205 S Lomita Avenue, Ojai, California 93023, Ojai, 93023 - 6 bed, 5 bath
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Ojai, California 93023
This Historic Spanish Colonial Revival Estate is a Strong Value Opportunity, listed at $3,495,000—positioned well below the $3,695,000 Fair Market Value by 5%. This valuation gap offers $200,000 in Instant Equity for a landmark property. Boasting an Excellent Condition Rating, the home features a La Cornue chef’s kitchen, a detached guest apartment, and mountain views on a 0.83-acre lot. This 1929 masterpiece combines storied pedigree with modern systems, making it ideal for Luxury Owner-Occupants or Historic Preservationists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 205 S Lomita Avenue Subject | $3,495,000* 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.
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.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 97% |
| Baths | 5.0 | 2.5 | 93% |
| Square foot | 4,276 | 1,795 | 94% |
| Lot Size | 36,154 | 10,889.5 | 76% |
| Price | $3.50M | $1.26M | 93% |
| Price per sq ft | $817 | $719 | 62% |
| Built year | 1929 | 1959 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 300 | 170 | 88% |
Mar 25, 2026
$3,495,000
$3,695,000
-5% Price Drop
Initial Listing
Sep 25, 2025
$3,695,000
$3,995,000
-8% Price Drop
Initial Listing
Jun 26, 2025
$3,995,000
Initial Listing