1300 Saratoga Avenue 301, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath
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1300 Saratoga Avenue 301
Ventura, California 93003
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
2Baths
963Sq Ft
0Lot Size
Property Price
LIST PRICE$335,000
EST. MARKET VALUE
$351,504
4% BelowMARKET VALUE
SUMMARY
This Peppertree condominium represents a High-Potential Investment Opportunity, listed at a List Price of $335,000—positioned well below the $351,504 Fair Market Value by 4%. This valuation gap provides $16,504 in Instant Equity for buyers. With a Condition Rating of 4, the unit requires cosmetic modernization, yet offers immediate value through vaulted ceilings and a private deck. Community amenities include a pool and tennis courts, making this an ideal value-add asset for Buy-and-Hold Investors or first-time buyers seeking entry into the Ventura market.
Estimated Market Value
$351,504+$16,504 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1300 Saratoga Avenue 301 Subject 2 bd · 2 ba · 963 sqft · $365 | $335,000* List Price | 2 | 2 | 963 | $365 | - |
A 1300 Saratoga Avenue 211 Sold 2 bd · 2 ba · 963 sqft · $381 · 0.0 mi | $367,000 | 2 | 2 | 963 | $381 | 0.0 mi |
B 1127 Acadia Place Sold 2 bd · 1 ba · 903 sqft · $432 · 0.3 mi | $390,000 | 2 | 1 | 903 | $432 | 0.3 mi |
C 1300 Saratoga Avenue 2207 Sold 2 bd · 2 ba · 963 sqft · $384 · 0.2 mi | $370,000 | 2 | 2 | 963 | $384 | 0.2 mi |
D 1267 Chalmette Sold 2 bd · 1 ba · 903 sqft · $443 · 0.2 mi | $400,000 | 2 | 1 | 903 | $443 | 0.2 mi |
E 1300 Saratoga 2311 Sold 2 bd · 1 ba · 873 sqft · $376 · 0.1 mi | $328,000 | 2 | 1 | 873 | $376 | 0.1 mi |
F 1300 Saratoga Avenue 1712 Sold 3 bd · 2 ba · 1,135 sqft · $304 · 0.2 mi | $345,000 | 3 | 2 | 1,135 | $304 | 0.2 mi |
G 1300 Saratoga Avenue 604 Sold 2 bd · 2 ba · 963 sqft · $389 · 0.1 mi | $375,000 | 2 | 2 | 963 | $389 | 0.1 mi |
H 1152 Bryce Way Sold 2 bd · 1 ba · 882 sqft · $441 · 0.2 mi | $389,000 | 2 | 1 | 882 | $441 | 0.2 mi |
I 1300 Saratoga Avenue 1302 Active 2 bd · 1 ba · 873 sqft · $399 · 0.1 mi | $347,900 List Price | 2 | 1 | 873 | $399 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, this 50-year-old condo is dated and requires cosmetic updates. The kitchen features older wood cabinetry and laminate countertops, and the bathroom fixtures are aged. While the property is functional and benefits from newer dual-paned windows, it needs modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced significantly below recent comparable sales, this property offers a rare entry-level opportunity in the Ventura market for investors or first-time buyers looking for immediate equity.
- Desirable Interior Features
The unit boasts vaulted ceilings that enhance the sense of space and newer dual-paned windows, providing improved energy efficiency and sound insulation.
- Robust Community Amenities
Residents benefit from extensive HOA-maintained facilities including a pool, tennis courts, and clubhouse, with the monthly fee conveniently covering water, sewer, trash, and insurance.
CONSRISKS & DEFICIENCIES
- Needed Renovations
The interior requires cosmetic updates and modernization, which will necessitate additional immediate capital investment and effort from the buyer.
- High Monthly HOA Dues
At $506 per month, the association fees represent a significant recurring expense that may impact overall affordability and buyer financing qualifications.
About 1300 Saratoga Avenue 301
Wow! Incredibly priced 2 bedroom 2 bath Peppertree condo. Although interior could use some updates, this home has newer dual paned windows and vaulted ceilings. This is priced to sell! The spacious private deck offers a relaxing outdoor space and a pleasant view. Peppertree residents enjoy a variety of community amenities, including a pool, tennis courts, clubhouse, BBQ area, and laundry facilities. HOA includes water, sewer, trash, exterior landscaping, & fire insurance. A private one-car garage provides additional storage and parking. Priced well below most recent comparable home sale, this home is ready for someone to come in and make it their own!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $506.0 / Month
Neighborhood Insights
Ventura Unified Schools
Elmhurst Elementary School
Grades K-5 • 0.7 mi
3/10
Montalvo Elementary School
Grades K-5 • 0.9 mi
6/10
Anacapa Middle School
Grades 6-8 • 1.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 963 | 1,078.707 |
| Lot Size | - | 1,556.683 |
| Price | $335.0K | $510.6K |
| Price per sq ft | $348 | $480 |
| Built year | 1974 | 1978 |
| HOA | $506.0 | $474 |
| Days on market | 19 | 56 |
Pricing History
Listed for Sale
Oct 5, 2026
$335,000
Initial Listing
Sold
May 18, 2005
$298,000
Public Record
Sold
May 13, 2003
$198,000
Public Record