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12986 Macdonald Drive, Ojai, California 93023, Ojai, 93023 - 5 bed, 5 bath

12986 Macdonald Drive, Ojai, California 93023 home-pic-0
ACTIVE$3,495,000
12986 Macdonald Drive, Ojai, California 93023
5Beds
5Baths
4,776Sqft
127,630.797Lot
Year Built
2000
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$732
HOA
$450
Days on market
-
Sold On
-
MLS number
V1-33043
Home ConditionFair
Features
Excellent View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

Great Deal:The estimated price is 5% above the list price. We found 3 Cons,6 Pros. Rank: price - $3.50M(96th), sqft - 4776(96th), beds - 5(95th), baths - 5(96th).

Elegant Mediterranean Estate - Located in the exclusive gated community of Rancho Matilija, this stunning home captures the serene beauty of Ojai with vistas from every angle. Bordered by the Ojai Land Conservancy and Ventura River, the property offers unmatched privacy and direct access to equestrian and pedestrian trails leading to the Los Padres National Forest and surrounding neighborhood paths. Enjoy sweeping views of the Ojai Valley and the iconic Topa Topa Mountains, the home features five spacious bedrooms and five bathrooms, including a primary suite with stunning views, a luxurious en-suite bathroom, and a large walk-in closet. Designed with comfort and style in mind, the open floor plan includes travertine flooring in the entry and kitchen, solid hardwood in main living areas, and three inviting fireplaces. Additional features include a three-car garage and an EV charger.Set on almost 3 acres with a vast variety of plants and trees including: citrus, palm, and olive trees, the backyard offers a tranquil escape with breathtaking views of Ojai's famous Pink Moment. Just minutes from Lake Casitas, downtown Ojai, and top private schools, the property is also within easy reach of Ventura, Carpentaria, Santa Barbara, and Los Angeles.Also available for lease for $14,500/month

Price History

Date
Event
Price
10/24/25
Listing
$3,495,000
Condition Rating
Fair
Built in 2000, this Mediterranean estate is 24 years old. While the property is exceptionally well-maintained with quality materials like travertine and solid hardwood flooring, the kitchen and bathrooms reflect the aesthetic of its original construction era. The kitchen features granite countertops and a double white sink, and the bathrooms have light wood cabinetry and tile work that, while clean and functional, appear dated compared to current trends. The property is in good condition overall but would benefit from minor cosmetic updates in these key areas to align with modern styles.
Pros & Cons

Pros

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 = 127630, living area = 4776.
Exclusive Gated Community & Privacy: Located in the exclusive gated community of Rancho Matilija, offering enhanced security, prestige, and unmatched privacy, further augmented by bordering the Ojai Land Conservancy and Ventura River.
Breathtaking Panoramic Views: The property boasts sweeping views of the Ojai Valley, the iconic Topa Topa Mountains, and Ojai's famous 'Pink Moment' from multiple vantage points, creating a serene and picturesque living experience.
Extensive Outdoor & Equestrian Access: Direct access to equestrian and pedestrian trails leading to the Los Padres National Forest and surrounding neighborhood paths, ideal for outdoor enthusiasts and a unique lifestyle.
Luxurious & Spacious Living: An elegant 4776 sqft Mediterranean Estate featuring 5 spacious bedrooms and 5 bathrooms, an open floor plan, high-end finishes like travertine and solid hardwood flooring, and three inviting fireplaces.
Generous Acreage & Landscaping: Set on almost 3 acres with a vast variety of mature plants and trees, including citrus, palm, and olive trees, providing an expansive, tranquil, and beautifully landscaped outdoor environment.

Cons

Premium Price Point: The $3.495M listing price is at the very high end of the market, potentially limiting the buyer pool and requiring strong justification against comparable properties, especially with the estimated value being slightly lower.
Ongoing Association Fees: A monthly association fee of $450 adds a significant recurring cost to ownership, which is a consideration for long-term budgeting.
Absence of a Pool/Spa: Despite the large lot size and luxury status in a warm California climate, the property description does not mention a pool or spa, which is a highly desired amenity for many buyers in this price range and location.

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