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1177 Norwich Lane, Ventura, California 93001, Ventura, 93001 - 4 bed, 5 bath

1177 Norwich Lane, Ventura, California 93001 home-pic-0
ACTIVE$3,250,000
1177 Norwich Lane, Ventura, California 93001
4Beds
5Baths
3,499Sqft
3,848Lot
Year Built
2022
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$929
HOA
-
Days on market
-
Sold On
-
MLS number
SR25024240
Home ConditionExcellent
Features
Excellent View: Coastline, Courtyard, Hills, Mountain(s), Neighborhood, Ocean, Water
ViewCoastline, Courtyard, Hills, Mountain(s), Neighborhood, Ocean, Water

About this home

We found 4 Cons,5 Pros. Rank: price - $3.25M(94th), sqft - 3499(90th), beds - 4(65th), baths - 5(96th).

Days on market are not accurate as seller had an unexpected health issue that required the property to be removed from showings/market for over 180 days. Property is new construction & being sold by owner/builder with numerous upgrades. Property was appraised above current list price. This is one of the only new construction properties with ocean & mountain views, an elevator, dual kitchens and one-of-a-kind upgrades that is on the market especially at this price. Private cul-de-sac with beach access is only steps away, fall asleep listening to the waves crashing on the shore. This is the perfect beach home and set up is ideal for friends and extended family. Property can be sold fully furnished for an additional $200K. Contact listing agent for further details. Short escrow can be accommodated

Nearby schools

7/10
Pierpont Elementary School
Public,•K-5•0.1mi
6/10
Cabrillo Middle School
Public,•6-8•1.5mi
6/10
Ventura High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
12/18/25
Price Change
$3,250,000+8.3%
08/29/25
Price Change
$3,000,000-7.7%
02/14/25
$3,250,000
Condition Rating
Excellent
This property is new construction, built in 2022, and features extensive, high-end upgrades throughout. The images confirm a pristine condition with modern aesthetics, including dual kitchens equipped with top-of-the-line stainless steel appliances, sleek cabinetry, and contemporary countertops. Bathrooms are luxurious with floating vanities, large walk-in showers, freestanding tubs, and modern tiling. Flooring consists of new hardwood and large-format tile. All light fixtures are modern, and the property boasts an elevator and custom closet systems, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

New Construction & Custom Upgrades: Built in 2022, this is a new construction property featuring numerous and one-of-a-kind upgrades, offering modern design and minimal immediate maintenance.
Premium Views: The property boasts desirable ocean and mountain views, enhancing its aesthetic appeal and value.
Exceptional Amenities: Includes a private elevator and dual kitchens, providing luxury, accessibility, and versatility for entertaining or multi-generational living.
Prime Beachfront Location: Situated on a private cul-de-sac with beach access just steps away, offering the quintessential beach living experience with the sound of crashing waves.
Appraised Value & Flexibility: The property was appraised above the current list price, suggesting good value, and offers flexibility with a short escrow option.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3848, living area = 3499.
High Price Point & Limited Buyer Pool: The luxury price tag of $3.25 million significantly narrows the potential buyer demographic.
Potential for High Operating Costs: As a high-value, new construction beach home, expect substantial property taxes, insurance premiums (especially for coastal proximity), and ongoing maintenance costs for specialized features like an elevator.
Owner/Builder Sale: Being sold by the owner/builder, some buyers might prefer the established warranties and post-sale support typically offered by larger, professional development companies.

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