
Ojai, California 93023
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $1,200,000—positioned slightly above the $1,184,090 Fair Market Value. While priced at market, the property offers significant long-term upside through its 9,600 sq. ft. lot and ADU potential. Featuring a Condition Rating of 3, the home includes modern updates like wood-look tile and a mini-split system. The seller’s offer to carry a second mortgage provides a unique financial advantage for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready Ojai property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1275 Mariano Drive Subject 5 bd · 2 ba · 2,054 sqft · $576 | $1,200,000* List Price | 5 | 2 | 2,054 | $576 | - |
A 1264 Ferrara Drive Sold 4 bd · 3 ba · 1,667 sqft · $576 · 0.2 mi | $960,000 | 4 | 3 | 1,667 | $576 | 0.2 mi |
B 11604 N Ventura Avenue Sold 3 bd · 2 ba · 1,694 sqft · $684 · 0.8 mi | $1,158,000 | 3 | 2 | 1,694 | $684 | 0.8 mi |
C 1284 Ferrara Drive Active 3 bd · 3 ba · 2,141 sqft · $588 · 0.2 mi | $1,259,000 List Price | 3 | 3 | 2,141 | $588 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1961, the home has been well-maintained and updated with modern finishes. Features include wood-look tile flooring, stainless steel kitchen appliances, an updated bathroom vanity with quartz countertops, and a mini-split HVAC system in the bonus room. The property is clean, functional, and entirely move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9600, living area = 2054.
With five bedrooms and a flexible downstairs bonus room featuring its own mini-split, the home offers significant adaptability for multi-generational living, guest quarters, or a dedicated home office.
The large, flat 9,600 sq. ft. lot anchored by a heritage oak provides a blank canvas for a garden, play area, or a future ADU, offering rare 'room to grow' in the Ojai market.
The configuration of five bedrooms served by only two bathrooms may present logistical challenges for larger families or guests, potentially necessitating future plumbing additions.
Originally built in 1961, the property may require ongoing maintenance or further modernization of its core systems to align with contemporary energy efficiency and luxury standards.
Room to Grow in OjaiTucked beneath a canopy of mature oaks with mountain views, this 5-bedroom, 2-bathroom home has the space and setup to fit however you live. A low-water front yard with river rock and native plants keeps things simple and easy to maintain.Inside, the kitchen opens to a bright living room and foyer, with wood-look tile flooring running throughout the main level. A flexible bonus room downstairs with its own mini-split for heating and cooling works as a fifth bedroom, home office, guest space, or whatever you need it to be.Upstairs, an open staircase leads to four bedrooms, including a primary suite, plus a well-kept bathroom with quartz counters and a tiled shower.The real draw might be out back: a wide-open, flat yard anchored by a huge heritage oak, with plenty of room for a garden, play space, a future ADU, or just breathing room. It's a blank canvas that can grow with whatever plans you have for it. A 2-car garage (21'2 x 20'8) rounds things out.Seller will carry a second mortgage for qualified buyers. Call agent for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 2,054 | 1,795.352 |
| Lot Size | 9,600 | 11,438.426 |
| Price | $1.20M | $1.44M |
| Price per sq ft | $584 | $823 |
| Built year | 1961 | 1970 |
| HOA | $0 | $134 |
| Days on market | 30 | 64 |
Sep 24, 2026
$1,200,000
Initial Listing