250 Palomares
Ventura, CA, 93003
$1,190,000
MLS: OC26163366
Beds
3
Baths
3
Sq Ft
2,010
Lot
0.16 ac
Year Built
1953
MLS #
OC26163366
Days on Market
14
Listed
Aug 3, 2026
Description
Set in the Loma Vista Terrace area of Ventura’s sought-after College Area, this three-bedroom home offers authentic mid-century character in a location that makes the most of Ventura living. Tucked below the foothills and less than three miles from the beach, the home is close to Ventura College, shopping, dining, Community Memorial Hospital and Ventura County Medical Center. Inside, the home feels bright, comfortable and full of personality. The kitchen preserves its vintage appeal with original tilework and a classic Wedgewood range, while wood flooring, energy-efficient vinyl windows, plantation shutters and neutral finishes provide an inviting foundation for the next owner. The third bedroom features a separate entrance and private bathroom, creating a flexible space for guests, extended family, a home office or possible rental use. Upstairs, a spacious bedroom (bonus room) offers even more versatility as a den, media room or additional office and includes a half bath and built-in shelving. Meaningful improvements include an updated roof and gutters, a fully owned solar system with 16 LG panels, and a 60-amp electrical subpanel at the detached garage. The long driveway provides ample off-street parking and may offer potential space for an RV, boat or additional vehicles. Plans and an estimate have also been prepared for an approximately 400-square-foot ADU conversion of the detached garage, giving a future owner a valuable starting point for additional living space, a studio, multigenerational use or possible rental income. Buyers should independently verify parking suitability, plans, permit status, costs and feasibility. With convenient access to Highways 101 and 126, downtown Ventura, the coast and Santa Barbara, this home brings together a well-positioned neighborhood, flexible living spaces and opportunities to make it your own.
Location
Ventura, Ventura County, CA 93003
Open on Google Maps ↗Listed by: Kara Welliver · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,875
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,000 · Loan: $1,071,000
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,890
- Property tax (1.25%)
- $1,240
- Homeowners insurance
- $300
- Mortgage insurance
- $446
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 Ventura home with as little as 3.5% down using an FHA loan — roughly $41,650 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
See Ventura, CA 93003 market trends →
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
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