2835 Hermitage Road, Ojai, California 93023, Ojai, 93023 - 8 bed, 8 bath

2835 Hermitage Road, Ojai, California 93023 home-pic-0
ACTIVE$8,998,000
2835 Hermitage Road, Ojai, California 93023
8Beds
8Baths
7,026Sqft
2,047,320Lot

Price Vs. Estimate

Estimation data not available

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 = 2047320, living area = 7026.
Top Cons:
High Barrier to Entry: The substantial list price of nearly $9 million (originally $15 million) significantly narrows the potential buyer pool to ultra-high-net-worth individuals.

Compared to the nearby listings

Price:$9.00M vs avg $1.20M (+$7,798,750)99%
Size:7,026 sqft vs avg 1,511 sqft99%
Price/sqft:$1.3K vs avg $74788%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this property is 16 years old, which typically falls into the 'Good' category based on age alone. However, the MLS description explicitly states 'meticulous upgrades and pristine condition throughout,' and the extensive image gallery strongly supports this claim. The kitchens and bathrooms feature high-end custom wood cabinetry, natural stone countertops, modern stainless steel appliances, and luxurious fixtures, all appearing to be in virtually new condition with no visible wear or tear. The flooring consists of high-quality terracotta tiles and rich hardwood, impeccably maintained. The overall aesthetic is a timeless Italian Villa style, ensuring that the finishes, while not ultra-modern, are classic and sophisticated. There is no evidence of deferred maintenance or physical depreciation, aligning perfectly with the 'Excellent' criteria of components being 'virtually new' and meeting current quality standards.
Year Built
2008
Close
-
List price
$9M
Original List price
$15M
Price/Sqft
$1,281
HOA
-
Days on market
-
Sold On
-
MLS number
PV24075709
Home ConditionExcellent
Features
Excellent View: Mountain(s), Panoramic, Valley
Pool
Spa
Patio
ViewMountain(s), Panoramic, Valley

About this home

Discover the epitome of exclusive living within the prestigious gated enclave of historic Hermitage Ranch. Unveil a world of serenity and seclusion as you enter this unparalleled 47-acre resort like estate with TWO LARGE HOUSES, where tranquility meets luxury amidst breathtaking mountain vistas and picturesque lakes perfect for fishing, swimming, paddleboarding, and kayaking. A seasonal stream meanders through the property, adding to its allure and charm. Perched atop the revered 500-acre gated Hermitage Ranch, this romantic Italian Villa exudes timeless elegance and sophistication, boasting meticulous upgrades and pristine condition throughout. While the pictures may capture its beauty, experiencing it firsthand is truly awe-inspiring. Outdoor entertainment reaches new heights with expansive covered patios, an outdoor kitchen, and a captivating pool area, complemented by a detached workout studio for ultimate relaxation and rejuvenation. Surrounded by lush avocado and citrus orchards, the estate grants exclusive access to extensive hiking trails in the nearby Los Padres National Forest. Additionally, a charming guest house showcases remarkable craftsmanship and charm. Adjacent to State Park Land, the property offers a rare glimpse of wildlife, with deer often seen wandering through the orchards. With 10 acres of avocado trees, 1.5 acres of Golden Nuggets. This estate epitomizes refined living at its finest. Don't miss this extraordinary opportunity to own a piece of paradise in the heart of Ojai Valley. Ojai was recently named one 11 Most Idyllic Small Towns In California by World Atlas! This property has been used in the past as a very profitable short term rental and wedding venue. You are not in the City of Ojai but you are in the County so verify/confirm use possibilities with County Offices.

Condition Rating
Excellent

Built in 2008, this property is 16 years old, which typically falls into the 'Good' category based on age alone. However, the MLS description explicitly states 'meticulous upgrades and pristine condition throughout,' and the extensive image gallery strongly supports this claim. The kitchens and bathrooms feature high-end custom wood cabinetry, natural stone countertops, modern stainless steel appliances, and luxurious fixtures, all appearing to be in virtually new condition with no visible wear or tear. The flooring consists of high-quality terracotta tiles and rich hardwood, impeccably maintained. The overall aesthetic is a timeless Italian Villa style, ensuring that the finishes, while not ultra-modern, are classic and sophisticated. There is no evidence of deferred maintenance or physical depreciation, aligning perfectly with the 'Excellent' criteria of components being 'virtually new' and meeting current quality standards.
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 = 2047320, living area = 7026.
Exclusive & Private Estate: Located within the prestigious gated Hermitage Ranch, this 47-acre property offers unparalleled serenity, seclusion, and security.
Multiple Luxury Residences: The estate features two large main houses and a charming guest house, providing extensive living space and versatility for multi-generational living or staff accommodations.
Resort-Style Amenities & Natural Features: Boasts picturesque private lakes for fishing, swimming, and paddleboarding, a captivating pool area, outdoor kitchen, detached workout studio, and a seasonal stream, creating a true resort experience.
Pristine Condition & Elegant Design: An Italian Villa exuding timeless elegance, meticulously upgraded and maintained in pristine condition throughout.
Income & Agricultural Potential: Proven history as a profitable short-term rental and wedding venue, complemented by 10 acres of avocado and 1.5 acres of Golden Nugget citrus orchards providing agricultural income.

Cons

High Barrier to Entry: The substantial list price of nearly $9 million (originally $15 million) significantly narrows the potential buyer pool to ultra-high-net-worth individuals.
Extensive Maintenance & Operational Costs: A 47-acre estate with multiple structures, agricultural operations, and extensive recreational features will incur substantial ongoing maintenance, staffing, and utility expenses.
Commercial Use Verification Required: While previously used for profitable short-term rentals and events, the description advises verifying 'use possibilities with County Offices,' suggesting potential regulatory hurdles or limitations for future commercial operations.

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