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5197 Teton Lane Lane, Ventura, California 93003, Ventura, 93003 - 2 bed, 2 bath

5197 Teton Lane Lane, Ventura, California 93003 home-pic-0
ACTIVE UNDER CONTRACT$629,000
5197 Teton Lane Lane, Ventura, California 93003
2Beds
2Baths
1,190Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Expanded Floorplan with Versatile Loft: This single-story unit features a unique expanded floorplan with a stunning wrought iron staircase leading to a spacious loft, complete with its own heat/air, skylights, and additional storage, offering flexible and climate-controlled extra space.
Top Cons:
Condominium Ownership & HOA Dues: Despite feeling like a home, this is a condominium with a monthly HOA fee of $559.0, which is a recurring cost and implies shared living constraints and rules.

Compared to the nearby listings

Price:$629.0K vs avg $524.5K (+$104,500)80%
Size:1,190 sqft vs avg 1,169 sqft61%
Price/sqft:$529 vs avg $43779%

More Insights

Built in 1980 (45 years old).
Condition: This 1980-built condo has undergone extensive and high-quality renovations, making it move-in ready. The kitchen features modern stainless steel appliances, white shaker-style cabinets, subway tile backsplash, and unique faux-finish stone counters. Bathrooms are updated with designer stone and custom vanities, including a jetted tub. Beautiful wood flooring is consistent throughout, and the property boasts dual-pane windows, recessed lighting, and a custom wrought iron staircase leading to a functional loft with its own heat/air. While the original structure is older, the significant updates to key areas like the kitchen, bathrooms, and flooring elevate its condition to 'good', with all visible components appearing well-maintained and meeting current quality standards.
Year Built
1980
Close
-
List price
$629K
Original List price
$715K
Price/Sqft
$529
HOA
$559
Days on market
-
Sold On
-
MLS number
V1-31524
Home ConditionGood
Features
Patio
View-

About this home

Huge Price Reduction!This wonderfully located condo is ready for escrow!One of a kind! And full of charm! Expanded Single-Story with LOFT/Storage. Upon entering this single story, you can't miss the beautiful wood flooring, Lighted Onyx faced gas fireplace, high ceilings & upgraded kitchen or the beautiful wrought iron staircase. What? Stairs....This unit has an expanded floorplan with a stunning wrought iron staircase that leads to a spacious loft/storage complete with it's own heat/air, skylights & additional storage. We know how extra storage is needed so this gives you easy access to storage instead of a small attic with a ladder.....This kitchen shines with stainless steel appliances, faux-finish stone counters & a custom tile backsplash. Primary bedroom comes with custom built-in closet & updated bathroom with designer stone & vanity. Guest bathroom with tub/shower & custom vanity. Enjoy entertaining in the oversized dining area (which some units have made a 3rd bedroom) or outside on the private patio featuring a built-in BBQ & above head mounted gas heater, bar island & covered patio with access to 2 car garage. Finished garage interior with storage cabinets, lighting & above ceiling storage. In addition dual pane windows, window coverings & jetted spa tub.Orchard Lane is conveniently located with easy access to freeways, grocery stores, parks & local shopping. Feels more like a home than condo living. HOA amenities include two gated pools & spas, some utilities & exterior building insurance. This unit is a must see.

Nearby schools

3/10
Elmhurst Elementary School
Public,•K-5•0.8mi
4/10
Anacapa Middle School
Public,•6-8•1.7mi
6/10
Buena High School
Public,•9-12•1.2mi
Condition Rating
Good
This 1980-built condo has undergone extensive and high-quality renovations, making it move-in ready. The kitchen features modern stainless steel appliances, white shaker-style cabinets, subway tile backsplash, and unique faux-finish stone counters. Bathrooms are updated with designer stone and custom vanities, including a jetted tub. Beautiful wood flooring is consistent throughout, and the property boasts dual-pane windows, recessed lighting, and a custom wrought iron staircase leading to a functional loft with its own heat/air. While the original structure is older, the significant updates to key areas like the kitchen, bathrooms, and flooring elevate its condition to 'good', with all visible components appearing well-maintained and meeting current quality standards.
Pros & Cons

Pros

Expanded Floorplan with Versatile Loft: This single-story unit features a unique expanded floorplan with a stunning wrought iron staircase leading to a spacious loft, complete with its own heat/air, skylights, and additional storage, offering flexible and climate-controlled extra space.
Extensive Interior Upgrades & Modern Finishes: The property boasts beautiful wood flooring, an Onyx-faced gas fireplace, high ceilings, an upgraded kitchen with stainless steel appliances, faux-finish stone counters, and a custom tile backsplash. Bathrooms are updated with designer stone and custom vanities, and the primary bedroom includes a custom built-in closet.
Private & Well-Equipped Outdoor Patio: Enjoy entertaining on the private patio featuring a built-in BBQ, an overhead mounted gas heater, a bar island, and a covered area, providing an ideal outdoor living space.
Highly Functional & Organized Garage: The two-car garage offers a finished interior with storage cabinets, lighting, and above-ceiling storage, maximizing utility and organization.
Desirable Community Amenities & Prime Location: Orchard Lane provides HOA amenities including two gated pools & spas, some utilities, and exterior building insurance. The location offers convenient access to freeways, grocery stores, parks, and local shopping.

Cons

Condominium Ownership & HOA Dues: Despite feeling like a home, this is a condominium with a monthly HOA fee of $559.0, which is a recurring cost and implies shared living constraints and rules.
Age of Property (1980): While interior updates are noted, the underlying building structure is 44 years old, which may suggest older systems (e.g., plumbing, electrical beyond visible fixtures) that could require future maintenance or upgrades.
Unclear Central Air Conditioning for Main Living Area: The description explicitly mentions 'heat/air' for the loft but does not clarify the presence or type of cooling system for the main living space, which could be a comfort concern for potential buyers in warmer climates.

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