5173 Teton Lane, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath

5173 Teton Lane, Ventura, California 93003 home-pic-0
ACTIVE UNDER CONTRACT$575,000
5173 Teton Lane, Ventura, California 93003
2Beds
2Baths
1,008Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Enhanced Privacy & Security: Single-story unit within a secure, gated complex with no neighbors above or below, ensuring a private and quiet living experience.
Top Cons:
Significant Association Fees: The monthly association fee of $559.0 is notably high, adding a considerable recurring cost to homeownership.

Compared to the nearby listings

Price:$575.0K vs avg $524.5K (+$50,500)66%
Size:1,008 sqft vs avg 1,169 sqft27%
Price/sqft:$570 vs avg $43782%

More Insights

Built in 1980 (45 years old).
Condition: The property, built in 1980, is well-maintained with positive updates such as wood floors and dual-pane windows. However, the kitchen features dated dark wood cabinetry and white square tile countertops/backsplash, which, despite updated appliances, are aesthetically outdated and likely from a renovation 20-30 years ago. The bathrooms are not pictured but are likely similarly dated. While functional and clean, the property shows signs of being aged and would benefit from significant updates in the kitchen and bathrooms to meet modern standards.
Year Built
1980
Close
-
List price
$575K
Original List price
$609K
Price/Sqft
$570
HOA
$559
Days on market
-
Sold On
-
MLS number
V1-32412
Home ConditionFair
Features
Patio
View-

About this home

Single story unit located in a secure gated complex. No units above or below you here, 2 bedrooms, 2 bathrooms, gorgeous wood floors, dual pane windows, shutters, nice sized patio, 2 car detached garage, laundry room inside the unit, and a beautiful fireplace. Complex has two pool areas with recently remodeled bathroom / changing areas, unit backs to a nice green park inside the complex with Marion Park also close by. Easy access to shopping, restaurants and freeways. Priced to sell, come take a look! Washer / dryer and refrigerator are included. This is a PUD - good to go on FHA and VA loans!

Nearby schools

3/10
Elmhurst Elementary School
Public,K-50.8mi
4/10
Anacapa Middle School
Public,6-81.6mi
6/10
Buena High School
Public,9-121.2mi
Condition Rating
Fair

The property, built in 1980, is well-maintained with positive updates such as wood floors and dual-pane windows. However, the kitchen features dated dark wood cabinetry and white square tile countertops/backsplash, which, despite updated appliances, are aesthetically outdated and likely from a renovation 20-30 years ago. The bathrooms are not pictured but are likely similarly dated. While functional and clean, the property shows signs of being aged and would benefit from significant updates in the kitchen and bathrooms to meet modern standards.
Pros & Cons

Pros

Enhanced Privacy & Security: Single-story unit within a secure, gated complex with no neighbors above or below, ensuring a private and quiet living experience.
Modern Interior & Energy Efficiency: Features gorgeous wood floors, dual-pane windows, and shutters, offering both aesthetic appeal and improved energy efficiency.
Robust Community Amenities: Access to two recently remodeled pool areas and direct backing to a green park within the complex, providing ample recreational opportunities.
Prime Location & Accessibility: Strategically located with easy access to shopping, restaurants, and major freeways, enhancing convenience for residents.
Broad Financing & Value Inclusions: PUD status allows for FHA and VA financing, expanding buyer eligibility, and includes essential appliances (washer/dryer, refrigerator).

Cons

Significant Association Fees: The monthly association fee of $559.0 is notably high, adding a considerable recurring cost to homeownership.
History of Price Reductions: Multiple price adjustments from the initial listing suggest potential market resistance or initial overvaluation, which could influence buyer perception.
Modest Square Footage & Age: With 1008 sqft, the unit offers limited living space, and as a 1980 build, it may require ongoing maintenance or updates despite existing improvements.

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