10562 Creek Road, Ojai, California 93023, Ojai, - bed, bath

home-pic
ACTIVE$2,249,000
10562 Creek Road, Ojai, California 93023
4Beds
3Baths
1,994Sqft
167,270.406Lot
Year Built
1966
Close
-
List price
$2.25M
Original List price
$2.35M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-29343
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Rare, Income-Producing Horse Compound with Development Potential - First Time on the Market in Over 40 Years!Discover a truly unique opportunity to own an income-generating family horse compound, offered for the first time in more than four decades. Set on multiple parcels with three separate addresses and APNs, this one-of-a-kind property is an investor's dream, offering the potential to build additional homes and ADUs.The main residence features three bedrooms and two bathrooms, plus a fully permitted downstairs guest quarters with one bedroom, one bathroom, and attached two-car garage - perfect for tenants, guests or extended family.Nestled adjacent to Saddle Mountain and backing up to the expansive 850-acre Old Creek Ranch Winery, the setting is nothing short of spectacular. The land is adorned with 30-year-old Zinfandel grapevines, majestic 400-year-old oak trees, and mature sycamores, all set against a backdrop of breathtaking mountain views.Equestrian amenities include:5,000 sq ft of permitted stables26 total stalls (13 indoor, 13 outdoor)Two tack roomsThree horse arenas and show arenaDedicated jumping and turnout areasThis is an ideal location on sought-after Creek Road, just minutes from downtown Ojai and Ventura, making it a rare find for those looking to establish a family estate, equestrian retreat, or continue as an income-producing property. Existing tenants are in place and can remain, providing immediate cash flow.Don't miss your chance to own this extraordinary property filled with natural beauty, history, and opportunity.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (82 Listings)
Beds43
73%
Baths32
69%
Square foot1,9941,517
64%
Lot Size167,27010,890
94%
Price$2.25M$1.13M
84%
Price per square foot$1,128$765
89%
Built year19661964
53%
HOA
Days on market202195
54%
Condition Rating
Fair

The property was built in 1966. The kitchen has stainless steel appliances, but the cabinets and countertops appear dated. The bathrooms are not shown in the images, but given the age of the property, they likely need updating. The interior design and finishes throughout the house appear aged, suggesting it has been maintained but not recently renovated.
Pros & Cons

Pros

Income Potential: The property is currently income-producing with existing tenants, providing immediate cash flow.
Equestrian Facilities: Extensive equestrian amenities including 26 stalls, tack rooms, and multiple arenas cater to horse enthusiasts.
Development Potential: Multiple parcels with separate APNs offer the opportunity to build additional homes and ADUs.
Prime Location: Located on sought-after Creek Road, minutes from downtown Ojai and Ventura, providing convenient access to amenities.
Scenic Views: Backs up to Old Creek Ranch Winery and features mountain views, mature oak trees, and Zinfandel grapevines, creating a picturesque setting.

Cons

Age of Property: Built in 1966, the main residence may require updates or renovations to meet modern standards.
Potential Renovation Costs: While income-producing, the property may require upfront investment to maximize its potential and attract higher-paying tenants.
Limited Interior Square Footage: The main residence offers 1994 sqft which may be small for some buyers.

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