1186 S Rice Road
Ojai, CA, 93023
(No pictures available yet)
$1,695,000
MLS: V1-36274
Beds
2
Baths
2
Sq Ft
1,116
Lot
0.95 ac
Year Built
1949
MLS #
V1-36274
Days on Market
1
Listed
May 7, 2026
Description
Discover the perfect blend of updated comfort and classic Ojai charm at 1186 S Rice Rd. Situated on a nearly one-acre parcel of flat, usable land, this property offers an incredible opportunity for a main home + guest house lifestyle. The main residence is a stylishly remodeled 2-bedroom, 2-bathroom home featuring an open, bright interior that leads seamlessly to an expansive outdoor patio--ideal for al-fresco dining, entertaining, or taking in the serene surroundings. Included on the property is a detached 1-bedroom ADU, providing excellent flexibility for guests, a home office, or rental income. The property is capped off with an oversized 2-car garage, offering ample space for vehicles and storage. Whether you're looking for a private compound or a weekend retreat, this rare, usable lot offers endless potential in a prime Ojai location.
Location
Ojai, Ventura County, CA 93023
Open on Google Maps ↗Listed by: John Burdick · Redfin
Payment estimate
$12,353
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $169,500 · Loan: $1,525,500
- Principal & Interest
- $9,652
- Property tax (1.25%)
- $1,766
- Homeowners insurance
- $300
- Mortgage insurance
- $636
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $59,325 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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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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