1400 Park Drive, Ojai, California 93023, Ojai, - bed, bath

home-pic
ACTIVE$2,500,000
1400 Park Drive, Ojai, California 93023
5Beds
3Baths
2,560Sqft
87,120Lot
Year Built
1987
Close
-
List price
$2.5M
Original List price
$3.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-18527
Home ConditionFair
Features
Good View: None
Pool
Spa
Patio
View-

About this home

A Rare Water-Rights Sanctuary in Ojai Valley.In a world where water has become one of the most coveted resources on Earth, this extraordinary 2-acre estate in Ojai offers something increasingly rare: true water independence. At its core lies a powerful 165-foot well tapping directly into your own aquifer--a feature that puts this property in a league of its own. Described by the Seller as a lake below the property. As corporations and the ultra-wealthy quietly acquire land across California with riparian access, the value of water rights has soared. Here, you're not just buying land--you're securing your own source of life's most precious asset. While the 2560sqft, six-bedroom, three-bathroom main house is also conveniently connected to city water, forget escalating municipal water bills--the well provides abundant, private access. Properties like this one are becoming increasingly rare and valuable. Water rights are now considered a strategic asset, and this estate quietly embodies that truth. Add in fertile soil and ample space to grow crops or raise animals, and you've got the makings of a self-reliant lifestyle. It's more than a home. It's a hedge against scarcity, a statement of foresight, and a chance to live untethered. A fully permitted steel barn houses three separate unpermitted living quarters (one 3-beds & 1-bath and two 1-bed & 1-bath units, all three with kitchenettes), which has potential for multi-generational living, caretakers, or rental income. The property is bordered by two tranquil seasonal creeks and shaded by mature trees, the property is a private world unto itself. Whether you envision a peaceful retreat, an off-grid sanctuary, or a legacy estate for generations to come, this land adapts to your aspirations. Nestled in coveted Ojai Valley, this estate offers the options to modernize the existing structures or embrace the rustic charm as is. Either way, the land holds the promise of equity and opportunity. The future is flowing here--schedule your private showing and see why this property is not just desirable, it's essential. (Per Seller, the main house has six-bedrooms and the property encompasses two acres. Buyer to perform own due diligence)

Price History

Date
Event
Price
08/01/25
$2,500,000
06/19/23
$3,200,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (84 Listings)
Beds53
95%
Baths32
69%
Square foot2,5601,583
86%
Lot Size87,12010,890
92%
Price$2.5M$1.13M
87%
Price per square foot$977$761
79%
Built year19871964
85%
HOA
Days on market870195
98%
Condition Rating
Fair

The property was built in 1987. The kitchen and bathrooms appear functional but outdated. The interior and exterior show signs of age and could benefit from updates to modernize the style. Overall, the property seems maintained but not recently renovated.
Pros & Cons

Pros

Water Rights: The property boasts rare and valuable water rights with a 165-foot well, providing water independence.
Large Lot Size: The 2-acre estate offers ample space for various activities, including gardening, raising animals, or potential expansion.
Potential Rental Income: The property includes a steel barn with three unpermitted living quarters, offering potential for rental income or multi-generational living.
Location: Nestled in the desirable Ojai Valley, known for its peaceful environment and natural beauty.
Dual Water Source: The main house is connected to both the private well and city water, providing flexibility and security.

Cons

Unpermitted Structures: The living quarters in the steel barn are unpermitted, requiring potential buyers to investigate and address compliance issues.
Property Condition: The listing suggests the property may need modernization or renovation, which could involve significant investment.
Bedroom Count Discrepancy: The listing mentions conflicting bedroom counts (six in the main house per seller, five in the data), requiring verification.

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