5651 E Mulberry Ridge Drive, Camarillo, California 93012, Camarillo, 93012 - 3 bed, 3 bath
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Camarillo, California 93012
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $949,000—positioned well below the $953,766 Fair Market Value by 0.5%. This valuation gap offers $4,766 in Instant Equity. Featuring a Fair Condition Rating, the home requires cosmetic modernization, yet offers significant upside through its 8,276-square-foot lot and Mountain Views. Located near Top-Rated Schools like Rancho Campana High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5651 E Mulberry Ridge Drive Subject | $949,000* List Price | 3 | 3 | 1,968 | $485 | - |
A 5525 Laurel Ridge Lane Sold | $885,000 | 3 | 2 | 1,444 | $613 | 0.2 mi |
B 6090 Saddleback Way Sold | $965,000 | 4 | 3 | 2,122 | $455 | 0.4 mi |
C 5249 Goldenridge Court Sold | $1,010,000 | 3 | 3 | 1,719 | $588 | 0.8 mi |
D 5750 Brandywine Court Sold | $875,000 | 4 | 2 | 1,574 | $556 | 0.7 mi |
E 5112 Via Calderon Sold | $865,000 | 3 | 3 | 1,493 | $579 | 0.8 mi |
F 1374 Saddleback Trail Active | $899,000 List Price | 3 | 2 | 1,780 | $505 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976 (48 years old), the property is well-maintained but significantly dated, featuring original-style green carpeting, older bathroom fixtures, and a kitchen that requires modernization. The listing's emphasis on 'opportunity' and 'potential' confirms it needs substantial cosmetic updates and likely system (HVAC/Electric) evaluations due to its age, though it remains functional and move-in ready for a non-discerning buyer.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1968.
High School: Rancho Campana High (9/10).
Situated on a desirable street in the coveted Mission Oaks neighborhood, the property is within close proximity to award-winning schools, including a high school with a 9/10 rating.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1968, other record living area = 1908.
Marketed as a 'canvas to create your dream home,' the property likely requires substantial cosmetic and functional renovations to meet modern standards and buyer expectations.
Built in 1976, the home may feature original systems or dated architectural elements that could necessitate additional investment for repairs or modernization beyond simple aesthetics.
Opportunity awaits in one of Mission Oaks' most coveted neighborhoods! Set on one of the community's most desirable streets, this 3-bedroom, 2.5-bath home with a spacious loft offers 1,968 square feet of living space on an expansive 8,276-square-foot lot, providing the perfect canvas to create the home of your dreams.The desirable floor plan features a downstairs primary suite with an en-suite bathroom, plus a convenient powder room for guests. The kitchen opens to the dining and living areas, creating an inviting layout for everyday living and entertaining. With abundant cabinetry, bar seating, and a breakfast counter, the kitchen offers both style and functionality.Beautiful doors lead to a private backyard with room to design your own outdoor oasis. Just off the kitchen, an elevated deck captures beautiful mountain views and is the perfect spot for barbecuing, outdoor dining, or enjoying your morning coffee.Upstairs, you'll find two generously sized bedrooms, a large full bathroom, and an oversized loft that offers endless versatility. Whether you need a home office, playroom, media room, den, or have visions of creating a fourth bedroom, this flexible space can easily accommodate your needs.Ideally located near award-winning schools, parks, hiking trails, shopping, and dining, this is a rare opportunity to own a home with incredible potential in one of Camarillo's most sought-after neighborhoods. Bring your vision and make it your own!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,968 | 1,824 |
| Lot Size | 8,276 | 6,098 |
| Price | $949.0K | $957.0K |
| Price per sq ft | $482 | $499 |
| Built year | 1976 | 1981 |
| HOA | $0 | $330 |
| Days on market | 6 | 53 |
Jul 16, 2026
$949,000
Initial Listing