952 Peninsula Street, Ventura, California 93001, Ventura, 93001 - 5 bed, 3 bath

952 Peninsula Street, Ventura, California 93001 home-pic-0
ACTIVE$3,549,000
952 Peninsula Street, Ventura, California 93001
5Beds
3Baths
4,362Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($3,549,000) is $0 (0%) lower than the list price ($3,549,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Waterfront Location: The property boasts a direct waterfront location in Ventura Keys, offering desirable Coastline, Harbor, and Marina views, enhancing its appeal and value.
Top Cons:
Extensive Price Reductions: Multiple significant price drops from the original $4.25M to $3.549M may indicate market resistance, initial overpricing, or potential buyer skepticism regarding its true market value.

Compared to the nearby listings

Price:$3.55M vs avg $1.30M (+$2,248,950)96%
Size:4,362 sqft vs avg 1,742.5 sqft97%
Price/sqft:$814 vs avg $77757%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this property has undergone extensive and very recent renovations, as evidenced by the modern, high-end finishes throughout. The kitchen features sleek flat-panel cabinetry, integrated appliances, and a large island with a gas range, all appearing virtually new. Bathrooms showcase contemporary vanities, fixtures, and tiling. The overall aesthetic, including flooring, lighting, and exterior, is modern and meticulously maintained, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating. The description 'modern, beautiful, move-in ready' further supports this assessment.
Year Built
1980
Close
-
List price
$3.55M
Original List price
$4.25M
Price/Sqft
$814
HOA
-
Days on market
-
Sold On
-
MLS number
V1-29731
Home ConditionExcellent
Features
Excellent View: Coastline, Harbor, Marina
Deck
Patio
ViewCoastline, Harbor, Marina

About this home

Beautiful Modern Waterfront Home Ventura Keys Home.Seller is doing more upgrades and this is what the home will look like with new paint. Home is modern, beautiful, move-in ready and includes the boat. Purchase this home now! The most beautiful waterfront home at the lowest price.

Nearby schools

7/10
Pierpont Elementary School
Public,K-50.3mi
6/10
Cabrillo Middle School
Public,6-81.5mi
6/10
Ventura High School
Public,9-121.2mi
Condition Rating
Excellent

Despite being built in 1980, this property has undergone extensive and very recent renovations, as evidenced by the modern, high-end finishes throughout. The kitchen features sleek flat-panel cabinetry, integrated appliances, and a large island with a gas range, all appearing virtually new. Bathrooms showcase contemporary vanities, fixtures, and tiling. The overall aesthetic, including flooring, lighting, and exterior, is modern and meticulously maintained, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating. The description 'modern, beautiful, move-in ready' further supports this assessment.
Pros & Cons

Pros

Prime Waterfront Location: The property boasts a direct waterfront location in Ventura Keys, offering desirable Coastline, Harbor, and Marina views, enhancing its appeal and value.
Modern & Updated Aesthetics: Described as 'Modern, beautiful,' with ongoing upgrades and new paint, the home presents a fresh, move-in ready appearance.
Unique Amenity (Boat Included): The inclusion of a boat adds significant value and enhances the waterfront lifestyle, appealing to a specific buyer demographic.
Generous Living Space: With 4,362 sqft, 5 bedrooms, and 3 bathrooms, the property offers substantial space suitable for large families or entertaining.
Strong School District Proximity: Proximity to well-rated public schools (Pierpont Elementary 7, Ventura High 6, Cabrillo Middle 6) is a significant draw for families.

Cons

Extensive Price Reductions: Multiple significant price drops from the original $4.25M to $3.549M may indicate market resistance, initial overpricing, or potential buyer skepticism regarding its true market value.
Age of Construction: Built in 1980, the property is over 40 years old, which could imply older underlying infrastructure (e.g., plumbing, electrical, roof) that may require future maintenance or upgrades beyond the cosmetic 'modern' description.
Uncertainty of 'Upgrades': The phrasing 'Seller is doing more upgrades and this is what the home will look like with new paint' suggests ongoing or projected work, potentially meaning the current state differs from marketing images or that some improvements are not yet finalized.

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