Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

10980 N Ventura Avenue

Oak View, CA, 93022

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$1,550,000

MLS: V1-30509

Beds

3

Baths

4

Sq Ft

4,232

Lot

5.64 ac

Year Built

1988

MLS #

V1-30509

Days on Market

225

Listed

Jun 11, 2025

Description

Custom-Built Estate with Unmatched Lake Casitas Views on 5.64 Acres.Welcome to your private hilltop sanctuary, where breathtaking, unobstructed views of Lake Casitas and the surrounding valley stretch as far as the eye can see. This expansive, custom-built estate offers approximately 4,232 sq. ft. of thoughtfully designed living space, nestled on 5.64 acres across two parcels. Designed for both grand entertaining and comfortable day to day living, the home features two spacious primary suites, one on each level, a dramatic great room with soaring 20-foot vaulted ceilings, and a generous upstairs loft offering sweeping panoramic views.Inside, you'll find timeless design and quality finishes, including hardwood and custom tile flooring, onyx marble kitchen countertops, and premium appliances. While the home has been well cared for, it offers a fantastic opportunity for updates and personalizing, making it a perfect canvas to create your dream estate. The open-concept chef's kitchen flows seamlessly into multiple entertaining areas, including a game room with full bar. For wellness and relaxation, enjoy a dedicated spa-inspired exercise room with its own sauna. Downstairs, the finished lower garage level adds approximately 980 sq. ft. of flexible space, ideal for a studio, workshop, gym, or additional living quarters. This one-of-a-kind property blends privacy, scale, and opportunity like few others in the area. With a little vision and updating, it could become a true showpiece.

Location

Oak View, Ventura County, CA 93022

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Listed by: Erik Wilde · LIV Sothebys Ojai

Payment estimate

$11,067

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $155,000 · Loan: $1,395,000

%
Principal & Interest
$8,571
Property tax (1.25%)
$1,615
Homeowners insurance
$300
Mortgage insurance
$581
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Oak View home with as little as 3.5% down using an FHA loan — roughly $54,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Oak View, CA 93022 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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