
Ojai, California 93023
This High-Potential Investment Opportunity is listed at $1,500,000, positioned well below the $1,549,953 Fair Market Value by 3%. This valuation gap provides $49,953 in Instant Equity. Featuring a Mint Condition Rating with modern renovations, the property includes a legal 2-bedroom ADU and a 4-bedroom main residence on a large .34-acre lot. With its seasonal creek and modern solar systems, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a multigenerational retreat with significant rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 569 Tico Road Subject | $1,500,000* List Price | 6 | 4 | 2,484 | $624 | - |
A 1318 La Paz Drive Sold | $1,500,000 | 4 | 3 | 1,962 | $765 | 1.0 mi |
B 1035 Moreno Drive Sold | $1,622,500 | 5 | 5 | 3,273 | $496 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary grey shaker cabinets, stone countertops, and subway tile backsplashes. Bathrooms are updated with modern vanities and tile work. The home includes updated systems such as solar panels, recessed lighting, and newer flooring, presenting in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2484.
The property features a rare legal 2-bedroom ADU plus a flexible 4-bedroom main house, offering significant potential for rental income, multigenerational living, or a private home office.
Situated on a generous .34-acre lot, the grounds include a seasonal creek and mature trees, providing a serene, private environment that captures the quintessential Ojai outdoor lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2484, other record living area = 1822. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
With six bedrooms distributed across approximately 2,484 square feet, individual room dimensions may feel constrained, potentially limiting furniture layouts for larger families.
Built in 1977, the property may require cosmetic updates or modern system upgrades to meet the expectations of buyers looking for a contemporary luxury aesthetic at this price point.
Flexible Ojai Living with a Private Yard, Creek & Legal ADUDiscover the rare combination of space, flexibility, privacy, and quintessential Ojai living at this beautifully situated .34-acre property in the heart of the Ojai Valley. Offering approximately 2,484 square feet of living space inclusive of both the main home and ADU; the property includes a 4-bedroom, 3-bath main residence plus a separate legal 2-bedroom, 1-bath ADU creating an exceptional opportunity for multigenerational living, extended guests, a private home office, or potential rental income.The thoughtfully designed layout offers room for everyone while preserving a sense of independence. The main home includes a downstairs bedroom and bath that could easily be adapted into a private lock-off area, adding yet another layer of flexibility for guests, family members, or work-from-home needs. The detached two-bedroom ADU provides a true separate living environment, ideal for family, guests, a caretaker, or potentially a long-term tenant.Outside, the property becomes an extension of the home. The generous private backyard offers room to relax, entertain, garden, play, or simply enjoy the peaceful Ojai setting. A seasonal creek meanders along the very back of the property, adding a special natural element and a sense of privacy and connection to the landscape that is increasingly difficult to find.Its central Ojai Valley location makes everyday living wonderfully convenient. Enjoy easy access to Ojai's renowned trails, restaurants, shops, galleries, farmers markets, and cultural offerings, while the nearby Ojai Valley River Preserve trails are within easy walking distance. For those who commute or enjoy the broader Central Coast, Ventura and the communities of Santa Barbara are conveniently accessible for additional employment, dining, shopping, arts, and entertainment.Whether envisioned as a welcoming family compound, a multigenerational retreat, a home with dedicated guest accommodations, or a property offering the potential for supplemental rental income, this versatile Ojai property offers an uncommon blend of possibilities. Private, connected to nature, and centrally located, it is a place designed to evolve with the way you live.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,484 | 1,691.422 |
| Lot Size | 14,810.4 | 10,676.711 |
| Price | $1.50M | $1.38M |
| Price per sq ft | $604 | $840 |
| Built year | 1977 | 1968 |
| HOA | $0 | $81 |
| Days on market | 20 | 55 |
Aug 20, 2026
$1,500,000
Initial Listing
Nov 12, 2021
$1,000,000
Public Record