10980 N Ventura Avenue, Oak View, California 93022, Oak View, - bed, bath

home-pic
ACTIVE$1,550,000
10980 N Ventura Avenue, Oak View, California 93022
3Beds
4Baths
4,232Sqft
245,678.406Lot
Year Built
1988
Close
-
List price
$1.55M
Original List price
$1.75M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-30509
Home ConditionFair
Features
Excellent View: Lake, Mountain(s)
Deck
ViewLake, Mountain(s)

About this home

Custom-Built Estate with Unmatched Lake Casitas Views on 5.64 Acres.Welcome to your private hilltop sanctuary, where breathtaking, unobstructed views of Lake Casitas and the surrounding valley stretch as far as the eye can see. This expansive, custom-built estate offers approximately 4,232 sq. ft. of thoughtfully designed living space, nestled on 5.64 acres across two parcels. Designed for both grand entertaining and comfortable day to day living, the home features two spacious primary suites, one on each level, a dramatic great room with soaring 20-foot vaulted ceilings, and a generous upstairs loft offering sweeping panoramic views.Inside, you'll find timeless design and quality finishes, including hardwood and custom tile flooring, onyx marble kitchen countertops, and premium appliances. While the home has been well cared for, it offers a fantastic opportunity for updates and personalizing, making it a perfect canvas to create your dream estate. The open-concept chef's kitchen flows seamlessly into multiple entertaining areas, including a game room with full bar. For wellness and relaxation, enjoy a dedicated spa-inspired exercise room with its own sauna. Downstairs, the finished lower garage level adds approximately 980 sq. ft. of flexible space, ideal for a studio, workshop, gym, or additional living quarters. This one-of-a-kind property blends privacy, scale, and opportunity like few others in the area. With a little vision and updating, it could become a true showpiece.

Price History

Date
Event
Price
09/14/25
Price Change
$1,550,000-11.4%
06/10/25
$1,750,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (30 Listings)
Beds33
50%
Baths42
87%
Square foot4,2321,530
97%
Lot Size245,67810,890
97%
Price$1.55M$1.05M
84%
Price per square foot$366$651
3%
Built year19881960
94%
HOA$650
Days on market148169
45%
Condition Rating
Fair

The property was built in 1988, making it 36 years old. While the MLS description notes it has been 'well cared for' and features 'timeless design and quality finishes' like hardwood, custom tile, and onyx marble countertops, it also explicitly states it 'offers a fantastic opportunity for updates and personalizing.' The images confirm this, showing a kitchen with dated wood cabinetry and lighting, and a bar area with wood paneling that is clearly from an older era. The overall structure appears sound and well-maintained, but the aesthetic and some features are outdated, requiring cosmetic updates to meet current standards. This aligns with the 'Fair' criteria for a property built over 20 years ago that is maintained but shows signs of being outdated and would benefit from minor updates.
Pros & Cons

Pros

Panoramic Lake & Valley Views: The property boasts breathtaking, unobstructed panoramic views of Lake Casitas and the surrounding valley from its private hilltop sanctuary.
Expansive & Private Acreage: Situated on a substantial 5.64-acre lot across two parcels, offering exceptional privacy, space, and potential for further development or landscaping.
Custom-Built Design & Quality Finishes: A custom-built estate featuring thoughtful design, a dramatic great room with soaring 20-foot vaulted ceilings, and quality finishes including hardwood, custom tile flooring, and onyx marble kitchen countertops.
Flexible & Abundant Living Spaces: Approximately 4,232 sq. ft. of versatile living space, including two primary suites, a generous upstairs loft, and a 980 sq. ft. finished lower level ideal for a studio, workshop, or additional living quarters.
Entertainment & Wellness Amenities: Designed for grand entertaining with an open-concept chef's kitchen, game room with a full bar, and a dedicated spa-inspired exercise room with a sauna.

Cons

Requires Updates & Personalization: The description highlights an 'opportunity for updates and personalizing' to create a 'dream estate,' suggesting that significant modernization or aesthetic upgrades may be desired by prospective buyers.
Original Construction Year: Built in 1988, the property's age (36 years old) implies that while well-cared for, some systems or components may be nearing the end of their lifespan or not meet current energy efficiency standards.
Recent Price Reduction: The list price has been reduced from $1.75M to $1.55M, which could indicate initial overpricing or market resistance, potentially affecting perceived value or buyer confidence.

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