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2623 Seahorse Avenue, Ventura, California 93001, Ventura, 93001 - 3 bed, 3 bath

2623 Seahorse Avenue, Ventura, California 93001 home-pic-0
ACTIVE$2,595,000$2,686/sqft
Est. Value: $2,498,287
-3%
AboveEstimate
2623 Seahorse Avenue, Ventura, California 93001
3Beds
3Baths
2,686Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($2,498,287.275) is $96,712.725 (3%) lower than the list price ($2,595,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Waterfront Location & Views: This property boasts a rare and expansive 72-foot waterfront easement with dual-direction channel views, offering exceptional waterfront living in the desirable Ventura Keys.
Top Cons:
Extensive Restoration Required: The home is explicitly stated to be 'in need of restoration,' indicating a significant time and financial investment will be necessary to bring it to its full potential.

Compared to the nearby listings

Price:$2.60M vs avg $1.35M (+$1,244,450)79%
Size:2,686 sqft vs avg 1,728 sqft71%
Price/sqft:$966 vs avg $78869%

More Insights

Built in 1974 (52 years old).
Condition: The property was built in 1974, making it 50 years old. The listing explicitly states it is 'in need of restoration,' which is strongly supported by the images. The kitchen features severely outdated wood cabinets, tile countertops, and old appliances, along with an outdated fluorescent ceiling light. Bathrooms are also very dated, with old vanities, fixtures, and some even have carpet. Flooring throughout includes worn hardwood, dated tile, and very dated, worn carpeting. While the structure appears sound, the major systems and finishes are clearly at the end of their lifespan and require substantial rehabilitation and extensive system replacements, aligning with the 'poor' condition criteria.
Year Built
1974
Close
-
List price
$2.6M
Original List price
$2.6M
Price/Sqft
$966
HOA
$250
Days on market
-
Sold On
-
MLS number
V1-33963
Home ConditionPoor
Features
Excellent View: Canal
Deck
Pool
Spa
Patio
ViewCanal

About this home

Rare Opportunity in the Ventura Keys.Discover a truly one-of-a-kind Ventura Keys custom home featuring a large waterfront easement(72 ft long by 39 ft and 23 ft wide). From the moment you enter the main gate, this incredible Spanish-style residence evokes the charm and elegance of old Hollywood.While the home is in need of restoration, once brought back to life it will be nothing short of spectacular. This iconic property offers 3 bedrooms and 3 bathrooms, with dual direction channel views that capture the essence of waterfront living.A spacious storage room above the garage +- 440 sqft adds versatility, complete with multiple access points. Behind the privacy wall, you'll find a three-car garage. In addition there is a wrap-around driveway for ample parking.Full of character and architectural charm, the home includes a beautiful solarium overlooking the pool and landscaped grounds, multiple dining options, and many custom features. This remarkable property is a must-see--an exceptional chance to restore a true Ventura Keys classic and enjoy it for generations to come.

S
Sean O'Toole
Listing Agent

Nearby schools

7/10
Pierpont Elementary School
Public,•K-5•0.3mi
6/10
Cabrillo Middle School
Public,•6-8•1.5mi
6/10
Ventura High School
Public,•9-12•1.2mi
Condition Rating
Poor
The property was built in 1974, making it 50 years old. The listing explicitly states it is 'in need of restoration,' which is strongly supported by the images. The kitchen features severely outdated wood cabinets, tile countertops, and old appliances, along with an outdated fluorescent ceiling light. Bathrooms are also very dated, with old vanities, fixtures, and some even have carpet. Flooring throughout includes worn hardwood, dated tile, and very dated, worn carpeting. While the structure appears sound, the major systems and finishes are clearly at the end of their lifespan and require substantial rehabilitation and extensive system replacements, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Waterfront Location & Views: This property boasts a rare and expansive 72-foot waterfront easement with dual-direction channel views, offering exceptional waterfront living in the desirable Ventura Keys.
Architectural Charm & Character: An incredible Spanish-style residence that evokes the charm and elegance of old Hollywood, full of unique character and architectural details.
Significant Parking & Storage: Features a three-car garage, a wrap-around driveway for ample additional parking, and a spacious 440 sqft storage room above the garage, adding considerable versatility.
Restoration & Investment Potential: Presents a unique opportunity to restore a true Ventura Keys classic, promising a spectacular outcome and generational enjoyment for the right buyer.
Desirable Amenities & Grounds: Includes a beautiful solarium overlooking a private pool and landscaped grounds, complemented by multiple dining options and custom features.

Cons

Extensive Restoration Required: The home is explicitly stated to be 'in need of restoration,' indicating a significant time and financial investment will be necessary to bring it to its full potential.
Age of Property: Built in 1974, the property's age suggests that major systems, infrastructure, and finishes may be original or outdated, contributing to the overall restoration requirement.
Unspecified Renovation Costs: While highlighting restoration potential, the description does not provide an estimate or scope of the renovation costs, which could be a deterrent for potential buyers.
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