2001 Alessandro Drive, Ventura, California 93001, Ventura, 93001 - 2 bed, 2 bath
Loading property details...
Ventura, California 93001
This Coastal Development Asset is listed at $1,050,000, following a substantial $445,000 price reduction to align with its $821,774 Fair Market Value. While the property carries a Poor Condition Rating, its primary value is anchored in the 9,121 sqft bluff-front lot and Panoramic Ocean Views. Marketed as a "Developers Dream," the site offers significant ADU expansion potential and is conveniently located near Ventura High School. This high-upside project represents a rare opportunity for a total rebuild in a secluded coastal enclave, making it an ideal acquisition for Developers and Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2001 Alessandro Drive Subject | $1,050,000* List Price | 2 | 2 | 1,257 | $654 | - |
A 194 Jordan Avenue Active Under Contract | $895,000 List Price | 4 | 2 | 1,339 | $668 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972, this property is over 50 years old. The kitchen features highly dated blue tiled countertops and backsplash, along with older white appliances, indicating no significant renovation in decades. Bathrooms also show very outdated styles, including a blue sink and mosaic tile work. The listing description explicitly calls it a 'Developers Dream' and for 'Contractors,' highlighting the need for substantial modernization and rehabilitation, which aligns with the 'poor' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9121, living area = 1257.
Situated on a bluff along the Ventura coast, this property offers unparalleled panoramic ocean, coastline, city, and city lights views, embodying the 'Location, Location!!!' mantra.
As one of only two homes on the entire street, the property provides a highly private and secluded setting, a rare find in a desirable coastal community.
Built in 1972, the property is over 50 years old, and while it has character, the description implies a need for modernization and potential renovation, which will require significant additional investment.
With 1257 sq ft, the current living space is relatively small for a property in such a prime location, potentially limiting appeal for buyers seeking a larger, move-in ready home without immediate expansion plans.
The property has seen substantial price reductions from its original list price of $1.495M to $1.05M, which might raise questions for potential buyers regarding initial overpricing or underlying issues, necessitating thorough due diligence.
FIRST TIME ON THE MARKET!!! . Developers Dream. Contractors come take a look. Enjoy coastal living from this uniquely located property situated on a bluff along the Ventura coast. This is a prime example of ''Location, Location!!! If you are seeking a private and secluded setting, NOTHING compares to this opportunity, with this being one of only two homes on the entire street!!! However, you're still conveniently amongst the Pierpont community, midtown and the amazing historic Downtown Ventura for all of your shopping, dining and entertainment needs....Adventure awaits...Jump on the bikes and cruise to the pier, stop by the farmers market, or find your way to one of the local hiking spots nearby. the vibe is ''beach'', and the mood is ''relaxed'' And when back home catch an epic summer sunset and live the life that people dream of... if you know, then you just know. 2001 Alessandro Dr. offers 2 bedrooms, 2 bathrooms at 1257 sq ft and a den that could potentially serve as a third bedroom. The property is unique in its construction with its round-like shape and tons of charming character. The 2001 property is one-of-a-kind full of potential for expansion (garage conversion to ADU) or modernization. Live in one and rent the other?? So many possibilities here... build a larger home with an ADU.This property has ocean views, of the city, and city nightlights. Let the beautiful pictures tell the story here. Come take a look and let your imagination take you to the next level.Live the good life!!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,257 | 1,693 | 31% |
| Lot Size | 9,121 | 5,445 | 85% |
| Price | $1.05M | $1.30M | 44% |
| Price per sq ft | $835 | $768 | 56% |
| Built year | 1972 | 1965 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 690 | 190 | 98% |
Jan 13, 2026
$1,050,000
$1,190,000
-12% Price Drop
Initial Listing
Jul 31, 2025
$1,190,000
Initial Listing
Jun 1, 2024
$1,495,000
Initial Listing