596 Melville Lane, Ventura, California 93003, Ventura, 93003 - 3 bed, 2 bath
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596 Melville Lane
Ventura, California 93003
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,012Sq Ft
0Lot Size
Property Price
LIST PRICE$585,000
EST. MARKET VALUE
$575,825
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $585,000—positioned slightly above the $575,825 Fair Market Value. While not a discount, the property offers a stable entry point into a desirable Ventura neighborhood. Featuring a Condition Rating of 3, the unit includes recent cosmetic updates like new flooring and paint, paired with dual-pane windows and two private patios. Located near highly-rated schools like Portola Elementary, this home provides a balanced lifestyle for first-time buyers or owner-occupants seeking a move-in ready, low-maintenance residence.
Estimated Market Value
$575,825
Based on Realkey algorithm analyzing recent comparable sales in Ventura.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 596 Melville Lane Subject 3 bd · 2 ba · 1,012 sqft · $569 | $585,000* List Price | 3 | 2 | 1,012 | $569 | - |
A 1273 San Simeon Court 1 Sold 2 bd · 2 ba · 1,074 sqft · $410 · 1.0 mi | $440,000 | 2 | 2 | 1,074 | $410 | 1.0 mi |
B 734 Yeats Lane Sold 2 bd · 1 ba · 777 sqft · $624 · 0.1 mi | $485,000 | 2 | 1 | 777 | $624 | 0.1 mi |
C 1254 Seacliff Court 2 Sold 2 bd · 2 ba · 1,124 sqft · $445 · 0.9 mi | $500,000 | 2 | 2 | 1,124 | $445 | 0.9 mi |
D 883 Murdoch Lane Sold 2 bd · 2 ba · 1,081 sqft · $619 · 0.3 mi | $669,000 | 2 | 2 | 1,081 | $619 | 0.3 mi |
E 838 Sandberg Lane Sold 2 bd · 2 ba · 1,081 sqft · $615 · 0.2 mi | $665,000 | 2 | 2 | 1,081 | $615 | 0.2 mi |
F 5516 Dorsey Street Sold 2 bd · 2 ba · 1,052 sqft · $459 · 1.0 mi | $482,700 | 2 | 2 | 1,052 | $459 | 1.0 mi |
G 1514 Tern Court Sold 3 bd · 2 ba · 1,057 sqft · $539 · 0.7 mi | $570,000 | 3 | 2 | 1,057 | $539 | 0.7 mi |
H 6647 Shakespeare Way Active 3 bd · 2 ba · 1,012 sqft · $552 · 0.1 mi | $559,000 List Price | 3 | 2 | 1,012 | $552 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1987, this property has undergone a recent cosmetic renovation including new wood-look laminate flooring, new carpeting, and fresh paint throughout. The kitchen features newly painted cabinets and the unit is in move-in ready condition. While the updates are recent (<5 years), the underlying kitchen/bath fixtures and systems appear to be well-maintained originals rather than full modern replacements, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Updates
The property features significant recent improvements, including wood-look laminate flooring, fresh interior paint, and dual-pane windows, offering a move-in-ready experience.
- Desirable End-Unit Layout
As a single-story end-unit with two private patios and a two-car garage, this home provides enhanced privacy and accessibility compared to standard condominium configurations.
- Buyer Incentives
The seller is offering a concession toward closing costs, providing a valuable financial advantage that helps offset the initial costs of homeownership.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $560 per month is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Compact Three-Bedroom Footprint
With 1,012 square feet allocated across three bedrooms, the individual room sizes and living areas may feel constrained for families or those requiring larger spaces.
About 596 Melville Lane
Welcome to this beautifully updated single-story end-unit condo in Ventura! Conveniently located with easy freeway access and close to local shops and restaurants. Step inside to a bright and open living space featuring seamless wood-look laminate flooring throughout the main living areas. Dual-pane windows with new blinds bring in plenty of natural light. The kitchen features newly painted cabinets, creating a clean and updated look. The home has been recently painted throughout, and the bedroom features new carpeting. A separate laundry closet includes the washer and dryer, making everyday living convenient. Enjoy two private patios, perfect for outdoor seating, morning coffee, or entertaining. The property also includes a two-car garage located directly behind the unit. The HOA offers desirable amenities including a pool and spa. Just a short drive to the beach and downtown Ventura, this home offers comfort, convenience, and an ideal location. Seller is offering a concession to help the buyer with closing costs! Don't miss the opportunity to make this beautifully updated Ventura condo your new home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $560.0 / Month
Neighborhood Insights
Ventura Unified Schools
Portola Elementary School
Grades K-5 • 0.5 mi
8/10
Balboa Middle School
Grades 6-8 • 0.4 mi
6/10
Buena High School
Grades 9-12 • 0.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,012 | 1,078.707 |
| Lot Size | - | 1,556.683 |
| Price | $585.0K | $510.6K |
| Price per sq ft | $578 | $480 |
| Built year | 1987 | 1978 |
| HOA | $560.0 | $474 |
| Days on market | 12 | 56 |
Pricing History
Listed for Sale
Oct 12, 2026
$585,000
Initial Listing
Sold
May 2, 2006
$430,000
Public Record
Sold
Mar 13, 2002
$228,000
Public Record
Sold
Dec 7, 1995
$90,000
Public Record