440 Mariposa Drive, Ventura, California 93001, Ventura, 93001 - 4 bed, 4 bath

440 Mariposa Drive, Ventura, California 93001 home-pic-0
ACTIVE$1,999,999
440 Mariposa Drive, Ventura, California 93001
4Beds
4Baths
3,517Sqft
6,969Lot

Price Vs. Estimate

The estimated value ($1,999,999) is $0 (0%) lower than the list price ($1,999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts breathtaking panoramic 360-degree views of the city, ocean, and rolling hills from multiple vantage points, including a rooftop lookout and wraparound decks, significantly enhancing its appeal and value.
Top Cons:
Niche Architectural Style: The highly unique and specific hexagonal, Frank Lloyd Wright-inspired design, while a strength for some, may appeal to a narrower buyer pool compared to more conventional home styles.

Compared to the nearby listings

Price:$2.00M vs avg $1.30M (+$699,949)72%
Size:3,517 sqft vs avg 1,742.5 sqft92%
Price/sqft:$569 vs avg $77029%

More Insights

Built in 1999 (26 years old).
Condition: Built in 1999, this unique Frank Lloyd Wright-inspired home is exceptionally well-maintained with minimal wear and tear. However, the kitchen and bathrooms, while functional and clean, retain their original 1999 aesthetic with specific wood cabinetry, stone countertops, and tile choices that are now considered outdated. Appliances are a mix, with some appearing older. While move-in ready, a buyer seeking contemporary styles would likely plan for significant updates to these key areas. The property fits the 'Fair' criteria as it is aged but maintained, with major components functional but showing signs of being outdated stylistically.
Year Built
1999
Close
-
List price
$2M
Original List price
$2.5M
Price/Sqft
$569
HOA
-
Days on market
-
Sold On
-
MLS number
25572931
Home ConditionFair
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean
Deck
ViewCity Lights,Coastline,Mountain(s),Ocean

About this home

Welcome to 440 Mariposa Drive, nestled in the scenic hills of Ventura with breathtaking panoramic views of the city and ocean. Built in 1999, this architecturally striking 4-bedroom, 3.5-bathroom home was inspired by the legendary Frank Lloyd Wright. Its hexagonal design, handcrafted woodwork, and exceptional craftsmanship make it truly one of a kind. Designed with sustainability in mind by environmentally conscious owners, the home features a copper roof ingeniously engineered to once direct rainwater into an underground well. Inside, the flexible layout features multiple rooms with private entrances ideal setup for rental income, guest accommodations, or multi-generational living. A spiral staircase leads up to a hexagon-shaped rooftop lookout, perfect for soaking in the 360-degree views of the ocean, city, and rolling hills. Each level also boasts wraparound decks, offering a place to hang out in the fresh air and take in the scenery without ever leaving home. Step outside to a beautifully landscaped yard filled with tropical greenery, fruit and olive trees that thrive in Ventura's ideal climate. The spacious deck, once graced by Jane Fonda herself, provides a special space for entertaining or unwinding under the California sky all while enjoying the endless views. With 3,517 sq ft of living space on a rare, fully usable 6,969 sq ft lot in the hills, the possibilities for outdoor enjoyment and customization are endless. This isn't just a home, it's a piece of art. A must-see! Seller is motivated!

Nearby schools

4/10
Lincoln Elementary School
Public,K-50.6mi
6/10
Cabrillo Middle School
Public,6-80.5mi
6/10
Ventura High School
Public,9-120.8mi
Condition Rating
Fair

Built in 1999, this unique Frank Lloyd Wright-inspired home is exceptionally well-maintained with minimal wear and tear. However, the kitchen and bathrooms, while functional and clean, retain their original 1999 aesthetic with specific wood cabinetry, stone countertops, and tile choices that are now considered outdated. Appliances are a mix, with some appearing older. While move-in ready, a buyer seeking contemporary styles would likely plan for significant updates to these key areas. The property fits the 'Fair' criteria as it is aged but maintained, with major components functional but showing signs of being outdated stylistically.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic 360-degree views of the city, ocean, and rolling hills from multiple vantage points, including a rooftop lookout and wraparound decks, significantly enhancing its appeal and value.
Unique Architectural Design: Inspired by Frank Lloyd Wright, the home features an architecturally striking hexagonal design with handcrafted woodwork and exceptional craftsmanship, making it a truly one-of-a-kind residence.
Income Potential & Flexible Living: The flexible layout includes multiple rooms with private entrances, offering an ideal setup for generating rental income, accommodating guests, or facilitating multi-generational living arrangements.
Sustainable Design Elements: Designed with sustainability in mind, the home features a copper roof engineered to direct rainwater into an underground well, appealing to environmentally conscious buyers.
Significant Price Reduction: The property has seen a substantial price reduction from its original listing, presenting a more attractive investment opportunity for potential buyers.

Cons

Niche Architectural Style: The highly unique and specific hexagonal, Frank Lloyd Wright-inspired design, while a strength for some, may appeal to a narrower buyer pool compared to more conventional home styles.
Uncertainty of Sustainable System Functionality: The description states the copper roof was 'engineered to once direct rainwater into an underground well,' implying the system may not be currently operational or maintained, potentially requiring inspection and investment.
Implied Market Challenges: The phrase 'Seller is motivated!' combined with multiple price reductions suggests the property may have faced challenges in the market or that its unique features are not universally valued at previous price points, potentially raising buyer concerns.

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