292 Fraser Lane, Ventura, California 93001, Ventura, - bed, bath

home-pic
ACTIVE$850,000
292 Fraser Lane, Ventura, California 93001
3Beds
2Baths
1,205Sqft
5,747Lot
Year Built
1955
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-31322
Home ConditionFair
Features
Good View: Ocean
Patio
ViewOcean

About this home

Rustic charm meets laid-back California living in this thoughtfully updated 3-bedroom, 2-bath Ventura bungalow. Situated on a generous 5,747 sq ft lot, this home blends warmth and character with everyday functionality.Already operating as a successful Airbnb investment, this property offers even more potential with its detached garage and spacious yard--ideal for building an ADU or converting into a detached guest house. Whether you're looking to expand income opportunities or create private space for guests, the setup is perfect for long-term value.The living room features a cozy wood-burning stove, custom woodwork, and natural light streaming through large windows. A warm, farmhouse-style kitchen flows into the dining space with vintage accents and modern convenience. The primary suite offers privacy and charm with built-ins and a stylish en-suite vanity.Outside, the backyard is set up for entertaining with string lights, a fire pit, and multiple seating areas. Tucked away on a peaceful street with easy access to Ventura's beaches, shops, and daily essentials--this home is the perfect mix of relaxed vibes and timeless character, ready to welcome its next chapter.

Price History

Date
Event
Price
07/23/25
$850,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (78 Listings)
Beds33
50%
Baths22
50%
Square foot1,2051,606
38%
Lot Size5,7475,662
56%
Price$850K$1.07M
35%
Price per square foot$705$743
41%
Built year19551963
41%
HOA$129.5
Days on market105185
24%
Condition Rating
Fair

The property was built in 1955 and has been updated. The kitchen has a farmhouse style with vintage accents and modern convenience. The bathrooms appear to have been updated with stylish vanities. The flooring appears to be updated. Overall, the property appears to be in fair condition, showing its age but maintained with updates.
Pros & Cons

Pros

Airbnb Potential: Currently operating as a successful Airbnb, providing immediate income potential.
ADU/Guest House Potential: Detached garage and spacious yard offer excellent potential for building an ADU or converting into a detached guest house, increasing property value and versatility.
Updated Interiors: Thoughtfully updated with a farmhouse-style kitchen, custom woodwork, and stylish en-suite vanity, blending vintage charm with modern convenience.
Outdoor Entertaining Space: Backyard is well-equipped for entertaining with string lights, a fire pit, and multiple seating areas, creating an inviting outdoor living space.
Desirable Location: Located on a peaceful street with easy access to Ventura's beaches, shops, and daily essentials, offering a relaxed lifestyle with convenient amenities.

Cons

Year Built: Built in 1955, the property may require updates to meet modern building standards and preferences.
Smaller Square Footage: At 1205 sqft, the living space may be limited for larger families or those desiring more room.
Potential for Further Updates: While updated, some buyers may desire further modernization or customization to align with their specific tastes.

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