8785 Ventura Way
About This Property
This spacious single-family home offers three bedrooms and three full baths, with two bedrooms conveniently located on the main level. The second floor includes a third bedroom, a full bath, and a versatile loft that can serve as a fourth sleeping area or an office space. The owner's suite boasts a remodeled bathroom with a walk-in frameless shower, dual-sink vanity, a large walk-in closet, and direct access to the lanai.
The great room design creates a sense of openness with volume ceilings and a seamless flow into the dining area and updated kitchen. The kitchen is a chef's dream, complete with stainless steel appliances, custom cabinetry, soft-close drawers, and a wine cooler.
Situated in a unique location in Ventura, this home is minutes from world-class shopping, dining, and pristine beaches. The community offers an array of amenities, including a top-notch tennis program with an on-site pro, a fitness center with a trainer and active classes, bocce, pickleball, and the newly added Courtside on-site restaurant. Pets welcomed with a limit of 2. This neighborhood is enhanced by mature tree-lined streets, safe sidewalks, and roving security. Private golf memberships are available separately for those seeking an exclusive golf experience.
Don't miss this opportunity to enjoy the best of the Pelican Marsh lifestyle!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Price Decreased |
$990,000
↓ $85K
(7.9%) | |
| Price Decreased | |||
| Apr 21, 2025 | Relisted | $1,075,000 | |
| Relisted | |||
| Apr 19, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017