
Ventura, California 93001
This Custom Coastal Hillside Estate is a Prime Investment Opportunity, listed at $2,195,000—positioned well below the $2,265,549 Fair Market Value by 3%. This valuation gap offers $70,549 in Instant Equity for the incoming buyer. Featuring a Good Condition Rating, the residence showcases panoramic ocean views, Viking appliances, and a coveted vacation rental permit. Located just above downtown Ventura, it balances a luxury lifestyle with significant income potential. This is an ideal acquisition for Owner-Occupants or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 N Kalorama Street Subject | $2,195,000* List Price | 4 | 4 | 3,118 | $727 | - |
A 1871 Terrace Drive Sold | $2,200,000 | 4 | 4 | 3,200 | $688 | 0.9 mi |
B 518 Lincoln Drive Sold | $2,357,000 | 3 | 4 | 3,164 | $745 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10-20 year age range for a 'good' condition score. The home is move-in ready and features high-quality materials such as Brazilian cherry hardwood floors, Pella windows, and a kitchen equipped with premium Viking appliances and custom alder cabinetry. While the styling is consistent with its original build date, the property is impeccably maintained with no visible deferred maintenance.
The property features exceptional, unobstructed views of the Pacific Ocean, Channel Islands, and city lights, significantly increasing its desirability and long-term value.
Holding a coveted vacation rental permit, this home offers immediate income potential and flexibility for investors or second-home buyers in a high-demand coastal market.
Built with superior craftsmanship, the home includes high-end features such as Viking appliances, Brazilian cherry hardwood floors, and Pella windows, ensuring a turnkey luxury experience.
The sloped lot and hillside location may limit traditional flat yard space and could require significant investment for any future outdoor expansion or development.
While the property is currently low-maintenance, the multi-level hillside terrain can present challenges for landscaping upkeep and accessibility compared to flat parcels.
Just above downtown Ventura and the beach, this custom-built coastal home showcases panoramic ocean, island, and city-light views. With a coveted vacation rental permit, it's been enjoyed as both a second home and a successful short-term rental--offering flexibility, income potential, and the perfect turnkey getaway.The open-concept great room blends dining, kitchen, and living spaces, all opening to a view deck made for morning coffee or sunset cocktails. Quality craftsmanship is evident throughout--from the travertine-accented fireplace to Brazilian cherry hardwood floors, Pella windows and doors, custom alder cabinetry, and Viking appliances. A grand entry reveals soaring ceilings, a wrought-iron staircase, and natural light at every turn.On a generous 11,712 sq. ft. lot, this low-maintenance property is in impeccable condition and offers exciting potential to expand outdoor living space or develop the lower hillside level--maximizing the already breathtaking views.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 3,118 | 1,705 | 87% |
| Lot Size | 11,761 | 5,445 | 93% |
| Price | $2.19M | $1.46M | 67% |
| Price per sq ft | $704 | $766 | 44% |
| Built year | 2007 | 1965 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 181 | 2% |
Apr 9, 2026
$2,195,000
Initial Listing
Jun 26, 2023
$1,530,000
Public Record
Jan 18, 2017
$500,000
Public Record
May 30, 2014
$917,500
Public Record
Nov 30, 2012
$275,000
Public Record