940 Via Arroyo, Ventura, California 93003, Ventura, 93003 - 4 bed, 3 bath
940 Via Arroyo
Ventura, California 93003
Property Price
SUMMARY
Analysis of 940 Via Arroyo, Ventura, California 93003 reveals a property with a current list price of $1,450,000, which is 9% above the estimated $1,320,929 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Via Arroyo Subject | $1,450,000* List Price | 4 | 3 | 2,397 | $551 | - |
A 1161 Via Arroyo Sold | $1,170,000 | 4 | 3 | 2,598 | $450 | 0.3 mi |
B 501 High Point Drive Sold | $1,433,000 | 4 | 3 | 2,016 | $711 | 0.6 mi |
C 1020 Via Cielito Sold | $1,369,000 | 4 | 3 | 2,930 | $467 | 0.2 mi |
D 691 Via Ondulando Sold | $1,170,000 | 3 | 2 | 1,923 | $608 | 0.3 mi |
E 7021 Etna Court Sold | $1,495,000 | 4 | 3 | 2,137 | $700 | 0.3 mi |
F 1018 Via Arroyo Pending | $1,250,000 List Price | 4 | 3 | 2,537 | $493 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant updates including a remodeled kitchen with granite countertops and stainless steel appliances, updated bathrooms with custom tile work, and dual-pane windows. Although built in 1962, the home has been extensively renovated (likely within the 5-15 year range) and well-maintained, showing minimal wear and tear.
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 = 13939, living area = 2397.
- Prime Hillside Location
Situated in the highly desirable Ondulando neighborhood, offering a prestigious hillside setting with close proximity to Ventura's beaches, parks, and shopping.
- Modernized Interior
The home features a remodeled kitchen with granite countertops and stainless steel appliances, along with updated bathrooms showcasing custom tile work and stone surfaces.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Absence of Views
Despite its hillside location in Ondulando, the property does not offer the panoramic ocean or city views often sought after in this specific neighborhood.
- Aging Infrastructure
Built in 1962, the residence may have original underlying systems that require inspection or updates, despite the modern cosmetic renovations.
About 940 Via Arroyo
Located in Ventura's desirable Ondulando hillside neighborhood, 940 Via Arroyo offers a thoughtfully updated single-level residence that blends classic ranch-style design with modern comfort and flexibility. Set on a generous lot, this home features a spacious and well-planned floor plan well suited for everyday living, entertaining, or extended household needs.The interior is highlighted by a remodeled kitchen with rich cabinetry, granite countertops, and stainless steel appliances, opening seamlessly to the dining and living areas to create an inviting and functional living space. Multiple living areas provide versatility, while updated bathrooms showcase custom tile work, newer vanities, and stone surfaces. Dual-pane windows and updated interior finishes contribute to a bright, cohesive feel throughout the home.Outdoor living is a standout feature, offering a private yard with a large patio area, built-in seating, and usable green space--ideal for gatherings, outdoor dining, or enjoying Ventura's mild coastal climate. In addition to the attached two-car garage, the property features a second driveway, providing valuable additional off-street parking and enhanced convenience. A detached potting shed/workshop adds functional space for hobbies, storage, or creative use and may present potential for future ADU consideration, subject to buyer verification and local requirements.The Ondulando neighborhood is known for its established homes, hillside setting, and convenient proximity to shopping, dining, parks, schools, freeway access, and Ventura's beaches. This location offers an appealing balance of residential privacy and accessibility to everyday amenities.A well-maintained and versatile home in a sought-after Ventura neighborhood, 940 Via Arroyo presents an outstanding opportunity to enjoy comfortable coastal living with space, flexibility, and location coming together in one inviting property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 13,939 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ventura Unified Schools
Poinsettia Elementary School
Grades K-5 • 0.8 mi
Anacapa Middle School
Grades 6-8 • 2.7 mi
Cabrillo Middle School
Grades 6-8 • 4.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,397 | 1,690 | 83% |
| Lot Size | 13,939 | 6,969 | 92% |
| Price | $1.45M | $930.0K | 89% |
| Price per sq ft | $605 | $573 | 61% |
| Built year | 1962 | 1964 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 166 | 2% |
Pricing History
Listed for Sale
Feb 10, 2026
$1,450,000
Initial Listing
Sold
Jul 23, 2014
$765,000
Public Record
Sold
Aug 2, 2013
$490,000
Public Record