
Ventura, California 93004
This Spacious Townhome represents a Strong Value Opportunity, listed at $695,000—positioned well below the $704,597 Fair Market Value by 1%. This valuation gap offers $9,597 in Instant Equity. Featuring a Fair Condition Rating (4/10), the property offers significant potential for cosmetic updates to modernize the 1980s finishes. With a versatile loft and access to community pools and spas, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a value-add property in a well-established Ventura community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8645 Twin Rivers Drive Subject | $695,000* List Price | 3 | 3 | 1,959 | $360 | - |
A 1858 Rogue River Circle Sold | $680,000 | 3 | 3 | 1,484 | $458 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property features a dated interior with original-style tile countertops in the kitchen/bar area and older bathroom fixtures. While the home appears well-maintained and functional, the finishes and systems likely exceed 20-30 years in age, necessitating cosmetic and potentially mechanical updates to meet modern standards.
At nearly 2,000 sq. ft., the home features a large loft that offers significant flexibility as a home office, playroom, or a potential fourth bedroom.
Residents benefit from a resort-like lifestyle with access to multiple pools, spas, and beautifully maintained walking paths within a mature landscape.
With 1,959 sq. ft. of living space, this townhome provides a spacious interior rarely found in similar condominiums, offering a house-like feel.
The monthly HOA fee of $575 represents a significant recurring cost that buyers must factor into their overall monthly budget.
The property record indicates no specific views, which may be a disadvantage for buyers prioritizing the scenic vistas often sought in the Ventura area.
Welcome to 8645 Twin Rivers Drive, a spacious 3-bedroom, 2.5-bath townhome in the desirable Twin Rivers community of East Ventura. This 1,959 sq. ft. two-story home offers a versatile floor plan with all three bedrooms upstairs, including a spacious primary suite with en-suite bath, plus a large loft that makes an ideal home office, den, playroom, or potential 4th bedroom. Enjoy the comfort and convenience of a 2-car garage and a peaceful community setting surrounded by mature landscaping and scenic walking paths. Residents enjoy access to pools, spas, and other amenities. A wonderful opportunity to enjoy spacious living, community amenities, and the relaxed Ventura lifestyle.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,959 | 1,062.1 |
| Lot Size | - | 1,719 |
| Price | $695.0K | $537.9K |
| Price per sq ft | $355 | $490 |
| Built year | 1980 | 1978 |
| HOA | $575.0 | $465 |
| Days on market | 13 | 57 |
Aug 27, 2026
$695,000
Initial Listing
May 28, 2004
$563,500
Public Record
Oct 27, 1994
$166,500
Public Record