398 Day Road, Ventura, California 93003, Ventura, 93003 - 5 bed, 3 bath
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398 Day Road
Ventura, California 93003
ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,450Sq Ft
7,646Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,150,000
SUMMARY
This Spacious California Ranch represents a High-Potential Investment Opportunity, currently listed at $1,150,000, which aligns with its $1,150,000 Fair Market Value. Featuring a Condition Rating of 4, the home offers significant upside through cosmetic modernization. The expansive corner lot provides rare flexibility for an ADU, while the private guest suite adds functional versatility. With Panoramic Ocean and Hillside Views and proximity to Arroyo Verde Park, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Ventura location.
Estimated Market Value
$1,150,000
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 398 Day Road Subject 5 bd · 3 ba · 2,450 sqft · $469 | $1,150,000* List Price | 5 | 3 | 2,450 | $469 | - |
A 238 Brevard Avenue Sold 4 bd · 3 ba · 2,008 sqft · $518 · 0.5 mi | $1,040,000 | 4 | 3 | 2,008 | $518 | 0.5 mi |
B 6397 Loma Vista Road Sold 4 bd · 3 ba · 2,216 sqft · $429 · 1.0 mi | $950,000 | 4 | 3 | 2,216 | $429 | 1.0 mi |
C 324 Arnett Avenue Sold 4 bd · 3 ba · 1,942 sqft · $561 · 0.2 mi | $1,090,000 | 4 | 3 | 1,942 | $561 | 0.2 mi |
D 312 Regis Avenue Sold 5 bd · 3 ba · 2,874 sqft · $390 · 0.6 mi | $1,120,000 | 5 | 3 | 2,874 | $390 | 0.6 mi |
E 5382 Edgehill Circle Sold 4 bd · 3 ba · 2,152 sqft · $590 · 0.3 mi | $1,270,000 | 4 | 3 | 2,152 | $590 | 0.3 mi |
F 37 Hastings Avenue Sold 4 bd · 2 ba · 1,624 sqft · $526 · 0.7 mi | $855,000 | 4 | 2 | 1,624 | $526 | 0.7 mi |
G 5521 Hunter Street Active 4 bd · 3 ba · 1,875 sqft · $548 · 0.5 mi | $1,027,000 List Price | 4 | 3 | 1,875 | $548 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976, this property is nearly 50 years old and shows signs of being well-maintained but dated. While there are partial updates including granite countertops and newer laminate flooring in living areas, the presence of popcorn ceilings, older cabinetry, and original door styles suggests the home has not had a comprehensive renovation in over 20 years. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Development & Utility Potential
The expansive corner lot features dedicated RV parking and significant space to build an ADU or detached garage, offering exceptional flexibility for multi-generational living or value-add investment.
- Versatile Living Layout
With 2,450 square feet and five bedrooms, the home includes a private ground-level guest suite with a separate entrance, providing an ideal setup for in-laws, a home office, or rental income.
- Prime Location & Views
Situated steps from Arroyo Verde Park, the property offers a serene park-like setting with stunning panoramic views of the ocean, Catalina Island, and the surrounding hillsides.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7646, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2450, other record living area = 2380. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Market Stagnation
The property has experienced an extended 174-day period on the market with ten consecutive price reductions, which may lead buyers to question the property's condition or initial valuation.
- Property Age
Built in 1976, the home may require significant capital investment to modernize its original systems and aesthetic finishes to meet the standards of contemporary luxury buyers.
About 398 Day Road
SELLERS ARE RETIRING, SAYS "TIME TO SELL NOW"! (REDUCED $200K!) BEST DEAL IN VENTURA! DRIVE BY, SEE IT FOR YOURSELF, THEN CALL FOR SHOWING! Big corner lot, ample parking, RV area, potential area to build ADU or detached garage! Ocean views, large 5 bedroom home, private guest/in-law quarters on ground level, park like setting property, most beautiful & private backyard you'll see! You are sure to fall in love with this California ranch style home. Situated on a large corner lot with RV parking-room for your boat or RV and room to build an ADU or whatever your imagination desires. Enjoy the park like setting that surrounds this property. Relaxing in the shade on warm summer days, hearing the sounds of all the birds signing, BBQing in the backyard, it doesn't get any better than that! This home is just steps away from one of Ventura's best known parks Arroyo Verde Park, take your dog, take your kids, take yourself on a hike, this park is awesome! Go check out Arroyo Verde Park, you'll love it! A few things you'll love about this home are the Ocean and hillside views, guest accommodations with separate entrance and full adjacent bathroom. The very best home office/library you'll see anywhere. The best front porch anywhere! All the natural light coming in the living spaces with views like no other. All the bedrooms are spacious and comfortable. The large spacious kitchen offers plenty of cupboard space and wonderful granite counter tops and a big window looking out to your own private park! This is a big home, perfect for families! You'll love the California Pepper trees, the front yard ranch fence, the grass, all the cool shade, like living in your own private park, plus there is enough space to park 10 cars if you need too! And it goes on and on! If you're tired of an ordinary cookie cutter home and are looking for something extra special that offers so much more than other properties, then you owe it to yourself to check this one out and drive by, it doesn't get any better! Tour this property today! Instructions for showings are in the listing details. This is a must see property, don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 7,646 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Poinsettia Elementary School
Grades K-5 • 0.7 mi
7/10
Anacapa Middle School
Grades 6-8 • 1.3 mi
4/10
Buena High School
Grades 9-12 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,450 | 1,627.281 |
| Lot Size | 7,646 | 6,289.688 |
| Price | $1.15M | $960.5K |
| Price per sq ft | $469 | $626 |
| Built year | 1976 | 1964 |
| HOA | $0 | $203 |
| Days on market | 187 | 58 |
Pricing History
Listed for Sale
Oct 11, 2026
$1,150,000
$1,179,900
-3% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$1,179,900
$1,199,900
-2% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$1,199,900
$1,220,000
-2% Price Drop
Initial Listing
Price Change
Aug 24, 2026
$1,220,000
$1,229,000
-1% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$1,229,000
$1,259,000
-2% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$1,259,000
$1,279,000
-2% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$1,279,000
$1,289,000
-1% Price Drop
Initial Listing
Price Change
Jul 17, 2026
$1,289,000
$1,299,000
-1% Price Drop
Initial Listing
Price Change
Jun 22, 2026
$1,299,000
$1,350,000
-4% Price Drop
Initial Listing
Price Change
Apr 20, 2026
$1,350,000
Initial Listing
Sold
Nov 21, 2018
$645,000
Public Record