Under ContractSingleFamilyResidence

189 Teloma Drive

Ventura, CA, 93003

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$1,395,000

MLS: V1-34979

Beds

3

Baths

3

Sq Ft

2,533

Lot

0.40 ac

Year Built

1955

MLS #

V1-34979

Days on Market

34

Listed

Mar 19, 2026

Description

A rare opportunity to own a property situated on an expansive 17,400 sq. ft. lot in one of Ventura's most desirable neighborhoods. Step inside to a warm and inviting floor plan featuring three generously sized bedrooms and 2.5 bathrooms, designed for both everyday living and entertaining. One of the home's most desirable features is the extra-large family room, a versatile and expansive space that offers endless possibilities. Whether you envision a media room, game room, home office or gym, the oversized area provides the flexibility to adapt to your lifestyle. It's truly a space that sets this home apart. This oversized lot offers endless possibilities for outdoor living, expansion, gardening, or creating your own private retreat. The grounds are truly special, featuring mature fruit trees and eight producing avocado tree, providing both beauty and functionality. Imagine harvesting your own fresh fruit, enjoying shaded outdoor gatherings, or designing a custom garden oasis. The generous lot size offers ample space for entertaining, zoned for additional ADU possibilities (buyer to verify), RV parking, or simply enjoying the privacy and open space that is increasingly hard to find. The possibilities are endless from relaxing under the trees, hosting weekend barbecues, or exploring future development opportunities, this property combines space, charm, and versatility, all in the heart of Ventura. Don't miss this unique chance to own a large-lot property with established landscaping and incredible potential.

Location

Ventura, Ventura County, CA 93003

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Listed by: Tee Khamseng · Comfort Real Estate Services

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
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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 Ventura 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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