10480 Creek Road, Oak View, CA 93022

$5,500,000
4
BD
3
BA
2,859
SqFt
List Price
$5,500,000
Status
ACTIVE
MLS#
V1-1312
Year Built
1988
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,859
Lot Size
883,832
Lot Location
Back Yard, Front Yard, Horse Property, Horse Property Improved, Ranch, Sprinklers None, Yard
Days on Market
5
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Two Level
Builders Tract Code
Not Applicable
Neighborhood
Not Applicable

Property Description

Rare opportunity to own this amazing 20 Acre Ranch known as Rancho Royale! 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. The current Owners have spent time and money upgrading the ranch over the last few years and it is 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 is rented out at $1,900 per month. The large second home is located on the 2nd parcel and is currently rented at $4,000 per month. Additional rental income contributes to the $14,000 monthly income stream.

Additional Information

Tract Number
9.02
Lot Description
Automatic Gate, Horse Trails, Rural, Stable(s)
Other Buildings
Barn(s), Guest House, Guest House Detached, Outbuilding, Shed(s), Storage, Two On A Lot, Workshop
Kitchen Features
Granite Counters, Remodeled Kitchen
Appliances
Dishwasher, Gas Cooktop, Gas Oven, Microwave
Pool Description
None
Fireplace Description
Decorative, Living Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
View
Hills, Mountain(s), Pasture
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of David Remedios from RE/MAX Gold Coast REALTORS

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.