275 Fairfax Avenue, Ventura, California 93003, Ventura, 93003 - 8 bed, 4 bath
ACTIVE$1,600,000
275 Fairfax Avenue, Ventura, California 93003
8Beds
4Baths
4,026Sqft
8,246Lot
Price Vs. Estimate
The estimated value ($1,525,228.07) is $74,771.93 (4%) lower than the list price ($1,600,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Size & Layout: This expansive 8-bedroom, 4-bathroom home spans over 4,000 sq. ft. and features two great rooms with 4 bedrooms and 2 baths on each floor, making it ideal for extended families or multi-generational living.
Top Cons:
Property Age & Potential for Updates: Built in 1957, the property's age suggests that significant updates to systems, finishes, and energy efficiency may be required to meet modern standards, as no recent renovations are explicitly mentioned.
Compared to the nearby listings
Price:$1.60M vs avg $983.0K (+$617,000)90%
Size:4,026 sqft vs avg 1,684.5 sqft99%
Price/sqft:$397 vs avg $6041%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957, this property is 67 years old with no explicit mention of any major renovations. The exterior, while appearing maintained, features dated elements such as the windows and garage door. Crucially, the absence of interior images, particularly of the kitchen and bathrooms, strongly suggests these key areas are severely outdated and require substantial modernization. The property analysis also indicates that 'significant updates to systems, finishes, and energy efficiency may be required,' aligning with a need for extensive rehabilitation rather than minor updates.
Year Built
1957
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$397
HOA
-
Days on market
-
Sold On
-
MLS number
V1-26673
Home ConditionPoor
Features
Excellent View: City Lights, Mountain(s), Ocean
ViewCity Lights,Mountain(s),Ocean
About this home
Great Location!! Looking for a large home for that extended family look no further, this 8 bedroom 4 bath home has over 4,000 sq. ft. and is located on a 8,246 sq. ft. lot. There are 2 great rooms with 4 bedrooms and 2 baths on each floor. There are two fireplaces and views from upstairs. A two car garage with direct access and RV parking. Conveniently located near the Ventura College and several other great Ventura schools, close to parks, hiking trails, shopping, and more!!
Nearby schools
7/10
Poinsettia Elementary School
Public,•K-5•0.5mi
4/10
Anacapa Middle School
Public,•6-8•1.5mi
6/10
Cabrillo Middle School
Public,•6-8•3.2mi
6/10
Buena High School
Public,•9-12•0.5mi
6/10
Ventura High School
Public,•9-12•2.6mi
Condition Rating
Poor
Built in 1957, this property is 67 years old with no explicit mention of any major renovations. The exterior, while appearing maintained, features dated elements such as the windows and garage door. Crucially, the absence of interior images, particularly of the kitchen and bathrooms, strongly suggests these key areas are severely outdated and require substantial modernization. The property analysis also indicates that 'significant updates to systems, finishes, and energy efficiency may be required,' aligning with a need for extensive rehabilitation rather than minor updates.
Pros & Cons
Pros
Exceptional Size & Layout: This expansive 8-bedroom, 4-bathroom home spans over 4,000 sq. ft. and features two great rooms with 4 bedrooms and 2 baths on each floor, making it ideal for extended families or multi-generational living.
Premium Views: The upstairs level offers desirable views of City Lights, Mountains, and the Ocean, significantly enhancing the property's appeal and value.
Prime Location & Convenience: Situated in a highly sought-after area, the property boasts convenient access to Ventura College, several well-regarded Ventura schools, parks, hiking trails, and shopping.
Ample Parking & RV Access: The property includes a two-car garage with direct access and valuable RV parking, catering to diverse vehicle needs.
Generous Lot Size: With an 8,246 sq. ft. lot, there is ample outdoor space, complementing the large interior footprint of the home.
Cons
Property Age & Potential for Updates: Built in 1957, the property's age suggests that significant updates to systems, finishes, and energy efficiency may be required to meet modern standards, as no recent renovations are explicitly mentioned.
Listed Above Estimated Market Value: The current list price of $1,600,000 is approximately 4% higher than the estimated property value of $1,525,228.07, which could impact buyer interest or negotiation flexibility.
Niche Buyer Pool: While excellent for extended families, the 8-bedroom configuration may appeal to a more specific market segment, potentially leading to a longer time on market compared to properties with more conventional layouts.