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For sale
    • Listed by: Realty ONE Group Summit • Leslie Gillespie
    Price cut: $99K (5/23)
    $1,350,000

    587 N Rice Rd, Ojai, CA 93023

    3beds
    2,048sqft
    : 
    $8,473/mo
    Get pre-qualified
    Single Family Residence
    Built in 1990
    0.37 Acres Lot
    $1,265,600 Zestimate®
    $659/sqft
    $-- HOA

    What's special

    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.
    411 days
    |
    1,069
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie Gillespie DRE #01721312 805-794-1240,

    Realty ONE Group Summit

    Source: CRMLS,MLS#: V1-36237MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/4 bathrooms: 1
      Rooms
      • Room types: Sunroom, Workshop
      Bathroom
      • Features: Bathtub, Separate Shower
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Double Oven, Dishwasher, Gas Oven, Gas Range, Refrigerator
      • Laundry: In Garage
      Features
      • Balcony, Central Vacuum, Eat-in Kitchen, Pull Down Attic Stairs, Workshop
      • Flooring: Tile
      • Has fireplace: Yes
      • Fireplace features: Gas Starter
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,048 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Electric Gate, Off Street, RV Access/Parking
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Rear Porch, Concrete, Deck, Terrace, Wood
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Mountain(s), River, Valley, Trees/Woods
      • Has water view: Yes
      • Water view: River
      Lot
      • Size: 0.37 Acres
      • Features: Sloped Down, Sprinklers None
      Details
      • Parcel number: 0110020040
      • Special conditions: Standard
      • Horse amenities: Riding Trail

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Year built: 1990

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Biking, Hiking, Horse Trails, Valley
      Location
      • Region: Ojai

      Financial & listing details

      • Price per square foot: $659/sqft
      • Tax assessed value: $312,879
      • Annual tax amount: $4,127
      • Date on market: 5/6/2026
      • Cumulative days on market: 411 days
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $1,265,600

        $1.20M - $1.33M

        $7,453/mo

        Price history

        DateEventPrice
        5/23/2026Price change$1,350,000-6.8%$659/sqft
        Source: CRMLS #V1-36237 Report a problem
        5/6/2026Listed for sale$1,449,000-8%$708/sqft
        Source: CRMLS #V1-36237 Report a problem
        4/17/2026Listing removed$1,575,000$769/sqft
        Source: Ojai Valley BOR #224697 Report a problem
        5/27/2025Listed for sale$1,575,000$769/sqft
        Source: Ojai Valley BOR #224697 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,127 +6.4%$312,879 +2%
        2024$3,880 $306,745 +2%
        2023$3,880 +1.2%$300,731 +2%
        2022$3,834 +0.5%$294,835 +2%
        2021$3,813 +2.5%$289,054 +1%
        2020$3,719 +3%$286,091 +2%
        2019$3,611 +1.1%$280,483 +2%
        2018$3,572 +1.8%$274,984 +2%
        2017$3,511 +1.4%$269,593 +2%
        2016$3,462 +0.9%$264,307 +1.5%
        2015$3,430 +4.6%$260,339 +2%
        2014$3,279 $255,242 +0.5%
        2013-- $254,091 +2%
        2012-- $249,110 +2%
        2011-- $244,227 +0.5%
        2009-- $242,981 +4%
        2007-- $233,547 +2%
        2006-- $228,969 +2%
        2005-- $224,480 +3.9%
        2003-- $216,049 +2%
        2002-- $211,814 +2%
        2001$2,502 +2.5%$207,661 +2%
        2000$2,440 $203,590
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 93023

        Getting around

        22 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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