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3124 Grove Street, Ventura, California 93003, Ventura, 93003 - 5 bed, 3 bath

3124 Grove Street, Ventura, California 93003 home-pic-0
ACTIVE$1,535,000
3124 Grove Street, Ventura, California 93003
5Beds
3Baths
3,263Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($1,535,000) is $0 (0%) lower than the list price ($1,535,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Ocean & City Views: The property offers breathtaking, sweeping views of the ocean and cityscape from sunrise to sunset, a premium feature enhancing desirability and value.
Top Cons:
History of Price Reductions: Multiple price reductions from the original list price may indicate initial overpricing or market resistance, potentially raising buyer questions about value.

Compared to the nearby listings

Price:$1.53M vs avg $983.0K (+$552,000)89%
Size:3,263 sqft vs avg 1,684.5 sqft96%
Price/sqft:$470 vs avg $60416%

More Insights

Built in 1958 (67 years old).
Condition: Despite being built in 1958, this property has undergone an extensive and high-quality modern renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features sleek white shaker cabinets, modern gold pendant lighting, light quartz countertops, and a striking stone backsplash, all appearing virtually new. The bathrooms are equally impressive with contemporary vanities, marble-look tiling, modern fixtures, and a spacious walk-in shower and soaking tub. Throughout the home, updated flooring, recessed lighting, and fresh paint contribute to a pristine, move-in ready condition. Additional upgrades like owned solar with a Tesla Powerwall and a water softener system further enhance its modern appeal and efficiency.
Year Built
1958
Close
-
List price
$1.53M
Original List price
$1.73M
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
V1-30252
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Ocean
Deck
Patio
ViewCity Lights,Coastline,Ocean

About this home

3124 Grove Street delivers sweeping views of the ocean and cityscape--stunning from sunrise to sunset. This thoughtfully updated home embraces a modern, open-concept layout with a flexible, multi-level floor plan designed for both daily living and effortless entertaining. The sleek kitchen showcases refined finishes, a striking stone backsplash, and abundant counter space that opens fluidly into the dining and living areas--each space framed by mesmerizing city lights.Step outside to discover a reimagined backyard retreat: enjoy the fire pit, cook al fresco in the built-in outdoor kitchen, unwind in the private sauna with an outdoor shower--all surrounded by nature and views. The secluded primary suite occupies its own level, with vaulted ceilings, scenic outlooks, a spa-like ensuite, and generous closet and vanity space.Additional upgrades include owned solar with a Tesla Powerwall, Tesla charger, and water softener system--bringing high-efficiency living to this serene coastal escape. Just moments from downtown Ventura, beaches, hiking, and top schools, this is more than a home--it's a hillside sanctuary.

Condition Rating
Excellent
Despite being built in 1958, this property has undergone an extensive and high-quality modern renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features sleek white shaker cabinets, modern gold pendant lighting, light quartz countertops, and a striking stone backsplash, all appearing virtually new. The bathrooms are equally impressive with contemporary vanities, marble-look tiling, modern fixtures, and a spacious walk-in shower and soaking tub. Throughout the home, updated flooring, recessed lighting, and fresh paint contribute to a pristine, move-in ready condition. Additional upgrades like owned solar with a Tesla Powerwall and a water softener system further enhance its modern appeal and efficiency.
Pros & Cons

Pros

Panoramic Ocean & City Views: The property offers breathtaking, sweeping views of the ocean and cityscape from sunrise to sunset, a premium feature enhancing desirability and value.
Extensive Modern Renovation: Thoughtfully updated with a modern, open-concept layout and a sleek kitchen featuring refined finishes, addressing the home's original build year.
Luxury Outdoor Living & Amenities: A reimagined backyard retreat includes a fire pit, built-in outdoor kitchen, and a private sauna with an outdoor shower, perfect for entertaining and relaxation.
Advanced Eco-Friendly & Smart Home Systems: Equipped with owned solar, a Tesla Powerwall, Tesla charger, and a water softener system, offering high-efficiency living and modern convenience.
Desirable Coastal Location: Conveniently located just moments from downtown Ventura, pristine beaches, hiking trails, and top-rated schools, offering an attractive lifestyle.

Cons

History of Price Reductions: Multiple price reductions from the original list price may indicate initial overpricing or market resistance, potentially raising buyer questions about value.
Potential for Hillside Property Challenges: While offering views, the hillside location may present specific maintenance considerations such as landscaping, drainage, or accessibility challenges for some buyers.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during warmer months in California, especially with large view-oriented windows.

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