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

205 S Lomita Avenue, Ojai, California 93023 home-pic-0
ACTIVE$3,695,000
205 S Lomita Avenue, Ojai, California 93023
6Beds
5Baths
4,276Sqft
36,154Lot

Price Vs. Estimate

The estimated value ($3,695,000) is $0 (0%) lower than the list price ($3,695,000). This property may be overpriced.

Key pros and cons

Top Pros:
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.
Top Cons:
Historic Property Maintenance & Potential Restrictions: As a landmark property from 1929, it may require specialized and potentially higher ongoing maintenance costs, and its historic designation could impose restrictions on future modifications or renovations.

Compared to the nearby listings

Price:$3.69M vs avg $1.20M (+$2,495,750)96%
Size:4,276 sqft vs avg 1,511 sqft96%
Price/sqft:$864 vs avg $74772%

More Insights

Built in 1929 (96 years old).
Condition: Despite being built in 1929, this landmark property has undergone extensive recent renovations, including new HVAC systems, restored exterior plaster, interior/exterior painting, and enhanced landscaping. The chef's kitchen is outfitted with high-end, modern appliances (La Cornue range, Sub-Zero refrigerator), granite countertops, and custom cabinetry, presenting a virtually new condition. Bathrooms also appear updated and meticulously maintained, blending historic charm with contemporary luxury. All major systems and aesthetic elements meet current quality standards with no deferred maintenance.
Year Built
1929
Close
-
List price
$3.69M
Original List price
$4M
Price/Sqft
$864
HOA
-
Days on market
-
Sold On
-
MLS number
25557837
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

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.

Condition Rating
Excellent

Despite being built in 1929, this landmark property has undergone extensive recent renovations, including new HVAC systems, restored exterior plaster, interior/exterior painting, and enhanced landscaping. The chef's kitchen is outfitted with high-end, modern appliances (La Cornue range, Sub-Zero refrigerator), granite countertops, and custom cabinetry, presenting a virtually new condition. Bathrooms also appear updated and meticulously maintained, blending historic charm with contemporary luxury. All major systems and aesthetic elements meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

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 Significance & Architectural Legacy: The Acacia Mansion is a designated Ventura County Landmark (No. 170) and eligible for the Mills Act, offering a rare opportunity to own a piece of Ojai's cultural and architectural heritage, having hosted numerous luminaries.
Exquisite Original Details & Craftsmanship: The property boasts stunning original features such as a pink-marble staircase, hand-carved mahogany doors, gold-leaf ceilings, stained glass, and two original Ernest Batchelder fireplaces, showcasing timeless artistry.
Extensive Recent Updates & Modern Amenities: Significant recent updates include new HVAC systems, copper gutters, restored exterior plaster, interior/exterior painting, and a chef's kitchen with a La Cornue range and Sub-Zero refrigerator, blending historic charm with modern comfort.
Spacious & Versatile Living with Guest Quarters: Offering nearly 4,300 sq ft with five bedrooms, a versatile extra room, and a detached one-bedroom guest apartment, the property provides ample space and flexibility for various living arrangements or income potential.
Expansive & Thoughtfully Landscaped Grounds: Situated on an expansive 0.83-acre corner lot, the grounds feature mature fruit trees, native drought-tolerant plants, a charming brick patio with an aged fireplace, and mountain views, creating a private and serene outdoor oasis.

Cons

Historic Property Maintenance & Potential Restrictions: As a landmark property from 1929, it may require specialized and potentially higher ongoing maintenance costs, and its historic designation could impose restrictions on future modifications or renovations.
High Price Point & Niche Market Appeal: The significant list price of $3.695M and the unique historic nature of the property target a very specific, affluent buyer demographic, which could lead to a longer marketing period.
Traditional Layout vs. Modern Open Concept: While elegant, the 1929 Spanish Colonial Revival architecture typically features more defined, separate rooms, which may not appeal to buyers seeking a contemporary open-concept living space.

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