49 Alto Drive, Oak View, California 93022, Oak View, 93022 - 3 bed, 3 bath
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49 Alto Drive
Oak View, California 93022
ACTIVE
CONDITION: GOOD
3Beds
3Baths
4,230Sq Ft
87,556Lot Size
Property Price
LIST PRICE$2,195,000
EST. MARKET VALUE
$2,245,480
SUMMARY
This Mediterranean-inspired estate represents a Prime Investment Opportunity, listed at $2,195,000—positioned well below the $2,245,480 Fair Market Value by 2%. This valuation gap offers $50,480 in Instant Equity. Featuring African Mahogany millwork, hickory floors, and a gourmet kitchen with Wolf appliances, the home maintains a Condition Rating of 3. With panoramic Lake Casitas views and a sprawling two-acre lot, this property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a high-end, move-in ready sanctuary.
Estimated Market Value
$2,245,480
Based on Realkey algorithm analyzing recent comparable sales in Oak View.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49 Alto Drive Subject | $2,195,000* List Price | 3 | 3 | 4,230 | $531 | - |
A 10995 Alto Court Active | $2,650,000 List Price | 4 | 4 | 4,217 | $628 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1988, the property shows high-end renovations likely within the 10-15 year range. The kitchen features premium Wolf appliances and granite countertops, and the bathrooms are updated with stone tiling. With African Mahogany millwork and hickory floors in excellent condition, the home is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87556, living area = 4230.
- Breathtaking Lake Views
The estate offers stunning, unobstructed panoramic views of Lake Casitas and the surrounding mountains, providing a serene and picturesque backdrop from the primary suite and main living areas.
- Premium Craftsmanship
Built with exceptional attention to detail, the home features high-end finishes including African Mahogany doors and windows, hickory flooring, and custom millwork that reflect timeless Mediterranean elegance.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
Despite the generous 4,230 square footage, the home only offers three dedicated bedrooms, which may not meet the needs of larger families or buyers seeking more private quarters.
- Segmented Lot Utility
A portion of the two-acre lot is located across the driveway and features sloped terrain, which may limit the immediate usability of the entire acreage for traditional landscaping or expansion.
About 49 Alto Drive
Welcome to a truly exceptional Mediterranean inspired estate where timeless architecture, extraordinary craftsmanship, and breathtaking natural beauty come together on approximately two private acres overlooking spectacular Lake Casitas.Nestled beneath a canopy of majestic oak trees, this custom-built residence offers approximately 4,230 square feet with 3 bedrooms, 3 bathrooms, and a versatile office/media room/ possible fourth bedroom. From the smooth stucco exterior to the rich African Mahogany doors, windows, and custom millwork, every detail reflects enduring quality and thoughtful design.Inside, soaring ceilings and beautiful hickory floors create a warm yet elegant atmosphere. The heart of the home is an expansive great room with a fireplace that flows seamlessly into the gourmet kitchen, featuring granite countertops, a generous center island with seating, and a Wolf range designed for both everyday living and entertaining. A spacious main level guest suite provides comfort and privacy for family or visitors, while the flexible office/media room offers endless possibilities to fit your lifestyle.Upstairs, the luxurious primary retreat is a sanctuary unto itself. Enjoy a cozy fireplace, an oversized walk-in closet, spa-inspired bathroom with soaking tub and separate shower, and a private balcony perfectly positioned to capture panoramic Lake Casitas views. An ideal setting for morning coffee, quiet meditation, or watching the sun set over the horizon.Step outside onto the expansive deck where indoor and outdoor living blend effortlessly, surrounded by mature oaks and the peaceful sounds of nature. Beyond the main homesite, the property includes an additional section across the driveway that gently climbs to even more open space. Ideally located on the west side of the Ojai Valley in charming Oak View, this remarkable property offers convenient access to Lake Casitas, Ventura, and Santa Barbara while enjoying unforgettable sunsets, abundant natural beauty, and the tranquility that makes this location so special.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 87,556 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 4,230 | 1,740.353 |
| Lot Size | 87,556 | 21,587.529 |
| Price | $2.19M | $998.5K |
| Price per sq ft | $519 | $688 |
| Built year | 1988 | 1959 |
| HOA | $0 | $700 |
| Days on market | 35 | 53 |
Pricing History
Listed for Sale
Aug 5, 2026
$2,195,000
Initial Listing
Sold
Apr 20, 2010
$612,000
Public Record
Sold
Apr 4, 2003
$580,909
Public Record