12986 Macdonald Drive, Ojai, California 93023, Ojai, 93023 - 5 bed, 5 bath
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Ojai, California 93023
This Ojai View Estate represents a Strong Value Opportunity, listed at $2,995,000—positioned well below the $2,920,348 Fair Market Value by -2%. While the home maintains a Condition Rating of 4, the original finishes offer a prime canvas for modernization to elevate the property to contemporary luxury standards. Featuring panoramic mountain vistas, a three-acre lot, and gated privacy, this estate provides an unmatched lifestyle. It is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a private, nature-immersed sanctuary in a coveted Ojai setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12986 Macdonald Drive Subject | $2,995,000* List Price | 5 | 5 | 4,776 | $611 | - |
A 12838 Macdonald Sold | $2,375,000 | 3 | 3 | 3,492 | $680 | 0.1 mi |
B 12750 Macdonald Drive Active | $3,295,000 List Price | 5 | 4 | 4,244 | $776 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is over 20 years old with original finishes. While the home is well-maintained and move-in ready, the kitchen and bathrooms (honey-toned wood vanities and travertine) are dated and reflect the original construction era, requiring updates to meet modern luxury standards.
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 behind the gates of Rancho Matilija on nearly three acres, the estate offers exceptional privacy and direct access to the Ventura River and Ojai Land Conservancy trails.
The property features front-row seats to Ojai's famous 'Pink Moment' and uninterrupted mountain vistas, providing a quintessential and highly sought-after Ojai aesthetic.
The expansive three-acre grounds and mature specimen trees require significant ongoing landscaping maintenance and water management to preserve the estate's condition.
The $450 monthly association fee and gated community status may impose specific architectural guidelines and additional recurring costs for the homeowner.
An Ojai View Estate-Set behind the gates of Rancho Matilija, 12986 MacDonald presents a rare opportunity to own a private retreat in one of Ojai's most coveted settings. Just 90 minutes from West Los Angeles, 30 minutes from Santa Barbara, and only minutes from Lake Casitas, the property offers an effortless escape from the city without sacrificing convenience. Reached by a long private drive and bordering both the Ventura River and the Ojai Land Conservancy, the nearly three-acre estate is immersed in nature, with uninterrupted mountain vistas and front-row views of Ojai's iconic Pink Moment. Direct access to endless miles of hiking, equestrian, and mountain biking trails, along with nearby camping and outdoor recreation, creates an unmatched connection to the Ojai lifestyle. Designed to embrace its extraordinary surroundings, the residence features five bedrooms and five bathrooms, a view-oriented primary suite, a downstairs ensuite perfect for guests and in-laws, expansive living spaces, hardwood floors throughout the main living areas, travertine in the entry and kitchen, three fireplaces, a three-car garage, and EV charging. Mature olive, citrus, palm, and specimen trees frame the grounds. Whether envisioned as a full-time residence or a luxurious weekend sanctuary, this view estate offers a unique combination of privacy, recreation, natural beauty, and accessibility--placing world-class hiking, horseback riding, cycling, boating, and the vibrant restaurants, galleries, and boutiques of downtown Ojai just moments from your doorstep.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,776 | 1,768.5 |
| Lot Size | 127,630.797 | 11,886 |
| Price | $3.00M | $1.33M |
| Price per sq ft | $627 | $778 |
| Built year | 2000 | 1972 |
| HOA | $450.0 | $50 |
| Days on market | 21 | 61 |
Jul 1, 2026
$2,995,000
Initial Listing
Feb 2, 2001
$1,060,000
Public Record