
Ventura, California 93001
This property represents a High-Potential Investment Opportunity, listed at a List Price of $924,900—positioned above the $837,434 Fair Market Value. While the price reflects a premium for the Prime Coastal Location, the 560 sqft structure carries a Condition Rating of 5, indicating a need for comprehensive renovation. The 3,920 sqft lot provides significant development potential near Top-Rated Schools like Pierpont Elementary. This asset is best suited for Value-Add Investors or Contractors capable of maximizing the land value through expansion or redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2385 Pierpont Boulevard Subject | $924,900* List Price | 2 | 1 | 560 | $1,495 | - |
A 2867 Pierpont Boulevard Sold | $1,100,000 | 2 | 2 | 775 | $1,419 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this 76-year-old cottage is significantly past its prime. While it has received minor cosmetic updates like laminate flooring and paint, the presence of popcorn ceilings, dated wall heaters, and the lack of modern kitchen/bath photos suggest the core systems and interior require a full rehab. The high list price relative to the 560 sqft size indicates the value is primarily in the land and location.
Situated just blocks from the beach in the highly desirable Pierpont area, this property offers an exceptional lifestyle with immediate access to surfing, coastal dining, and downtown Ventura.
With a 3,920 sqft lot and a modest 560 sqft existing structure, the property provides a rare opportunity for expansion or redevelopment in a high-demand beachside market.
The home is located within walking distance (0.32 miles) of the highly-rated Pierpont Elementary School, adding significant long-term value for families and investors alike.
At a list price of $924,900 for only 560 sqft of living space, the property carries an exceptionally high price per square foot that may be difficult to justify without immediate plans for expansion.
The 1948 structure offers a very small interior footprint for a two-bedroom home, which likely results in cramped living quarters that do not meet modern space expectations.
Just blocks from the beach this 2 bed, 1 bath Pierpont home offers a tremendous opportunity. Close to shopping, surfing, dining and downtown life, this home is all about location and lifestyle.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 560 | 1,640.818 |
| Lot Size | 3,920 | 6,355.743 |
| Price | $924.9K | $999.0K |
| Price per sq ft | $1.7K | $619 |
| Built year | 1948 | 1964 |
| HOA | $0 | $187 |
| Days on market | 37 | 56 |
Aug 3, 2026
$924,900
Initial Listing