horses, there's room for a barn, stalls, corrals, or even an ADU or guest house.Located just 15 minutes to downtown Ojai, 15 minutes to Ventura's beaches, and less than an hour to Malibu or Santa Barbara, this home offers the best of both worlds--tranquil country living with easy access to coastal and city amenities.Experience the perfect balance of privacy, quality, and Ojai Valley beauty at this one-of-a-kind estate. Come own a piece of the majestic Ojai Valley.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 90,604 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $100.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 2.3 |
| Square foot | 3,992 | 1,697.55 |
| Lot Size | 90,604 | 19,525.4 |
| Price | $2.29M | $1.02M |
| Price per sq ft | $575 | $680 |
| Built year | 1992 | 1960 |
| HOA | $100.0 | $700 |
| Days on market | 17 | 50 |
Pricing History
Listed for Sale
Oct 7, 2026
$2,295,000
Initial Listing