
Ojai, California 93023
This Historic Tudor Revival Estate is a High-Potential Investment Opportunity, listed at $4,750,000—positioned above the $4,372,775 Fair Market Value. While priced at a premium, the property offers rare Mills Act tax benefits and an Excellent Condition Rating following a high-end restoration. Featuring professional-grade Viking appliances, original parquet floors, and spectacular mountain views, this landmark residence provides a unique blend of luxury and heritage. It is an ideal acquisition for Historic Preservationists or Owner-Occupants seeking a turnkey, culturally significant sanctuary in Ojai.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 Foothill Road Subject | $4,750,000* List Price | 4 | 4 | 3,474 | $1,259 | - |
A 1104 Foothill Road Sold | $5,200,000 | 4 | 5 | 3,673 | $1,416 | 0.4 mi |
B 817 Del Oro Drive Sold | $3,325,000 | 5 | 3 | 3,428 | $970 | 0.6 mi |
C 1329 N Montgomery Street Sold | $4,422,300 | 4 | 4 | 3,670 | $1,205 | 0.9 mi |
D 1131 Rancho Drive Active | $4,250,000 List Price | 6 | 5 | 3,934 | $1,080 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1928, this historic landmark has undergone a high-end restoration that places it in mint condition. The kitchen features professional-grade Viking appliances, a modern stainless steel hood, and updated stone countertops. The interior showcases pristine Venetian plaster and original parquet floors that have been perfectly preserved, meeting the criteria for a property with a recent premium renovation and no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50965, living area = 3474.
Designated as a Historic Landmark and designed by Austin Pierpont, this 1928 Tudor Revival estate offers unparalleled architectural integrity and a rich Hollywood history.
The property is enrolled in the Mills Act, providing the owner with substantial property tax reductions, which is a rare and highly desirable financial benefit for a luxury estate.
As a century-old landmarked home, the property may require specialized and potentially costly ongoing maintenance to preserve its original materials and historic character.
At a list price of $4.75M for approximately 3,474 square feet, the property commands a significant premium that may be a hurdle for buyers prioritizing interior volume.
The Estelle Clark Estate. Romance is in the Air! Gracefully situated along Ojai's prestigious Foothill Road, The Estelle Clark Estate is a true fairytale treasure where history, romance, and timeless architecture come together. Designated a Historic Landmark, this extraordinary Tudor Revival estate was commissioned in 1929 by silent screen star Estelle Clark and designed by renowned architect Austin Pierpont. During the 1930s, Clark and her husband, legendary composer Leo Robin, called the estate home. It was here that Robin composed Bob Hope's signature song, Thanks for the Memory, along with many other timeless classics. Lovingly restored while preserving the integrity of its original Tudor Revival design, the estate blends old-world craftsmanship with today's comforts. Set on approximately 1.17 acres with breathtaking mountain views, the property features a 4-bedroom, 3.5-bath main residence, an enchanting barn, and a detached yoga studio. Inside, rich architectural details define the home, from the dramatic living room with soaring barrel ceilings and Venetian plaster walls to the original oak and mahogany parquet floors and beautiful leaded and stained-glass windows that fill the interiors with natural light. Outside, lush gardens, a sparkling pool and spa, a pergola-covered glass/green house, a charming interior courtyard, and expansive terraces create an idyllic setting for relaxing or entertaining, all framed by the spectacular backdrop of Chief Peak and the Topa Topa Mountains. Just minutes from downtown Ojai, scenic hiking trails, boutique shopping, acclaimed restaurants, wine tasting rooms, farmers' markets, and the renowned Ojai Valley Inn, this is a rare opportunity to own one of Ojai's most cherished historic estates. *The property is part of the Mills Act, which results in reduced property taxes.*
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,474 | 1,768.5 |
| Lot Size | 50,965 | 11,886 |
| Price | $4.75M | $1.33M |
| Price per sq ft | $1.4K | $778 |
| Built year | 1928 | 1972 |
| HOA | $0 | $50 |
| Days on market | 8 | 61 |
Jul 14, 2026
$4,750,000
Initial Listing
Jul 2, 2014
$1,465,000
Public Record