1497 E Main Street, Ventura, California 93001, Ventura, 93001 - 3 bed, 2 bath
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1497 E Main Street
Ventura, California 93001
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,604Sq Ft
7,065Lot Size
Property Price
LIST PRICE$1,799,000
EST. MARKET VALUE
$1,735,191
3% AboveMARKET VALUE
SUMMARY
This Turnkey Spanish Hacienda represents a High-Potential Investment Opportunity, listed at $1,799,000—positioned slightly above the $1,735,191 Fair Market Value. Boasting a Condition Rating of 2, this meticulously maintained residence features a remodeled kitchen, owned solar, and central A/C. The property offers significant versatility with its proven six-figure short-term rental history and a detached garage with ADU potential. Situated in the prestigious Hobson Heights with panoramic ocean and city-light views, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium coastal lifestyle.
Estimated Market Value
$1,735,191
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 |
|---|---|---|---|---|---|---|
★ 1497 E Main Street Subject | $1,799,000* List Price | 3 | 2 | 1,604 | $1,082 | - |
A 1684 Poli Street Sold | $1,700,000 | 2 | 2 | 1,554 | $1,094 | 0.2 mi |
B 1681 San Nicholas Street Sold | $1,390,000 | 3 | 2 | 1,455 | $955 | 0.2 mi |
C 25 Encinal Place Sold | $2,040,000 | 2 | 2 | 1,554 | $1,313 | 0.1 mi |
D 2456 Sherwood Drive Sold | $1,400,000 | 3 | 2 | 1,496 | $936 | 0.9 mi |
E 1867 Poli Street Sold | $1,300,000 | 3 | 2 | 1,394 | $933 | 0.3 mi |
F 2222 Sunset Drive Sold | $1,841,750 | 3 | 2 | 1,739 | $1,059 | 0.7 mi |
G 1808 Poli Street Active | $1,850,000 List Price | 3 | 3 | 1,731 | $1,069 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1929, the property is in mint, turnkey condition following extensive remodeling of the kitchen and bathrooms. It features modern system upgrades including central A/C and owned solar panels, high-end finishes like rich hardwood floors and contemporary tile work, and meticulously maintained grounds, meeting the criteria for a high-quality recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Views & Location
Situated in the prestigious Hobson Heights, the property offers breathtaking ocean, sunset, and city-light views while remaining minutes from downtown Ventura's amenities.
- Modern Efficiency & Upgrades
This 1929 Spanish hacienda features a remodeled kitchen and baths, central A/C, and owned solar panels, blending vintage charm with contemporary comfort and energy savings.
- High Investment Potential
With a proven six-figure annual short-term rental history and a detached garage suitable for a potential ADU, the property offers significant versatility for investors or homeowners.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,604 square feet, the interior may feel small for the premium price point, particularly with the third bedroom being a flexible den rather than a traditional suite.
- Regulatory Uncertainty
While the property has a successful vacation rental history, continued short-term rental use is subject to evolving city requirements, posing a potential risk for investment-focused buyers.
About 1497 E Main Street
Hobson Heights Ocean-View Beauty! Perched above Downtown Ventura in the highly coveted Hobson Heights neighborhood, this enchanting Spanish hacienda blends timeless character, ocean views, privacy, and an exceptional coastal location. Enjoy beautiful ocean, city-light and sunset views while being just minutes from the beach, Ventura Pier, parks, restaurants, shopping, and everything vibrant Downtown Ventura has to offer.Pride of ownership shines throughout this meticulously maintained and thoughtfully upgraded home. Rich hardwood floors, picturesque windows, abundant natural light, skylights, and distinctive architectural details preserve its vintage charm while modern improvements provide today's comforts.The remodeled kitchen is complemented by two dining areas. The flexible floor plan offers two traditional bedrooms plus a den that can function as a third bedroom, home office, or additional living space. Two remodeled bathrooms add to the appeal--including one with an ocean view. Central A/C and owned solar provide additional comfort and efficiency.The outdoor spaces are just as special. Multiple patios and sitting areas invite you to enjoy Ventura's coastal climate year-round. The tropical-inspired backyard creates a private retreat complete with a bar, spa, and waterfall--perfect for entertaining or relaxing under the stars.A detached garage and additional off-street parking provide added flexibility, with the garage offering potential for a future ADU, studio, office, or guest space, subject to City approval. Garage and additional parking access are from Lincoln Drive.The property also has an established history as a highly successful vacation rental, reportedly generating six-figure annual gross rental income with more than five years of operating history. Buyers should independently verify current City requirements for continued short-term rental use.The owners may consider selling the home furnished, offering the possibility of a turnkey purchase. Whether envisioned as a primary residence, coastal getaway, or investment opportunity, this Hobson Heights gem offers an exceptional combination of views, character, location, and versatility!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 7,065 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Lincoln Elementary School
Grades K-5 • 0.4 mi
4/10
Cabrillo Middle School
Grades 6-8 • 0.1 mi
6/10
Ventura High School
Grades 9-12 • 0.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,604 | 1,640.818 |
| Lot Size | 7,065 | 6,355.743 |
| Price | $1.80M | $999.0K |
| Price per sq ft | $1.1K | $619 |
| Built year | 1929 | 1964 |
| HOA | $0 | $187 |
| Days on market | 28 | 56 |
Pricing History
Listed for Sale
Aug 12, 2026
$1,799,000
Initial Listing
Sold
Oct 11, 2023
$1,591,500
Public Record
Sold
Jul 18, 2016
$770,000
Public Record
Sold
Apr 30, 2014
$670,000
Public Record
Sold
Dec 6, 2012
$485,000
Public Record