518 S Ventura Street, Ojai, California 93023, Ojai, - bed, bath

home-pic
ACTIVE$1,324,000
518 S Ventura Street, Ojai, California 93023
3Beds
3Baths
1,798Sqft
19,601Lot
Year Built
1982
Close
-
List price
$1.32M
Original List price
$1.38M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-31214
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Downtown Ojai Retreat with Room to Grow!Welcome to your private oasis in the heart of downtown Ojai. Just steps from Libbey Park, cafes, and the Ojai Valley Trail, this spacious Spanish-style retreat blends timeless charm with endless possibility.Why You'll Love It:Nearly half an acre across two parcels, rare space to expand, add a pool, or create your dream compound (buyer to verify).Over 2,000 sq ft of light-filled living with 3 bedrooms, 3 baths, and generous living areas.(buyer to verify)Saltillo tile floors, oversized windows, and a vintage-inspired kitchen with bar seating.Primary suite with en-suite bath and walk-in closet.Detached studio with AC ideal for a gym, office, or creative retreat.Mature oaks, pink peppercorns, and lush landscaping provide natural shade and privacy.Outdoor Living:The expansive backyard is your canvas imagine alfresco dinners under the trees, weekends by the pool, or adding a guest casita. An enclosed sunroom brings the outdoors in, creating a perfect spot for year-round relaxation.Location, Location:Enjoy a truly walkable lifestyle! Stroll to the Athletic Club & pool, farmers markets, restaurants, and shops all within minutes.With classic character, privacy, and room to grow, this property is an ideal full-time residence, weekend escape, or investment. Motivated sellers bring your vision and offer!

Price History

Date
Event
Price
09/25/25
Price Change
$1,324,000-1.9%
08/08/25
Price Change
$1,349,000
07/17/25
Listing
$1,375,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (84 Listings)
Beds33
50%
Baths32
69%
Square foot1,7981,583
61%
Lot Size19,60110,890
58%
Price$1.32M$1.13M
62%
Price per square foot$736$756
46%
Built year19821964
81%
HOA
Days on market111195
18%
Condition Rating
Fair

Built in 1982, this property is well-maintained but shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features original-style wood cabinets, tile countertops, and older appliances (visible dishwasher), which are functionally and aesthetically dated. The bathrooms also present older vanities, tile countertops, and fixtures. While the Saltillo tile flooring is consistent with the Spanish style, it, along with the kitchen and bathroom finishes, indicates that these major components require substantial cosmetic updates to meet current market standards and buyer expectations. The property is livable and appears structurally sound, but it has not undergone a major renovation in key areas for several decades.
Pros & Cons

Pros

Prime Walkable Location: Situated in the heart of downtown Ojai, steps from Libbey Park, cafes, the Ojai Valley Trail, Athletic Club, farmers markets, restaurants, and shops, offering an exceptional walkable lifestyle.
Significant Lot Size & Expansion Potential: Nearly half an acre across two parcels provides rare space to expand, add a pool, or create a dream compound, offering substantial future value and customization opportunities.
Versatile Detached Studio: A detached studio with AC offers flexible space ideal for a gym, home office, or creative retreat, enhancing the property's functionality and appeal.
Exceptional Outdoor Living & Privacy: An expansive backyard with mature oaks, pink peppercorns, and lush landscaping creates natural shade and privacy, complemented by an enclosed sunroom for year-round relaxation and entertaining.
Classic Spanish-Style Charm: The spacious Spanish-style retreat boasts timeless charm with Saltillo tile floors, oversized windows, and a vintage-inspired kitchen, appealing to buyers seeking character and warmth.

Cons

Potential for Main House HVAC Upgrade: While the detached studio has AC, the description does not explicitly mention a cooling system for the main house, which could be a drawback during warmer months and may require future investment.
Vintage Interior Elements May Require Updates: The 'vintage-inspired kitchen' and Saltillo tile floors, while charming, may not align with all buyers' preferences for modern aesthetics and could necessitate renovation costs for those seeking contemporary finishes.
Buyer Due Diligence for Expansion Potential: The repeated 'buyer to verify' regarding the two parcels and expansion potential indicates that realizing the property's full 'room to grow' may involve significant research, permits, and costs, which are not guaranteed or pre-approved.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State