Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

440 Mariposa Drive

Ventura, CA, 93001

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$1,899,500

MLS: V1-34808

Beds

4

Baths

4

Sq Ft

3,517

Lot

0.16 ac

Year Built

1999

MLS #

V1-34808

Days on Market

54

Listed

Feb 21, 2026

Description

Perched high in the Ventura foothills on an exceptionally private estate lot, this one-of-a-kind residence commands breathtaking 280-degree panoramic views spanning the Pacific Ocean, coastline, harbor, pier, mountains, and city lights. Awe-inspiring ocean vistas can be enjoyed from nearly every room, the wrap-around decks & the fourth-story tower which is a true architectural showpiece. 440 Mariposa was designed & built in 1999 by the owner, Frank Peterson, in a Frank Lloyd Wright style known as Organic Architecture, that harmonizes structure with the natural environment.Its hexagonal design, handcrafted woodwork, and flowing, interconnected rooms centered around a massive, central fireplace are key elements of Wright's architectural style. Being environmentally conscious, Peterson installed a copper roof that was ingeniously engineered to channel rainwater into an underground well. Some of the many creative touches include a custom marble floor embedded with pebbles in the shape of a stream, a wrought iron railing depicting various sea animals, a handcrafted stained-glass entry, and a garage door embellished with a hand carved frieze.Both the lower level & the west wing are self-contained guest units with kitchenettes, full baths & private entrances. A truly unforgettable residence that is designed to inspire, impress, and endure.

Location

Ventura, Ventura County, CA 93001

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Listed by: Karen Musser · BHHS California Properties

Payment estimate

$13,495

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $189,950 · Loan: $1,709,550

%
Principal & Interest
$10,504
Property tax (1.25%)
$1,979
Homeowners insurance
$300
Mortgage insurance
$712
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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 $66,483 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.

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