861 Oak Grove Court, Ojai, California 93023, Ojai, 93023 - 5 bed, 7 bath

861 Oak Grove Court, Ojai, California 93023 home-pic-0
ACTIVE$3,800,000
861 Oak Grove Court, Ojai, California 93023
5Beds
7Baths
6,357Sqft
87,120Lot
Year Built
2002
Close
-
List price
$3.8M
Original List price
$4.3M
Price/Sqft
$598
HOA
$450
Days on market
-
Sold On
-
MLS number
V1-26604
Home ConditionGood
Features
Excellent View: Mountain(s), Pond
Pool
Patio
ViewMountain(s), Pond

About this home

We found 3 Cons,6 Pros. Rank: price - $3.80M(96th), sqft - 6357(99th), beds - 5(95th), baths - 7(99th).

Exquisite Rancho Matilija Estate - A One-of-a-Kind Ojai Retreat nestled within the prestigious gated community of Rancho Matilija, this extraordinary Ojai estate spans two lush acres, offering a blend of luxury, tranquility, and sophisticated living. This expansive compound features a main house, pool house, private studio, and a spacious workshop, making it a rare and remarkable find. A Property Designed for Elegant Living & Entertaining. Surrounded by lush fruit trees, serene water features, and a picturesque pond beneath a charming trellis, the outdoor spaces are designed for both relaxation and entertainment. A custom-built BBQ area and multiple garden retreats create an idyllic atmosphere for hosting gatherings or unwinding in nature's beauty. Grand Interiors with Timeless Elegance! Step through the intricate glass entry doors into a breathtaking 20-foot foyer, where warm travertine floors and elegant architectural details set the tone for luxury. To the right, a cozy parlor with a fireplace welcomes intimate conversations, while to the left, a formal dining room flows seamlessly into a chef's dream kitchen--a space designed for culinary excellence. Expansive central island with built-in sink, premium stainless steel appliances & wine cooler, under-cabinet lighting for a sophisticated touch. This estate boasts four en-suite bedrooms, each offering privacy and comfort. The primary suite is a true retreat, featuring: A cozy fireplace, Garden views from oversized windows and two spacious walk-in closets. Additional Features include: RV parking, private water well, breathtaking mountain views and gated community privacy. This exceptional estate is a rare opportunity to own a piece of paradise in Ojai, combining elegance, functionality, and serene natural beauty. Don't miss the chance to experience Ojai living at its finest!

Condition Rating
Good

Built in 2002, this property is 22 years old but presents as a meticulously maintained luxury estate. The description highlights a 'chef's dream kitchen' with 'premium stainless steel appliances' and 'wine cooler,' indicating high-end features for its time. Images show grand travertine floors in excellent condition and clean, well-kept carpeting in the master suite. The overall aesthetic is one of 'timeless elegance,' suggesting classic, well-preserved finishes rather than outdated ones. While not newly built or recently fully renovated to modern standards, it is clearly move-in ready with no immediate repairs needed. The systems appear well-maintained, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

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 = 87120, living area = 6357.
Exclusive Gated Community & Privacy: Nestled within the prestigious Rancho Matilija gated community, this estate offers enhanced security, exclusivity, and privacy, further amplified by its expansive two-acre lot.
Extensive Amenities & Versatile Structures: The property boasts a comprehensive compound including a main house, pool house, private studio, and a spacious workshop, providing exceptional versatility for living, guests, hobbies, and potential home office use.
Luxurious Interior Finishes & Design: Showcasing a grand 20-foot foyer, warm travertine floors, elegant architectural details, a chef's dream kitchen with premium appliances, and four en-suite bedrooms, including a lavish primary suite, the interiors exude timeless elegance.
Exceptional Outdoor Living & Landscaping: Designed for relaxation and entertainment, the outdoor spaces feature lush fruit trees, serene water features, a picturesque pond, a custom-built BBQ area, and multiple garden retreats, creating an idyllic natural setting.
Desirable Location & Practical Features: Situated in Ojai with breathtaking mountain views and a private pond, the estate also includes practical amenities such as RV parking and a private water well, enhancing its self-sufficiency and appeal.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $4.3M to $3.8M, which could suggest initial overpricing or a longer time on market, potentially raising questions for prospective buyers.
High Ongoing Maintenance & Operating Costs: A sprawling two-acre estate with multiple structures, extensive landscaping, water features, and a private well implies significant ongoing expenses for maintenance, utilities, and upkeep, which may be a consideration for buyers.
Lack of Explicit Cooling System: While fireplaces are mentioned, the description does not explicitly state the presence of a central air conditioning system. In Ojai's climate, the absence of robust cooling could be a notable drawback during warmer months.

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