587 N Rice Rd, Ojai, CA, 93023
About This Home
Positioned on a scenic hillside in Ojai, this property offers a rare blend of privacy, views, and long-term upside in one of the area's most desirable settings. With sweeping mountain vistas and vibrant sunset exposures, the location alone makes this a standout opportunity for both homeowners and investors.The two-story home features a light-filled interior with large windows and sliding glass doors that frame the surrounding landscape. An expansive upper deck takes full advantage of the elevated setting, perfect for enjoying Ojai's signature sunsets or entertaining guests.The property also includes a detached studio and an additional outbuilding, offering flexible space for a variety of uses such as guest accommodations, creative workspace, or endless possibilities to suit your needs (buyer to verify). Outdoor areas include terraced sections and established landscaping, creating a natural extension of the living space.Conveniently located just minutes from downtown Ojai, this property presents an opportunity to enjoy as-is while also offering room to personalize and enhance over time. A compelling option for those looking to invest in both lifestyle and value in a highly sought-after market.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Foundation: Raised
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Dishwasher,Gas Oven,Gas Range,Refrigerator
- Laundry features: In Garage
Bathroom
- Features: Bathtub,Separate Shower
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/4 bathrooms: 1
Features
- Balcony,Central Vacuum,Eat-in Kitchen,Pull Down Attic Stairs,Workshop
- Flooring: Tile
- Fireplace features: Gas Starter
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,048 sqft
Property
Details
- Parcel number: 0110020040
- Special condition: Standard
- Horse amenities: Riding Trail
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Rear Porch,Concrete,Deck,Terrace,Wood
- Spa features: None
- Has view: Yes
- View description: Mountain(s),River,Valley,Trees/Woods
- Has water view: Yes
- Water view: River
Lot
- Lot size: 0.37 Acres
- Features: Sloped Down,Sprinklers None
Parking
- Total spaces: 2
- Parking features: Concrete,Electric Gate,Off Street,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Ventura County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,826 | $81,912 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $1,489 | $17,868 |
| Electricity | $439 | $5,270 |
| Total | $9,029 | $108,348 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $1,449,000 |
| 2026-04-17 | Listing removed | $1,575,000 |
| 2025-05-27 | Listed for sale | $1,575,000 |
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