10829 10883 10883 Oak Knoll Road, Ojai, California 93023, Ojai, - bed, bath

home-pic
ACTIVE$8,950,000
10829 10883 10883 Oak Knoll Road, Ojai, California 93023
4Beds
5Baths
4,923Sqft
958,320Lot
Year Built
1988
Close
-
List price
$8.95M
Original List price
$8.95M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-25572
Home ConditionFair
Features
Excellent View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Welcome to Oak Knoll Ranch - a true and authentic Ojai estate nestled on 22 acres (2 legal parcels), boasting breathtaking mountain views and privacy. This luxurious estate property offers a perfect blend of elegance and tranquility, with its stunning architecture and serene surroundings. As you enter through the grand courtyard, you are immediately greeted inside by the striking high beamed ceilings that create an atmosphere of grandeur and sophistication. The spacious 4-bedroom layout (all en-suite) allows for comfortable living and ample room for guests and entertaining. Additionally you have a detached and private guest house, a separate garage/utility building and a Ranch foreman's quarters consisting of 3 bedrooms and 2 baths. The outdoor amenities are equally impressive, featuring a pool, spa, and tennis court for your enjoyment and relaxation. The estate also includes a lemon and apple orchard, fed by a private well. The four-stall barn with tack room allows for Horses or other farm animals, with an arena and a hot walker, ideal for the equestrian enthused. Discover the epitome of luxury Ojai living in this remarkable estate, where every detail has been meticulously designed and crafted to provide the utmost comfort and opulence one could desire.

Price History

Date
Event
Price
09/05/24
Listing
$8,950,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (84 Listings)
Beds43
74%
Baths52
98%
Square foot4,9231,583
98%
Lot Size958,32010,890
96%
Price$8.95M$1.13M
99%
Price per square foot$1,818$761
96%
Built year19881964
87%
HOA
Days on market426195
94%
Condition Rating
Fair

Built in 1988, this estate is exceptionally well-maintained with impressive grounds and amenities. However, the interior, particularly the kitchen and bathrooms, show signs of being outdated in style. While functional and clean, the cabinet styles, tile choices, and some light fixtures appear to be from renovations 15-25 years ago, or are original, rather than recent updates. This aligns with the 'Fair' category, indicating the home is aged but maintained, with major components functional but showing signs of being outdated, and would benefit from minor cosmetic updates to meet current luxury standards.
Pros & Cons

Pros

Expansive & Private Estate: Nestled on 22 acres across two legal parcels, this estate offers unparalleled privacy and breathtaking mountain views, a rare and highly desirable asset in Ojai.
Comprehensive Equestrian Facilities: Features a four-stall barn with tack room, arena, and hot walker, making it an ideal and turn-key property for serious equestrian enthusiasts.
Extensive Guest & Staff Accommodations: Includes a detached guest house and a separate 3-bedroom, 2-bath foreman's quarters, providing significant flexibility for multi-generational living, staff, or income potential.
Luxury Recreational Amenities: Boasts a private pool, spa, and tennis court, enhancing the estate's resort-like living experience and offering ample entertainment options.
Productive Agricultural Features: Equipped with a lemon and apple orchard fed by a private well, adding unique charm, potential for hobby farming, and a degree of self-sufficiency.

Cons

Exclusive Price Point: The $8.95 million asking price targets a very limited buyer demographic, potentially leading to a longer market time compared to properties in lower price tiers.
Potential for System Updates: Built in 1988, while described as luxurious, the property may require updates to certain systems (e.g., HVAC, plumbing, electrical) or interior finishes to align with the expectations of modern luxury buyers.
Niche Market Appeal: The extensive equestrian and agricultural features, while significant strengths for specific buyers, may narrow the overall buyer pool to those specifically seeking this unique lifestyle, potentially limiting broad market interest.

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