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

440 Mariposa Drive
Ventura, California 93001
Property Price
SUMMARY
Analysis of 440 Mariposa Drive, Ventura, California 93001 reveals a property with a current list price of $1,999,500, which is 6% above the estimated $1,879,303 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ventura Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 440 Mariposa Drive Subject | $1,999,500* List Price | 4 | 4 | 3,517 | $534 | - |
A 398 Aliso Street Sold | $1,575,000 | 4 | 4 | 2,848 | $553 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this unique custom estate is well-maintained but largely reflects its original 25-year-old construction. While the architectural craftsmanship and materials like the copper roof are high-end, the kitchen and bathrooms feature dated tile countertops, older cabinetry styles, and appliances that have not been modernized, placing it in the 'fair' category based on age and lack of recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Ocean Views
The property commands rare 280-degree views of the Pacific Ocean, coastline, and city lights, visible from nearly every room and a dedicated fourth-story observation tower.
- Architectural Significance
Designed in the 'Organic Architecture' style, this home features exceptional custom craftsmanship, including a copper rainwater-harvesting roof and handcrafted woodwork.
- Versatile Living Spaces
With two self-contained guest units featuring private entrances and kitchenettes, the layout is ideal for multi-generational living or potential rental opportunities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Niche Design Appeal
The unique hexagonal layout and highly specific architectural style may limit the buyer pool to those specifically seeking non-traditional, artistic residences.
- Specialized Maintenance
The custom materials and complex engineering, such as the copper roof and intricate woodwork, likely require specialized care and higher long-term maintenance costs.
About 440 Mariposa Drive
Perched high in the Ventura foothills on an exceptionally private estate lot, this one-of-a-kind residence commands breathtaking 280-degree panoramic views spanning the Pacific Ocean, coastline, harbor, pier, mountains, and city lights. Awe-inspiring ocean vistas can be enjoyed from nearly every room, the wrap-around decks & the fourth-story tower which is a true architectural showpiece. 440 Mariposa was designed & built in 1999 by the owner, Frank Peterson, in a Frank Lloyd Wright style known as Organic Architecture, that harmonizes structure with the natural environment.Its hexagonal design, handcrafted woodwork, and flowing, interconnected rooms centered around a massive, central fireplace are key elements of Wright's architectural style. Being environmentally conscious, Peterson installed a copper roof that was ingeniously engineered to channel rainwater into an underground well. Some of the many creative touches include a custom marble floor embedded with pebbles in the shape of a stream, a wrought iron railing depicting various sea animals, a handcrafted stained-glass entry, and a garage door embellished with a hand carved frieze.Both the lower level & the west wing are self-contained guest units with kitchenettes, full baths & private entrances. A truly unforgettable residence that is designed to inspire, impress, and endure.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 6,969 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Lincoln Elementary School
Grades K-5 • 0.6 mi
Cabrillo Middle School
Grades 6-8 • 0.5 mi
Ventura High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 4.0 | 2.0 | 88% |
| Square foot | 3,517 | 1,681 | 95% |
| Lot Size | 6,969 | 5,227 | 70% |
| Price | $2.00M | $1.26M | 68% |
| Price per sq ft | $569 | $770 | 27% |
| Built year | 1999 | 1965 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 188 | 2% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,999,500
Initial Listing





























































