700 Thomas Street, Oak View, California 93022, Oak View, 93022 - 4 bed, 4 bath

700 Thomas Street
Oak View, California 93022
Property Price
SUMMARY
Analysis of 700 Thomas Street, Oak View, California 93022 is currently available with a list price of $2,950,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oak View Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained 1987 Mediterranean estate in move-in ready condition. It features high-quality architectural details such as vaulted beamed ceilings, wood-burning fireplaces, and a spa-inspired primary ensuite. While the 37-year age suggests some systems or cosmetic styles may lean toward 'Fair' based strictly on date, the 'spa-inspired' updates and overall 'refined ambiance' described indicate the home has been updated or exceptionally maintained to meet 'Good' standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 329749, living area = 4006.
- Development Potential
The property includes two legal parcels, featuring a 4.4-acre buildable plateau with an existing water meter and recorded map, offering exceptional value for future expansion, a guest house, or resale.
- Panoramic Views
Strategically designed with walls of windows, the home captures breathtaking, unobstructed views of the Sulphur Mountain range and the Ojai Valley from nearly every room.
CONSRISKS & DEFICIENCIES
- Potential Modernization Needs
Built in 1987, the 4,000-square-foot home may require cosmetic updates or system modernizations to meet the expectations of contemporary luxury buyers.
- High Maintenance Scale
The vast acreage and large square footage necessitate significant ongoing maintenance and land management, which may be a drawback for those seeking a low-maintenance lifestyle.
About 700 Thomas Street
A rare opportunity to own a private Ojai Valley estate offering exceptional acreage, breathtaking views, and endless potential. This remarkable 7.57-acre property consists of two legal parcels, delivering flexibility for future development, expansion, or multi-generational living. The primary 3.15-acre parcel features a beautifully designed, single-story Mediterranean-style residence spanning approximately 4,000 square feet. The home offers 4 generous bedrooms, 2 full baths, and 2 half baths, thoughtfully designed with an open, flowing floor plan. Soaring vaulted and beamed ceilings, abundant natural light, and rich architectural detail create a warm yet refined ambiance throughout.The expansive kitchen seamlessly connects to two dining areas, a spacious family room, and a separate living room--both anchored by inviting wood-burning fireplaces. The primary suite features a large walk-in closet and a spa-inspired ensuite bath withsoaking tub and separate shower. Walls of windows throughout the home frame sweeping views of the Sulphur Mountain range and the Ojai Valley below.The adjacent 4.4-acre parcel features a huge, buildable plateau, includes an existing water meter and a recorded parcel map documenting all the necessary easements for utilities and ingress/egress--ideal for a guest home, vineyard, equestrian facilities, rental units, or a second custom residence. This additional parcel has an estimated value of approximately $1M. Perfectly positioned to offer complete privacy and tranquility while remaining just minutes from the spiritual nexus of Ojai, 15 minutes to Ventura, and approximately 60 minutes to Los Angeles, this exceptional property captures the essence of the Ojai Valley lifestyle--space, serenity, and limitless potential. A truly rare opportunity where land, views, home and lifestyle converge. *Adjacent but not part of the Saddle Mountain HOA.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 329,749.188 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 4,006 | 1,538.5 | 92% |
| Lot Size | 329,749.188 | 11,325 | 96% |
| Price | $2.95M | $1.02M | 92% |
| Price per sq ft | $736 | $728 | 54% |
| Built year | 1987 | 1962 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 130 | 194 | 31% |
Pricing History
Listed for Sale
Oct 28, 2025
$2,950,000
Initial Listing

























