2277 Elizabeth Drive, Ventura, California 93003, Ventura, 93003 - 3 bed, 2 bath
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Ventura, California 93003
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $795,000—positioned well below the $852,603 Fair Market Value by 6%. This valuation gap offers $57,603 in Instant Equity for the buyer. With a Condition Rating of 4, the home features a recent interior refresh, including new flooring and kitchen updates. Located near Montalvo Elementary, this property provides a flexible layout for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2277 Elizabeth Drive Subject | $795,000* List Price | 3 | 2 | 1,952 | $437 | - |
A 2363 Seagull Avenue Sold | $930,000 | 4 | 2 | 1,765 | $527 | 0.2 mi |
B 1940 Pelican Avenue Sold | $863,500 | 4 | 2 | 1,668 | $518 | 0.3 mi |
C 6591 Quail Street Sold | $800,000 | 3 | 3 | 1,794 | $446 | 0.1 mi |
D 1877 Pelican Avenue Sold | $850,000 | 4 | 2 | 1,668 | $510 | 0.4 mi |
E 2118 Johnson Drive Active | $669,000 List Price | 3 | 2 | 1,265 | $529 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property has undergone a recent cosmetic refresh including new paint, flooring, and kitchen countertops. However, the home remains fundamentally dated with original-style cabinetry, older windows, and visible aged plumbing/utility fixtures in the laundry area. While move-in ready, it lacks the comprehensive system and structural updates required for a higher rating.
The home features significant recent updates including fresh paint, smooth ceilings, new flooring, and a refreshed kitchen with new countertops and stainless steel fixtures, offering a move-in-ready experience.
With nearly 2,000 sq. ft. of living space, the layout includes a living room, family room, and a garden room, providing exceptional flexibility for home offices, hobbies, or multi-generational needs.
Situated in the quiet Montalvo Heights area, the property is just 0.5 miles from the local elementary school and offers convenient access to freeways, shopping, and dining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property listing indicates no specific views, which may be a drawback for buyers seeking the coastal or hillside vistas often associated with the Ventura market.
Built in 1952, the home may have original underlying systems such as plumbing or electrical that could require future capital investment despite the recent cosmetic updates.
Spacious and inviting 3 bedroom, 2 bathroom home offering approximately 1,952 sq. ft. of comfortable living space in a quiet neighborhood with convenient freeway access, shopping, dining, and everyday conveniences nearby.Freshly updated with new interior paint, new carpet, new kitchen flooring, new quartz countertops, new stainless steel kitchen sink and fixtures, new bedroom ceiling fans, and smooth ceilings, this home offers a flexible floor plan with multiple living areas, including a living room with skylight, family room, and garden room.Beautiful floor-to-ceiling white stacked-stone fireplace surrounds create warm focal points in both the living room and family room, each with generous hearth space. The entry also features a charming white stacked-stone accent half wall, adding character as you enter the home.Additional improvements include new dual-pane windows in the main house, a newer house water heater, home plumbing repipe completed in October 2025, newer garage door opener, new front yard drip sprinkler system, new porch guardrail, new washroom flooring, washroom water heater, and bathroom upgrades.Exterior features include two storage sheds, newly painted exterior trim, a newly built fence along the north side of the property, and low-maintenance outdoor space. A wonderful opportunity to own a spacious home with fresh interior updates, multiple living areas, and a convenient neighborhood setting.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,952 | 1,668 | 70% |
| Lot Size | 6,969.16 | 6,969 | 57% |
| Price | $795.0K | $957.5K | 16% |
| Price per sq ft | $407 | $590 | 4% |
| Built year | 1952 | 1962 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 134 | 6% |
May 22, 2026
$795,000
Initial Listing
Aug 6, 2021
$87,000
Public Record