
Ojai, California 93023
This historic Austen Pierpont-designed estate represents a High-Potential Investment Opportunity, listed at a List Price of $3,300,000—positioned well below the $3,371,242 Fair Market Value by 2%. This valuation gap offers $71,242 in Instant Equity. With a Condition Rating of 4, the property requires modernization of core systems to meet luxury standards. Featuring expansive level acreage, breathtaking mountain views, and a detached workshop, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a landmark Ojai restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 610 W Eucalyptus Street Subject 5 bd · 5 ba · 3,722 sqft · $906 | $3,300,000* List Price | 5 | 5 | 3,722 | $906 | - |
A 918 El Toro Road Active 4 bd · 4 ba · 3,597 sqft · $771 · 0.4 mi | $2,775,000 List Price | 4 | 4 | 3,597 | $771 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929 and on the market for the first time in 65 years, the property is a well-preserved historic estate but is functionally dated. While the living areas appear clean and well-maintained, the long-term ownership and 'vintage' descriptions suggest that the kitchen, bathrooms, and core systems (HVAC/Electric) likely exceed 20-30 years in age and require modernization to meet current standards.
Designed by renowned architect Austen Pierpont in 1929, this landmark estate offers rare historical significance and timeless character that is highly coveted in the Ojai Valley.
The property features over an acre of flat, maturely landscaped land, providing a rare combination of privacy, mountain views, and proximity to downtown Ojai.
With dual primary suites and a detached garage facility including a workshop/studio, the estate offers exceptional flexibility for guests, multi-generational living, or creative work.
Offered for the first time in 65 years, the residence may require significant capital investment to update 1920s-era systems and finishes to meet modern luxury standards.
The preservation of vintage architectural details and aging outdoor amenities, such as the original pool cabanas, may lead to higher ongoing maintenance and restoration costs.
Originally designed by renowned architect Austen Pierpont and built in 1929, this landmark Ojai estate offers an extraordinary opportunity to own a piece of the Valley's rich architectural history. Offered on the market for the first time in 65 years, the residence rests on a flat, maturely landscaped parcel of over one acre along a tranquil street, just moments from downtown Ojai. Rich in character and timeless appeal, the five-bedroom, four-and-a-half-bath home is framed by breathtaking mountain views. The thoughtfully designed floor plan features a library/study with a powder room, a formal dining room opening to an enclosed sunroom, and dual primary suites--each complete with its own private sitting area. Outdoors, the expansive grounds are crafted for relaxed living and effortless entertaining. A picturesque central courtyard provides an ideal setting for alfresco dining, while the swimming pool is accompanied by vintage changing cabanas beneath Ojai's iconic skies. Completing the estate is a detached garage facility featuring a standard two-car bay alongside a separate, single-car bay suited for a workshop or creative studio--offering exceptional functional flexibility distinct from the main home. A rare synthesis of architectural heritage, level acreage, privacy, and views, 610 W. Eucalyptus Street represents one of the most compelling offerings in Ojai.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 5.0 | 2.2 |
| Square foot | 3,722 | 1,795.352 |
| Lot Size | 47,044 | 11,438.426 |
| Price | $3.30M | $1.44M |
| Price per sq ft | $887 | $823 |
| Built year | 1929 | 1970 |
| HOA | $0 | $134 |
| Days on market | 9 | 64 |
Oct 15, 2026
$3,300,000
Initial Listing