
587 North Rice Road, Ojai, CA 93023
587 North Rice Road, Ojai, CA 93023
Property Description
Positioned on a scenic hillside in Ojai, this property offers a rare blend of privacy, views, and long-term upside in one of the area's most desirable settings. With sweeping mountain vistas and vibrant sunset exposures, the location alone makes this a standout opportunity for both homeowners and investors. The two-story home features a light-filled interior with large windows and sliding glass doors that frame the surrounding landscape. An expansive upper deck takes full advantage of the elevated setting, perfect for enjoying Ojai's signature sunsets or entertaining guests. The property also includes a detached studio and an additional outbuilding, offering flexible space for a variety of uses such as guest accommodations, creative workspace, or endless possibilities to suit your needs (buyer to verify). Outdoor areas include terraced sections and established landscaping, creating a natural extension of the living space. Conveniently located just minutes from downtown Ojai, this property presents an opportunity to enjoy as-is while also offering room to personalize and enhance over time. A compelling option for those looking to invest in both lifestyle and value in a highly sought-after market.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Ojai · Single Family Residence
Listed 4.1% above the median closed sale of $1,249,000. Price per sqft ($635) is a 17% discount to closed comps ($765).
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2175 Maricopa Highway | Ojai | 1987 | 4 | 3 | 1,864 | 7,320 | $695 | $1.29M | 38 | 86 |
| 138 Christopher Lane | Ojai | 1987 | 4 | 2 | 2,035 | 10,000 | $663 | $1.35M | 2 | 83 |
| 1275 Mariano Drive | Ojai | 1961 | 5 | 2 | 2,054 | 9,600 | $584 | $1.20M | 39 | 74 |
| 210 Lomita | Ojai | 1959 | 3 | 2 | 1,622 | 9,583 | $755 | $1.23M | 142 | 74 |
| 883 Moreno Drive | Ojai | 1967 | 4 | 4 | 2,623 | 8,276 | $524 | $1.38M | 8 | 71 |
| Total: 5 · Average | 4.0 | 2.6 | 2,039.6 | 8,955.8 | $644.2 | $1.29M | 45.8 | |||
| Median | 2,035 | $1.29M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 594 La Luna Avenue | Ojai | 1991 | 09/21/2026 | 3 | 3 | 1,932 | 15,247 | $1.40M | $1.35M | $699 | 0.96 | 49 | 84 |
| 1420 La Paz Drive | Ojai | 1978 | 02/03/2026 | 4 | 3 | 2,004 | 11,325 | $1.25M | $1.25M | $623 | 1.00 | 27 | 74 |
| 204 Lomita Avenue | Ojai | 1945 | 12/01/2025 | 3 | 2 | 1,456 | 8,276 | $1.17M | $1.20M | $823 | 1.03 | 67 | 73 |
| 1118 Capello Way | Ojai | 1961 | 05/28/2026 | 3 | 2 | 1,764 | 10,454 | $1.40M | $1.42M | $802 | 1.01 | 40 | 73 |
| 1054 Fairview Road | Ojai | 1960 | 05/19/2026 | 3 | 2 | 1,328 | 9,147 | $1.20M | $1.17M | $877 | 0.97 | 55 | 72 |
| Total: 5 · Average | 3.2 | 2.4 | 1,696.8 | 10,889.8 | $1.28M | $1.28M | $764.8 | — | 47.6 | ||||
| Median | 1,764 | $1.25M | $1.25M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.