$429,000
↓ $70K (14%)
●
Land -
For Sale
1797 Foothill Road
Ojai, CA 93023
Studio
0 Bath
$2,132
Est. Monthly
$25
HOA / Fees
About This Property
SELLER FINANCING! Introducing Spirit Rock Retreat--a rare
opportunity to build your dream home on one of Ojai's most
sought-after streets. Set on a scenic hillside with sweeping views
of the valley and surrounding mountains, this exceptional parcel
offers unmatched serenity, privacy, and inspiration.A striking
natural rock formation rises from the land like a quiet guardian,
anchoring the property with a sense of presence and wonder. Just
minutes from downtown Ojai, Libbey Bowl, boutique shops,
restaurants, and the beloved farmers market, this location offers
the perfect blend of rural peace and small-town charm.Surrounded by
open space, horse trails, and hiking paths, the setting is ideal
for those seeking connection to nature and the Ojai lifestyle. The
property is made up of 2 parcels and includes a water meter,
electricity, an improved driveway, and an approved septic system
for a three-bedroom home--offering a strong foundation for your
vision.A place to create. A place to retreat. And the setting? It's
pure Ojai magic.
Unit Size
-
Days on Market
510 days
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$25
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #V1-30249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2026 | Price Decreased |
$429,000
↓ $70K
(14%) | |
| Price Decreased | |||
| Apr 28, 2026 | Relisted | $499,000 | |
| Relisted | |||
| Apr 26, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Price Decreased |
$499,000
↓ $60K
(10.7%) | |
| Price Decreased | |||
| Apr 16, 2025 | Listed by BHHS California Properties | $559,000 | |
| Listed by BHHS California Properties | |||
Property Highlights
With View
Exterior Details
Lot Features: Steep Slope, Secluded, ZeroToOneUnitAcre, LotOver40000Sqft, Rocks, SprinklersNone
Lot Size Area: 43995
Lot Size Units: Square Feet
Lot Size Acres: 1.01
Lot Size Square Feet: 43995
Water Source: Public
Utilities Details
Sewer : Perc Test On File
Location Details
HOA Fee: $300
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ventura
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Listed by: Geena Bouche, BHHS California Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V1-30249
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V1-30249
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