2250 Hermitage Road, Ojai, California 93023, Ojai, 93023 - 2 bed, 2 bath

2250 Hermitage Road, Ojai, California 93023 home-pic-0
ACTIVE$5,500,000
2250 Hermitage Road, Ojai, California 93023
2Beds
2Baths
1,442Sqft
1,748,062.75Lot
Year Built
1920
Close
-
List price
$5.5M
Original List price
$6.5M
Price/Sqft
$3,814
HOA
-
Days on market
-
Sold On
-
MLS number
V1-27214
Home ConditionTear down
Features
Excellent View: Meadow, Mountain(s)
Deck
Patio
ViewMeadow, Mountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $5.50M(99th), sqft - 1442(47th), beds - 2(26th), baths - 2(50th).

Discover the unparalleled beauty and potential of Hermitage Ranch, a truly extraordinary property nestled at the end of a scenic driveway lined with majestic oaks and olive trees. This is a rare opportunity to bring your vision to life in a setting defined by breathtaking views, tranquility, and endless possibilities. The existing 2-bedroom, 2-bathroom home offers potential for repurposing, while the expansive property invites you to reimagine and personalize it to suit your dreams. This is more than just a place to live - Hermitage Ranch offers the chance to build a legacy, perfect for generations to come. Currently, the property boasts 3.8 acres of Hass avocado trees and 0.6 acres of Valencia oranges, with the potential to expand into a larger orchard for greater production. Water resources are provided by the Hermitage Mutual Water Company, which is managed by Hermitage Ranch. Whether you dream of creating a modern estate, a private retreat, or continuing the rich agricultural heritage of this fertile land, Hermitage Ranch offers a rare blank canvas to cultivate your ideal lifestyle. A true gem in the east end of Ojaia'don't let this remarkable opportunity slip away!

Price History

Date
Event
Price
10/22/25
Price Change
$5,500,000
12/19/24
Listing
$6,500,000
Condition Rating
Tear down

The property, built in 1920, features an extremely outdated interior with extensive wood paneling, worn carpets, and dated track lighting. Key areas like the kitchen and bathrooms are not pictured, strongly suggesting they are in very poor condition or non-existent by modern standards. The listing description itself emphasizes the land as a 'blank canvas' and states the existing home offers 'potential for repurposing' and 'likely requires extensive renovation or replacement,' indicating its value is primarily in the land and its redevelopment potential, not the current structure. The home is not move-in ready and would require complete demolition or a full gut renovation to meet contemporary living standards, aligning with the 'tear-down' criteria.
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 = 1748062, living area = 1442.
Expansive Development Potential: The vast 40-acre lot offers a rare 'blank canvas' for significant development, customization, or creating a multi-generational estate, as highlighted by its 'endless possibilities'.
Established Agricultural Income: Features 3.8 acres of Hass avocado trees and 0.6 acres of Valencia oranges, providing immediate agricultural income potential with room for expansion.
Exclusive Water Rights: Ownership includes management of the Hermitage Mutual Water Company, securing vital water resources for agricultural and residential use, a significant asset in California.
Prime Ojai Location & Views: Situated in the desirable east end of Ojai, offering breathtaking mountain and meadow views, tranquility, and a scenic, private setting with a majestic oak and olive tree-lined driveway.
Significant Price Adjustment: A recent $1,000,000 price reduction from the original listing (from $6.5M to $5.5M) enhances its value proposition and market attractiveness.

Cons

Outdated Existing Residence: The 1920-built, 1442 sqft home is small and described as having 'potential for repurposing,' indicating it likely requires extensive renovation or replacement rather than being a turnkey asset.
Substantial Capital Investment Required: Realizing the property's full 'blank canvas' potential, whether for a modern estate or expanded agriculture, will necessitate significant additional financial outlay beyond the purchase price.
Limited Immediate Livability: The current small and aged home may not meet the expectations of a luxury buyer seeking a move-in ready estate, requiring immediate investment for comfortable living.

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