
Ventura, California 93001
Analysis of 8994 Nye Road, Ventura, California 93001 is currently available with a list price of $899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ventura 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.
Property is moderate renovation needed.
Built in 1978, the property is well-maintained but reflects its age with outdated styles and finishes. The kitchen has received some updates, including stainless steel appliances and stone countertops, but the cabinetry appears to be original painted wood. The consistent tile flooring and overall interior design suggest the home has been kept up through regular maintenance rather than a comprehensive modern renovation. As noted in the listing description, it offers a 'wonderful opportunity to personalize,' indicating that while functional, it requires cosmetic and potentially system updates to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1605.
The inclusion of a separate cottage provides exceptional flexibility, serving as a guest suite, creative studio, or a source of potential rental income.
The single-level floor plan features a pool and spa with direct access from the primary suite and living areas, perfect for enjoying the mountain views and temperate climate.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1978 and described as 'well-loved,' the home likely requires significant cosmetic and functional updates to meet modern luxury standards.
Multiple price reductions since the initial listing suggest that the property may have been overvalued for its current condition or is facing resistance in the current market.
4 Bedrooms, Pool, Guest House, Views, Privacy, Quiet Street **OPEN HOUSE Thursday 3/26 10am-12PM**Country living with a mountain backdrop! Ideally situated between the Ojai Valley and Ventura, this property offers the best of both worlds, quiet country living just minutes from Ventura's beaches, downtown, shops, and restaurants. Set on a spacious lot, there's room for gardens, toys, a workshop, or simply enjoying the peaceful surroundings. This neighborhood is known for its rustic charm and eclectic character, where horses are common neighbors and you might even spot a zebra on your morning walk. Across the street is an Australian plant nursery, and the area is rich with local history, Johnny Cash once lived just up the hill!The single-level floor plan features four bedrooms and two baths, including a large primary suite with slider doors that open directly to the pool and spa. The living room is spacious with a beautiful tiled fireplace and opens to the backyard for easy indoor-outdoor living. The kitchen offers generous counter space, and there is a separate cottage that provides flexibility for guests, a studio, or rental potential.This home has been well loved by long-term owners and offers a wonderful opportunity to personalize, enhance, and make it your own. With temperatures that are warmer than Ventura yet cooler than Ojai, and with quick access to the nearby bike trail leading into either town, this is truly a unique setting where country living meets convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,605 | 1,693 | 46% |
| Lot Size | 11,761 | 5,445 | 93% |
| Price | $899.0K | $1.30M | 39% |
| Price per sq ft | $560 | $766 | 25% |
| Built year | 1978 | 1965 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 153 | 181 | 43% |
Mar 13, 2026
$899,000
$925,000
-3% Price Drop
Initial Listing
Feb 2, 2026
$925,000
$949,000
-3% Price Drop
Initial Listing
Nov 20, 2025
$949,000
Initial Listing
Sep 19, 2014
$431,000
Public Record
Apr 17, 2014
$330,000
Public Record