205 S Lomita Avenue, Ojai, California 93023, Ojai, 93023 - 6 bed, 5 bath

205 S Lomita Avenue
Ojai, California 93023
Property Price
SUMMARY
Analysis of 205 S Lomita Avenue, Ojai, California 93023 reveals a Fairly Priced Property with a current list price of $3,695,000 aligned with the estimated $3,695,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ojai Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 S Lomita Avenue Subject | $3,695,000* List Price | 6 | 5 | 4,276 | $864 | - |
A 1131 Rancho Drive Active | $3,995,000 List Price | 6 | 5 | 3,934 | $1,016 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1929, this historic property has undergone extensive and high-quality recent renovations. The description explicitly mentions 'Recent updates include new HVAC systems, copper gutters, restored exterior plaster, period-style awnings, interior and exterior painting, and enhanced landscaping.' The kitchen is a 'culinary delight' with top-tier appliances like a La Cornue range and Sub-Zero refrigerator, granite countertops, and custom cabinetry, all appearing modern and pristine in the images. The bathroom shown also features updated fixtures, tiling, and a stylish vanity, maintaining a period-appropriate yet fresh aesthetic. The overall condition, including major systems and key areas like the kitchen and bathrooms, reflects a property that has been meticulously maintained and extensively updated to current luxury standards, with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36154, living area = 4276.
- Historic Landmark Status & Pedigree
Designated Ventura County Landmark No. 170 and eligible for the Mills Act, this estate boasts a rich history, having hosted luminaries like Aldous Huxley and George Bernard Shaw, offering unparalleled cultural significance.
- Exceptional Architectural Detail & Craftsmanship
A 1929 Spanish Colonial Revival masterpiece featuring original Moorish influences, a grand pink-marble staircase, hand-carved mahogany doors, gold-leaf ceilings, and two original Ernest Batchelder fireplaces.
CONSRISKS & DEFICIENCIES
- Niche Market Appeal
The property's unique historic landmark status and specific architectural style will appeal to a specialized buyer pool, potentially leading to a longer marketing period.
- Ongoing Maintenance & Preservation Costs
Maintaining a 1929 landmark property with intricate original details like gold-leaf ceilings and hand-carved elements can incur significant and specialized long-term preservation expenses.
- High Price Point & Market Velocity
The substantial list price of $3.695 million positions the property in a luxury segment that typically experiences slower market velocity and requires a significant investment from a buyer.
About 205 S Lomita Avenue
Welcome to The Acacia Mansion, a landmark 1929 Spanish Colonial Revival estate nestled in the heart of Meiners Oaks, Ojai. Situated on an expansive 0.83-acre corner lot, this extraordinary property offers nearly 4,300 square feet of exquisite living space and a rare opportunity to own a piece of Ojai's cultural and architectural legacy.Designated Ventura County Landmark No. 170 and eligible for the Mills Act, this historic residence with Moorish influences and many original details, was originally built for Theosophists David and Madeline Baird, followers of Krishnamurti. Over the years, it has hosted luminaries such as Aldous Huxley, Annie Besant, Marc Chagall. and George Bernard Shaw. Every element of the home reflects its storied past, from the grand pink-marble staircase and hand-carved mahogany doors to gold-leaf ceilings and two original Ernest Batchelder fireplaces. The main residence welcomes you with a breathtaking two-story formal foyer, featuring a filigree wrought-iron staircase, stained glass windows, gold leaf stenciled ceilings, and intricately carved mahogany doors. Elegant formal living and dining rooms, a cozy reading room, and a series of soaring ceilings and arched entryways showcase timeless craftsmanship. Rich hardwood and tile flooring, built-in cabinetry, and graceful balconies with wrought-iron railings evoke the artistry of a bygone era. The chef's kitchen is a culinary delight, outfitted with a La Cornue range, Sub-Zero refrigerator, granite countertops, custom cabinetry, and a walk-in butler's pantry that preserves original architectural details. Upstairs, you'll find five spacious bedrooms and a versatile extra room offering endless possibilities. A detached garage is topped by a private one-bedroom guest apartment with its own entrance- perfect as a secluded retreat or guest quarters. Beyond the interiors, the grounds have been thoughtfully updated and landscaped with mature fruit trees and native drought-tolerant plants. A charming brick patio with an aged fireplace creates a magical setting for gatherings.Recent updates include new HVAC systems, copper gutters, restored exterior plaster, period-style awnings, interior and exterior painting, and enhanced landscaping. The Acacia Mansion is a one-of-a-kind legacy property that offers unmatched character, elegance, and a deep connection to Ojai's spiritual and artistic heritage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 36,154 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 2.5 | 92% |
| Square foot | 4,276 | 1,660 | 95% |
| Lot Size | 36,154 | 11,543 | 77% |
| Price | $3.69M | $1.23M | 95% |
| Price per sq ft | $864 | $706 | 73% |
| Built year | 1929 | 1961 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 254 | 196 | 78% |
Pricing History
Listed for Sale
Sep 25, 2025
$3,695,000
$3,995,000
-8% Price Drop
Initial Listing
Price Change
Jun 26, 2025
$3,995,000
Initial Listing











































