642 Tico Road, Ojai, California 93023, Ojai, 93023 - 4 bed, 3 bath
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Ojai, California 93023
This Hillside Estate represents a Strong Value Opportunity, listed at $3,695,000—positioned well below the $3,535,572 Fair Market Value by 4%. Featuring a Mint Condition Rating, this property offers a rare Dual-Residence Versatility with a 4-bedroom main home and a separate 2-bedroom guesthouse. With Panoramic Valley Views, solar infrastructure, and a sprawling two-acre lot, it provides a sophisticated lifestyle. This is an ideal acquisition for Multi-Generational Families or Investors seeking a high-end, income-producing asset in Ojai.
Property is new construction or fully renovated.
While originally built in 1990, the property features high-end renovations likely completed within the last 5 years, particularly in the bathrooms which showcase modern shaker vanities, gold hardware, and contemporary tiling. The home is in mint condition with updated flooring, solar systems, and manicured grounds, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91040, living area = 2915.
The property includes a fully separate 2-bedroom guesthouse with its own private yard and two-car garage, providing significant potential for rental income, multi-generational living, or a secluded home office.
Perched on a private two-acre hillside, the estate offers breathtaking valley and mountain views through floor-to-ceiling windows and wraparound decks, complemented by a mature avocado and citrus orchard.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
With 135 days on the market and a substantial price reduction of over $500,000, the property may carry a stigma regarding its initial overpricing or specific buyer hesitation.
The expansive two-acre hillside lot and mature orchards, combined with a 1990 construction date, suggest high ongoing landscaping costs and potential upcoming capital expenditures for aging systems.
Perched on a private hillside, this gated Ojai property offers sweeping valley views, privacy, and versatility across two residences on approximately two manicured acres. The 4-bedroom, 3-bath main home is positioned to capture panoramic views through floor-to-ceiling living room windows, filling the space with natural light. Wraparound decks provide ideal spaces for outdoor dining, entertaining, and enjoying Ojai's mountain scenery. Inside, updated bathrooms and tasteful finishes complement the home's comfortable layout. Additional features include solar, a workshop, two-car garage, and generous parking for guests, storage, or recreational vehicles.The property is enhanced by mature avocado and citrus trees, creating a classic Ojai orchard setting. A separate 2-bedroom, 1-bath guesthouse is located beyond the main gate and includes its own fenced yard, panoramic views, and a private two-car garage. This second residence is well suited for guests, extended family, rental potential, or a private office.A rare opportunity to own a hillside estate offering privacy, views, acreage, and a guest residence, located just minutes from downtown Ojai's shops, restaurants, and arts community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,915 | 1,768.5 |
| Lot Size | 91,040.398 | 11,886 |
| Price | $3.69M | $1.33M |
| Price per sq ft | $1.3K | $778 |
| Built year | 1990 | 1972 |
| HOA | $0 | $50 |
| Days on market | 140 | 61 |
Apr 28, 2026
$3,695,000
$4,200,000
-12% Price Drop
Initial Listing
Mar 4, 2026
$4,200,000
Initial Listing