Front of house (Main house exterior)
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883 Moreno Drive, Ojai, CA 93023

$1.38M4bd · 4ba · 2,623 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•9d on market•MLS# V1-39434

Property Description

Rare opportunity to own a retreat-like home in Ojai with a fully approved ADU!! Nestled in one of the area's most desirable neighborhoods in Meiners Oaks, this property backs onto hundreds of pristine acres managed by The Ojai Valley Land Conservancy, offering unparalleled privacy and a connection to nature and unprecedented views throughout.The main residence is thoughtfully designed with four bedrooms and three bathrooms. This includes a flexible fourth bedroom that is well-suited for use as a home office or a therapy room. The heart of the home features an open kitchen with ample storage that flows seamlessly into a spacious living room centered around a gas and wood-burning fireplace. Updated kitchen, tastefully selected finishes, newer roof, and drought resistant landscaping are just some of the many upgrades this home has to offer. The fully approved one-bedroom, one-bathroom ADU, provides excellent rental potential, guest quarters, or generational family living. The income potential for this property is significant! - A fully approved one-bedroom, one-bathroom ADU, providing excellent guest or rental income potential. - Sweeping mountain views visible from the kitchen, living room, and upstairs bedrooms. - Beautifully terraced outdoor spaces overlooking a natural landscape, ideal for experiencing Ojai's famous 'pink moment' sunsets. Given its layout and serene setting, this home offers incredible possibilities for work-live arrangements, therapy groups, or small retreats. Come and book a showing today!

Features & Amenities

FeeBuilt 1967

Property Details

Land Type
Fee
Year Built
1967
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s), Peek-A-Boo, River, Rocks, Trees/Woods
Flooring
Carpet, Laminate
City
Ojai
Zip Code
93023
County
Ventura
Listed byNextHome Coastal Estates, Lauren Swigert

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,952.75
Principal & Interest
Loan Amount
$1,100,000
Total Interest
$1,402,989
Total Payment Over 30 Years
$2,502,989
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

883 Moreno Drive, Ojai, CA 93023

Ojai · Single Family Residence

$1.38M
Residential Tier
Beds
4
Baths
4
Sqft
2,623
Lot
8,276 sqft
Year
1967
$/Sqft
$524
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed in line with the median closed sale of $1,359,000. Price per sqft ($524) is a 32% discount to closed comps ($770).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.38M· $524/sqft
Total list price
Closed comps
vs closed median $1.36M
+$16K (+1.2%)
Active comps
vs active median $1.30M
+$75K (+5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $634
−$110 (−17.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1275 Mariano DriveOjai1961522,0549,600$584$1.20M3986
2175 Maricopa HighwayOjai1987431,8647,320$695$1.29M3875
138 Christopher LaneOjai1987422,03510,000$663$1.35M274
569 Tico RoadOjai1977642,48414,810$594$1.48M7372
587 Rice RoadOjai1990332,04816,117$635$1.30M2167
Total: 5 · Average4.42.82,09711,569.4$634.2$1.32M34.6
Median2,048$1.30M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1118 Capello WayOjai196105/28/2026321,76410,454$1.40M$1.42M$8021.014079
1136 Rice RoadOjai196303/03/2026432,26041,382$1.43M$1.45M$6421.014869
594 La Luna AvenueOjai199109/21/2026331,93215,247$1.40M$1.35M$6990.964967
1188 Fierro DriveOjai196105/27/2026321,47113,939$1.40M$1.36M$9240.9711664
956 Tico RoadOjai195006/05/2026421,66833,541$1.29M$1.31M$7851.023262
Total: 5 · Average3.42.41,81922,912.6$1.38M$1.38M$770.4—57
Median1,764$1.36M$1.36M

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.