12986 Macdonald Drive, Ojai, California 93023, Ojai, 93023 - 5 bed, 4 bath
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Ojai, California 93023
This Elegant Mediterranean Estate is a Strong Value Opportunity, listed at $3,495,000—positioned well below the $3,591,272 Fair Market Value by 2%. This valuation provides $96,272 in Instant Equity for a residence boasting a Condition Rating of 4. Set on nearly 3 acres in the exclusive Rancho Matilija gated community, the home features panoramic Topa Topa Mountain views, travertine flooring, and direct access to equestrian trails. It offers a serene sanctuary near top private schools, making it an ideal match for luxury lifestyle seekers or Owner-Occupants desiring a private mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12986 Macdonald Drive Subject | $3,495,000* List Price | 5 | 4 | 4,776 | $752 | - |
A 12986 Macdonald Drive Active | $3,495,000 List Price | 5 | 5 | 4,776 | $732 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the home is 24 years old and falls into the >20y category. While the property is exceptionally well-maintained and move-in ready, the kitchen and bathrooms feature original finishes, including early-2000s era granite, white raised-panel cabinetry, and honey-oak vanities that are now dated and would benefit from cosmetic updates.
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.
Situated in the exclusive gated community of Rancho Matilija and bordered by the Ojai Land Conservancy, this estate offers unparalleled privacy with direct access to equestrian and pedestrian trails.
The property boasts breathtaking vistas of the Topa Topa Mountains and the Ojai Valley, perfectly positioned to enjoy the famous 'Pink Moment' sunsets from nearly three acres of lush, landscaped grounds.
The expansive 3-acre lot with diverse flora, including citrus and olive trees, necessitates significant ongoing landscaping upkeep and irrigation costs.
In addition to the multi-million dollar price point, the property carries a $450 monthly association fee, which may impact the overall cost of ownership for some buyers.
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
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 | 4,776 | 1,795 | 96% |
| Lot Size | 127,630.797 | 10,889.5 | 93% |
| Price | $3.50M | $1.26M | 93% |
| Price per sq ft | $732 | $719 | 53% |
| Built year | 2000 | 1961 | 94% |
| HOA | $450.0 | $0 | 99% |
| Days on market | 3 | 166 | 3% |
Apr 19, 2026
$3,495,000
Initial Listing
Feb 2, 2001
$1,060,000
Public Record