Ojai Estate on 5.59 Acres with Views
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10920 Ventura Avenue, Oak View, CA 93022

$1.59M4bd · 4ba · 2,596 sqft
Lot 6 sqft•Single Family Residence•
Active
•3d on market•MLS# V1-39557

Property Description

Newly renovated and set on 5.59 acres, The Lake House is a remarkable Ojai estate with breathtaking views of Lake Casitas and the rolling foothills of the Ojai Valley. Designed by Marc Whitman, this beautifully appointed property offers four bedrooms and four bathrooms across a thoughtfully designed main residence and private guest suite. The three-bedroom, two-bathroom main home is complemented by a fully equipped one-bedroom, two-bathroom guest suite, complete with its own separate entrance, ideal for extended family, guests, or added flexibility. Surrounded by the natural beauty of the valley, the property combines timeless architecture, modern upgrades, and a peaceful sense of privacy. Underground utilities preserve the unobstructed views, allowing the spectacular landscape to take center stage. Inside, vaulted ceilings, eco-certified wood flooring, and a beautifully detailed wood-burning fireplace create a warm and inviting atmosphere. Expansive windows draw in natural light and frame the surrounding scenery, bringing the outdoors into everyday living. The newly remodeled chef's kitchen, featuring two pantries, pairs thoughtful design with exceptional functionality. Outdoor living is an experience in itself. Entertain beneath the pergola, enjoy al fresco dining on one of the inviting patios, or simply unwind beneath mature oak trees. Lush landscaping and an abundant variety of fruit and avocado trees create a tranquil setting that captures the essence of Ojai living. An adjoining level parcel, already equipped with water and electricity, offers a wonderful opportunity to further enhance the property and bring your own vision to life. A finished three-car garage completes this exceptional offering. Rarely does a property offer this combination of proximity to the coast and Ojai, generous acreage, and beautiful Lake Casitas views. Experience The Lake House firsthand and discover what makes this Ojai retreat so special. Designed without compromise. Crafted to be lived in for decades. Watch the property video and experience this extraordinary estate.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
Lake, Mountain(s)
Flooring
Tile, Wood
Roof
Tile
City
Oak View
Zip Code
93022
County
Ventura
Listed byLIV Sothebys Ojai, Tyler Brousseau

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,065.19
Principal & Interest
Loan Amount
$1,276,000
Total Interest
$1,627,468
Total Payment Over 30 Years
$2,903,468
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

Luxury Tier · 5 active · 5 closed

10920 Ventura Avenue, Oak View, CA 93022

Oak View · Single Family Residence

$1.59M
Luxury Tier
Beds
4
Baths
4
Sqft
2,596
Lot
5.59 ac
Year
1988
$/Sqft
$614
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 3-car✓

Listed 13.9% above the median closed sale of $1,400,000. Closed comps sold at 94% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 125 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.59M· $614/sqft
Total list price
Closed comps
vs closed median $1.40M
+$195K (+13.9%)
Active comps
vs active median $1.45M
+$145K (+10.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $862
−$248 (−28.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
11270 Ventura AvenueOjai1930543,009114,127$482$1.45M12263
883 Moreno DriveOjai1967442,6238,276$524$1.38M859
1708 Orchard DriveOjai1957321,75420,441$843$1.48M3154
569 Tico RoadOjai1977642,48414,810$594$1.48M7344
908 Tico RoadOjai19532174821,780$1,865$1.40M441
Total: 5 · Average4.03.02,123.635,886.8$861.6$1.43M47.6
Median2,484$1.45M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
10980 Ventura AvenueOak View198806/17/2026344,232245,678$1.55M$1.40M$3310.9037180
560 Riverside RoadOak View195007/09/2026432,396134,165$1.70M$1.52M$6340.897767
1148 Woodland AvenueOjai195906/15/2026422,03823,958$1.45M$1.40M$6870.975164
33 Monterey DriveOak View195805/05/2026321,59626,136$1.48M$1.46M$9120.985460
75 Valley ViewPismo Beach199309/28/2026331,9177,500$1.40M$1.36M$7090.977359
Total: 5 · Average3.42.82,435.887,487.4$1.43M$1.43M$654.6—125.2
Median2,038$1.40M$1.40M

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.