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505 South Ventura Street, Ojai, CA 93023

$1.45M3bd · 2ba · 2,163 sqft
Lot 11,128 sqft•Single Family Residence•
Active
•40d on market•MLS# V1-38891

Property Description

Set beneath a magnificent mature oak near downtown Ojai's shops, restaurants, and Libbey Bowl, 505 South Ventura Street combines architectural character with inviting outdoor living.This three-bedroom, two-bath home offers approximately 2,070 square feet on an approximately 11,128-square-foot lot surrounded by lush, established landscaping. Soaring wood ceilings, exposed beams, and skylights create an airy, welcoming atmosphere, while two distinctive fireplaces anchor the living and family rooms.Large windows frame garden views, while multiple patio doors connect the interior to the backyard. The spacious upstairs primary suite features its own bathroom and two walk-in closets, with two additional bedrooms on the main level.Enjoy the pool and spa, host dinner beneath the expansive covered patio, or gather around the built-in barbecue. Mature landscaping, garden paths, and quiet seating areas complete the settingall close to the shopping, dining, and live music that make downtown Ojai special.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
2.5
View
Mountain(s)
City
Ojai
Zip Code
93023
County
Ventura
Listed byLIV Sothebys Ojai, Jon Riddell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,331.99
Principal & Interest
Loan Amount
$1,160,000
Total Interest
$1,479,516
Total Payment Over 30 Years
$2,639,516
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

505 South Ventura Street, Ojai, CA 93023

Ojai · Single Family Residence

$1.45M
Residential Tier
Beds
3
Baths
2
Sqft
2,163
Lot
11,128 sqft
Year
1980
$/Sqft
$670
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 7.4% above the median closed sale of $1,350,000. Price per sqft ($670) is a 14% discount to closed comps ($775). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.45M· $670/sqft
Total list price
Closed comps
vs closed median $1.35M
+$100K (+7.4%)
Active comps
vs active median $1.32M
+$125K (+9.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $860
−$190 (−22.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
138 Christopher LaneOjai1987422,03510,000$663$1.35M272
501 Montgomery StreetOjai1961321,0809,900$1,204$1.30M872
412 Fulton StreetOjai1940321,4617,500$957$1.40M269
1303 Sunset PlaceOjai1958421,6949,378$782$1.32M1868
2175 Maricopa HighwayOjai1987431,8647,320$695$1.29M3864
Total: 5 · Average3.62.21,626.88,819.6$860.2$1.33M13.6
Median1,694$1.32M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
506 Crestview DriveOjai196110/02/2026321,4408,276$1.35M$1.29M$8990.962475
525 Ventura StreetOjai198406/02/2026321,77314,461$1.35M$1.35M$7611.006974
518 Ventura StreetOjai198212/02/2025332,00019,601$1.32M$1.28M$6400.9713774
207 Blanche StreetOjai201405/08/2026332,1274,356$1.59M$1.57M$7400.997473
203 Foothill RoadOjai195608/17/2026331,93418,731$2.19M$1.61M$8350.7425071
Total: 5 · Average3.02.61,854.813,085$1.42M$1.42M$775—110.8
Median1,934$1.35M$1.35M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.