
Ojai, California 93023
This property presents a High-Potential Investment Opportunity with a List Price of $1,350,000, currently aligned with its $1,350,000 Fair Market Value. While the home maintains a Condition Rating of 4, its 1990 construction offers a solid foundation for modernization. The expansive 16,117 sq. ft. lot, detached studio, and panoramic mountain views provide significant value-add potential for those looking to personalize the space. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through renovation in a premier Ojai setting.
Property is moderate renovation needed.
Built in 1990, this 36-year-old property remains in mostly original condition. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and fluorescent light boxes typical of the era. While the home appears well-maintained and functional, it requires significant cosmetic updates and modernization of systems to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 2048.
The property's elevated hillside position provides sweeping mountain vistas and vibrant sunset exposures, which are highly coveted features in the Ojai market.
The inclusion of a detached studio and an additional outbuilding offers significant flexibility for guest housing, a creative workspace, or a home office.
With over 100 days on the market and a prior price reduction of $99,000, the property has faced challenges in securing a buyer at its initial valuation.
Built in 1990 and described as having 'room to personalize,' the home likely requires capital expenditure to update its original finishes to meet modern luxury standards.
Positioned on a scenic hillside in Ojai, this property offers a rare blend of privacy, views, and long-term upside in one of the area's most desirable settings. With sweeping mountain vistas and vibrant sunset exposures, the location alone makes this a standout opportunity for both homeowners and investors.The two-story home features a light-filled interior with large windows and sliding glass doors that frame the surrounding landscape. An expansive upper deck takes full advantage of the elevated setting, perfect for enjoying Ojai's signature sunsets or entertaining guests.The property also includes a detached studio and an additional outbuilding, offering flexible space for a variety of uses such as guest accommodations, creative workspace, or endless possibilities to suit your needs (buyer to verify). Outdoor areas include terraced sections and established landscaping, creating a natural extension of the living space.Conveniently located just minutes from downtown Ojai, this property presents an opportunity to enjoy as-is while also offering room to personalize and enhance over time. A compelling option for those looking to invest in both lifestyle and value in a highly sought-after market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,048 | 1,691.422 |
| Lot Size | 16,117.2 | 10,676.711 |
| Price | $1.35M | $1.38M |
| Price per sq ft | $659 | $840 |
| Built year | 1990 | 1968 |
| HOA | $0 | $81 |
| Days on market | 126 | 55 |
May 24, 2026
$1,350,000
$1,449,000
-7% Price Drop
Initial Listing
May 6, 2026
$1,449,000
Initial Listing