
Oak View, California 93022
This property presents a Strong Value Opportunity with a List Price of $850,000—positioned well below the $898,779 Fair Market Value by 5%. This valuation gap offers $48,779 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers significant upside through modernization of its 1964 infrastructure. With a 15,246 sqft lot, mountain views, and a spacious deck, it is an ideal project for Value-Add Investors or Owner-Occupants seeking to build long-term wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 Verde Oak Drive Subject 4 bd · 2 ba · 1,776 sqft · $506 | $850,000* List Price | 4 | 2 | 1,776 | $506 | - |
A 245 E Oak View Avenue Sold 3 bd · 3 ba · 1,820 sqft · $591 · 0.9 mi | $1,075,000 | 3 | 3 | 1,820 | $591 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is functional but significantly dated. The kitchen features oak cabinetry and tile-in-wood countertops typical of a 20-30 year old renovation. While the listing mentions bathroom updates, the overall interior finishes, mixed appliances, and exterior landscaping require modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1776.
The property boasts a generous 15,246 square foot lot featuring a large deck and mountain views, offering significant potential for outdoor entertaining, gardening, or ADU expansion.
The interior features a spacious 1,776 square foot floor plan highlighted by an oversized kitchen island and a large dining room, ideal for hosting large family gatherings.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15246, other record lot size in square feet = 15055.
Described as being 'full of potential' and ready for its 'next chapter,' the home likely requires cosmetic updates and modern renovations to reach its full market value.
Built in 1964, the property may require investments in older systems such as electrical, plumbing, or HVAC that are typical for a residence of this vintage.
Nestled along a quiet tucked away street in Oak View, 205 Verde Oak is full of potential and ready for its next chapter. With over 1,700 square feet of living space, there's room for everyone to spread out, gather, and make themselves at home. The spacious kitchen features an oversized island that naturally becomes the heart of the home, perfect for cooking, entertaining, and bringing everyone together for family gatherings. A charming brick fireplace adds warmth and character to the inviting living room, while the oversized dining room offers plenty of space for hosting holidays and special occasions. The bathrooms have been updated over the years, and outside, an expansive yard and deck offer a wonderful opportunity to create your own outdoor retreat, cultivate a garden, or simply enjoy the space. With its peaceful setting, generous living spaces, and endless possibilities, this Oak View home is a chance to create something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,776 | 1,697.55 |
| Lot Size | 15,246 | 19,525.4 |
| Price | $850.0K | $1.02M |
| Price per sq ft | $479 | $680 |
| Built year | 1964 | 1960 |
| HOA | $0 | $700 |
| Days on market | 9 | 50 |
Oct 15, 2026
$850,000
Initial Listing