
Oak View, California 93022
Analysis of 2999 Valley Meadow Drive, Oak View, California 93022 is currently available with a list price of $1,695,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oak View Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is well-maintained but dated. While the kitchen has received some updates like granite counters and stainless appliances, it retains original oak cabinetry and fluorescent light boxes. Bathrooms show a mix of original 90s tile and partial mid-life renovations, fitting the 'Fair' criteria for a home over 20 years old needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 4770.
The fully finished lower level adds three additional bedrooms and a bathroom, providing exceptional flexibility for extended family, guest quarters, or a dedicated home workspace.
Situated on a prime one-acre lot in the Valley Meadow neighborhood, the property features mature fruit trees and breathtaking panoramic mountain views, offering a rare blend of privacy and natural beauty.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4770, other record living area = 2394.
While the home offers six total bedrooms, the official listing reflects only three, which may indicate that the lower-level improvements are not included in the official tax records or permitted as primary living space.
Built in 1992 and lacking mention of recent high-end renovations, the property may require cosmetic updates or modernization to align with contemporary luxury buyer expectations at this price point.
Nestled in the highly sought-after Valley Meadow neighborhood of Oak View, this unique country retreat offers space, privacy, and breathtaking mountain views in a truly special setting. Situated on approximately one acre, this 3-bedroom, 2-bath home provides the perfect blend of comfort, versatility, and Ojai Valley charm.The main home features spacious living areas filled with natural light, generous bedrooms, and a functional layout designed for both everyday living and entertaining.A rare and standout feature of this property is the fully finished lower-level, offering an additional 3 bedrooms, 1 bathroom, a pantry, and providing incredible flexibility for extended family living, guest quarters, storage, workspace, or multi-generational living.Step outside to enjoy the beauty of the property, complete with mature fruit trees, open space, circullar driveway and stunning views in every direction. With plenty of room for gardening, animals, entertaining, or simply enjoying the peaceful surroundings, this property offers endless possibilities.Located just minutes from downtown Ojai, Lake Casitas, hiking trails, and local amenities, this exceptional Valley Meadow property delivers the perfect balance of privacy, convenience, and rural charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 4,770 | 1,374 |
| Lot Size | 43,560 | 8,125 |
| Price | $1.70M | $957.6K |
| Price per sq ft | $355 | $732 |
| Built year | 1992 | 1961 |
| HOA | $0 | $0 |
| Days on market | 20 | 56 |
Jul 2, 2026
$1,695,000
Initial Listing