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883 Moreno Drive, Ojai, CA 93023

$1.48M4bd · 4ba · 2,623 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•157d on market•MLS# V1-36343

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
$7,458.40
Principal & Interest
Loan Amount
$1,180,000
Total Interest
$1,505,025
Total Payment Over 30 Years
$2,685,025
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

$1.48M
Residential Tier
Beds
4
Baths
4
Sqft
2,623
Lot
8,276 sqft
Year
1967
$/Sqft
$562
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 1-car✓

Listed 20.9% below the median closed sale of $1,865,000. Price per sqft ($562) is a 30% discount to closed comps ($801).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.48M· $562/sqft
Total list price
Closed comps
vs closed median $1.86M
−$390K (−20.9%)
Active comps
vs active median $2.54M
−$1.07M (−42.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $989
−$427 (−43.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
414 Andrew DriveOjai1974442,49213,939$1,134$2.83M9483
1205 Rains CourtOjai1991432,55311,979$881$2.25M7282
1002 Country Club DriveOjai1970452,63741,818$965$2.54M11079
1417 Foothill RoadOjai1960432,64450,965$1,322$3.50M8078
275 Fairview RoadOjai1979542,80731,102$641$1.80M12975
Total: 5 · Average4.23.82,626.629,960.6$988.6$2.58M97
Median2,637$2.54M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
920 El Centro StreetOjai196009/11/2026442,9419,932$2.00M$1.90M$6460.958990
309 Signal StreetOjai200607/30/2026442,6104,791$1.87M$1.86M$7151.006884
420 Andrew DriveOjai199106/30/2026432,66712,011$1.88M$1.86M$6970.995382
627 VillanovaOjai195708/11/2026432,88076,014$3.75M$4.00M$1,3891.071876
2170 Ladera RoadOjai197609/10/2026432,39846,609$1.40M$1.33M$5570.956876
Total: 5 · Average4.03.42,699.229,871.4$2.19M$2.19M$800.8—59.2
Median2,667$1.86M$1.86M

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.