1177 Norwich Lane, Ventura, California 93001, Ventura, - bed, bath
ACTIVE$3,000,000
1177 Norwich Lane, Ventura, California 93001
4Beds
5Baths
3,499Sqft
3,848Lot
Year Built
2022
Close
-
List price
$3M
Original List price
$3.25M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25024240
Home ConditionExcellent
Features
Excellent View: Coastline, Courtyard, Hills, Mountain(s), Neighborhood, Ocean, Water
ViewCoastline, Courtyard, Hills, Mountain(s), Neighborhood, Ocean, Water
About this home
Memorial Day Special presents an unparalleled opportunity to acquire this luxurious beach estate. During this timeframe, eligible buyers may opt to purchase this property at the reduced price, or they elect to benefit from seller-funded incentives, such as, closing cost assistance, rate buy-down options, or upgrade credits. To secure this limited-time offer, interested parties must submit an accepted offer by September 5, 2025. Don't miss out on this exclusive opportunity to make this summer unforgettable.
Nearby schools
7/10
Pierpont Elementary School
Public,•K-5•0.1mi
6/10
Cabrillo Middle School
Public,•6-8•1.5mi
6/10
Ventura High School
Public,•9-12•1.2mi
Price History
Date
Event
Price
08/29/25
Price Change
$3,000,000-7.7%
02/14/25
$3,250,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (78 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 71% |
| Baths | 5 | 2 | 96% |
| Square foot | 3,499 | 1,615 | 91% |
| Lot Size | 3,848 | 5,622 | 18% |
| Price | $3M | $1.07M | 92% |
| Price per square foot | $857 | $766 | 62% |
| Built year | 2022 | 1963 | 99% |
| HOA | $129.5 | ||
| Days on market | 263 | 188 | 82% |
Condition Rating
Excellent
This property was built in 2022, making it a newly constructed home. The images confirm its 'excellent' condition, showcasing a luxurious beach estate with modern, high-end finishes throughout. The kitchen features sleek cabinetry, large island with waterfall edge, and top-of-the-line stainless steel appliances. Bathrooms are equally impressive with contemporary vanities, large format tiling, glass-enclosed showers, and a freestanding tub. Flooring consists of beautiful hardwood and modern tile. All light fixtures, cooling/heating systems (implied by new construction), and electrical devices are new and meet current quality standards. There is no visible deferred maintenance or physical depreciation, aligning perfectly with the criteria for an 'excellent' score.
Pros & Cons
Pros
Brand New Construction: Built in 2022, this property offers modern design, up-to-date building codes, and minimal immediate maintenance concerns, appealing to buyers seeking a move-in ready, contemporary home.
Prime Coastal Location: Situated in Ventura Beach (MLS Area VC23), the property benefits from a highly desirable beachside address, offering a coveted lifestyle and strong potential for long-term value appreciation.
Extensive Panoramic Views: The home boasts diverse and captivating views including ocean, coastline, hills, mountains, and water, significantly enhancing its luxury appeal and overall desirability.
Aggressive Seller Incentives: The 'Memorial Day Special' includes a significant price reduction from $3.25M to $3M, along with flexible seller-funded incentives like closing cost assistance, rate buy-downs, or upgrade credits, making it highly attractive to motivated buyers.
Luxurious Beach Estate Features: Described as a 'luxurious beach estate' with 4 bedrooms and 5 bathrooms across 3,499 sqft, it suggests high-end finishes, spacious living areas, and a premium residential experience.
Cons
Time-Sensitive Offer: The special pricing and seller incentives are contingent on an accepted offer by September 5, 2025, creating a limited window for potential buyers and potentially pressuring decision-making.
Compact Lot Size: With a lot size of 3,848 sqft for a 3,499 sqft home, the property offers limited outdoor space, which might be a drawback for buyers seeking larger yards or expansive recreational areas.
High Price Point: Listed at $3,000,000, the property's high price tag inherently narrows the pool of eligible buyers, targeting a very specific, affluent demographic.