
Ventura, California 93003
This hillside residence presents a High-Potential Investment Opportunity with a List Price of $1,570,000—positioned well above the $1,488,627 Fair Market Value by -5%. Featuring a Condition Rating of 4, this property serves as a blank canvas for modernization. The expansive 9,583 sq. ft. lot and panoramic coastal views provide a rare foundation for value-add renovation. Located near top-rated Poinsettia Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to customize a premier Skyline Estates retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5538 Kamet Court Subject 4 bd · 2 ba · 2,057 sqft · $655 | $1,450,000* List Price | 4 | 2 | 2,057 | $655 | - |
A 238 Brevard Avenue Sold 4 bd · 3 ba · 2,008 sqft · $518 · 0.5 mi | $1,040,000 | 4 | 3 | 2,008 | $518 | 0.5 mi |
B 5382 Edgehill Circle Sold 4 bd · 3 ba · 2,152 sqft · $590 · 0.2 mi | $1,270,000 | 4 | 3 | 2,152 | $590 | 0.2 mi |
C 5803 Bays Street Sold 3 bd · 2 ba · 1,710 sqft · $614 · 0.5 mi | $1,050,000 | 3 | 2 | 1,710 | $614 | 0.5 mi |
D 324 Arnett Avenue Sold 4 bd · 3 ba · 1,942 sqft · $561 · 0.4 mi | $1,090,000 | 4 | 3 | 1,942 | $561 | 0.4 mi |
E 748 Via Arroyo Sold 3 bd · 3 ba · 2,260 sqft · $509 · 0.8 mi | $1,150,000 | 3 | 3 | 2,260 | $509 | 0.8 mi |
F 683 Colina Vista Sold 3 bd · 2 ba · 1,795 sqft · $641 · 0.9 mi | $1,150,000 | 3 | 2 | 1,795 | $641 | 0.9 mi |
G 6219 Loma Vista Road Sold 4 bd · 2 ba · 1,828 sqft · $588 · 0.6 mi | $1,075,000 | 4 | 2 | 1,828 | $588 | 0.6 mi |
H 542 Valley View Way Active 4 bd · 3 ba · 2,274 sqft · $704 · 0.2 mi | $1,600,000 List Price | 4 | 3 | 2,274 | $704 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property is explicitly marketed as a 'blank canvas,' indicating it is dated and requires modernization. The kitchen and bathrooms feature older white cabinetry, dated tile countertops, and appliances that appear to be 20+ years old. While the home is clean and functional, it needs significant cosmetic updates and likely system overhauls to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2057.
The property offers exceptional, expansive views of the Pacific Ocean, five Channel Islands, and the Santa Monica Mountains, with sightlines available from every bedroom and a dedicated viewing deck.
Situated on a quiet cul-de-sac in the prestigious Skyline Estates, the home occupies a generous 9,583 sq. ft. lot and is located less than half a mile from a highly-rated elementary school.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2057, other record living area = 1844.
The description of the home as a 'blank canvas' ready for 'personal touches' suggests the property likely requires a substantial capital investment to modernize the 1974 interiors.
For a four-bedroom home at this price point, the presence of only two bathrooms may be considered insufficient for modern family needs and could impact overall functional utility.
Located in Ventura's scenic hillside community of Skyline Estates, 5538 Kamet Court offers an exceptional opportunity to create your dream home with panoramic views. This 4-bedroom, 2-bathroom cul-de-sac home features approximately 2,057 sq. ft. of living space on a generous 9,583 sq. ft. lot. The unique hillside setting captures expansive views of the Pacific Ocean, Channel Islands, Ventura, the Oxnard Plains, and the Santa Monica Mountains. The main level features a living room with fireplace, kitchen, dining area, spacious bedroom, and bathroom. Upstairs, you'll find three additional bedrooms, a bathroom, and a viewing deck, with spectacular views from each bedroom. A true blank canvas, this home is ready for your personal touches and vision. The owner states that on a clear day, you can see five of the eight Channel Islands. Don't miss the opportunity to transform this hillside property into your own private retreat.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,057 | 1,627.281 |
| Lot Size | 9,583 | 6,289.688 |
| Price | $1.45M | $960.5K |
| Price per sq ft | $705 | $626 |
| Built year | 1974 | 1964 |
| HOA | $0 | $203 |
| Days on market | 38 | 58 |
Oct 17, 2026
$1,450,000
$1,470,000
-1% Price Drop
Initial Listing
Oct 8, 2026
$1,470,000
$1,500,000
-2% Price Drop
Initial Listing
Sep 29, 2026
$1,500,000
$1,570,000
-4% Price Drop
Initial Listing
Sep 16, 2026
$1,570,000
Initial Listing
Mar 9, 2007
$986,000
Public Record