262 Crestwood Avenue, Ventura, California 93003, Ventura, 93003 - 5 bed, 3 bath

262 Crestwood Avenue, Ventura, California 93003 home-pic-0
ACTIVE$1,695,000
262 Crestwood Avenue, Ventura, California 93003
5Beds
3Baths
3,228Sqft
15,681Lot

Price Vs. Estimate

The estimated value ($1,476,436.315) is $218,563.685 (12%) lower than the list price ($1,695,000). 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 = 15681, living area = 3228.
Top Cons:
Requires Significant Modernization: Built in 1965, the property is presented as an 'inspiring canvas for modern updates' and 'ready for its next chapter,' indicating a need for substantial renovation to meet contemporary standards and buyer expectations.

Compared to the nearby listings

Price:$1.70M vs avg $983.0K (+$712,000)93%
Size:3,228 sqft vs avg 1,684.5 sqft96%
Price/sqft:$525 vs avg $60430%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property retains many original mid-century details, which are now significantly outdated. The listing description itself highlights the need for 'Significant Modernization' and describes it as an 'inspiring canvas for modern updates' and 'ready for its next chapter.' The kitchen features dated white tile flooring, older white cabinets, and black countertops, requiring a full renovation. Bathrooms also show very dated tile, vanities, and fixtures. Throughout the home, there is older carpeting, dated wallpaper, and light fixtures. While the structure appears sound and well-maintained for its age, the extensive cosmetic and functional updates required in the kitchen, bathrooms, and other areas constitute 'substantial repairs and rehabilitation' to meet contemporary standards, aligning with a 'poor' condition score.
Year Built
1965
Close
-
List price
$1.7M
Original List price
$1.75M
Price/Sqft
$525
HOA
-
Days on market
-
Sold On
-
MLS number
V1-32197
Home ConditionPoor
Features
Patio
View-

About this home

'Single-Level 3,228-sf Mid-Century on ⅓-acre Barranca Lot' Vaulted Ceilings, Wall of Glass & Effortless Indoor-Outdoor LivingFirst time offered in decades, this custom mid-century showcases soaring volumes, a dramatic brick fireplace, and floor-to-ceiling windows framing mature landscape views. The generous single-story footprint delivers multiple living zones, a true bedroom wing, and seamless flow to patios and gardens on a 15,681-sf lot. Minutes to parks, shops, and top Ventura schools.Welcome to 262 Crestwood Avenue, a rare chance to own and re-imagine one of Ventura's true mid-century gems. Built in 1965 and spanning 3,228 sq ft on an expansive 15,681 sq ft barranca lot, this 5-bedroom, 3-bath single-level home offers timeless architecture and endless potential.The dramatic living room impresses with vaulted ceilings, a signature brick fireplace, and a wall of glass that blurs the line between indoors and out. A flexible floor plan provides space for multi-generational living or creative redesign -- with a front-wing primary suite and office, and a rear family room with its own fireplace and backyard views.Original mid-century details, generous room sizes, and abundant natural light create an inspiring canvas for modern updates. Set near Arroyo Verde Park, top-rated schools, and everyday conveniences, this is the kind of Ventura property buyers wait years to find -- a custom MCM on a park-like lot ready for its next chapter.

Condition Rating
Poor

Built in 1965, this property retains many original mid-century details, which are now significantly outdated. The listing description itself highlights the need for 'Significant Modernization' and describes it as an 'inspiring canvas for modern updates' and 'ready for its next chapter.' The kitchen features dated white tile flooring, older white cabinets, and black countertops, requiring a full renovation. Bathrooms also show very dated tile, vanities, and fixtures. Throughout the home, there is older carpeting, dated wallpaper, and light fixtures. While the structure appears sound and well-maintained for its age, the extensive cosmetic and functional updates required in the kitchen, bathrooms, and other areas constitute 'substantial repairs and rehabilitation' to meet contemporary standards, aligning with a 'poor' condition score.
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 = 15681, living area = 3228.
Iconic Mid-Century Architecture: The property boasts 'timeless architecture' with 'vaulted ceilings,' 'wall of glass,' and a 'dramatic brick fireplace,' offering a unique and sought-after aesthetic.
Expansive & Flexible Single-Level Layout: With 3,228 sq ft, 5 beds, 3 baths, and a 'generous single-story footprint,' it provides 'multiple living zones' and a 'flexible floor plan' suitable for diverse needs, including multi-generational living.
Large Private Lot with Indoor-Outdoor Flow: Situated on a 15,681 sq ft (approx. 1/3 acre) 'barranca lot,' the home features 'seamless flow to patios and gardens' and 'floor-to-ceiling windows' connecting to mature landscapes.
Prime Ventura Location: Conveniently located 'minutes to parks, shops, and top Ventura schools' and 'near Arroyo Verde Park,' offering excellent access to amenities and a desirable lifestyle.
Significant Renovation Potential & Rarity: Described as a 'rare chance to own and re-imagine' a 'mid-century gem' 'first time offered in decades,' it presents a unique opportunity for customization and value creation.

Cons

Requires Significant Modernization: Built in 1965, the property is presented as an 'inspiring canvas for modern updates' and 'ready for its next chapter,' indicating a need for substantial renovation to meet contemporary standards and buyer expectations.
Barranca Lot Implications: While large, the 'barranca lot' designation could imply challenging topography, potential for erosion, or limited usable flat yard space, which may require specialized landscaping or engineering considerations.
Lack of Views: The property explicitly states 'view: None,' which could be a disadvantage in a region where scenic views often contribute significantly to property value and desirability.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state