11993 Macdonald Drive, Ojai, California 93023, Ojai, 93023 - 5 bed, 4 bath
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Ojai, California 93023
This Luxury Gated Estate is a High-Potential Investment Opportunity, listed at $2,695,000—positioned well below the $2,825,124 Fair Market Value by 4%. This valuation gap provides $130,124 in Instant Equity. Boasting a Good Condition Rating, the single-story residence features a private pool, tennis court, and mountain views on a 2-acre lot near Ojai Unified schools. Located in the prestigious Rancho Matilija community, this turnkey home offers immediate lifestyle luxury. It is an ideal acquisition for lifestyle-oriented buyers or discerning families.
Property is move-in ready.
Built in 1987, this property is in move-in ready condition and has been well-maintained with several modern updates. The interior features polished hardwood flooring, recessed lighting, and updated light fixtures. The primary suite includes a renovated bathroom with contemporary stone tiling. The outdoor living space is a highlight, featuring a high-end gazebo with wood ceilings, heaters, and lighting, alongside a well-kept pool and tennis court. While some elements like the terracotta tile and wood-framed sliders reflect the original build period, the overall quality and lack of deferred maintenance align with the 'good' classification.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 89298, living area = 3790.
The expansive 2-acre lot is fully equipped for luxury living with a private pool, a tennis court, and a sophisticated outdoor gazebo featuring lighting and heaters for year-round alfresco dining.
The 3,790 sqft floor plan is thoughtfully designed with a split-wing configuration, offering a private primary suite with a dedicated office separate from the additional guest bedrooms.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1987, the property may require aesthetic updates or system modernizations to meet the expectations of buyers looking for contemporary luxury finishes.
The extensive grounds, including the pool, tennis court, and orchard space, will require significant ongoing maintenance and utility costs to keep in peak condition.
Located in the gated community of Rancho Matilija, minutes from Lake Casitas, this 5 bedroom 4 bath pool home features over 3700 sqft of living space on 2 full acres of land. An inviting floor plan with a primary suite with its own office and an additional bedroom on one wing and 3 full bedrooms on the other wing. This single story spacious floor-plan features a bright and airy kitchen that opens to the dining and living rooms. A perfect blend of indoor/outdoor living with a generous covered gazebo equipped with lighting and heaters to take advantage of alfresco dining near the outdoor BBQ area. You also have a private pool, tennis court, raised garden beds and plenty of room to garden or plant your own orchard. Additional features include an oversized four car garage, ideal for an auto enthusiast or extra space for a gym or art room. With easy access to downtown Ojai and Ventura, this private gated home has everything you need to entertain or just relax and enjoy the Ojai lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 4.0 | 2.5 | 78% |
| Square foot | 3,790 | 1,795 | 93% |
| Lot Size | 89,298 | 10,889.5 | 93% |
| Price | $2.69M | $1.26M | 87% |
| Price per sq ft | $711 | $716 | 46% |
| Built year | 1987 | 1961 | 82% |
| HOA | $450.0 | $0 | 99% |
| Days on market | 15 | 166 | 4% |
Apr 7, 2026
$2,695,000
Initial Listing
Jul 11, 2014
$1,320,000
Public Record
Aug 1, 1996
$630,500
Public Record