216 Ute Lane, Ventura, California 93001, Ventura, 93001 - 3 bed, 3 bath
Loading property details...
Ventura, California 93001
This 3-bedroom Townhouse is a strategic Value-Add Opportunity with a List Price of $599,000, representing a stable entry point relative to the $498,647 Fair Market Value. Despite its Poor Condition Rating, the property offers significant ROI potential through renovation, as local comparable sales in the community have reached $618,000. Featuring a private patio, attached 2-car garage, and community pool, the home is located near De Anza Academy, E. P. Foster Elementary, and Ventura High School. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on a high-demand coastal community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 216 Ute Lane Subject | $599,000* List Price | 3 | 3 | 1,264 | $394 | - |
A 2328 Eskimo Lane Sold | $618,000 | 3 | 3 | 1,264 | $489 | 0.1 mi |
B 361 Ute Lane Sold | $580,000 | 2 | 3 | 1,263 | $459 | 0.1 mi |
C 2389 N Ventura Avenue Active | $639,000 List Price | 2 | 2 | 1,421 | $450 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old), the property exceeds the 30-year threshold for the 'poor' category. The listing explicitly states the home needs 'TLC' and presents a 'value-add' opportunity. While the kitchen has updated appliances, the bathroom vanity shows significant wear and peeling, and the overall interior requires a full rehab to address dated systems and cosmetic defects.
Situated in the desirable Paseo Del Mar community, residents enjoy access to a pool, spa, and playground, with close proximity to scenic bike paths leading to downtown Ventura and the beach.
The property is an ideal opportunity for buyers or investors looking to build equity, as the interior requires some TLC to transform it into a modernized coastal retreat.
The layout features a primary suite with a walk-in closet, a private outdoor patio for indoor-outdoor living, and the high-demand convenience of a direct-access two-car garage.
The home is noted as needing cosmetic updates and repairs, which may deter buyers seeking a turnkey, move-in-ready residence.
The $473 monthly HOA fee represents a significant recurring carrying cost that potential buyers must factor into their overall monthly housing budget.
This 3-bedroom, 2.5-bath PUD in Ventura offers an excellent blend of space, comfort, and coastal living. The bright living room features a cozy fireplace and flows into the dining area and kitchen, creating an inviting and functional layout. Sliding access leads to a private outdoor patio--perfect for relaxing or entertaining.The patio includes ample space for outdoor dining and a BBQ, ideal for enjoying Ventura's indoor-outdoor lifestyle. A guest bathroom is conveniently located on the main level, along with direct access to the attached 2-car garage.This property presents a great opportunity for buyers looking to add value. With some TLC, it can be transformed to suit your style and vision. Seller has secured a replacement property and is ready to move.Upstairs, the primary suite offers a private bathroom and a spacious walk-in closet. Two additional bedrooms feature full closets and share a hallway bathroom.Located in the desirable Paseo Del Mar community on Ventura's west end, residents enjoy amenities including a pool, spa, gated playground, and maintained greenbelts with picnic areas.Close to the scenic bike path with access to downtown Ventura, the beach, Carpinteria, and Ojai. Conveniently located near Highway 33 (Stanley exit), approximately 15 minutes to downtown Ventura, 20 minutes to Ojai, 35 minutes to Santa Barbara, and about an hour to Los Angeles.Peaceful setting with convenient access to shopping, dining, and commuter routes--an excellent opportunity to create your ideal home in a sought-after coastal location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,264 | 1,183 | 50% |
| Lot Size | 70,305,840 | 35,153,315.5 | 50% |
| Price | $599.0K | $699.0K | 50% |
| Price per sq ft | $474 | $599 | 50% |
| Built year | 1985 | 2004 | 50% |
| HOA | $473.0 | $490 | 50% |
| Days on market | 46 | 62 | 50% |
Apr 29, 2026
$599,000
Initial Listing
Sep 14, 2015
$322,000
Public Record
May 15, 2012
$212,000
Public Record