3155 Porter Lane, Ventura, California 93003, Ventura, 93003 - 5 bed, 3 bath
Loading property details...
Ventura, California 93003
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,115,388 Fair Market Value by 1.47%. This valuation gap offers $16,388 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a Permitted Studio ADU, a 2022 spa-like bathroom remodel, and a 2021 backyard transformation. This property is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a versatile, move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3155 Porter Lane Subject | $1,099,000* List Price | 5 | 3 | 1,649 | $676 | - |
A 3179 Porter Lane Sold | $910,000 | 4 | 2 | 1,725 | $528 | 0.0 mi |
B 732 Lemon Grove Avenue Sold | $915,000 | 3 | 1 | 1,204 | $760 | 0.3 mi |
C 2542 Poli Street Sold | $1,270,000 | 3 | 2 | 1,638 | $775 | 1.0 mi |
D 109 S Dunning Active | $1,349,000 List Price | 3 | 3 | 1,600 | $843 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features extensive recent renovations that meet the 'Excellent' criteria, including a spa-like bathroom redesign and new HVAC system in 2022, a complete backyard transformation in 2021, and fresh interior/exterior paint in 2024 and 2026. The kitchen is fully remodeled with modern finishes, and the addition of a permitted ADU adds significant value to this mint-condition, move-in-ready home.
The property features a permitted studio ADU with a private entrance and kitchenette, providing versatile options for rental income, guest quarters, or a professional home office.
Significant improvements include a 2022 spa-like bathroom redesign, a new HVAC system, and a 2021 backyard overhaul with stamped concrete and a built-in basketball court.
The home boasts modern aesthetics with vaulted ceilings, wood flooring, a remodeled kitchen, and fresh interior and exterior paint completed between 2024 and 2026.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1649, other record living area = 1293.
With five total bedrooms distributed across only 1,649 square feet, the interior layout may feel compact, potentially resulting in smaller individual room dimensions.
The local elementary school is rated a 4/10, which may be a drawback for families prioritizing high-ranking public education within walking distance.
4 BEDROOM HOME + PERMITTED ADU - Perfectly positioned in the heart of Ventura, this beautifully updated property offers a 4-bedroom, 2-bath main residence plus a permitted studio ADU with its own bathroom and private entrance. Ideal for multigenerational living, guests, a home office, or rental income potential, the ADU provides a unique opportunity seldom found in such a centrally located neighborhood. Thoughtfully upgraded throughout the years, the main home features vaulted ceilings in the living room, beautiful wood flooring throughout much of the home, and a remodeled kitchen complete with a breakfast bar. The hallway bathroom was extensively redesigned in 2022 and expanded into a spa-like retreat featuring a freestanding soaking tub and elevated finishes. The primary suite offers an en-suite bathroom along with direct access to the backyard. Designed for both entertaining and everyday enjoyment, the backyard was completely transformed in 2021 and offers stamped concrete hardscaping, a large, covered patio, low-maintenance turf with drainage system, drip irrigation, ambient lighting, and a built-in basketball court - creating the perfect setting for gathering, relaxing, and play. Privately situated above the garage, the permitted studio ADU features vaulted ceilings, a kitchenette, bathroom, and a completely separate entrance from the main home. Additional upgrades include a new heater and air conditioning system for the main house in 2022, along with fresh interior and exterior paint completed in 2024 and 2026. Opportunities like this are few and far between - come experience this special Ventura property and all the versatility it has to offer.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,649 | 1,643.5 | 50% |
| Lot Size | 6,098 | 6,969 | 35% |
| Price | $1.10M | $972.5K | 60% |
| Price per sq ft | $666 | $593 | 67% |
| Built year | 1955 | 1962 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 134 | 6% |
May 18, 2026
$1,099,000
Initial Listing
Oct 2, 2009
$421,000
Public Record
Jun 24, 2005
$659,000
Public Record