10480 Creek Road, Oak View, CA 93022 (MLS # V1-1312)

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PRICE $5,200,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 2,859 sqft
LOT SIZE 20.29 ac

Over $1,000,000 spent in upgrades on this rare opportunity to own this amazing 20 Acre Ranch known as Rancho Royale! Additional rental income of approx. $14,000 monthly income stream. The property is comprised of two contiguous 10 acre parcels with separate APN's and each with their own single family residence that combined make this a truly unique and rare ranch suitable for so many potential uses. Let your imagination run wild and turn your dream into reality as this flat 20 acre property provides both the footprint for your vision while generating a substantial income stream. Currently set up as a fully equipped Equine Facility with Five Arenas, Three Round Pens, Two Large Barns both English and Western as well as two 6 stall barns, Newer Hay Barn, Managers Office, Workshop and so much more. This property is well located and is only a 15 minute drive from downtown Ojai or the Pacific Ocean! The Owners Main Residence has been renovated from top to bottom with all the comforts of a new home. Upgrades include remodeled Kitchen with granite counters, tastefully remodeled bathrooms, manufactured wood-like flooring throughout, vaulted ceilings and recessed lighting. The main home also includes a 1445 sq.ft. remodeled rental apartment which sits above the two-car garage and the large second home is located on the 2nd parcel and is currently rented with a long term tenant.

DAYS ON MARKET 48 LAST UPDATED 9/17/2020
TRACT Not Applicable YEAR BUILT 1988
GARAGE SPACES 2.0 COUNTY Ventura
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Ventura Unified

PRICE HISTORY
Prior to Sep 17, '20 $5,500,000
Sep 17, '20 - Today $5,200,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Gas Cooktop, Gas Oven, Microwave
BARN/EQUESTRIAN Yes
BASEMENT Foundation: Raised
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air
LOT 20.2900 acre(s)
LOT DESCRIPTION Back Yard, Front Yard, Horse Property, Horse Property Improved, Ranch, Sprinklers None, Yard
PARKING Spaces: 2.00
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Not Applicable
UTILITIES Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
VIEW Yes
VIEW DESCRIPTION Hills,Mountain(s),Pasture
WATER Public
ZONING OS10AC
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : David Remedios CalDRE: 00902963, RE/MAX Gold Coast REALTORS

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