Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

350 Riverside Road

Oak View, CA, 93022

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$2,300,000

MLS: V1-32738

Beds

2

Baths

1

Sq Ft

1,200

Lot

11.78 ac

Year Built

1978

MLS #

V1-32738

Days on Market

43

Listed

Oct 7, 2025

Description

Discover a rare opportunity to own nearly 12 acres of land in the heart of Oak View. Two adjoining parcels totaling approximately 11.78 acres, offering incredible potential for those seeking a private horse property, ranch, or country retreat. The 5.97 acre parcel includes a 2-bedroom, 1-bath home in need of repairs and ready for your creative vision and personal touch. This same parcel also features horse stables, a spacious riding arena, and lighting and electrical infrastructure throughout, making it ideal for equestrian use or future development.The 5.81 acre parcel extends across the stunning Ventura River Preserve, offering unparalleled access to miles of scenic trails and natural beauty right at your doorstep. Whether you're a horse enthusiast, nature lover, or investor looking for acreage with endless potential, this property offers the rare combination of space, privacy, and proximity to Ojai's outdoor lifestyle.Sold as-is, this is a unique chance to create your dream ranch or retreat while enjoying the tranquility and open space that only Oak View and the Ventura River Preserve can offer.

Location

Oak View, Ventura County, CA 93022

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Listed by: Lydia Johnson · LIV Sothebys Ojai

Payment estimate

$16,277

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $230,000 · Loan: $2,070,000

%
Principal & Interest
$12,718
Property tax (1.25%)
$2,396
Homeowners insurance
$300
Mortgage insurance
$863
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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 $80,500 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

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

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