Under ContractCondominium

5022 Teton Lane

Ventura, CA, 93003

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$615,000

MLS: V1-35758

Beds

2

Baths

2

Sq Ft

1,190

Lot

Year Built

1980

MLS #

V1-35758

Days on Market

10

Listed

Apr 13, 2026

Description

Back on the market with a fresh look and new paint. This single-story home in Ventura's gated Orchard Lane community is ready to be seen.Offering 1,190 sq ft of comfortable, low-maintenance living, this 2-bedroom, 2-bath home features a functional open floor plan that flows easily for everyday living. Upon entry, you're welcomed by wood flooring, high ceilings, and a cozy fireplace that anchors the main living space. The kitchen, complete with a custom tile backsplash, opens to a flexible dining area or den. Great for casual entertaining or adaptable alternative use, as seen in similar units.Both bedrooms and bathrooms, including a primary suite and convenient indoor laundry, are positioned down the hall. The layout flows to a private patio with direct access to the two-car garage, creating a seamless indoor-outdoor connection that complements Ventura's coastal lifestyle.Tucked into a quieter area of this well-maintained, gated community, residents enjoy HOA amenities that include water, sewer, trash, common area maintenance, gated entry, and access to two community pools and spas.Located just minutes from Elmhurst Elementary, Ventura College, parks, dining and shopping including Vons, Sprouts, and Barnes & Noble. Easy freeway access, with beaches and coastal trails nearby.A solid opportunity to own in a sought-after Ventura community, this home is ready for its next chapter and offers the flexibility to enjoy as-is or personalize over time.

Location

Ventura, Ventura County, CA 93003

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Listed by: Susan Connell · BHHS California Properties

Payment estimate

$4,673

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $61,500 · Loan: $553,500

%
Principal & Interest
$3,502
Property tax (1.25%)
$641
Homeowners insurance
$300
Mortgage insurance
$231
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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 Ventura home with as little as 3.5% down using an FHA loan — roughly $21,525 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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.