1118 Capello Way
Ojai, CA, 93023
$1,395,000
MLS: V1-35881
Beds
3
Baths
2
Sq Ft
1,764
Lot
0.24 ac
Year Built
1961
MLS #
V1-35881
Days on Market
0
Listed
—
Description
****Property in escrow prior to processing.****Nestled on an extremely private street in the heart of Ojai, this beautifully appointed 3-bedroom, 2-bathroom home offers the perfect blend of comfort, functionality, and California indoor-outdoor living. Set on a generous lot of over 10,000 square feet, the property also features a fully permitted, stick-built ADU--ideal for guests, rental income, or a private workspace. Enjoy close proximity to the Ventura River and the scenic Ojai Bike Path, perfect for outdoor enthusiasts.Inside, vaulted ceilings create an airy, open feel, complemented by elegant slate flooring and spacious, well-proportioned bedrooms. The thoughtfully designed layout includes a butler's pantry for added convenience and flow, while the primary suite serves as a true retreat with a soaking tub, separate shower, and walk-in closet.Step outside to enjoy a private oasis designed for entertaining and relaxation. A pergola-covered patio, built-in grill area, and outdoor shower make hosting effortless, while drought-tolerant landscaping ensures beauty with sustainability. Additional highlights include RV parking, a 2-car garage, a tankless water heater, and owned Tesla solar for energy efficiency.This is Ojai living at its best--private, stylish, and perfectly situated to enjoy the area's natural beauty.
Location
Ojai, Ventura County, CA 93023
Open on Google Maps ↗Listed by: Jessica Judd · LIV Sotheby's International
Payment estimate
$9,990
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,500 · Loan: $1,255,500
- Principal & Interest
- $7,714
- Property tax (1.25%)
- $1,453
- Homeowners insurance
- $300
- Mortgage insurance
- $523
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 Ojai home with as little as 3.5% down using an FHA loan — roughly $48,825 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.
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