310 E East Matilija Street Street, Ojai, California 93023, Ojai, - bed, bath

home-pic
ACTIVE$4,200,000
310 E East Matilija Street Street, Ojai, California 93023
4Beds
4Baths
3,293Sqft
9,813Lot
Year Built
1874
Close
-
List price
$4.2M
Original List price
$4.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-27914
Home ConditionGood
Features
Good View: Landmark, Mountain(s), Panoramic
ViewLandmark, Mountain(s), Panoramic

About this home

THE MONTGOMERY HOUSE, est. 1874: A cornerstone of Ojai's history, this grand Victorian is a rare fusion of heritage and possibility. Meticulously restored with a newly reinforced foundation, a fully redone roof, and stunning new copper gutters, this architectural jewel stands as a testament to timeless craftsmanship. Every original wood window has been lovingly rejuvenated, allowing abundant natural light to pour into the home's richly detailed interior. Warm wood accents, soaring ceilings, and intricate period detailing create a sense of elegance and nostalgia, while the iconic wraparound porch offers the perfect place to take in the Ojai's surroundings. Once home to a beloved art gallery, this storied residence exudes inspiration at every turn.With its flexible VMU zoning, the Montgomery House offers limitless potential. Currently it is a distinguished private residence and it could also serve a myriad of other uses, such as a thriving commercial space, an iconic gallery, a michelin restaurant, an integrative wellness-retreat, a creative hub for a multinational startup, or a vibrant community gathering space. The home's thoughtfully designed layout features two spacious bedrooms downstairs and two more upstairs, complemented by four beautifully appointed baths. Several windows offer sweeping views of the Topa Topa Mountains to provide a daily masterpiece, culminating in the area's famed Pink Moment. Just steps from Ojai's celebrated Farmers' Market and vibrant downtown, this landmark property is at the heart of it all, offering a rare chance to carry forward its rich legacy while embracing the future.

Condition Rating
Good

The property, built in 1874, has undergone significant restoration, including a new roof and foundation. The bathrooms appear updated with classic fixtures. While the kitchen isn't explicitly shown, the overall condition suggests it's been updated to a reasonable standard. The description mentions meticulously restored original wood windows. The property is move-in ready with well-maintained systems, but it's not a recent full renovation, placing it in the 'good' category.
Pros & Cons

Pros

Historical Significance: The Montgomery House, established in 1874, is a cornerstone of Ojai's history, offering a unique and rare opportunity to own a piece of the city's heritage.
Meticulous Restoration: The property has undergone meticulous restoration, including a newly reinforced foundation, a fully redone roof, and rejuvenated original wood windows, ensuring structural integrity and preserving its historical charm.
Flexible VMU Zoning: The flexible VMU zoning provides limitless potential for various uses, including a private residence, commercial space, gallery, restaurant, wellness retreat, or creative hub.
Prime Location: Located steps from Ojai's celebrated Farmers' Market and vibrant downtown, this landmark property is at the heart of it all, offering convenient access to amenities and attractions.
Stunning Views: Several windows offer sweeping views of the Topa Topa Mountains, providing a daily masterpiece, culminating in the area's famed Pink Moment.

Cons

Age of Property: Built in 1874, the property may require ongoing maintenance and potential upgrades due to its age, despite recent renovations.
Potential for High Operating Costs: Given the size (3293 sqft) and historical nature of the property, operating costs, including utilities and maintenance, could be higher than newer constructions.
Price Point: At $4.2 million, the property is positioned at a premium price point, potentially limiting the pool of prospective buyers.

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